The fund is a feeder fund and as such it invests in the iShares Core
MSCI World UCITS ETF. This underlying fund tracks the MSCI World
Index and aims to replicate the performance of the index.
The MSCI World Index captures large and mid cap representation
across 23 Developed Markets countries. With over 1600
constituents, the Index covers approximately 85% of the free floatadjusted
market capitalisation in each country. The Index is
The fund may also hold a small portion in cash instruments and listed
derivatives to effect efficient portfolio management.