The Fund seeks to track the investment results of the STOXX Global Equity Factor Index (the Underlying Index), which is a rules-based equity index provided by STOXX Ltd. (the Index Provider or STOXX). The Underlying Index is composed of large- and mid-capitalization equity securities from the STOXX World AC Index (the Parent Index) that are selected and weighted using an optimization process designed to maximize exposure to five target factors: momentum, quality, value, low volatility and size. The Underlying Index seeks to control exposure to, among other things, industries and countries, limit turnover and maintain a level of risk similar to that of the Parent Index. The Parent Index is a free float market capitalization-weighted index designed to measure the performance of large- and mid-capitalization companies from developed and emerging markets. Large- and mid-capitalization companies, as calculated by the Index Provider, represent approximately the top 85% of the investable market capitalization of each developed and emerging market country included in the Parent Index, as determined by STOXX.