The Fund aims to achieve capital growth over the long term by investing at least 70% of its assets, in equities of companies that are involved in the design, manufacture, or sale of products and services used in connection with the water and waste management. The sector also includes those companies specializing in the treatment of wastewater, sewage, solid, liquid, and chemical waste and any consulting or engineering services in connection with these activities. The Fund invests at least 70% of its assets in securities of issuers with favourable environmental, social and governance (ESG) characteristics and up to 30% in securities of issuers with improving ESG characteristics.