Description

The fund's primary goal is to deliver significant long-term capital appreciation by precisely replicating the performance of the Morgan Stanley Capital International (MSCI) Small Cap World Index. This particular benchmark is market-capitalization weighted and composed of smaller companies operating in developed nations. Adopting a passive investment or indexing methodology, the fund endeavors to mirror the index's returns by acquiring either every security within it or a carefully chosen representative portion, ensuring each stock's holding proportionally aligns with its weighting in the benchmark.