Description

This exchange-traded fund primarily allocates its capital to large and medium-sized European equities. Its portfolio composition directly follows the MSCI EMU Select Dynamic 50% Risk Weighted index, with individual company weightings mirroring those of the benchmark. The overarching goal of the fund is to precisely replicate the performance, in terms of both price appreciation and total return (after accounting for expenses), of the aforementioned MSCI EMU Select Dynamic 50% Risk Weighted Index. Investors should be aware that the market price at which the fund trades may diverge from its net asset value. This investment vehicle is operated with a passive management approach.