The investment objective of the Fund is to achieve a long-term return in excess of the Benchmark by investing in an actively-managed portfolio of equities of small-capitalisation companies in global developed markets. The Fund is an actively managed ETF. To achieve the investment objective, the Fund will invest primarily in a portfolio of equity and equity-related securities, tracking stocks and depositary receipts of small-capitalisation companies in global developed markets. The Fund will not seek to track the performance of the Benchmark (the MSCI World Small Cap Index).