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The investments underlying","page_number":5,"box":{"x":82,"y":125,"width":398,"height":10}},{"id":"99142a36-d8cd-4cff-8939-aa402d9cce60","block_type":"box","text":"the remaining portion of this Fund do not take into account","page_number":5,"box":{"x":82,"y":139,"width":399,"height":10}},{"id":"182c8f23-3b80-438c-948e-f9cb241023f2","block_type":"box","text":"the EU criteria for environmentally sustainable economic","page_number":5,"box":{"x":82,"y":153,"width":399,"height":10}},{"id":"fae3b5f0-97e2-48e1-b664-313c7c5b2529","block_type":"box","text":"activities. 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The Fund may","page_number":5,"box":{"x":82,"y":381,"width":399,"height":10}},{"id":"5bb195c4-c4f3-43ba-9829-e2d9648bd823","block_type":"box","text":"hold ancillary liquid assets such as deposits in accordance","page_number":5,"box":{"x":83,"y":395,"width":398,"height":10}},{"id":"0d7ca5df-e44e-496e-9e31-79cc75221bb7","block_type":"box","text":"with the UCITS Regulations.","page_number":5,"box":{"x":82,"y":409,"width":189,"height":10}},{"id":"ad1178e5-e1dc-4bd7-98e7-d48944a4b751","block_type":"box","text":"Derivatives:","page_number":5,"box":{"x":83,"y":433,"width":83,"height":8}},{"id":"cf7b1b54-84e6-402d-9cda-0f7e4f490625","block_type":"box","text":"The Fund may use FDIs for currency hedging","page_number":5,"box":{"x":173,"y":433,"width":307,"height":10}},{"id":"89750738-37ff-4167-8c48-07fc34b69181","block_type":"box","text":"and efficient portfolio management purposes. Any use of","page_number":5,"box":{"x":82,"y":447,"width":399,"height":10}},{"id":"f862f26f-540e-4da9-8810-8a74d34894da","block_type":"box","text":"FDIs by the Fund shall be limited to futures and forward","page_number":5,"box":{"x":83,"y":461,"width":397,"height":10}},{"id":"840f5912-f8b4-44e1-8812-567f8bc28e20","block_type":"box","text":"foreign exchange contracts (including non-deliverable","page_number":5,"box":{"x":82,"y":476,"width":399,"height":10}},{"id":"8ebcee9b-a212-4dfe-b38a-a40fdfa7a26f","block_type":"box","text":"forwards). Efficient portfolio management means investment","page_number":5,"box":{"x":82,"y":490,"width":399,"height":10}},{"id":"8826a8b4-2728-4e67-afb3-f2e2eaf88dfe","block_type":"box","text":"decisions involving transactions that are entered into for one","page_number":5,"box":{"x":82,"y":504,"width":399,"height":10}},{"id":"2f04c65c-29a4-4901-9118-42ead44693fd","block_type":"box","text":"or more of the following specific aims: the reduction of risk;","page_number":5,"box":{"x":82,"y":518,"width":398,"height":10}},{"id":"5155c07f-c43e-4b08-91aa-11f239799009","block_type":"box","text":"the reduction of cost; the generation of additional capital or","page_number":5,"box":{"x":82,"y":533,"width":399,"height":10}},{"id":"a3d4f275-91fc-495b-b7ce-8a67922c2500","block_type":"box","text":"income for the Fund with an appropriate level of risk, taking","page_number":5,"box":{"x":83,"y":547,"width":398,"height":10}},{"id":"81d65891-bbd7-49ba-ab40-9831345fff9a","block_type":"box","text":"into account the risk profile of the Fund; or the minimisation","page_number":5,"box":{"x":83,"y":561,"width":397,"height":10}},{"id":"26e62695-e03e-47b5-9571-1afcbd74a95a","block_type":"box","text":"of tracking error, i.e. the risk that the Fund return varies from","page_number":5,"box":{"x":82,"y":575,"width":398,"height":10}},{"id":"b0257cf8-1d73-4337-be63-c6d6ed829c13","block_type":"box","text":"the Index return. FDIs are described in the","page_number":5,"box":{"x":82,"y":590,"width":305,"height":7}},{"id":"8dfd6286-231f-45f3-a518-ea39711e0d04","block_type":"box","text":"\"Investment","page_number":5,"box":{"x":396,"y":590,"width":85,"height":7}},{"id":"e389ba1a-e62b-4813-9ed3-e4bf32b6fae4","block_type":"box","text":"Objectives and Policies – Use of Financial Derivative","page_number":5,"box":{"x":82,"y":604,"width":399,"height":10}},{"id":"1785169d-6e64-4b92-9983-1580df789455","block_type":"box","text":"Instruments\"","page_number":5,"box":{"x":83,"y":618,"width":91,"height":8}},{"id":"92e1ed7c-46ac-4293-b8e8-636e456b4f84","block_type":"box","text":"section of the Prospectus.","page_number":5,"box":{"x":180,"y":618,"width":173,"height":10}},{"id":"0a49f35c-8851-4ee3-9a7f-b4a84cd3d016","block_type":"box","text":"Securities Lending, Repurchase","page_number":5,"box":{"x":83,"y":642,"width":404,"height":14}},{"id":"f26a49a2-393e-4f1a-9de4-e1dbd85b20c3","block_type":"box","text":"Agreements & Reverse Repurchase","page_number":5,"box":{"x":82,"y":659,"width":405,"height":13}},{"id":"c53dac2b-5673-4e69-abfe-29c66982f17b","block_type":"box","text":"Agreements","page_number":5,"box":{"x":82,"y":676,"width":118,"height":13}},{"id":"d87537b0-fa73-4ecb-93c6-7b76b633741c","block_type":"box","text":"The Fund does not currently participate in a securities","page_number":5,"box":{"x":82,"y":698,"width":399,"height":10}},{"id":"a17683c9-2920-4172-9b88-32a82432eb8c","block_type":"box","text":"lending programme, though it is entitled to do so. The Fund","page_number":5,"box":{"x":83,"y":712,"width":397,"height":10}},{"id":"c85c6f9b-b9ac-4db9-b753-1eb6a7743cd1","block_type":"box","text":"also does not intend to engage in repurchase agreements","page_number":5,"box":{"x":82,"y":727,"width":399,"height":10}},{"id":"51704006-9087-4e17-b61a-1e66b5d3eca5","block_type":"box","text":"and reverse repurchase agreements. Should the Directors","page_number":5,"box":{"x":82,"y":741,"width":399,"height":10}},{"id":"f689268c-2dab-4046-a81a-949e09142cf1","block_type":"box","text":"elect to change this policy in the future, due notification will","page_number":5,"box":{"x":82,"y":755,"width":398,"height":10}},{"id":"928749b4-9279-419e-91ee-c948e41a8a7f","block_type":"box","text":"be given to Shareholders and this Supplement will be","page_number":5,"box":{"x":83,"y":769,"width":398,"height":10}},{"id":"abb7d3f5-205b-4a41-a0aa-78543725daf9","block_type":"box","text":"updated accordingly.","page_number":5,"box":{"x":83,"y":784,"width":137,"height":10}},{"id":"9a89028c-86ec-446e-a98b-3944c0484e2d","block_type":"box","text":"Investment Risks","page_number":5,"box":{"x":83,"y":808,"width":163,"height":11}},{"id":"24b5e133-1927-4cd2-a069-48d8fb8b264b","block_type":"box","text":"Investment in the Fund carries with it a degree of risk.","page_number":5,"box":{"x":83,"y":831,"width":397,"height":10}},{"id":"9a77bec4-5fbe-484f-b97e-76fb30c152ae","block_type":"box","text":"Investors should read the","page_number":5,"box":{"x":83,"y":845,"width":167,"height":8}},{"id":"a117fd61-3e03-4321-8249-2051137378f6","block_type":"box","text":"“Risk Information”","page_number":5,"box":{"x":255,"y":845,"width":133,"height":8}},{"id":"ceee61a1-81c0-40ba-97da-9526f85e4c66","block_type":"box","text":"section of the","page_number":5,"box":{"x":393,"y":845,"width":88,"height":8}},{"id":"e67217f4-a90f-4329-b869-edc1982155ec","block_type":"box","text":"Prospectus. In addition, the following risks are particularly","page_number":5,"box":{"x":83,"y":859,"width":398,"height":10}},{"id":"e6dd54a9-858a-4a2b-9d0f-8578a7a3d34f","block_type":"box","text":"relevant for the Fund.","page_number":5,"box":{"x":83,"y":873,"width":141,"height":8}},{"id":"b1fb0ea9-7962-46e5-abaa-8dc29ccb7682","block_type":"box","text":"Index Tracking Risk","page_number":5,"box":{"x":518,"y":82,"width":143,"height":10}},{"id":"0cc67e34-2efe-480e-9097-7fba93c0f1a4","block_type":"box","text":": The Fund’s return may not match the","page_number":5,"box":{"x":662,"y":82,"width":254,"height":10}},{"id":"959ca5eb-e886-47b1-9579-d466786f6452","block_type":"box","text":"return of the Index. It is currently anticipated that the Fund","page_number":5,"box":{"x":519,"y":95,"width":397,"height":10}},{"id":"588c0e83-db60-4548-a480-7ff98e8a71ae","block_type":"box","text":"will track the Index with a potential variation of up to 1%","page_number":5,"box":{"x":518,"y":109,"width":398,"height":10}},{"id":"c7037bb0-8452-4ec8-84c9-c88a2aae5ddc","block_type":"box","text":"annually under normal market conditions. The Fund’s ability","page_number":5,"box":{"x":518,"y":123,"width":399,"height":9}},{"id":"15642877-abd8-468d-a62c-0b3013b601b3","block_type":"box","text":"to track the Index will be affected by Fund expenses, the","page_number":5,"box":{"x":518,"y":136,"width":398,"height":10}},{"id":"3bcee42e-0665-485f-9ecd-7bc6b13eed5f","block_type":"box","text":"amount of cash and cash equivalents held in its portfolio, and","page_number":5,"box":{"x":518,"y":149,"width":398,"height":10}},{"id":"6a6488d4-5926-4c48-9102-3d16e43f94c2","block_type":"box","text":"the frequency and the timing of purchases and sales of","page_number":5,"box":{"x":518,"y":163,"width":399,"height":10}},{"id":"3484ac68-81dc-4239-8404-2998f44d6d91","block_type":"box","text":"interests in the Fund. The Investment Manager and/or Sub","page_number":5,"box":{"x":518,"y":176,"width":399,"height":11}},{"id":"7bc5b226-eb46-4ff1-8caf-8c30b7f2a2ae","block_type":"box","text":"Investment Manager may attempt to replicate the Index","page_number":5,"box":{"x":519,"y":190,"width":398,"height":10}},{"id":"e0536875-cc23-4e3d-9052-4455b695d248","block_type":"box","text":"return by investing in a sub-set of the securities in the Index,","page_number":5,"box":{"x":519,"y":204,"width":397,"height":10}},{"id":"35eda6e9-2379-4f18-9eef-8e886484bcf5","block_type":"box","text":"or in some securities not included in the Index, potentially","page_number":5,"box":{"x":518,"y":217,"width":399,"height":10}},{"id":"09a3524e-2009-4a15-9206-d04071797301","block_type":"box","text":"increasing the risk of divergence between the Fund’s return","page_number":5,"box":{"x":518,"y":231,"width":398,"height":10}},{"id":"c86d883e-4941-4cf9-a184-fe824981ba20","block_type":"box","text":"and that of the Index.","page_number":5,"box":{"x":518,"y":244,"width":140,"height":8}},{"id":"1cff3876-2123-41fa-9ce3-5be082831a6d","block_type":"box","text":"Liquidity Risk & ETF Liquidity Risk:","page_number":5,"box":{"x":519,"y":267,"width":273,"height":10}},{"id":"ac83d292-7c54-4edd-ab45-8303a69d546b","block_type":"box","text":"Lack of a ready","page_number":5,"box":{"x":803,"y":267,"width":114,"height":10}},{"id":"5062a378-e7c2-4a0d-b34b-e17b21232782","block_type":"box","text":"market or restrictions on resale may limit the ability of the","page_number":5,"box":{"x":518,"y":281,"width":398,"height":10}},{"id":"3b497247-0fec-4feb-87a6-c45128850dc2","block_type":"box","text":"Fund to sell a security at an advantageous time or price or","page_number":5,"box":{"x":519,"y":294,"width":398,"height":10}},{"id":"0d932e73-5d2d-4588-8fae-0611a5f213a8","block_type":"box","text":"at all. Illiquid securities may trade at a discount from","page_number":5,"box":{"x":518,"y":308,"width":398,"height":10}},{"id":"5bf98946-3035-4393-b22e-f1fdb07c1bbf","block_type":"box","text":"comparable, more liquid investments and may be subject to","page_number":5,"box":{"x":518,"y":321,"width":398,"height":10}},{"id":"feb9bc60-0aa3-43a1-b97c-25f062d4c47a","block_type":"box","text":"wide fluctuations in market value. Illiquidity of the Fund’s","page_number":5,"box":{"x":518,"y":335,"width":398,"height":10}},{"id":"806be447-d757-4969-9172-9c333c6fb572","block_type":"box","text":"holdings may limit the ability of the Fund to obtain cash to","page_number":5,"box":{"x":518,"y":348,"width":398,"height":10}},{"id":"bd67da1f-7303-4ec2-883c-daf1b3e44bb6","block_type":"box","text":"meet redemptions on a timely basis. Where the fund invests","page_number":5,"box":{"x":518,"y":362,"width":398,"height":10}},{"id":"7f170803-5058-4496-a02f-a5d522a05919","block_type":"box","text":"in illiquid securities or does not trade in large volumes, the","page_number":5,"box":{"x":518,"y":375,"width":398,"height":10}},{"id":"937e300e-54b5-4191-ba6e-19de16f83dae","block_type":"box","text":"bid offer spreads of the Fund may widen, the Fund may be","page_number":5,"box":{"x":518,"y":389,"width":399,"height":10}},{"id":"c86c76d3-cf9e-4663-877d-7a2949e8b10c","block_type":"box","text":"exposed to increased valuation risk and reduced ability to","page_number":5,"box":{"x":518,"y":402,"width":399,"height":10}},{"id":"f8018b20-c952-4e8a-af18-2e07a48de660","block_type":"box","text":"trade. 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