The Fund's investment objective is to track, before fees and expenses, the price and yield performance of the Morningstar Global Wide Moat Focus Index.In order to seek to achieve its investment objective, the investment policy of the Fund is to use a replication strategy by investing directly in the underlying equity securities that consists of the component securities of the Index. The Index is comprised of securities issued by companies globally that the Index Provider determines have an attractive fair value price ratio and sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors (wide moat companies).