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The investment objective of the Fund is to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the MSCI World Health Care Advanced Select 20 35 Capped Index, the Fund’s benchmark index. The Fund is passively managed and invests, so far as possible and practicable, in the stocks that make up the Index. The Index measures the performance of stocks included in the MSCI World Health Care Index and applies environmental, social and governance (ESG) exclusions and an optimisation process designed to reduce carbon emissions intensity and exposure to potential emissions risk from fossil fuel reserves, increase the ESG score and minimise tracking error relative to the Parent Index. The Parent Index measures the performance of large- and mid-cap stocks across Developed Market countries within the Global Industry Classification Standard health care sector, including health care equipment and supplies, health care services, and health care facilities and organisations. The Index applies a 20% maximum weight to individual stocks and a 35% maximum weight to individual countries. The Fund may use financial derivative instruments and may engage in securities lending. Income is accumulated in the value of the shares.

The Fund aims to achieve a total return on your investment, through a combination of capital growth and income on the Fund's assets, which reflects the return of the MSCI World Health Care Advanced Select 20 35 Capped Index. within the Global Industry Classification Standard (GICS) health care sector. The GICS health care sector includes companies involved in: health care equipment and supplies, provision of health care related services, including distribution of health care products, provision of basic health-care services, as well as owners and operators of health care facilities and organisations.