The fund invests its assets mainly in the equities of major European companies. The fund focuses on four academically determined factors: value, low volatility, momentum and quality. The fund invests in these factors by tracking ERI Scientific Beta’s index, which focuses on the four factors mentioned above. Amendments to the fund’s portfolio are generally made four times per year in conjunction with updates of the factor index. The fund may also invest its assets in derivatives contracts both for hedging purposes and within the fund's investment strategy. The fund's benchmark index is the MSCI Europe TR Net (EUR) return index (takes dividend income into account). The fund's investment style is active. The fund does not have any sector or country restrictions within its geographical investment area.