The Fund is an index tracking fund (also known as a passively managed fund).The objective of the Fund is to track the performance of companies in the consumer staples sector, across developed markets globally. The Fund seeks to track the performance of the MSCI World Consumer Staples 35/20 Capped Index as closely as possible. The Fund invests primarily in securities included in the Index. These securities include equity securities issued by companies globally, which have been classified as falling within the consumer staples sector, in line with the GICS. The Fund will use a replication strategy to create a near mirror-image of the Index.