The fund aims to achieve long-term capital growth by primarily gaining exposure to the MSCI Emerging Markets ESG Leaders Index, a free floatadjusted market capitalisation weighted index designed to measure the equity market performance of companies with high environmental, social and governance (ESG) performance relative to their sector peers across emerging markets worldwide.
This fund suits investors with a longer-term investment horizon who primarily seek capital growth through exposure to the emerging market equities that make up the MSCI Emerging Markets ESG Leaders Index. These investors can tolerate stock market and currency volatility.
Apart from assets in liquid form and exchange rate swaps, the fund only holds participatory interests in the Old Mutual MSCI Emerging Markets ESG Index Fund, a sub-fund of the Russell Investment Company Plc, which aims to replicate the performance of the MSCI Emerging Markets ESG Leaders Index. Derivatives may be used for efficient portfolio management purposes.