Description: The investment seeks to track the price and performance yield, before fees and expenses, of the FTSE RAFI Europe index. The fund will achieve this by holding the shares from the index and their respective weightings, subject to the investment restrictions. It will invest in swaps and swaptions, options, FDIs, and in order to gain exposure to the components of the index or for cash management purposes, hold ancillary liquid assets such as cash, commercial paper and money market obligations such as short and medium-term treasury bills and treasury notes certificates of deposit, bankers’ acceptances, and variable and floating rate instruments which are either of investment grade or are issued or guaranteed by a national government or its agencies.
Exchange: LSE
Country: UK
Currency: Pence sterling (p)
Category: Europe Large-Cap Value Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 98.96 | 0.00 | 98.96 |
| Stock US | 0.99 | 0.00 | 0.99 |
| Other | 0.12 | 0.00 | 0.12 |
| Cash | 0.05 | 0.12 | -0.07 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Financial Services | 24.74 | 21.17 |
| Energy | 13.54 | 9.32 |
| Industrials | 12.01 | 14.64 |
| Consumer Defensive | 9.76 | 9.15 |
| Healthcare | 9.16 | 12.02 |
| Consumer Cyclicals | 8.57 | 10.29 |
| Basic Materials | 8.32 | 7.50 |
| Utilities | 5.55 | 3.62 |
| Communication Services | 4.83 | 6.31 |
| Technology | 2.46 | 5.42 |
| Real Estate | 1.07 | 0.57 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Europe Developed | 72.02 | 74.52 |
| United Kingdom | 26.23 | 23.43 |
| North America | 0.99 | 1.26 |
| Latin America | 0.42 | 0.46 |
| Europe Emerging | 0.26 | 0.02 |
| Asia Developed | 0.10 | 0.29 |
| Australasia | 0.00 | 0.04 |