– Glossary
Nasdaq-100 Trust (QQQ, or \"cubes\")
A unit investment trust established to accumulate and hold a portfolio of the equity securities that comprise the Nasdaq-100 Index. QQQ is intended to provide investment results that, before expenses, generally correspond to the price and dividend yield performance of the Nasdaq-100 Index. QQQ’s initial market value approximates 1/40 of the value of the underlying Nasdaq-100 Index. QQQ options are some of the most liquid available on any exchange.
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