The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI World SRI Select Reduced Fossil Fuel Index. The Index measures the performance of a sub-set of equity securities (e.g. shares) within four regional indices: the MSCI Pacific Index, the MSCI Europe & Middle East Index, the MSCI Canada Index, and the MSCI USA Index (Regional Indices) which are issued by global companies with higher environmental, social and governance (ESG) ratings than other sector peers within the relevant Regional Indices.