This Sub-Fund is passively managed. The objective of this Sub-Fund is to track the performance of S&P US Dividend 100 (the Index) and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The Sub-Fund aims to achieve a level of tracking error of the Sub-Fund and its index that will not normally exceed 1%. The Index is an equity index that measures the performance of approx 100 companies with a high dividend yield, based in the US.