The objective of the Fund is to deliver the net total returns of a selection of listed equities, primarily from developed markets, with a view to contributing to the reduction of biodiversity impact in the agricultural and food sectors. The Fund is an actively-managed UCITS ETF and its composition is not constrained by any index. The Funds investment universe consists mainly of equity securities primarily from developed markets and are relevant to the agriculture and food sectors. The Management Company assesseslarge, mid-cap and small cap equities of the investment universe based on financial data, ESG data, and more specifically biodiversity data.