| LSE Exchange | US Country |
The fund is designed to provide investors with exposure to large capitalization U.S. equities, adhering closely to its investment objective by allocating at least 80% of its assets to securities found within its underlying index. This underlying index is the equal-weight version of the Solactive US Large Cap Index, which itself is a market-capitalization-weighted index comprising approximately 500 of the largest U.S. companies. This strategic approach emphasizes an equal-weight investment method, diverging from traditional market-cap weighted strategies to potentially offer a diversified portfolio and a different risk-return profile.
The fund's primary offering includes investing in equity securities of large capitalization U.S. issuers. By focusing on an equal-weight version of the Solactive US Large Cap Index, this service enables investors to diversify their investment in approximately 500 of the largest U.S. companies. Unlike traditional market-capitalization-weighted indices where larger companies have a bigger impact on the index's performance, the equal-weight strategy ensures that each constituent contributes equally to the portfolio's returns, potentially providing a broader market representation and reducing concentrated risk.