The objective of the Fund is to track the performance of companies in the energy sector, across developed markets globally. The Fund seeks to track the performance of the MSCI World Energy 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 companies globally, which have been classified as falling within the energy sector in line with the Global Industry Classification Standard (GICS). The Fund will use a replication strategy to create a near mirror-image of the Index.