The Fund aims to provide investment results that closely correspond to the performance of the Benchmark, regardless of its performance. The Fund is passively managed and the responsibility of the Manager is to reflect changes in the Fund by replicating changes to the weightings and composition of the constituent shares in the Benchmark in the Fund's portfolio of shares. At least 90% of its NAV will be invested in Index Shares; and Not more than 10% of its NAV in cash or cash equivalents.