L&G MSCI World Socially Responsible Investment Index I Acc

The objective of the Fund is to track the performance of the MSCI World SRI Index, the "Benchmark Index" on a net total return basis before fees and expenses are applied. Fund performance may differ from the Benchmark Index due to the deduction of fees and expenses and the impact of any tracking error factors.
The Benchmark Index is comprised of shares in the largest global companies across 23 developed stock markets.
The Fund will have exposure (directly or through depositary receipts (a certificate issued by a bank representing shares in a foreign company such as American depositary receipts and global depositary receipts)) to companies with outstanding Environmental, Social and Governance (ESG) ratings and excludes companies who have a negative social or environmental impact.
The Fund replicates as closely as possible the constituents of the Benchmark Index, less those constituents excluded by the ethical screening methodology, by holding all, or substantially all, of the remaining shares in companies in the Benchmark Index in similar proportions to their weightings in the Benchmark Index.
The Fund may also invest in shares in companies which are reasonably expected to become part of the Benchmark Index in the near future or are an alternative to a constituent of the Benchmark Index, money market instruments (such as treasury bills), depositary receipts, cash, deposits and collective investment schemes including those managed or operated by the Manager or an associate of the Manager.