The fund is passively managed. Its aim is to reflect the performance, before fees and expenses, of the MSCI World Communication Services 20/35 Custom Index (index) which is designed to reflect the performance of the listed shares of certain companies from various developed countries. The shares are issued by companies in the Communication Services sector. A companys weighting in the index depends on its relative size based on the combined value of a companys readily available shares as compared to other companies.