The investment policy of the Sub-Fund is to track the performance of the Index as closely as possible, regardless of whether the Index level rises or falls, while seeking to minimise as far as possible the tracking error between the Sub-Funds performance and that of the Index. The Index is S&P World Guarded Index, which is comprised of large and mid-cap stocks across 24 developed markets globally. The Index is designed to measure the performance of the constituents in the Parent Index that meet the sustainability criteria defined for the Index.