Description: The Reference Currency of the Sub-Fund is the EUR. This Sub-Fund (denominated in EUR) seeks to track, as consistently as possible, the performance of the Eurozone Large Cap Equity markets, as measured by the EUROSTOXX 50 Return Index (Net Dividend) (Bloomberg Code at the date of the present Prospectus: SX5T) and to minimize the Tracking Error between the NAV of the Sub-fund and the index. In order to achieve this objective, the indexed management strategies that will be implemented consist, depending on the opportunities of the markets and the constraints of the reference index, in: 1. investing in all the equities comprising the reference index, 2. investing in a representative selection of the equities comprising the reference index, 3. investing in the derivatives market (such as index futures) to achieve the exposure to stock markets. The Investment Manager may combine the 3 strategies in order to achieve its objective.
Exchange: LSE
Country: UK
Currency: Pence sterling (p)
Category: Eurozone Large-Cap Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 98.96 | 0.00 | 98.96 |
| Stock US | 1.04 | 0.00 | 1.04 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Consumer Cyclicals | 16.81 | 13.77 |
| Financial Services | 16.65 | 16.59 |
| Technology | 14.35 | 12.78 |
| Industrials | 13.11 | 15.00 |
| Basic Materials | 9.51 | 8.28 |
| Healthcare | 7.22 | 8.62 |
| Consumer Defensive | 7.14 | 8.05 |
| Energy | 6.61 | 5.62 |
| Communication Services | 4.34 | 5.20 |
| Utilities | 3.68 | 4.95 |
| Real Estate | 0.58 | 1.13 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Europe Developed | 93.17 | 94.26 |
| United Kingdom | 5.79 | 3.74 |
| North America | 1.04 | 1.17 |
| Japan | 0.00 | 0.00 |
| Latin America | 0.00 | 0.18 |
| Asia Developed | 0.00 | 0.65 |
| Africa/Middle East | 0.00 | 0.00 |