CORE16 Best of Breed Premier Index ETF (BOBP)

The CORE16 Best of Breed Premier Index ETF (BOBP) is a passively managed fund that tracks an index of stocks selected as best-of-breed companies, meaning businesses identified by the index methodology as leaders within their respective industries. The portfolio consists primarily of U.S.-listed equities.

The fund is sponsored by CORE16, a newer ETF issuer, and trades on NYSE Arca. Its index rules determine which companies qualify and how they are weighted, with periodic rebalancing.