Category: SICAV

The fund is passively managed. The aim is for your investment to reflect the performance of the Euro STOXX 50® Index (index) which is designed to reflect the performance of the shares of 50 of the largest companies in certain industry sectors in the Eurozone. The companies are selected on the basis that they have the largest combined value of readily available shares compared to other companies. A company's weighting in the index depends on its relative size but cannot exceed 10% of the index at each quarterly review date. The index is calculated on a total return net basis which means that all dividends and distributions by the companies are reinvested in the shares after tax. The index is reviewed and rebalanced on at least a quarterly basis. To achieve the aim, the fund will attempt to replicate the index by buying all or a substantial number of the securities in the index.The fund may employ techniques and instruments in order to manage risk, reduce costs and improve results. These techniques and instruments may include the use of derivatives. The fund may also engage in secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the fund. The currency of the fund is EUR. Returns and gains are not distributed but are reinvested in the fund. You may request the redemption of shares generally on a daily basis.