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The investment objective of the Fund is to achieve the net total return performance of the S&P Select Sector Capped 20% Health Care Index, less fees, expenses and transaction costs. The Index represents the health care sector of the S&P 500 Index. Its constituents are classified according to the Global Industry Classification Standard (GICS) and maintain the same classification as the parent S&P 500. The Index follows a modified market capitalisation weighting methodology, with constituent weights based on float-adjusted market capitalisation and modified so that no constituent security has a weight exceeding 19% of the Index at each quarterly rebalancing. The Fund uses unfunded swaps to gain exposure to the Index and reinvests income to grow capital.

The investment objective of the Fund is to achieve the net total return performance of the S&P Select Sector Capped 20% Health Care Index, less fees, expenses and transaction costs. The Index represents the health care sector of the S&P 500 Index. Its constituents are classified according to the Global Industry Classification Standard (GICS) and maintain the same classification as the parent S&P 500. The Index follows a modified market capitalisation-weighted methodology, with constituent weights based on float-adjusted market capitalisation and capped so that no constituent security represents more than 19% of the Index at each quarterly rebalancing. The Fund uses unfunded swaps to gain exposure to the Index and reinvests income to grow capital.