Scottish Widows UK Tracker Fund A Acc

The fund aims to track the performance of the UK equity market represented by the FTSE 100 Custom Screened Index by investing in UK shares. It aims to perform in line with the Benchmark Index before deduction of fees, utilizing a 'full replication' approach.

The fund invests in shares of all companies within the Benchmark Index, with the option to include or exclude specific shares and/or other security types as deemed necessary by Scottish Widows Unit Trust Managers (SWUTM). It may also invest up to 10% in collective investment schemes to gain exposure to the Benchmark Index. Derivatives and stock lending may be used for efficient portfolio management.

Investors should be aware that the fund will underperform the Benchmark Index after deduction of fees. It is recommended to hold the investment for the medium to long term (at least five to ten years) to potentially mitigate risks associated with market fluctuations.

https://www.scottishwidows.co.uk/kiids/kiids-swfunds.html