The fund seeks to track the performance of the FTSE Developed Europe All Cap Index which focuses on issuers of any cap that are economically-tied to the developed European market. The fund is market-cap-weighted and holds the constituents securities in the same ratio as they are seen in the index - which is derived from the FTSE Global Equity Index Series, the index universe. It is designed for investors seeking long-term capital growth from a diversified portfolio delivering efficient exposure to the potential of European firms located in developed markets. Additionally, the index is reviewed semi-annually in March and September.