| Investment Objective |
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| The objective of the Fund is to achieve capital growth through
investment in the securities of companies operating in emerging markets.
To achieve the objective, the majority of the Fund invests in
companies being constituents of the MSCI Emerging Markets Free Index. The Fund may also invest in other securities listed on the exchanges of markets deemed by the Depositary as eligible. The Fund may also invest in other investments to the extent permitted by the FSA Rules as applicable from time to time and as explained in the Prospectus. |
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