Description
The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the the Russian Depository (or RDX) Price Return Index. The index reflects in real-time the movement of the most actively traded shares and depositary receipts of Russian companies, which are traded on the London Stock Exchange. The purpose of the RDX is to mirror the development of prices of the most liquid blue chip stocks. RDX is a capitalization-weighted price index. The fund invests all or substantially all of the net proceeds of any issue of shares in global equities (including the constituents of the Reference Index (where appropriate)) and equity related securities, FDIs, units of other UCITS and Swaps. It may invest up to 10% of its net assets in units of other UCITS.
