The Funds investment objective is to track the performance of the STOXX Europe 50 Index, as closely as possible, whether the Index rises or falls. The equities in the STOXX Europe 50 Index are the 50 leading securities of 18 European countries. To track the Index, the UCITS swaps the performance of the assets held by the Fund for that of the Index through a derivative contract or total return swap (a TRS derivative instrument) (swap-based replication of the Index).