Description

The fund's primary objective is to closely mirror the performance of the Morgan Stanley Capital International (MSCI) Japan Index. This benchmark specifically targets equities of companies either headquartered in Japan or traded on its approved exchanges. Adopting a passive, index-tracking investment approach, the fund aims to achieve this by purchasing either all the securities that compose the index or a representative selection thereof. Each company's stock within the fund is held in a proportion that closely matches its weighting in the benchmark index.