The Fund is an index tracking fund (also known as a passively managed fund).The investment objective of the Fund is to track the performance of large sized U.S. communication services companies in the S&P 500 Index. The Fund seeks to track the performance of the S&P Communication Services Select Sector Daily Capped 35/20 Index (the Index) as closely as possible. Securities include equity securities issued by large sized U.S. communication services companies, which are included in the S&P 500 Index and have been classified as falling within the Communication Services sector in line with the Global Industry Classification Standard (GICS).