Wall told FTAdviser: “The importance of portfolio diversification is whether you invest in active or passive funds. It is correct to say that there is a risk of concentration in the investment through too many passive funds or ETFs with extensive monitoring of market indices, but this can be managed. We maintain servers all over the world and your data may be processed on servers outside the country where you live. Data protection laws vary from country to country, with some offering more protection than others. Regardless of where your data is processed, we apply the same safeguards as described in this policy. We also comply with certain legal frameworks regarding the transfer of data, such as the EU-US and Switzerland and the US. Privacy Shield Frameworks. If we detect spam, malware, illegal content, and other forms of abuse on our systems that violate our policies, we may disable your account or take other appropriate action. In certain circumstances, we may also report the breach to the appropriate authorities. This fund tends to invest in almost every company in the FTSE USA index, which could help it track the index closely. Smaller companies that make up a very small portion of the index are sometimes not held in the fund because they may be more difficult or expensive to buy or sell. This reduces costs.