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In addition, the following risks are particularly","page_number":4,"box":{"x":83,"y":477,"width":398,"height":10}},{"id":"9c813a70-aa63-4cb5-8af7-79e4bf8be67e","block_type":"box","text":"relevant for the Fund.","page_number":4,"box":{"x":83,"y":491,"width":141,"height":8}},{"id":"d97a006c-729a-46dd-bb72-9b463432ff04","block_type":"box","text":"Index Tracking Risk:","page_number":4,"box":{"x":83,"y":515,"width":145,"height":10}},{"id":"03862be1-f358-42cf-98e9-c6ff3e12c6be","block_type":"box","text":"The Fund’s return may not match the","page_number":4,"box":{"x":234,"y":515,"width":247,"height":10}},{"id":"20530c1d-add0-4e18-a024-b6198e0e6ea5","block_type":"box","text":"return of the Index. It is currently anticipated that the Fund","page_number":4,"box":{"x":83,"y":529,"width":397,"height":10}},{"id":"9ea4b6fe-89b1-4895-a27a-0b045ee2ec1a","block_type":"box","text":"will track the Index with a potential variation of up to 1%","page_number":4,"box":{"x":82,"y":543,"width":399,"height":10}},{"id":"a18aa2bf-7fa5-475a-a6a7-493b164b5a7d","block_type":"box","text":"annually under normal market conditions. The Fund’s ability","page_number":4,"box":{"x":82,"y":558,"width":399,"height":10}},{"id":"dcf598f0-ffab-41ca-b6bb-9a7c03debec7","block_type":"box","text":"to track the Index will be affected by Fund expenses, the","page_number":4,"box":{"x":82,"y":572,"width":399,"height":10}},{"id":"207e14e0-4631-45f6-bb5b-c6a1892662cf","block_type":"box","text":"amount of cash and cash equivalents held in its portfolio, and","page_number":4,"box":{"x":82,"y":586,"width":398,"height":10}},{"id":"8747b840-e82f-4455-b2d8-09e1c3f44c00","block_type":"box","text":"the frequency and the timing of purchases and sales of","page_number":4,"box":{"x":82,"y":600,"width":399,"height":10}},{"id":"a3191195-bd32-4b59-ada6-5d983fa658a7","block_type":"box","text":"interests in the Fund. The Investment Manager and/or Sub","page_number":4,"box":{"x":83,"y":614,"width":398,"height":11}},{"id":"90271bae-a3ef-4b52-a9e6-4f09270df2f2","block_type":"box","text":"Investment Manager may attempt to replicate the Index","page_number":4,"box":{"x":83,"y":629,"width":398,"height":10}},{"id":"482c3fee-c9d3-4b27-bc86-23e7cdf53e4c","block_type":"box","text":"return by investing in a sub-set of the securities in the Index,","page_number":4,"box":{"x":83,"y":643,"width":397,"height":10}},{"id":"53f861f6-b4fb-400d-af0f-ee78a7987008","block_type":"box","text":"or in some securities not included in the Index, potentially","page_number":4,"box":{"x":82,"y":657,"width":399,"height":10}},{"id":"97d95bd8-2569-48b1-b890-8dbe2b88cc63","block_type":"box","text":"increasing the risk of divergence between the Fund’s return","page_number":4,"box":{"x":83,"y":672,"width":397,"height":10}},{"id":"5b5774ae-c7d0-4b90-a6b0-e29b9a2a8207","block_type":"box","text":"and that of the Index.","page_number":4,"box":{"x":82,"y":686,"width":141,"height":8}},{"id":"9236ff0b-f6f7-4133-8384-a9ec068d9191","block_type":"box","text":"Liquidity Risk & ETF Liquidity Risk","page_number":4,"box":{"x":83,"y":709,"width":270,"height":11}},{"id":"628993bd-6ee3-4f74-9c82-57329e7d1839","block_type":"box","text":": Lack of a ready","page_number":4,"box":{"x":354,"y":709,"width":127,"height":11}},{"id":"0e656242-dafd-461a-bf73-e551387bfeb1","block_type":"box","text":"market or restrictions on resale may limit the ability of the","page_number":4,"box":{"x":83,"y":724,"width":398,"height":10}},{"id":"987a7f5d-c1a7-45b3-a1b0-5a82f1796e18","block_type":"box","text":"Fund to sell a security at an advantageous time or price or","page_number":4,"box":{"x":83,"y":738,"width":398,"height":10}},{"id":"8101b0fc-b10b-444c-bbab-f7eac4bcf036","block_type":"box","text":"at all. Illiquid securities may trade at a discount from","page_number":4,"box":{"x":82,"y":752,"width":398,"height":10}},{"id":"be81933c-d4e0-4606-acb4-119ecdfcb6a2","block_type":"box","text":"comparable, more liquid investments and may be subject to","page_number":4,"box":{"x":82,"y":767,"width":399,"height":10}},{"id":"07b73336-a439-497d-98ed-8aa7051245e2","block_type":"box","text":"wide fluctuations in market value. Illiquidity of the Fund’s","page_number":4,"box":{"x":82,"y":781,"width":399,"height":10}},{"id":"17504c56-83bd-4bab-91c1-fc7008d490f1","block_type":"box","text":"holdings may limit the ability of the Fund to obtain cash to","page_number":4,"box":{"x":83,"y":795,"width":398,"height":10}},{"id":"248d790f-7720-4eec-bf87-b5d7ff1d8cfc","block_type":"box","text":"meet redemptions on a timely basis. Where the fund invests","page_number":4,"box":{"x":83,"y":809,"width":398,"height":10}},{"id":"6d322430-272c-485e-8692-3a1525e4f3d5","block_type":"box","text":"in illiquid securities or does not trade in large volumes, the","page_number":4,"box":{"x":83,"y":824,"width":398,"height":10}},{"id":"748fe0e4-b683-4aa4-af7c-ee54fbaa528a","block_type":"box","text":"bid offer spreads of the Fund may widen, the Fund may be","page_number":4,"box":{"x":83,"y":838,"width":398,"height":10}},{"id":"3c97db29-1966-40ff-95c2-e97e4e4e2ee7","block_type":"box","text":"exposed to increased valuation risk and reduced ability to","page_number":4,"box":{"x":82,"y":852,"width":399,"height":10}},{"id":"54cf3f1d-1755-43e5-bf30-5f6290fbc36f","block_type":"box","text":"trade. 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The","page_number":4,"box":{"x":518,"y":230,"width":399,"height":8}},{"id":"3d8fe85c-ee11-40fa-8486-cb8232adda73","block_type":"box","text":"Fund’s use of FDIs involves risks different from, and possibly","page_number":4,"box":{"x":519,"y":245,"width":398,"height":10}},{"id":"bec04bac-fcb4-42be-a45f-ae187c7cf8f6","block_type":"box","text":"greater than, the risks associated with investing directly in","page_number":4,"box":{"x":518,"y":259,"width":398,"height":10}},{"id":"28f2d4cb-b328-49cc-890b-8d8893df6e6e","block_type":"box","text":"securities.","page_number":4,"box":{"x":518,"y":273,"width":66,"height":8}},{"id":"79d498d8-39ab-4fa4-a28b-27c78804c4d1","block_type":"box","text":"Integrating Sustainability Risk:","page_number":4,"box":{"x":518,"y":297,"width":219,"height":10}},{"id":"b697db41-06eb-4879-a89e-781b79cc5736","block_type":"box","text":"Sustainability Risk has not","page_number":4,"box":{"x":743,"y":297,"width":174,"height":10}},{"id":"4ac5b7ec-1e36-4b9f-89e2-2c53036a631f","block_type":"box","text":"been integrated into the Fund’s investment process. 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