€0.44
(0.64%)
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Stocks and Shares ISAObjective
The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the MSCI EMU Large Cap Index, the Fund’s benchmark index. The Share Class, via the Fund, aims to invest so far as possible and practicable in the equity securities (e.g. shares) that make up the benchmark index. The benchmark index measures the performance of large capitalisation companies across developed market countries in the Economic and Monetary Union of the EU which comply with the MSCI size, liquidity and free float criteria. The benchmark index is a free float-adjusted market capitalisation weighted index. Free float-adjusted means that only shares readily available in the market rather than all of a company’s issued shares are used in calculating the benchmark index. Free float-adjusted market capitalisation is the share price of a company multiplied by the number of shares readily available in the market. Securities that are liquid are liquid means that they can be easily bought or sold in the market in normal market conditions. The Fund intends to replicate the benchmark index by holding the equity securities which make up the benchmark index, in similar proportions to it. The Fund may also engage in short-term secured lending of its investments to certain eligible third parties to generate additional income to off-set the costs of the Fund The investment manager may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) to help achieve the Fund’s investment objectives. FDIs may be used for direct investment purposes. Your shares will be accumulating shares (i.e. income will be included in their value).
- Leverage -
- Currency hedgingNo