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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 European Infrastructure Development Index. The Index aims to track the performance of European exchange-listed companies that provide exposure to European infrastructure development, including companies involved in the engineering and design of infrastructure projects, the provision of operation and maintenance services for infrastructure projects, the production and supply of construction composite and raw materials, the manufacture, sale or renting of industrial equipment, the manufacture of clean energy technology, the manufacture and sale of clean energy components, the establishment of data centres, and the development and maintenance of telecommunication infrastructure. The Fund is passively managed and seeks to replicate the performance of the Index by investing primarily in a portfolio of equity securities that, as far as possible and practicable, consists of the component securities of the Index in similar proportions to their weightings in the Index, and in global depositary receipts based on the securities in the Index.

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 European Infrastructure Development Index. The Index tracks European exchange-listed stocks that provide exposure to European infrastructure development, including companies involved in the engineering and design of infrastructure projects, the provision of construction and maintenance services, the production and supply of construction composite and raw materials, the manufacture, sale or renting of industrial equipment, clean energy technology and components, data centres, and the development and maintenance of telecommunication infrastructure. The Fund is passively managed and seeks to replicate the Index by investing primarily in a portfolio of equity securities in similar proportions to their weightings in the Index. Where this is not possible or practicable, the Fund may invest in depositary receipts, including global depositary receipts, and financial derivative instruments such as total return unfunded over-the-counter swaps and exchange-traded equity futures. The Fund may also engage in securities lending and repurchase transactions for efficient portfolio management purposes.