- The Fund is an actively-managed Exchange-Traded Fund (ETF), which aims to achieve a long-term return in excess of the MSCI World Index (the “Index”)1,
by investing in an actively-managed portfolio of global equities that meets a defined set of environmental, social, and corporate governance criteria (the
“ESG Criteria”).
- In order to achieve the investment objective, the Fund invests in shares of companies from developed markets worldwide. Eligible stocks are screened for
compliance with the Fund’s ESG Criteria, and then scored based on their attractiveness with respect to three investment factors: Value (i.e. companies
perceived to be ‘inexpensive’ relative to market averages), Quality (i.e. companies that demonstrate stronger balance sheets relative to market averages)
and Momentum (i.e. companies whose historical share price performance or earnings growth have exceeded market averages). The Fund holds a sub-set
of these stocks, using an optimisation process that seeks to maximise exposure to those investment factors whilst targeting a risk profile that is consistent
with the Fund’s investment objective. Fund holdings are rebalanced monthly. The “quantitative investment model” uses mathematical, logical and
statistical techniques for stock selection purposes.
- The Fund will not seek to track the performance of an index. The Fund will hold an actively-managed portfolio of equities with the aim of delivering
superior risk-adjusted returns over the long term when compared with the performance of global equity markets, for which the Index serves as a
reference.
- The Fund's shares