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The fund is a feeder fund and as such it invests in the iShares Core MSCI World UCITS ETF. This underlying fund tracks the MSCI World Index and aims to replicate the performance of the index. The MSCI World Index captures large and mid-cap representation across 23 developed markets countries. With over 1600 constituents, the Index covers approximately 85% of the free float - adjusted market capitalisation in each country. The Index is rebalanced quarterly.
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