SOURCE MSCI WORLD UCITS ETF (DIST., GBP) MWDD.DE

The Source MSCI World UCITS ETF is an index-tracking equity fund whose aim is to replicate the net total return of the MSCI World Index, less fees. It captures large- and mid-cap companies from developed markets globally, covering approximately 85 % of the free-float adjusted market capitalization in each of those countries, across multiple sectors.

To deliver this exposure, the fund uses a synthetic replication method via swaps rather than by holding every constituent in physical form. The swap-based approach is intended to provide tighter tracking of the benchmark and potentially lower costs.

The ETF is structured as a UCITS fund, issued by a European fund provider, and regulated to meet UCITS standards for investor protection. It is passively managed and its strategy is to mirror all meaningful movements of the MSCI World Index, rather than to seek to outperform it.