The objective of the Sub-Fund is to track the performance of the index MSCI World IMI Value Advanced Target Index (the Index). The Index is an equity index based on the MSCI World IMI Index, representative of the large, mid and small cap stocks across developed markets countries (the Parent Index). The Index is designed to represent the performance of a strategy that seeks to maximize the exposure to the value factor (i.e. stocks considered to be inexpensive relative to others due to their fundamental value) while systematically integrating environmental, social and governance (ESG) characteristics.