The investment objective of the Fund is to provide investment results that, before fees and expenses, closely correspond to the performance of the Index. The Manager intends to adopt a combination of physical and synthetic replication strategy to achieve the investment objective of the Fund. The Fund will invest 50% to 100% of its Net Asset Value directly in constituent stocks of the; and the Fund will use synthetic replication strategy as an ancillary strategy when the Manager considers that such investments are beneficial to the Sub-Fund by investing up to 50% of its Net Asset Value in FDIs, mainly funded total return Swap transaction(s) with one or more Swap Counterparty(ies).