FTSE Developed Europe ex UK UCITS ETF (VERG.L) LSE
Currency In GBP
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In GBP
Address
70 Sir John Rogerson's Quay
Dublin, D02 R296
Ireland
Phone
44-20-7866-1810
Sector
Financial Services
Industry
Asset Management - Global
Employees
N/A
First IPO Date
July 23, 2019
This ETF operates on a passive management basis, directly acquiring the underlying securities with the aim of replicating the performance of the FTSE Developed Europe ex U.K. Index. This benchmark encompasses established large and medium-sized companies from developed European economies, with the notable exclusion of the United Kingdom. Its primary method for achieving this is to invest in all constituents of the Index, mirroring their exact proportions. Should full replication prove impractical, a sampling strategy will be employed. Furthermore, the fund aims to remain fully invested, only deviating from this stance during periods of exceptional market volatility, political instability, or comparable unforeseen events.