The fund aims to provide investors with the performance of an index, before fees and expenses (including the cost of hedging), composed of developed market equities (hedged to AUD).
The index, the MSCI World Investable Market Index 100% hedged to AUD, is market capitalisation weighted and measures the performance of large-, mid- and small-capitalisation stocks across developed market countries which comply with MSCI’s size, liquidity, and free-float criteria.