Description

This fund seeks to mirror the investment returns of the MSCI World Utilities TRN Index. This benchmark comprises prominent and medium-sized companies operating within the utilities sector, specifically those located in developed economies globally and classified under the Global Industry Classification Standard (GICS). The representation of these companies within the index is determined by their market value, adjusted for the freely traded portion of their shares (free-float). The index's composition is subject to review and rebalancing on a quarterly basis. For a detailed explanation of the index's construction, including its selection criteria and weighting methodology, additional information is available on the MSCI website: https://www.msci.com.