X FTSE MIB ETF 1D - XMIB

The aim is for the investment to reflect the performance of the FTSE MIB Index (Index) which is itself designed to reflect the performance of shares of 40 companies listed on the Italian stock exchange. The companies are selected from across industry sectors to represent the balance of industries on the stock exchange. Within the industry sectors, the companies are selected on the basis that they have the largest combined value of readily available shares as compared to other companies on the stock exchange. A company’s weighting in the Index depends on its relative size. Companies are also selected based on their financial viability and the volume of trading in their shares. The Index is calculated on a total return net basis which means that all dividends and distributions by the companies are reinvested in the shares after tax. The composition of the Index is reviewed every six months.