The fund is passively managed. Its aim is to reflect the performance, before fees and expenses, of the MSCI USA Consumer Discretionary 20/35 Custom Index (index). The index is based on the MSCI USA Index (Parent Index), which is designed to reflect the performance of large and medium sized companies representing 85% of the readily available shares in the United States of America. The index contains all of the constituents of the Parent Index assigned to the MSCI USA Consumer Discretionary classification.