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In addition, the following risks are particularly","page_number":4,"box":{"x":83,"y":537,"width":398,"height":10}},{"id":"0d653ea9-e76c-42fb-b930-a7ec8523bf77","block_type":"box","text":"relevant for the Fund.","page_number":4,"box":{"x":83,"y":551,"width":142,"height":8}},{"id":"eb30cd80-eaef-4cf5-acb2-23596c3ad1db","block_type":"box","text":"Index Tracking Risk:","page_number":4,"box":{"x":83,"y":575,"width":146,"height":10}},{"id":"5d19e40c-613e-459a-9dab-e40d10b675c2","block_type":"box","text":"The Fund’s return may not match the","page_number":4,"box":{"x":234,"y":575,"width":247,"height":10}},{"id":"a5a57294-6cd2-4b89-ae0d-5f9263c24942","block_type":"box","text":"return of the Index. It is currently anticipated that the Fund","page_number":4,"box":{"x":83,"y":589,"width":398,"height":10}},{"id":"7a5af5ca-5128-4c63-adde-50ef5830d041","block_type":"box","text":"will track the Index with a potential variation of up to 1%","page_number":4,"box":{"x":82,"y":603,"width":399,"height":10}},{"id":"3b0cdab1-aa1a-4bfb-8b5c-2a5f772a5923","block_type":"box","text":"annually under normal market conditions. The Fund’s ability","page_number":4,"box":{"x":82,"y":618,"width":399,"height":10}},{"id":"102db765-1ed3-48f8-a6e7-ccb7da98ad37","block_type":"box","text":"to track the Index will be affected by Fund expenses, the","page_number":4,"box":{"x":82,"y":632,"width":399,"height":10}},{"id":"2a464709-800d-4422-b092-801f2dbdccd6","block_type":"box","text":"amount of cash and cash equivalents held in its portfolio, and","page_number":4,"box":{"x":82,"y":646,"width":398,"height":10}},{"id":"84a83bb0-bf8a-4033-9b0f-1b201b31d7a8","block_type":"box","text":"the frequency and the timing of purchases and sales of","page_number":4,"box":{"x":82,"y":660,"width":399,"height":10}},{"id":"56538c01-67f0-4e01-906f-8597468322da","block_type":"box","text":"interests in the Fund. The Investment Manager and/or Sub","page_number":4,"box":{"x":83,"y":674,"width":398,"height":11}},{"id":"a7cdf66f-a718-4e2f-957d-03c334cf5a21","block_type":"box","text":"Investment Manager may attempt to replicate the Index","page_number":4,"box":{"x":83,"y":689,"width":398,"height":10}},{"id":"33bcc3a0-a39f-479c-a03e-029f64fee822","block_type":"box","text":"return by investing in a sub-set of the securities in the Index,","page_number":4,"box":{"x":83,"y":703,"width":397,"height":10}},{"id":"c47b186f-85e7-4e57-9752-198cf9bb7738","block_type":"box","text":"or in some securities not included in the Index, potentially","page_number":4,"box":{"x":82,"y":717,"width":399,"height":10}},{"id":"0d0d4e14-738b-4b5b-8992-5d82fab0574c","block_type":"box","text":"increasing the risk of divergence between the Fund’s return","page_number":4,"box":{"x":83,"y":731,"width":397,"height":11}},{"id":"b237831c-6d4b-4f4d-92a1-6333707dfee3","block_type":"box","text":"and that of the Index.","page_number":4,"box":{"x":82,"y":746,"width":141,"height":8}},{"id":"a1e2cbab-526c-471d-8993-1c34ae753411","block_type":"box","text":"Liquidity Risk & ETF Liquidity Risk","page_number":4,"box":{"x":83,"y":769,"width":270,"height":10}},{"id":"1b36a17f-c73b-4955-a7ff-604b0cd1dd49","block_type":"box","text":": Lack of a ready","page_number":4,"box":{"x":354,"y":769,"width":127,"height":10}},{"id":"6f2e2a71-4797-45d2-8865-1e1647b2b093","block_type":"box","text":"market or restrictions on resale may limit the ability of the","page_number":4,"box":{"x":83,"y":784,"width":398,"height":10}},{"id":"cb9308a6-0494-4fb2-b5f3-f8253c0c5a31","block_type":"box","text":"Fund to sell a security at an advantageous time or price or","page_number":4,"box":{"x":83,"y":798,"width":398,"height":10}},{"id":"f2cf333e-8953-4760-937c-aad01059ad61","block_type":"box","text":"at all. Illiquid securities may trade at a discount from","page_number":4,"box":{"x":82,"y":812,"width":398,"height":10}},{"id":"c507e58b-8b5b-48c8-ad97-a0b23787b3e5","block_type":"box","text":"comparable, more liquid investments and may be subject to","page_number":4,"box":{"x":83,"y":826,"width":398,"height":10}},{"id":"04d85923-f7f7-44e8-bcc6-f992f30fa9e9","block_type":"box","text":"wide fluctuations in market value. Illiquidity of the Fund’s","page_number":4,"box":{"x":82,"y":841,"width":399,"height":10}},{"id":"1a035152-1430-46e7-85da-b702c49e22aa","block_type":"box","text":"holdings may limit the ability of the Fund to obtain cash to","page_number":4,"box":{"x":83,"y":855,"width":398,"height":10}},{"id":"10dcbae9-4bdc-4799-b0d9-59b82e2c07fc","block_type":"box","text":"meet redemptions on a timely basis. Where the fund invests","page_number":4,"box":{"x":83,"y":869,"width":398,"height":10}},{"id":"77b2d344-0bfa-4e6b-9cda-85db57ccfa93","block_type":"box","text":"in illiquid securities or does not trade in large volumes, the","page_number":4,"box":{"x":83,"y":883,"width":398,"height":10}},{"id":"e425bb4c-d8ff-4b74-a1d1-1b1843a6e231","block_type":"box","text":"bid offer spreads of the Fund may widen, the Fund may be","page_number":4,"box":{"x":83,"y":898,"width":398,"height":10}},{"id":"1289b0c6-7d6b-4026-933d-93760444b0c7","block_type":"box","text":"exposed to increased valuation risk and reduced ability to","page_number":4,"box":{"x":83,"y":912,"width":398,"height":10}},{"id":"5e0599b7-8437-4ff8-9e77-1877e581ea2e","block_type":"box","text":"trade. 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This concentration may also limit","page_number":4,"box":{"x":518,"y":205,"width":398,"height":10}},{"id":"f66fd527-f5f2-416f-8421-150f42446f35","block_type":"box","text":"the liquidity of the Fund. 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The","page_number":4,"box":{"x":518,"y":314,"width":398,"height":8}},{"id":"1b8c9b87-872d-425a-a6cf-9e3b54bbd89c","block_type":"box","text":"Fund’s use of FDIs involves risks different from, and possibly","page_number":4,"box":{"x":519,"y":328,"width":398,"height":10}},{"id":"2a9b7692-0254-402c-bf08-51f8c09102a9","block_type":"box","text":"greater than, the risks associated with investing directly in","page_number":4,"box":{"x":518,"y":343,"width":398,"height":10}},{"id":"0ed9a78c-e976-43a7-a479-48b50b1184cf","block_type":"box","text":"securities.","page_number":4,"box":{"x":518,"y":357,"width":66,"height":8}},{"id":"76a17e12-5f61-47e1-8c17-41f217e04504","block_type":"box","text":"Integrating Sustainability Risk:","page_number":4,"box":{"x":518,"y":380,"width":219,"height":10}},{"id":"e6056d21-d869-4701-8abd-6f4be1c6723a","block_type":"box","text":"Sustainability Risk has not","page_number":4,"box":{"x":743,"y":380,"width":173,"height":10}},{"id":"baa9fa06-37db-438a-b129-0bd8fbf4114d","block_type":"box","text":"been integrated into the Fund’s investment process. 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