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Arion Bank

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SSN: 581008 - 0150

Swift: ESJAISRE

LEI: RIL4VBPDB0M7Z3KXSF19

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  7. SSGA - World Screened Equity Index Fund

World Screened Equity In­dex Fund

Performance

Past performance is not a reliable indicator of future performance.

Performance

1 Y
​
Nominal rate of return

Source: Bloomberg

Key benefits of the fund

With a single investment, you can:

  • Invest in large and mid-sized companies across developed markets worldwide

  • Spread your risk across a wide range of companies, sectors, and contries

  • Invest in responsible companies that meet ESG standards

What index does the fund track?

The fund tracks the MSCI World Screened Choice Index.

The index measures the performance of large- and mid-sized companies in developed markets worldwide.

When you invest in the fund, you gain indirect exposure to all the companies included in the index.

What are ESG standards?

ESG stands for environmental, social and governance standards.

These criteria help identify companies that operate in line with these standards and demonstrate a commitment to responsible business practices.

The fund invests exclusively in companies that meet these criteria.

Why is the recommended investment period five years?

The fund's value can fluctuate over shorter periods. For this reason, we recommend a minimum investment period of five years.

This fund is designed for long-term investing.

Investment policy

The fund seeks to track the performance of the MSCI World Screened Choice Index as closely as possible, whether the index rises or falls. The index measures the performance of large and mid-cap companies operating in developed markets worldwide. The index excludes companies that do not meet ESG (environmental, social and governance) criteria. The fund is suitable for investors who want to invest in responsible companies in stable countries worldwide and can tolerate some fluctuations in returns. The recommended minimum investment period is five years.

Files

Key information document

Dis­claimer

Investments in financial instruments always involve financial risk, including the risk that no return will be generated or that the principal invested may be lost. Past performance is not a reliable indicator of future results. Please note that the risk associated with an investment increases if it is financed through borrowing, and returns may increase or decrease due to fluctuations in performance.

Investment in international funds may also entail currency risk. The value of an investment and its return may therefore increase or decrease as a result of changes in the exchange rates of the currencies in which the relevant fund is denominated or settled against the Icelandic króna. When investing in international funds, investors may also engage in foreign exchange transactions that are subject to costs and exchange rate fluctuations.

All investors are encouraged to conduct their own investigations and analyses, including reviewing relevant disclosure documents and independently assessing such documents before making any investment decision. More detailed information about a fund, including information on risks and whether the fund is classified as a UCITS fund or an alternative investment fund marketed towards the public, can be found in the prospectus, key information document and other relevant materials. Such documents are generally available from the fund’s management company, issuer or distributor.

The tax treatment of investments depends on the circumstances of each individual investor and may change in the future. Investors are therefore encouraged to familiarize themselves with the tax implications of their investments and, where appropriate, seek professional advice.

The information provided herein is for informational purposes only and should not be construed as an offer or as personalized investment advice regarding the purchase, sale or other disposition of financial instruments. The information is based on sources believed to be reliable. However, no representation or warranty is made as to its accuracy. No responsibility is accepted for any decisions or transactions undertaken on the basis of the information provided herein.

Who is this fund suit­able for?

The fund tracks an index made up of large and medium-sized companies in developed markets worldwide. It invests only in companies that meet responsible investment criteria.

The fund suits investors who want to invest in responsible businesses and are comfortable with some fluctuations in returns. The recommended minimum investment period is five years.

Risk in­dic­ator
A fund's risk indicator reflects its overall level of risk. A higher value indicates greater risk, which may lead to higher returns or losses. The risk is based on fluctuations in the value of the underlying assets.
Re­com­men­ded hold­ing period
The recommended holding period is the minimum period investors are advised to hold the fund, taking into account its investment strategy and fluctuations in returns.