The investment objective of the Fund is to replicate, before the Funds fees and expenses, the performance of the Shiller Barclays CAPE US Sector Value Net TR Index closing level. The Shiller Barclays CAPE US Sector Value Net TR Index (the 'Index') is a total return index (net dividends reinvested) expressed in USD, calculated and published by NYSE and Barclays (the 'Index Provider'). The Shiller Barclays CAPE US Sector Value Net TR Index reflects the performance of a dynamic long exposure to 4 US equity sectors which are selected every month according to their Relative CAPE (Cyclically Adjusted Price Earnings) ratio and price variations over the prior 12 months (the 12-month price momentum).