The Fund seeks to replicate, as closely as possible, whether the trend is rising or falling, the performance of the MSCI USA Short Daily strategy Index (the Index), while minimizing the volatility of the difference between the return of the Sub-Fund and the return of the Benchmark Index (the Tracking Error). The MSCI USA Index is designed to measure the performance of the large and mid-cap segments of the US market. It covers approximately 85% of the adjusted free market capitalization in the United States.