The fund seeks to match the performance of the Bank of New York ( BNY ) Mellon New Frontier DR Index, before fees and expenses. The BNY Mellon describes frontier market countries based on the GDP growth, per capita income growth, past and expected inflation rates, privatization of infrastructure and social inequalities. Further, Vietnam, the Southeast Asian economy, is poised to benefit from the rebound in global risk appetite, cheap labor, fast-growing and young population, dropping unemployment rate and more foreign inflows.