The investment objective of the Fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the Mirae Asset Europe Defence Tech Index. The Fund is passively managed. The Index is designed to provide exposure to defence technology(Defence Tech) companies that generate revenue in Europe and that are positioned to benefit from technology, services, systems and hardware that cater to the defence and military sector in either developed and emerging markets excluding China (A-Shares and B-Shares), India, Kuwait, Pakistan, Russia, and Saudi Arabia.