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The investment objective of the Fund is to reflect the performance, before fees and expenses, of the MSCI World Financials Total Return Net Index. The Index is designed to reflect the performance of listed stocks of certain companies from various Developed Markets that are classified in the financials sector. The Fund seeks to replicate the Index by investing in all or a substantial number of the securities in the Index. The Index is calculated on a total return net basis, meaning that dividends and distributions are reinvested after the deduction of withholding tax. The Index is reviewed and rebalanced at least quarterly.

The investment objective of the Fund is to reflect the performance, before fees and expenses, of the MSCI World Financials Total Return Net Index. The Index is designed to reflect the performance of the listed stocks of companies from various Developed Markets that operate in the financials sector. A company’s weighting in the Index depends on its relative size, based on the combined value of its readily available shares compared with other companies. The Index is calculated on a total return net basis, meaning that dividends and distributions are reinvested after withholding tax. The Fund is passively managed and seeks to replicate the Index by investing in all or a substantial number of the securities in the Index. The Fund may also use derivatives and other techniques to manage risk, reduce costs and improve results.