Description

This exchange-traded fund aims to track the performance of the MSCI World Consumer Discretionary TRN Index. This benchmark is designed to measure the returns of major and mid-sized corporations located in developed markets globally, specifically those within the consumer discretionary industry as categorized by the Global Industry Classification Standard (GICS). The weighting of the index constituents is determined by their free-float adjusted market capitalization, and its composition is re-evaluated and adjusted on a quarterly basis. Comprehensive details regarding the index's construction, including its selection and weighting methodology, are accessible on the MSCI website at https://www.msci.com.