Synopsis of European Equity Index Fund

  • Aggressive investment approach
  • Predominantly invests in large cap and mid cap shares
  • Market universe is European Union member states
  • Invest for long-term capital growth
  • Euro currency denominated
  • Dividends reinvested in the fund
  • Daily valuation

Investment objective
European Equity Index Fund attempts to provide investment results that correspond to the performance of the Morgan Stanley Capital International (MSCI) EMU Index. The MSCI Europe Index is a diversified, capitalisation- weighted benchmark consisting of common stocks of companies located inAustria, Belgium,Finland, France,
Germany, Greece, Ireland, Italy, Netherlands,Portugal and Spain.

Investor profile
European Equity Index Fund is designed to provide investors with a
low-cost, passive approach to earning the returns of European common

Investment manager
European Equity Index Fund is managed by State Street Global Advisors, the world’s largest index asset manager.

Investment strategy
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.

European Equity Index Fund’s base currency is in Euros.

MSCI EMU ex UNGC and CW Index with dividends reinvested.

Maximum charges associated with the European 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

Index tracking products now account for approximately 40% of the world's equity and bond assets under management.


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