The fund generally invests in large and mid cap stocks which are contained in the MSCI United Kingdom index. The investment objective is to replicate the price and yield performance of the MSCI United Kingdom100% hedged to CHF.
The MSCI United Kingdom 100% hedged to CHF Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of the United Kingdom. The impact of currency fluctuations between any foreign currency to the index currency is reduced by selling foreign currency forwards at the one-month Forward rate. The index represents companies within this country that are available to investors worldwide