State Street World Small Cap Enhanced Active Eq. UCITS ETF Acc

Objectives Investment objective The objective of the Fund is to provide a return in excess of the performance of small cap equities in developed markets globally. The Fund is an actively managed fund. Investment policies The investment policy of the fund is to outperform the MSCI World Small Cap Index (the "Index") over the medium to long term. As such the performance of the Fund will be measured against the Index. The fund will seek to achieve the objective by using a proprietary active investment strategy. This strategy will apply a quantitative multi-factor stock selection model (an "alpha model") to evaluate the attractiveness of stocks. The alpha model is based on a generation of expected return forecasts for stocks based on a number of factors including quality, value, sentiment and catalyst themes along with expectations of sector and country returns and a dynamic component based on both bottom up and top down, macroeconomic inputs. In line with the Fund's promotion of environmental or social characteristics in accordance with SFDR Article 8 the investment policy will also involve screening out securities based on non-compliance with UNGC Principles (relating to environmental protection, human rights, labour standards, anti-corruption), association with Severe ESG Controversies, controversial weapons, civilian firearms, thermal coal, arctic oil & gas exploration, and oil sands extraction and tobacco. The Index measures the performance of smaller companies from across developed markets globally. Securities in the Fund are weighted by market capitalization and are selected primarily from the constituents of the Index, however the Investment Manager may consider ESG criteria in its investment process. The Fund's return will typically differ from and may under-perform, the return of the Index. The Fund promotes environmental or social characteristics in accordance with SFDR Article 8. These environmental and social characteristics are detailed in the SFDR Annex o

Gestione attiva

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No