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The investment objective of the Fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the Mirae Asset Defence Tech Index. The Fund is passively managed and aims to replicate the performance of the Index by investing primarily in a portfolio of equity securities that, as far as possible and practicable, comprise the component securities of the Index in similar proportions to their weightings in the Index, as well as in American depositary receipts (ADRs) and global depositary receipts (GDRs) based on securities in the Index. The Index aims to provide exposure to defence technology companies in developed and emerging markets, excluding China A-Shares and B-Shares, India, Kuwait, Pakistan, Russia and Saudi Arabia, that are positioned to benefit from technology, services, systems and hardware serving the defence and military sector.

The investment objective of the Fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the Mirae Asset Defence Tech Index. The Fund is passively managed and seeks to replicate the performance of the Index by investing primarily in a portfolio of stocks and, where practicable, depositary receipts based on the stocks included in the Index, in similar proportions to their index weightings. The Index provides exposure to defence technology stocks in Developed and Emerging Markets, excluding China A-Shares and B-Shares, India, Kuwait, Pakistan, Russia and Saudi Arabia, that are positioned to benefit from technology, services, systems and hardware serving the defence and military sector.