The Fund employs a passive management investment approach, through physical acquisition of securities, and seeks to track the performance of the FTSE Emerging All Cap Choice Index. The fund attempts to track the performance of the Index by investing in all constituent securities of the Index in the same proportion as the Index. Where not practicable to fully replicate, the fund will use a sampling process. The Index is a market-capitalisation-weighted index composed of large-, mid-, and small-cap stocks of companies located in emerging markets around the world.