Focusrite PLC (GB00BSBMW716)

Overview

The fund operates as an exchange-traded fund (ETF) emphasizing a passive management or indexing investment strategy. It aims to mirror the performance, pre-fees and expenses, of its designated index. This index strategically targets the global music, media, and entertainment sectors, incorporating a rules-based approach to select companies within these industries. By adhering to a passive management philosophy, the fund endeavors to achieve exposure similar to its index, focusing on companies pivotal to the entertainment and media landscapes worldwide, under normal market conditions. The investment strategy involves allocating nearly all its net assets in the securities constituting the index, striving for a high level of fidelity to its benchmark's performance.

Products and Services

• Exchange-Traded Fund (ETF)

The fund offers an ETF designed for investors looking to gain exposure to the global music, media, and entertainment sectors through a diversified portfolio of companies. This ETF is built to track the performance of a rules-based index, focusing on companies actively engaged in these dynamic industries. By investing in this ETF, shareholders can participate in the potential growth of the entertainment and media sectors across different regions and markets.

• Passive Management Investment Approach

Adopting a passive management, or indexing, approach, the fund seeks to replicate the composition and performance of a specified index without actively picking stocks. This methodology aims to minimize expenses and tracking errors in comparison to the index. The passive management strategy ensures investors gain exposure to a broad array of companies in the music, media, and entertainment industries, mirroring the performance of the index before fees and expenses.