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The investment objective of the fund is to achieve the net total return performance of the MSCI World Universal Select Business Screens Index, less fees, expenses and transaction costs. The Index tracks the performance of large and mid-capitalisation companies in developed markets worldwide and aims to represent the performance of an investment strategy that, by adjusting the constituents free-float market capitalisation weights based upon certain ESG metrics, seeks to increase overall exposure to those companies demonstrating both a robust ESG profile as well as a positive trend in improving that profile. Income is reinvested into the fund.
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