The objective of the Fund is to track the performance of certain equity securities issued by companies from within the UK paying high dividends. The Fund seeks to track the performance of the S&P UK High Yield Dividend Aristocrats Index (the Index) as closely as possible. The Fund invests primarily in securities included in the Index. These securities include high yielding UK stocks. Securities must satisfy diversification, stability and trading requirements and are then weighted according to the size of their dividend. The Fund seeks to hold all the securities of the Index with the approximate weightings as in that Index.