This investment vehicle's primary objective is to closely replicate the investment performance of the Nasdaq China US Internet Tiger Index, prior to accounting for its own operational fees and expenses. Typically, the fund allocates a minimum of 80% of its total assets, not including any collateral obtained from securities lending, directly into the constituents of that index, the depositary receipts that represent those constituents, or the underlying securities that those depositary receipts represent. The index it follows is constructed to track the returns of the ten leading publicly traded internet companies based in China and the ten leading publicly traded internet companies based in the United States.