Fund Description

The fund employs an indexing investment approach aimed at tracking the performance of the FTSE High Dividend Yield Index, which includes common stocks of companies recognized for paying dividends that typically exceed average levels, excluding real estate investment trusts (REITs). It seeks to replicate the target index by investing all, or a significant portion, of its assets in the constituent stocks, maintaining holdings in approximately the same proportions as their weightings in the index. This strategy aligns the fund's performance with that of the index, focusing on high dividend-yielding companies.