Description

The primary goal of this fund is to match the net total return performance of the MSCI AC Daily TR Net Asia ex Japan index, after accounting for all operating costs. It achieves this by utilizing a synthetic replication strategy, specifically through investment in a financial swap. To mitigate risk, the swap counterparty provides the ETF with collateral in the form of G10 government bonds, supranational bonds, and cash. This fund operates under a passive management framework.