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The fund is a passively-managed Exchange-Traded Fund, which aims to achieve the net total return performance of the S&P World Energy Targeted & Screened Index (the Index), less fees, expenses and transaction costs. To achieve the investment objective the fund will, as far as possible and practicable, hold all the securities in the Index in their respective weightings. The Index is designed to measure the performance of large and mid-capitalisation Energy companies in developed markets and seeks to enhance its ESG profile and reduce its carbon footprint, relative to the S&P World Energy Index (the Parent Index). Income is reinvested into the fund.
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