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In order to achieve this investment objective, the investment policy of the fund is to invest in a portfolio of equity securities that as far as possible and practicable consists of the component securities of the S&P 500 Equal Weight Index. The fund intends to replicate the constituents of the Benchmark Index by holding all the securities comprising the Benchmark Index in a similar proportion to their weightings in the Benchmark Index. Income is reinvested into the fund.
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