The Fund is passively managed and seeks to track performance of the MSCI ACWI Climate Paris Aligned Index (the Index). The Index is an equity index denominated in USD and includes large and mid-cap stocks worldwide across both developed markets and emerging market countries. The Index is designed support investors seeking to reduce their exposure to transition and physical climate risks and who wish to pursue opportunities arising from the transition to a lower-carbon economy while aligning with the Paris Agreement requirements.