This Sub-Fund is passively managed. The objective of this Sub-Fund is to track the performance of the MSCI USA Index (the "Index"). The Index is an equity index representative of the large and mid-cap listed securities of the US equity market. The anticipated level of tracking error, under normal market conditions, is indicated in the prospectus of the Sub-Fund. The Index is a Net Total Return Index: dividends net of tax paid by the index constituents are included in the Index return. More information about the composition of the Index and its operating rules are available in the prospectus and at: msci.com. The Index value is available via Bloomberg (NDDUUS). The exposure to the Index will be achieved through a direct replication, mainly by making direct investments in transferable securities and/or other eligible assets representing the Index constituents in a proportion extremely close to their proportion in the Index.