The objective of the Fund is to track the performance of European large and mid-sized companies in the Materials sector. The Fund seeks to track the performance of the MSCI Europe Materials 35/20 Capped Index (the Index) as closely as possible. The Fund invests primarily in securities included in the Index. These securities include equity securities issued by large and mid-sized companies from European countries, classified in the Materials sector as per the Global Industry Classification Standard (GICS).