Description

This exchange-traded fund primarily invests in large and mid-sized U.S. companies that are constituents of the MSCI USA Prime Value Advanced Target Select 100% Hedged to EUR Index. Its portfolio is structured to replicate the exact weightings of companies within this benchmark. The primary goal of the fund is to accurately mirror the price performance and total returns of the MSCI USA Prime Value Advanced Target Select 100% Hedged to EUR Index, after deducting all applicable fees. It is important to note that the fund's market price on an exchange might not always align with its net asset value. A currency hedging mechanism is incorporated to minimize the financial impact of exchange rate fluctuations that could arise from holding U.S. dollar-denominated assets in a different currency. The fund employs a passive investment approach.