The objective of this Sub-Fund is to track the performance of MSCI China ESG Selection P-Series 5% Issuer Capped Index, and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. Index is an equity index based on the MSCI China Index representative of large and mid-cap stocks of China equity universe across China A shares, H shares, B shares, Red chips, P chips and foreign listings (e.g. ADRs) and issued by companies that have the highest Environmental, Social and Governance (ESG) rating in each sector of the Parent Index.