LYXOR MSCI ITALY UCITS ETF - I EUR DIS

The investment objective of ComStage MSCI Italy TRN UCITS ETF is to provide investors with a return that tracks the performance of the MSCI Italy Index (Net Total Return Index). The Index is weighted on the basis of free float-adjusted market capitalisation and tracks the performance of the Italian stock markets based on their total return with reinvested net dividends. The stocks that are contained in the MSCI Italy index come from companies in the mid and large cap segment of the Italian stock market and cover about 85% of this market.The net dividends reinvested in the Index correspond to the respective gross dividends less a fictitious withholding tax. Currently, the maximum withholding tax rate is applied in that regard, which applies to foreign-domiciled investors that do not benefit from a double-taxation treaty.