The Fund uses an active investment management strategy to achieve the Funds investment objective. The Fund will invest, under normal circumstances, primarily in global equity securities of companies that are engaged in the Funds investment theme of Space and Defence Innovation. The Investment Manager defines Space and Defence Innovation as companies that lead, enable, or benefit from disruptive, technology-enabled products and/or services spanning both the space and defence industries. This Fund is actively managed and refers to the MSCI World Total Return Net Index for performance comparison purposes only.