The investment seeks to track the investment results of a broad-based index composed of Austrian equities.
The fund seeks to track the investment results of the MSCI Austria Investable Market Index (IMI) 25/50 (the "underlying index"), which consists of stocks traded primarily on the Vienna Stock Exchange. BFA uses a "passive" or indexing approach to try to achieve the fund's investment objective. It generally invests at least 90% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The fund is non-diversified.
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