Active management. In seeking to achieve the Sub-Fund’s investment objective, the Sub-Fund will invest primarily (i.e. at least 70% of its NAV) in equity securities of companies (including American Depositary Receipts (“ADRs”)) which (i) are listed, headquartered, incorporated, operating in and/or deriving substantial amount of revenue from, the Asia Pacific region (excluding New Zealand); and (ii) are considered by the Manager from time to time as being involved in the Metaverse Business in both its current business and/or its future project pipeline.