| Investment Objective: |
The Fund seeks investment results that closely correspond,before fees & expenses, to the performance of the JP MorganDiversified Factor Emerging Markets Equity Index & will invest at least 80% of its Assets insecurities included in the Underlying Index. The Underlying Index is comprised of equity securities from emerging markets selected to represent a diversified set of factor characteristics. Holdings in the Underlying Index are selected primarily from the constituents of the FTSE Emerging Index, a broader FTSE index,which is comprised of large- and mid-cap equity securities from advanced and secondary emerging markets. Through diversification, the Underlying Index is designed to more evenly distribute risk across regions, super-sectors and individual securities. The Underlying Index is diversified acros scertain countries in the following regions Asia Pacific ex ChinaChina Europe, Middle East & Africa (EMEA) and Latin Americaand across the following super-sectors commodities, financials,consumer, defensives and industrials. The rules based proprietary multi-factor selection process utilizes the following characteristics value, momentum and quality. |
