The objective of the Fund is to track the performance of large sized U.S. consumer discretionary companies in the S&P 500 Index. The Fund seeks to track the performance of the S&P Consumer Discretionary Select Sector Daily Capped 35/20 Index as closely as possible. The Fund invests primarily in securities included in the Index. These securities include equity securities issued by large sized U.S. consumer discretionary companies, which are included in the S&P 500 Index and have been classified as falling within the Consumer Discretionary sector in line with the Global Industry Classification Standard. The Fund will use a replication strategy to create a near mirror-image of the Index.