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The investment objective of the Fund is to track the performance of the FTSE Emerging Index, less fees and expenses. The Index is comprised of large- and mid-sized stocks in emerging markets. The Fund employs a passive management approach through physical acquisition of securities, investing in the constituents of the Index, or using a sampling process where full replication is not practicable. The Fund may use derivatives to reduce risk or cost and/or generate additional income or growth, and may engage in short-term secured lending of its investments. The Fund’s base currency is USD, and it invests in securities denominated in currencies other than USD, meaning that currency movements may affect returns. Income from the ETF Shares is reinvested and reflected in the share price.

The Fund employs a passive management approach, through physical acquisition of securities, and seeks to track the performance of the FTSE Emerging Index. The Index is comprised of large- and mid-sized stocks in emerging markets. The Fund seeks to track the Index by investing in all the constituents of the Index, making the weight of such investments approximate the Index. Where full replication is not practicable, the Fund will use a sampling process. The Fund may use derivatives to reduce risk or cost and/or generate extra income or growth. Income from the ETF Shares will be reinvested and reflected in the price of shares in the ETF. The Fund's base currency is USD.