This exchange-traded fund (ETF) tracks the FTSE All-World Index, which is composed of large and mid-sized companies in developed and emerging markets. Income is reinvested into the fund.This ETF is the default investment option for the Freetrade self-invested personal pension (SIPP). We selected this ETF because we believe it meets the needs, objectives, and characteristics of a typical Freetrade SIPP customer. The default investment option is not tailored to each individual, it is not investment advice and there is no obligation to invest. We chose it as it tracks the performance of the FTSE All-World Index, providing a diversified and broad coverage of global equities for those in the accumulation stage of their non-workplace pensions. We also use this ETF as a benchmark in the Insights tab of your app. The default investment option can be helpful if you don’t know where to start or find it difficult to choose appropriate investments.Before investing, consider whether this ETF can meet your personal needs and investment objectives. If you want to be sure that your SIPP and any investments in your SIPP are right for you, you may wish to seek investment advice.