This exchange-traded fund (ETF) aims to mirror the investment performance, prior to any fees or expenses, of the MSCI Latin America Pacific Alliance Capped Index. The fund will primarily invest, typically allocating over 80% of its total assets, in the stocks that comprise this benchmark index. The index itself is designed to provide exposure to equity securities from companies situated in the Latin American member countries of the Pacific Alliance, which currently include Chile, Colombia, Mexico, and Peru. This encompasses firms whose headquarters and primary business operations are located in these nations. It is important to note that this fund does not follow a diversified investment approach.