About the company

The index, which is sub-index of the MarketVector" Total Global Equity Index, tracks the performance of common stocks (or corresponding ADRs or GDRs of "local" Icelandic companies and"non-local"companies related to the Icelandic economy. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in Icelandic equity securities. The fund is non-diversified.