The fund aims to track the MSCI ACWI Semiconductors & Semiconductor Equipment ESG Filtered NET USD Index, providing investors with exposure to the semiconductor industry while incorporating environmental, social, and governance (ESG) criteria.
Fund Exposure
The fund is primarily exposed to the semiconductor and semiconductor equipment sector through the MSCI ACWI Semiconductors & Semiconductor Equipment ESG Filtered Index. This index includes companies involved in the design, manufacture, and distribution of semiconductors and related equipment globally.
Risks
Investors in this fund are exposed to various risks, including higher risk due to market movements, replication risk related to unexpected events impacting index calculation, counterparty risk from OTC swaps with designated banks, underlying risk from complex and volatile indexes, currency risk if denominated in a different currency, and liquidity risk in certain market conditions. It is important for investors to carefully assess these risks before investing.