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The investment objective of the fund is to reflect, before the Fund’s fees and expenses, the performance of the MSCI JAPAN Index (Ticker: M7JP INDEX) (the "Index") calculated and published by MSCI Limited (the "Index Provider"). The Index is a net total return index (net dividends reinvested) expressed in JPY. The anticipated level of tracking error in normal conditions is 0.50% over a one-year period.