The fund aims to track the FTSE All-Share Index.
Investment policy and strategy
Core investment: The fund holds the shares of the majority of the UK companies in the index, matching the index weightings as closely as possible.
Other investments: Generally, less than 5% of the fund is held as cash or assets that can be turned into cash quickly.
Derivatives: The fund may make limited use of derivatives to reduce the risks and costs of managing the fund.
Strategy in brief: The fund is designed to track the performance of the FTSE All-Share Index, which represents a broad spread of UK company shares. The fund typically has around 550 holdings, representing nearly all the companies in the FTSE All-Share Index and matches closely the weight that each stock represents in the index.
Benchmark: FTSE All-Share Index
The index is a constraining benchmark for the fund.
The fund is passively managed and aims to track the return of the index. The fund's holdings are therefore unlikely to significantly deviate from the benchmark's constituents.
For unhedged and hedged Share classes, the benchmark is shown in the Share Class currency.
You can find more information about the objective and investment policy of the fund in the Prospectus.
The fund invests mainly in company shares and is therefore likely to experience larger price fluctuations than funds that invest in bonds and/or cash. The fund is designed to track the FTSE All Share Index.
The fund is designed to track the FTSE All Share Index.
The fund invests mainly in company shares and is therefore likely to experience larger price fluctuations than funds that invest in bonds and/or cash.