The Fund is passively managed and seeks to track performance of the MSCI World ex USA Climate Paris Aligned Index (Net Return) (the Index). The Index seek to generate exposure to global companies (excluding USA) with a focus on reduction in carbon emissions considerations defined by the Paris Agreement and specific exclusions of companies involved in controversial weapons, environmental, social and governance (ESG) controversies, tobacco, environmental harm, thermal coal mining, oil & gas related activities and power generation.