The Fund's investment objective is to seek to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE SGD 3-month SOR Index or any replacement index which references the Singapore Overnight Rate Average (“SORA”) and provides for the same or substantially similar exposure as the FTSE SGD 3-month SOR Index. The Index is compiled and maintained by FTSE Fixed Income LLC and is designed to measure the performance of the three-month swap offer rate, offering investors a measure of the performance of short term Singapore Dollar money markets.