The Fund is a passively managed exchange traded fund (ETF) that aims to track the performance of the J.P. Morgan China Custom Liquid ESG Capped Index (the Index) subject to the deduction of the on-going charges and other costs associated with operating the Fund. The Index is designed to provide an exposure to certain CNYdenominated fixed-rate bullet government bonds and financial policy bonds issued by China Development Bank, Agricultural Development Bank of China, and the Export-Import Bank of China with remaining maturity of at least 13 months at each month end rebalancing.