The investment objective of the Fund is to provide exposure to companies in Europe, excluding the United Kingdom, that are weighted according to their quality characteristics and pay higher than average dividends. In order to achieve this investment objective, the Fund will seek to track the performance of the FTSE Developed Europe ex UK All Cap ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index (the Index) ) subject to the deduction of the ongoing charges and other costs associated with operating the Fund. The Fund promotes a range of environmental and social characteristics which are met by tracking the Index.