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The investment objective of the fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the Mirae Asset Defence Tech Index. The Index aims to provide exposure to defence technology (Defence Tech) companies, in either developed and emerging markets excluding China (A-Shares and B-Shares), India, Kuwait, Pakistan, Russia, and Saudi Arabia which are positioned to benefit from technology, services, systems, and hardware that cater to the defence, and military sector. Income is reinvested into the fund.
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