| Investment Objective: |
The Fund seeks investment results that closely correspond,before fees and expenses, to the performance of the JP Morgan Diversified Factor International Equity Index. The Fund will invest at least 80% of its Assets in securities included in the Underlying Index. The Underlying Index is comprised of equity securities across developed global markets (excluding North America) selected to represent a diversified set of factor characteristics. Holdings in the Underlying Index are selected primarily from the constituents of the FTSE Developed ex NorthAmerica Index, a broader FTSE index, which is comprised oflarge and mid-cap equity securities in developed markets outside of North America. The Underlying Index is diversified across certain countries in the following countries and/or regions: United Kingdom, Europe ex UnitedKingdom, Japan, Pacific ex Japan, and across the following sectors: basic materials, consumer services, consumer goods,financials, health care, industrials, oil & gas, technology,telecommunications and utilities. The rules based proprietary multi-factor selection process utilizes the following characteristics: value, momentum and quality. |
