Description

This fund primarily allocates capital to the constituents of the S&P 500 ESG Elite Index, with its currency exposure hedged to British Pounds. The portfolio's company weightings are designed to precisely mirror those within the benchmark index. Its overarching objective is to replicate the price and total return performance of the GBP-hedged S&P 500 ESG Elite Index, net of all associated costs. It's worth noting that the fund's market price may diverge from its net asset value. This specific share class integrates a currency hedging strategy, seeking to mitigate the impact of fluctuations between the British Pound and the US Dollar. The fund's management approach is entirely passive.