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Investors should note that the hedged","page_number":4,"box":{"x":82,"y":504,"width":398,"height":10}},{"id":"6806c11e-a06a-431e-b003-a7b469e662b7","block_type":"box","text":"Share Classes (designated as such in this Supplement) will","page_number":4,"box":{"x":82,"y":518,"width":398,"height":10}},{"id":"622ed4bf-329a-4593-ad2a-76f1153d3ed9","block_type":"box","text":"be hedged back to the currency of the relevant Class.","page_number":4,"box":{"x":83,"y":532,"width":397,"height":11}},{"id":"0c933b46-3359-4c03-a231-835b85309f97","block_type":"box","text":"Consequently the hedged Share Classes should more","page_number":4,"box":{"x":82,"y":547,"width":399,"height":10}},{"id":"30782493-3e86-4ee4-9df0-3aad7d3a34ec","block_type":"box","text":"closely track the corresponding currency hedged versions of","page_number":4,"box":{"x":82,"y":561,"width":399,"height":10}},{"id":"3bb3576c-52e8-40af-8ad2-e98a52d405c4","block_type":"box","text":"the Index (“Currency Hedged Index”).","page_number":4,"box":{"x":82,"y":575,"width":249,"height":10}},{"id":"c649e36f-2a90-44e8-b533-7ee8da602388","block_type":"box","text":"The Investment Manager and/or Sub-Investment Manager,","page_number":4,"box":{"x":82,"y":599,"width":398,"height":10}},{"id":"21d19c29-f279-46ce-a7ef-24a7311b809a","block_type":"box","text":"on behalf of the Fund, will invest using the stratified sampling","page_number":4,"box":{"x":82,"y":613,"width":399,"height":10}},{"id":"a04577b7-c868-4d3d-a5fd-888f39149177","block_type":"box","text":"strategy as further described in the \"","page_number":4,"box":{"x":82,"y":628,"width":238,"height":10}},{"id":"a0513773-6c6d-4939-badf-5897f8535839","block_type":"box","text":"Investment Objectives","page_number":4,"box":{"x":322,"y":628,"width":159,"height":10}},{"id":"5abdde69-98af-4eb5-a47b-fb278e65dfb5","block_type":"box","text":"and Policies – Index Tracking Funds","page_number":4,"box":{"x":82,"y":642,"width":285,"height":10}},{"id":"d0e41151-d485-4719-83af-2ee0a94711d7","block_type":"box","text":"\" section of the","page_number":4,"box":{"x":368,"y":642,"width":113,"height":8}},{"id":"a16bb21f-2fd8-4004-8a08-bec4545da87b","block_type":"box","text":"Prospectus, primarily in the securities of the Index, at all","page_number":4,"box":{"x":83,"y":656,"width":397,"height":10}},{"id":"d27fabad-a25c-48c8-a02a-d586542937b6","block_type":"box","text":"times in accordance with the Investment Restrictions set","page_number":4,"box":{"x":82,"y":670,"width":399,"height":8}},{"id":"0d894e02-a98c-4e34-9651-51fa37bc87e2","block_type":"box","text":"forth in the Prospectus. The Investment Manager and/or","page_number":4,"box":{"x":82,"y":684,"width":399,"height":10}},{"id":"c6af821f-7182-4baa-8ad6-b331b807d0a8","block_type":"box","text":"Sub-Investment Manager also may, in exceptional","page_number":4,"box":{"x":82,"y":699,"width":398,"height":10}},{"id":"22c3c7ae-25aa-408e-8efe-1e93cccc94c0","block_type":"box","text":"circumstances, invest in securities not included in the Index","page_number":4,"box":{"x":82,"y":713,"width":399,"height":9}},{"id":"b324767e-2390-4b6f-a000-c3103ae631f0","block_type":"box","text":"but that it believes closely reflect the risk and distribution","page_number":4,"box":{"x":83,"y":727,"width":397,"height":10}},{"id":"64d5c172-2149-4c9b-bf23-3192cf65cabb","block_type":"box","text":"characteristics of securities of the Index. 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Details of the Fund’s portfolio and","page_number":4,"box":{"x":82,"y":784,"width":398,"height":10}},{"id":"19138346-0021-4e7f-bd3f-63118466452a","block_type":"box","text":"the indicative net asset value per share for the Fund are","page_number":4,"box":{"x":82,"y":798,"width":399,"height":10}},{"id":"25f55cfa-da7d-48e6-a805-dad68b10a0c1","block_type":"box","text":"available on the Website daily.","page_number":4,"box":{"x":82,"y":813,"width":203,"height":10}},{"id":"559ca33f-54a5-4bb0-bb9c-4a5a00f559f0","block_type":"box","text":"Currency Hedging:","page_number":4,"box":{"x":82,"y":836,"width":136,"height":10}},{"id":"f60ccd99-1699-445f-bb37-66c95348b87b","block_type":"box","text":"The Fund will use financial derivative","page_number":4,"box":{"x":226,"y":836,"width":255,"height":8}},{"id":"1722322d-670e-4957-b6db-8ebdd3f0084c","block_type":"box","text":"instruments (“FDIs”), including forward foreign exchange","page_number":4,"box":{"x":83,"y":850,"width":398,"height":11}},{"id":"376c1431-c222-4ab2-95ac-06b704498ac6","block_type":"box","text":"contracts, to hedge some or all of the foreign exchange risk","page_number":4,"box":{"x":82,"y":865,"width":399,"height":10}},{"id":"4424778c-a449-40c9-b3a8-2fde6169b1f0","block_type":"box","text":"for hedged Share Classes. Currency hedging transactions in","page_number":4,"box":{"x":82,"y":879,"width":398,"height":10}},{"id":"a5ef16ac-9666-4bce-b1a8-3ae4f146d418","block_type":"box","text":"respect of a hedged Share Class will be clearly attributable","page_number":4,"box":{"x":83,"y":893,"width":398,"height":10}},{"id":"c4116934-c3cb-4417-86bf-93512b69a45d","block_type":"box","text":"to that Class and any costs shall be for the account of that","page_number":4,"box":{"x":518,"y":82,"width":399,"height":10}},{"id":"ce739c03-d073-4d62-97e5-2009b4978381","block_type":"box","text":"Class only. All such costs and related liabilities and/or","page_number":4,"box":{"x":518,"y":96,"width":399,"height":10}},{"id":"d40626cb-938b-4c2a-9107-1e0a75edec2c","block_type":"box","text":"benefits will be reflected in the net asset value per Share of","page_number":4,"box":{"x":518,"y":110,"width":399,"height":10}},{"id":"52d0dadd-e1f9-42f4-9bdc-ffaacccc8ccc","block_type":"box","text":"the Class. Over-hedged or under-hedged positions may","page_number":4,"box":{"x":518,"y":124,"width":399,"height":11}},{"id":"2cd495c5-f01a-4176-97d3-0be455007bb7","block_type":"box","text":"arise unintentionally due to factors outside the control of the","page_number":4,"box":{"x":518,"y":139,"width":398,"height":10}},{"id":"f15cfeeb-d673-407f-a371-a7ba914d6d62","block_type":"box","text":"Investment Manager but will be monitored and adjusted on","page_number":4,"box":{"x":519,"y":153,"width":397,"height":10}},{"id":"fd1456d1-a068-46d5-acda-2db477fc9239","block_type":"box","text":"a regular basis.","page_number":4,"box":{"x":518,"y":168,"width":102,"height":10}},{"id":"07d04611-d45e-4504-8f5f-1ba99a0bdeaa","block_type":"box","text":"Permitted Investments","page_number":4,"box":{"x":519,"y":192,"width":211,"height":10}},{"id":"276d84e5-d3cf-4861-9722-755b7214a5fd","block_type":"box","text":"Bonds:","page_number":4,"box":{"x":519,"y":215,"width":49,"height":7}},{"id":"60bd79cb-95eb-4540-85d2-bb74bab454bf","block_type":"box","text":"The securities in which the Fund invests may","page_number":4,"box":{"x":579,"y":215,"width":338,"height":10}},{"id":"4bec7a12-27c5-47e5-b1b9-241e4ed7f1f4","block_type":"box","text":"include government and government-related bonds,","page_number":4,"box":{"x":518,"y":229,"width":398,"height":10}},{"id":"660ec05d-a728-417e-a323-2df39b03139a","block_type":"box","text":"corporate bonds, asset-backed securities, mortgage-backed","page_number":4,"box":{"x":518,"y":243,"width":398,"height":10}},{"id":"ab6cff90-0343-43b7-90ab-c4e92d5b80a0","block_type":"box","text":"securities, commercial mortgage-backed securities, covered","page_number":4,"box":{"x":518,"y":257,"width":398,"height":10}},{"id":"d479b3da-1813-43e1-a7c3-13d144a24b0c","block_type":"box","text":"bonds and collateralised bonds.","page_number":4,"box":{"x":518,"y":272,"width":211,"height":8}},{"id":"796989c8-278e-40bb-b874-03d0c93c9143","block_type":"box","text":"Other Funds / Liquid Assets:","page_number":4,"box":{"x":518,"y":295,"width":209,"height":10}},{"id":"298e36f0-de0d-45f7-8d98-a5a418001f69","block_type":"box","text":"The Fund may invest up to","page_number":4,"box":{"x":733,"y":295,"width":183,"height":10}},{"id":"75140f7d-b767-4ca3-b765-d620bb828738","block_type":"box","text":"10% of its net assets in other regulated open-ended funds","page_number":4,"box":{"x":519,"y":310,"width":397,"height":10}},{"id":"b305da36-21e3-4851-a301-9daa83eb03ea","block_type":"box","text":"(including Money Market Funds) where the objectives of","page_number":4,"box":{"x":518,"y":324,"width":399,"height":10}},{"id":"8c352afe-365d-4aa9-9696-f67b035e15bf","block_type":"box","text":"such funds are consistent with the objective of the Fund and","page_number":4,"box":{"x":518,"y":338,"width":398,"height":10}},{"id":"be0a7033-3ea7-49a2-a07f-df109277e066","block_type":"box","text":"where such funds are authorised in member states of the","page_number":4,"box":{"x":518,"y":352,"width":398,"height":8}},{"id":"cabadbd1-769c-4e22-8c2e-6527916feb0f","block_type":"box","text":"EEA, United Kingdom, USA, Jersey, Guernsey or the Isle of","page_number":4,"box":{"x":519,"y":366,"width":398,"height":11}},{"id":"5d493cae-0f26-4bd5-a3f9-2c00774184f7","block_type":"box","text":"Man and where such funds comply in all material respects","page_number":4,"box":{"x":519,"y":381,"width":397,"height":10}},{"id":"0b68a0c9-d290-4512-9756-604aedd28e00","block_type":"box","text":"with the provisions of the UCITS Regulations. The Fund may","page_number":4,"box":{"x":518,"y":395,"width":399,"height":10}},{"id":"1d2c3c33-e4a8-4793-99ae-fac6ac01b1b7","block_type":"box","text":"hold ancillary liquid assets such as deposits in accordance","page_number":4,"box":{"x":518,"y":409,"width":399,"height":10}},{"id":"108a67fd-b762-46b1-abba-2df78b33ba7d","block_type":"box","text":"with the UCITS Regulations.","page_number":4,"box":{"x":518,"y":423,"width":188,"height":11}},{"id":"c43a8cf3-c061-43ce-976f-9bee2974c354","block_type":"box","text":"Derivatives:","page_number":4,"box":{"x":519,"y":447,"width":83,"height":8}},{"id":"a0bf02cb-82e9-49a7-bab0-468fd26f2a9d","block_type":"box","text":"The Fund may use FDIs for currency hedging","page_number":4,"box":{"x":608,"y":447,"width":308,"height":10}},{"id":"4e3606ae-4b49-496a-a3c3-6779b3782048","block_type":"box","text":"and efficient portfolio management purposes. Any use of","page_number":4,"box":{"x":518,"y":461,"width":399,"height":10}},{"id":"4d58c0f7-419a-439f-8edd-1a228f0b07e6","block_type":"box","text":"FDIs by the Fund shall be limited to futures and forward","page_number":4,"box":{"x":519,"y":476,"width":397,"height":10}},{"id":"325d016e-ba7c-447f-8878-ce093786acdb","block_type":"box","text":"foreign exchange contracts (including non-deliverable","page_number":4,"box":{"x":518,"y":490,"width":398,"height":10}},{"id":"396c06df-ed68-40f4-9ee7-e5fb03412b17","block_type":"box","text":"forwards). 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The Fund’s ability","page_number":5,"box":{"x":82,"y":731,"width":399,"height":10}},{"id":"6d84b189-68c2-4ffd-a48e-d43d6d8b6ed9","block_type":"box","text":"to track the Index will be affected by Fund expenses, the","page_number":5,"box":{"x":82,"y":745,"width":399,"height":10}},{"id":"1bd3c788-c3e5-4aae-b13d-7a8dad8d3adf","block_type":"box","text":"amount of cash and cash equivalents held in its portfolio, and","page_number":5,"box":{"x":82,"y":760,"width":398,"height":10}},{"id":"d34f934a-ba0e-492a-a896-c07c82829f75","block_type":"box","text":"the frequency and the timing of purchases and sales of","page_number":5,"box":{"x":82,"y":774,"width":399,"height":10}},{"id":"4cfee1c2-adce-4da0-8111-2450a79da139","block_type":"box","text":"interests in the Fund. The Investment Manager and/or Sub","page_number":5,"box":{"x":83,"y":788,"width":398,"height":10}},{"id":"cc0a73fd-62c9-4187-9d8f-080a94d6ffb9","block_type":"box","text":"Investment Manager may attempt to replicate the Index","page_number":5,"box":{"x":83,"y":802,"width":398,"height":10}},{"id":"ac1a2aa8-3401-429a-8f53-df53e6c3c75f","block_type":"box","text":"return by investing in a sub-set of the securities in the Index,","page_number":5,"box":{"x":83,"y":817,"width":397,"height":10}},{"id":"b493faa3-adae-45d4-ae22-8b69316f5034","block_type":"box","text":"or in some securities not included in the Index, potentially","page_number":5,"box":{"x":82,"y":831,"width":399,"height":10}},{"id":"2726185e-4a32-4cbb-92ff-d4686d684655","block_type":"box","text":"increasing the risk of divergence between the Fund’s return","page_number":5,"box":{"x":83,"y":845,"width":397,"height":10}},{"id":"844cb4d0-613e-46ce-b0e0-383aaa7b4253","block_type":"box","text":"and that of the Index.","page_number":5,"box":{"x":82,"y":860,"width":141,"height":7}},{"id":"2aa67090-07ba-4522-a5b3-1e10c10f8704","block_type":"box","text":"Liquidity Risk & ETF Liquidity Risk","page_number":5,"box":{"x":519,"y":82,"width":270,"height":10}},{"id":"d77535ce-6dfb-4f4c-9624-428b8c41a31d","block_type":"box","text":": Lack of a ready","page_number":5,"box":{"x":790,"y":82,"width":127,"height":10}},{"id":"322a720b-8d0d-4b4b-b4bb-548d136c4ca6","block_type":"box","text":"market or restrictions on resale may limit the ability of the","page_number":5,"box":{"x":518,"y":96,"width":398,"height":10}},{"id":"814a8f96-913a-4dec-8be5-2de8de7213d9","block_type":"box","text":"Fund to sell a security at an advantageous time or price or","page_number":5,"box":{"x":519,"y":110,"width":398,"height":10}},{"id":"e0dd251c-cc47-4a0a-bfa2-6ebfdb6bea75","block_type":"box","text":"at all. 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