The Fund is actively managed and does not track a benchmark. The reference benchmark for the Fund is S&P 500 Index. The Fund usually invests a minimum of 90% of net assets in shares (or securities similar to shares) of companies incorporated in US or those that earn the majority of their revenue from US. The Investment Manager applies quantitative investment process to create a portfolio which focuses on risk premia offered by exposure to factors such as value, quality, momentum, low risk and size.