Description: The objective of this Sub-fund is to replicate the MSCI World Index composition while slightly outperforming the index and maintaining a very low tracking error.The Sub-fund aims to achieve a level of tracking error whereby the annual variability of the difference in returns between the performance of the sub-fund and its index will not normally exceed 2%. On a daily basis, the manageraims to maintain the tracking error under 0.50%.
Exchange: LSE
Country: UK
Currency: Pence sterling (p)
Category: Global Large-Cap Blend Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 68.77 | 0.00 | 68.77 |
| Stock non-US | 30.58 | 0.11 | 30.47 |
| Cash | 3.62 | 2.88 | 0.74 |
| Other | 0.02 | 0.00 | 0.01 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 19.60 | 20.21 |
| Financial Services | 14.95 | 16.10 |
| Healthcare | 14.19 | 15.65 |
| Consumer Cyclicals | 10.95 | 9.86 |
| Industrials | 10.03 | 10.75 |
| Consumer Defensive | 7.96 | 8.07 |
| Communication Services | 7.17 | 7.00 |
| Energy | 5.24 | 4.02 |
| Basic Materials | 3.97 | 3.91 |
| Utilities | 3.06 | 2.27 |
| Real Estate | 2.89 | 2.15 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 72.83 | 67.95 |
| Europe Developed | 13.12 | 15.35 |
| Japan | 6.08 | 5.27 |
| United Kingdom | 4.28 | 5.72 |
| Australasia | 2.22 | 1.44 |
| Asia Developed | 1.14 | 2.19 |
| Africa/Middle East | 0.19 | 0.27 |
| Latin America | 0.11 | 0.33 |
| Asia Emerging | 0.03 | 1.48 |
| Europe Emerging | 0.00 | 0.01 |