The investment seeks to track the price and yield performance, before fees and expenses, of the FTSE 100 Minimum Variance TR index.
The aim of the index is to deliver the net total return performance of a selection of stocks, from the FTSE 100 that are the most liquid and weighted to minimize the volatility of the total portfolio (optimal weights). As a result, the index reflects the performance of a dynamic selection of the 95 most liquid stocks from the FTSE 100.