Description: The fund’s objective is to track as closely as possible the MSCI Nordic countries index, whether the MSCI Nordic Countries index rises or falls. The fund is managed so as to achieve a gap between changes in its NAV and changes in the value of the MSCI Nordic Countries index (referred to below as the “MSCI Nordic Countries Index”) as small as possible. The target for maximum tracking error between changes in the Fund’s NAV and those in the MSCI Nordic Countries Index is 2%. If the “tracking error” exceeds 2%, the aim would nevertheless be to remain below 10% of the volatility shown by the MSCI Nordic Countries Index.
Exchange: LSE
Country: UK
Currency: Pence sterling (p)
Category: Nordic Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 100.00 | 0.00 | 100.00 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Industrials | 25.45 | 29.28 |
| Healthcare | 23.47 | 17.85 |
| Financial Services | 18.86 | 20.57 |
| Basic Materials | 7.42 | 6.80 |
| Energy | 6.13 | 2.52 |
| Technology | 5.76 | 8.56 |
| Consumer Defensive | 4.08 | 5.18 |
| Consumer Cyclicals | 3.43 | 4.42 |
| Communication Services | 2.74 | 2.31 |
| Utilities | 2.05 | 1.24 |
| Real Estate | 0.60 | 1.27 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Europe Developed | 100.00 | 97.67 |
| Japan | 0.00 | 0.01 |
| Australasia | 0.00 | 0.01 |
| North America | 0.00 | 0.30 |
| Asia Developed | 0.00 | 0.02 |
| United Kingdom | 0.00 | 2.00 |