Satrix MSCI World Feeder ETF STXWDM Strategy
Strategy
The objective of the Satrix MSCI World Feeder Portfolio is to provide an investment vehicle for investors wishing to track the movement of the MSCI World Index by investing in the iShares Core MSCI World UCITS ETF securities.The portfolio will apart from assets in liquid form, and financial instruments for the exclusive purpose of hedging exchange rate risks, invest in participatory interests of the iShares Core MSCI World UCITS ETF (the ”Fund”) established under the iShares III Public Ltd Company approved by the Central Bank of Ireland in August 2011.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
STXWDM | Satrix MSCI World Feeder ETF | ETF | — | ZAR 24.98B | — | Low | — | ZAR 2.41B |