The Fund is passively managed. The investment objective of the Fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the Mirae Asset U.S. Electrification UCITS Index (the Index). The Index is designed to provide exposure to U.S. exchange-listedcompanies involved in electrification. This includes companies involved in conventional electricity generation and distribution; alternative electricity generation and/or technology; and the modernization, development, manufacturing, and/or implementation of grid infrastructure and smart grid technologies.