The objective of the Sub-Fund is to track the performance of the index MSCI World Momentum Advanced Target Index (the Index). The Index is an equity index based on the MSCI World Index, representative of the large and mid-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 a momentum factor (i.e. well performing stocks tending to perform well in trending markets) while systematically integrating environmental, social and governance (ESG) characteristics.