CSIF(IE)MSCI USA Blue UE B USD

ETF-Strategie zu CSIF(IE)MSCI USA Blue UE B USD

The Fund’s investment objective is to track the return of the MSCI USA Index (the 'Reference Index') minus the fees and expenses of the Fund. The Fund is passively managed aiming to replicate the performance of the Reference Index. The Reference Index is a free float-adjusted, market capitalisation weighted index designed to measure equity market performance in the US pursuant to the rules applicable to the ReferenceIndex. The portfolio and the performance of the Fund can deviate from the Reference Index. Under normal market conditions, it is expected that the anticipated level of tracking error will be less than 0.25%. To achieve its objective, the Fund seeks to invest all or substantially all of its net proceeds of shares issued in a representative selection of US equities and equity-related securities which relate to the components of the Reference Index. Investment selection is not guided by growth or value but rather the investment objective of the Fund of tracking the return of the Reference Index. The Fund may also temporarily invest in Equities and Equity-Related Securities and rights of companies which are not contained in the Reference Index. The maximum investment is 5% of the Net Asset Value ('NAV').