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The fund is a passively managed Exchange-Traded Fund. This means shares in the fund are listed and traded on one or more stock exchange(s). The objective of the fund is to provide investors with investment results which, before expenses, would correspond to the price and yield performance of the return on the FTSE RAFI Europe Index (Net Total Return) in EUR (the Index) by replicating all of the constituents of the Index. The Index consists of the largest European companies, selected using specific criteria, that themselves are constituents of the FTSE Europe Developed Large/Mid Cap Indices Income is distributed.
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