The investment objective of the fund is to provide exposure to mid capitalisation securities across developed market countries. In order to achieve this investment objective, the fund will seek to track the performance of the MSCI World Mid Cap Index Net Total Return (the Index), subject to the deduction of the TER and other expenses associated with operating the fund. It will do so by investing primarily in an optimised portfolio of equity securities that, as far as possible and practicable, consists of the component securities of the Index in similar proportions to their weightings in the Index. Income is reinvested into the fund.
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