Anlageziel iShares S&P Mid Cap 400 Swap UCITS ETF USD Acc
The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the S&P MidCap 400. Investment Policy In order to achieve this investment objective, the investment policy of the Fund is to invest in FDI, in particular unfunded total return swaps, which will seek to deliver a return which reflects the performance of the S&P MidCap 400, the Fund’s Benchmark Index. When using unfunded total return swaps, the Fund will invest its cash in global developed market equity securities (the “Substitute Basket”) and will pay the return of the Substitute Basket to the counterparties under the swaps, which will enable the Fund to deliver exposure to the Benchmark Index.