Description

The Fund aims to achieve long-term capital appreciation by replicating the performance of the Morgan Stanley Capital International (MSCI) Pacific ex-Japan Index. This index is comprised of common stocks issued by companies primarily based in Australia, Hong Kong, New Zealand, and Singapore. To achieve its goal, the Fund employs a passive or index-tracking investment approach, endeavoring to mirror the index's returns by investing in either all or a representative selection of its constituent securities.