The investment objective of the Sub-Fund is to track the performance of the MSCI Pacific ex-Japan Select ESG Screened Index (the " Reference Index"). The Reference Index is based on the MSCI Pacific ex-Japan Index (the "Parent Index"), which is designed to reflect the performance of the shares of large and medium capitalisation companies in developed markets countries in the Pacific region excluding Japan. The Reference Index consists of companies from the Parent Index which meet certain minimum Environmental, Social, and Governance ("ESG") standards.