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The investment objective of the Fund is to replicate, before fees and expenses, the price and yield performance of the S&P Global Mining Reduced Coal Index. The Index comprises stocks, American depositary receipts, global depositary receipts and China A shares issued by mining and metals companies whose predominant economic activity is the production of base metals and industrial materials such as iron ore and coal, as well as companies primarily engaged in gold or other precious metal mining. The Fund invests directly in the underlying securities of the Index and may use optimized sampling where full replication is not practicable. The Fund may also invest in financial derivative instruments related to the Index or its constituents.

The investment objective of the Fund is to replicate, before fees and expenses, the price and yield performance of the S&P Global Mining Reduced Coal Index. The Index comprises stocks, American depositary receipts, global depositary receipts and China H shares issued by mining and metals companies whose predominant economic activity is the production of base metals and industrial materials such as iron ore and coal. It may also include stocks of companies whose predominant economic activity is gold or other precious-metal mining, but the Fund does not hold physical gold or metal. The Fund invests directly in the underlying securities that make up the Index and may use optimized sampling where full replication is not practical. It may also invest in financial derivative instruments, including futures, swaps, forwards and non-deliverable forwards, that relate to the Index or its constituents.