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The fund is a passively managed Exchange-Traded Fund. The Product's investment objective is to replicate, before fees and expenses, the price and yield performance of the S&P Global Mining Reduced Coal Index (the Index). In order to seek to achieve its investment objective, the policy of the Product is to invest directly in the underlying equity securities of the Index, being the stock, American depositary receipts, global depository receipts, China B and China H shares issued by mining and metals companies whose predominant economic activity is the production of base metals and industrial such as iron ore. Income is reinvested into the fund.
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