Description

The PLUS SYNTH-AC World(H) ETF is designed to mirror the total investment return – which includes both price changes and income generation – of the MSCI ACWI Index. Its goal is to achieve this performance before the deduction of any fund operating expenses. Notably, as a synthetic ETF, it accomplishes this objective by utilizing a Total Return Swap (TRS) agreement with a financial institution, rather than directly holding the actual securities that comprise the index.