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The funds investment objective is to generate returns that closely correspond, before fees and expenses, generally to the price and yield performance of the Indxx Global Cloud Computing v2 Index. The Index aims to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of cloud computing technology, including but not limited to companies whose principal business is offering computing Software-as-a-Service, Platformas-a-Service, Infrastructure-as-a-Service, managed server storage space and data centre real estate investment trusts and/or cloud and edge computing infrastructure and hardware. Income is reinvested into the fund.
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