Description: The Fund aims to reflect the performance before fees and expenses of the MSCI World Enhanced Value (USD) Index (Index). The Index is based on the MSCI World Index (Parent Index) which is designed to reflect the performance of certain shares in large and medium listed companies in developed markets countries. In order to be eligible for inclusion in the Index, shares must be included as constituents within the Parent Index and are then selected using a value strategy. The value strategy considers various value characteristics of the shares and compares those results to peer companies. The characteristics focus on Price-to-Book-Value (price of shares relative to their book value), Price-to-Forward Earnings (price of shares relative to their expected future earnings), and Enterprise Value-to-Cash Flow from Operations (which measures the value of the company relative to the cash it generates).
Exchange: LSE
Country: UK
Currency: Pence sterling (p)
Category: Global Large-Cap Value Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 60.93 | 0.00 | 60.93 |
| Stock US | 38.90 | 0.00 | 38.90 |
| Other | 0.15 | 0.00 | 0.15 |
| Cash | 0.10 | 0.08 | 0.02 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Technology | 19.25 | 14.12 |
| Healthcare | 14.95 | 17.15 |
| Financial Services | 14.63 | 15.03 |
| Industrials | 11.77 | 11.05 |
| Consumer Cyclicals | 9.69 | 10.92 |
| Consumer Defensive | 7.17 | 8.25 |
| Communication Services | 6.34 | 8.70 |
| Energy | 5.88 | 6.78 |
| Basic Materials | 4.65 | 5.50 |
| Utilities | 3.01 | 1.59 |
| Real Estate | 2.67 | 0.93 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 40.55 | 51.69 |
| Japan | 23.39 | 8.09 |
| Europe Developed | 21.22 | 22.66 |
| United Kingdom | 11.10 | 10.84 |
| Asia Developed | 2.26 | 3.45 |
| Australasia | 0.92 | 0.56 |
| Africa/Middle East | 0.31 | 0.34 |
| Latin America | 0.26 | 0.68 |
| Asia Emerging | 0.00 | 1.69 |
| Europe Emerging | 0.00 | 0.00 |