The Fund is passively managed. The investment objective of the Fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the NYSE100 UCITS Index (the Index). The Index is a rules-based, modified float-adjusted market capitalization-weighted equity benchmark designed to track the performance of U.S. listed, actively traded securities of approximately 100 highly-capitalised technology and tech-enabled growth companies across multiple sectors.