The Fund seeks to track the investment results of the S&P Asia 50TM (the âUnderlying Indexâ), which is a total float-adjusted, market capitalisation-weighted index that is designed to measure the performance of the 50 leading companies listed in four Asian countries or regions: Hong Kong, Singapore, South Korea and Taiwan. The Fund will concentrate its investments in a particular industry or group of industries to approximately the same extent as the Underlying Index is so concentrated.