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The investment objective of the Fund is to provide exposure to global listed stocks that are developing sophisticated weapons, defensive systems and other solutions for securing borders. The Fund seeks to replicate the net total return performance of the S&P Kensho Global Future Defense Index, less fees, expenses and transaction costs. The Index tracks the performance of global listed stocks from Developed Markets involved in activities including smart borders and critical infrastructure, military applications of cybersecurity, space systems, robotics, remotely operated or unmanned air and sea drones, wearable technologies, and virtual or augmented reality. Eligible stocks are classified as either Core or Non-Core based on the significance of their business operations and/or revenues related to the theme, with an overweight applied to the Core group. Stocks within each group are equally weighted, subject to diversification and liquidity constraints, and the Index is rebalanced quarterly.

The investment objective of the Fund is to provide exposure to global listed stocks that are developing sophisticated weapons, defensive systems and other solutions for securing borders. The Fund seeks to replicate the net total return performance of the S&P Kensho Global Future Defense Index, less fees, expenses and transaction costs. The Index tracks global listed stocks from Developed Markets that are focused on sophisticated weaponry and defensive systems, as well as solutions including smart borders and critical infrastructure, cyber security, space systems, robotics, remotely operated or unmanned air and sea drones, wearable technologies, and virtual or augmented reality. Companies are classified into Core and Non-Core groups, with an overweight applied to Core stocks, and are equally weighted within each group subject to diversification and liquidity constraints. The Index is rebalanced quarterly.