The Fund seeks to provide investors with a return, made up of capital growth and income, which reflects the return of the MSCI World Momentum ESG Reduced Carbon Target Select Index. The Index aims to reflect the performance of a sub-set of equity securities within the MSCI World Index (Parent Index) with targeted exposure to the momentum factor, subject to certain optimisation constraints, including carbon reduction and environmental, social and governance (ESG) score improvement relative to the Parent Index.