GLOBAL EQUITY INDEX FUND
Global Equity Index Fund attempts to provide investment results that corresponds to the performance of the Morgan Stanley Capital International (MSCI) World Index. The MSCI World Index is a diversified, capitalisation-weighted benchmark consisting of common stocks of companies located in: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States).
Global Equity Index Fund is designed to provide investors with a low-cost, passive approach to earning the returns of common stocks throughout the world. This fund should appeal to financially astute investors looking to diversify their portfolios internationally.
Global Equity Index Fund is managed by State Street Global Advisors, the world’s largest index asset manager.
SSGA typically employs a full replication indexing methodology to purchase the weighted-average securities that compose the index. As a result, the portfolio fully reflects the underlying index and does not assume active sector or security risk exposure. When necessary, SSGA may utilise sampling and optimisation, which may involve the use of derivative instruments.
Global Equity Index Fund’s base currency is U.S. dollars. The fund accepts subscriptions and redemptions in U.S. dollars, euros, and pound sterling.
MSCI World Index
Maximum charges associated with the Global Equity Index Fund are:
- TER (Total Expense Ratio): varies depending on size of investment maximum 0.70%
- Subscription charge: Due to the fund: 0.10%
- Redemption charge: Due to the fund: 0.05%
Please approach your intermediary or contact us directly on:
USA (310) 432-4374 / (310) 801 4974 or
SA +27(0)11 8839862 / +27(0)828964234
Index Funds - Did You Know
One reason index funds perform better is lower annual costs and transaction fees.