The investment objective of the Fund is to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of the CSI China Reform Hong Kong Connect Central-SOEs High Dividend Yield Index (the Index). In seeking to achieve the Fund's investment objective, the Manager will use a full replication strategy by directly investing all, or substantially all, of the assets of the Fund in Securities listed on the SEHK constituting the Index in substantially the same weightings as these constituent Securities have in the Index.