The investment objective is to replicate the price and return performance of the MSCI EMU Total Shareholder Yield 100% hedged to CHF Index net of fees. The stock exchange price may differ from the net asset value.
The MSCI EMU Total Shareholder Yield 100% hedged to CHF Index is alternatively weighted index that is designed to follow a total shareholder yield strategy measuring the equity market performance of countries within the EMU. Securities that have a Dividend Yield or Buyback Yield greater than zero are selected to form the eligible universe and securities which have a negative Enterprise Value are excluded from the universe.