The Fund aims to track the performance of the Solactive Core Developed Markets Pacific ex Japan Large & Mid Cap USD Index NTR, subject to the deduction of the ongoing charges and other costs associated with operating the Fund. The Index is designed to be a benchmark for developed market equities in the Pacific region, excluding Japan, and measures the performance of large and mid-cap publically traded companies from various developed markets in the Pacific region, excluding Japan, which satisfy minimum criteria relating to liquidity and size and excludes companies in the Investment Managers Future World Protection List.