The Fund seeks to track, to the extent reasonably possible and before fees and expenses, the performance of a broad emerging markets index. Currently, the Fund seeks to track the FTSE Emerging Markets All Cap China A Inclusion Index (or any successor thereto). It invests directly or indirectly primarily in large-, mid- and small-capitalization stocks of companies located in emerging markets. In order to achieve its investment objective, the Fund employs a “passive management” - or indexing - investment approach designed to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index.