Description

The aim is for the investment to reflect the performance before fees and expenses of the S&P 500 { {®}} Equal Weight Index (Index) which is designed to measure the performance of the companies in the S&P 500 Index with each company in the Index being allocated a fixed weight of 0.20%. The Index contains shares of large public companies traded on the New York Stock Exchange Euronext or the NASDAQ OMX markets. The shares comprising the S&P 500 Index are weighted according to the total market value of their outstanding shares (capitalisation weighted). To achieve the aim, the Fund will attempt to replicate the Index, before fees and expenses, by buying all (or, on an exceptional basis, a substantial number of) the shares in the Index in the same proportion as the Index as determined by the Sub-Portfolio Manager of the Fund which is Deutsche Asset Management (UK) Limited.