The investment objective of the Fund is to deliver the performance of the Reference Index (being the MSCI EM Asia Index Net USD), less the fees and expenses of the Fund. The Reference Index is a free float-adjusted market capitalisation-weighted index intended to reflect the performance of the equity markets in certain emerging market countries in Asia (China, India, Indonesia, Korea, Malaysia, Philippines, Taiwan, and Thailand) by targeting all companies with a market capitalization broadly within the top 85% of their investable equity universe, subject to a global minimum size requirement.