The Index reflects the performance of a virtual investment managed on the basis of a Strategy. This Strategy is determined by the Index Sponsor and the Index Sponsor is solely responsible for it. The Index Calculation Agent neither advises nor assists the Index Sponsor in connection with the preparation or implementation of the Strategy.
The Strategy of the Index Sponsor aims to select shares and other equities of large and mid-market capitalization companies of the Medical Equipment Sector with a focus on Cardiovascular Devices (and drugs derivatives). When selecting Index constituents the Index Sponsor follows a Growth Strategy and focuses on mainly U.S., European and Japanese companies. The aim of this Strategy is to create a total return portfolio reflected by the Index. The Index comprises about 30 constituents from the Index Universe. These constituents are linked to the Medical Devices and Healthcare Products sector, including drugs used to prevent rejection of a transplant.