Description

This fund is designed to passively mirror the performance of the FTSE North America Index by physically investing in its constituent securities. The Index itself tracks large-capitalization companies located throughout North America. To achieve its objective, the fund commits most, if not all, of its assets to the same stocks as the Index, maintaining similar proportional weightings. While it generally remains fully invested, the fund can temporarily diverge from this policy during extreme market, political, or comparable conditions to protect against potential losses.