The funds investment objective is to generate returns that closely correspond, before fees and expenses, generally to the price and yield performance of the Solactive E-commerce v2 Index (the Index). The fund is passively managed. The Index aims to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of e-commerce as a distribution model, including but not limited to companies whose principal business is in operating e-commerce platforms, providing e-commerce software and services, and/or selling goods and services online. Income is reinvested into the fund.
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