This fund is designed to allocate a minimum of 80% of its total assets to equity securities that are components of the MSCI ACWI (All Country World Index) ex USA Index, or to depositary receipts representing those same underlying holdings. The investment advisor utilizes a statistical sampling approach, considering various financial and economic factors such as market capitalization, industry sector weightings, dividend yield, price-to-earnings (P/E) and price-to-book (P/B) ratios, earnings growth, geographical country allocations, and the influence of foreign taxes. This methodology aims to closely replicate the performance of its designated benchmark, the MSCI ACWI (All Country World Index) ex USA Index.