First Plus Global Equity FIF-A
An open-ended feeder fund investing mainly in the mutual fund units of a foreign equity fund.
The fund's investment policy is to invest in units of iShares MSCI ACWI ETF (the Master Fund), which is listed for trading on the NASDAQ stock exchange in the United States, averaging not less than 80% of NAV over the fiscal year, with BlackRock Fund Advisors serving as the Investment Adviser, including managing and administering the investments.
The fund will not invest in derivatives for the purpose of foreign exchange rate risk hedging (FX hedging) or for enhancing investment management efficiency (EPM), and will also not invest in Structured Notes.
The fund may invest in other mutual funds under the same asset management company, averaging not more than 20% of NAV over the fiscal year.
The Master Fund's investment objective is to seek investment results that closely correspond to the performance of the MSCI ACWI Index, which is an index composed of large- and mid-capitalization equity securities of developed markets and emerging markets countries.
BlackRock Fund Advisors
None