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 (the Index) as closely as possible. 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 (GICS). The Fund will use a replication strategy to create a near mirror-image of the Index.