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</LabelSeparator><Level>3</Level><ElementName>rr_ExpenseExampleNarrativeTextBlock</ElementName><ElementPrefix>rr_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole>terseLabel</PreferredLabelRole><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="Context3" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. This Example does not take into account creation or redemption transaction fees, or the brokerage commissions that you pay when purchasing or selling shares of the Fund. If the commissions were included, your costs would be higher.&lt;/font&gt;&lt;/p&gt;&lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:12.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund&amp;#39;s operating expenses remain the same. &lt;/font&gt;&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>The Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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</LabelSeparator><Level>3</Level><ElementName>rr_ExpenseExampleByYearCaption</ElementName><ElementPrefix>rr_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole>terseLabel</PreferredLabelRole><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="Context3" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;p style="margin:0in;margin-bottom:.0001pt;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; Although your actual costs may be higher or lower, based on these assumptions your cost would be: &lt;/font&gt;&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>xbrli:stringItemType</ElementDataType><SimpleDataType>string</SimpleDataType><ElementDefenition>The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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</LabelSeparator><Level>3</Level><ElementName>rr_StrategyNarrativeTextBlock</ElementName><ElementPrefix>rr_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole>terseLabel</PreferredLabelRole><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="Context3" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;The Fund will normally invest at least 80% of its total assets in equity securities of its current benchmark, the CSI Overseas China Internet Index (the &amp;#8220;Underlying Index&amp;#8221;) or in depositary receipts representing securities of the Underlying Index. The Underlying Index is designed to measure the performance of the investable universe of publicly traded China-based companies whose primary business or businesses are in the Internet and Internet-related sectors (&amp;#8220;China Internet Companies&amp;#8221;), as defined by the index sponsor, China Securities Index Co., Ltd. (&amp;#8220;CSI&amp;#8221;). The Underlying Index is generally comprised of 20-30 securities. A China-based company is a company that meets at least one of the following criteria: (i) is incorporated in mainland China; (ii) has its headquarters in mainland China or (iii) derives at least 50% of its revenue from goods produced or sold, or services performed, in mainland China. China Internet Companies include, but are not limited to, companies that develop and market internet software and/or provide Internet services; manufacture home entertainment software and educational software for home use; provide retail or commercial services primarily through the Internet; and develop and market mobile Internet software and/or provide mobile Internet services. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of China Internet Companies.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;The Fund employs a &amp;#8220;passive management&amp;#8221; investment strategy in seeking to achieve its investment objective. The Fund generally will use a replication methodology, meaning it will invest in all of the securities comprising the Underlying Index in proportion to the weightings in the Underlying Index. However, the Fund may utilize a representative sampling methodology under various circumstances where it may not be possible or practicable to purchase all of the securities in the Underlying Index.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;The Fund will concentrate its investments (&lt;/font&gt;&lt;i&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;i.e., &lt;/font&gt;&lt;/i&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is so concentrated. The Fund is non-diversified and, therefore, may invest a greater percentage of its assets in a particular issuer in comparison to a diversified fund.&lt;/font&gt;&lt;/p&gt;</NonNumbericText><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>nonnum:textBlockItemType</ElementDataType><SimpleDataType>na</SimpleDataType><ElementDefenition>Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

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</LabelSeparator><Level>3</Level><ElementName>rr_RiskNarrativeTextBlock</ElementName><ElementPrefix>rr_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole>terseLabel</PreferredLabelRole><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="Context3" UnitID=""><Id>1</Id><IsNumeric>false</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>false</DisplayZeroAsNone><NumericAmount>0</NumericAmount><RoundedNumericAmount>0</RoundedNumericAmount><NonNumbericText>&lt;!--DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd" --&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;As with all exchange traded funds (&amp;#8220;ETFs&amp;#8221;), a shareholder of the Fund is subject to the risk that his or her investment could lose money. In addition to this risk, the Fund is subject to a number of additional risks that may affect the value of its shares, including:&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:-.05pt;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:-.05pt;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Capital Controls Risk. &lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Economic conditions and political events may lead to intervention by the Chinese and/or Hong Kong governments and the imposition of &amp;#8220;capital controls.&amp;#8221; Capital controls may impact the ability of the Fund to buy, sell or otherwise transfer securities or currency, adversely affect the trading market and price for shares of the Fund, and cause the Fund to decline in value.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:-.05pt;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Currency Risk&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;. The Fund&amp;#39;s NAV is determined on the basis of U.S. dollars, therefore, the Fund may lose value if the local currency of a foreign market depreciates against the U.S. dollar, even if the local currency value of the Fund&amp;#39;s holdings goes up.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Depositary Receipt Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; The Fund may hold the securities of non-U.S. companies in the form of American Depositary Receipts (&amp;#8220;ADRs&amp;#8221;). The underlying securities of the ADRs in the Fund&amp;#39;s portfolio are subject to fluctuations in foreign currency exchange rates that may affect the value of the Fund&amp;#39;s portfolio. In addition, the value of the securities underlying the ADRs may change materially when the U.S. markets are not open for trading. Investments in the underlying foreign securities also involve political and economic risks distinct from those associated with investing in the securities of U.S. issuers.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Emerging Markets Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; The Fund&amp;#39;s investments will expose the Fund&amp;#39;s portfolio to the risks of investing in emerging markets. Investments in emerging markets are subject to greater risk of loss than investments in developed markets. This is due to, among other things, greater market volatility, lower trading volume, political and economic instability, greater risk of market shutdown and more governmental limitations on foreign investments than typically found in developed markets.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Foreign Securities Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; The Fund invests a significant portion of its assets directly in securities of Chinese issuers based outside of the U.S., or in depositary receipts that represent such securities. Investments in securities of non-U.S. issuers involve certain risks that may not be present with investments in securities of U.S. issuers, such as risk of loss due to foreign currency fluctuations or to political or economic instability. There may be less information publicly available about a non-U.S. issuer than a U.S. issuer. Non-U.S. issuers may also be subject to different accounting, auditing, financial reporting and investor protection standards than U.S. issuers. Specifically, issuers in China are subject to less stringent requirements regarding accounting, auditing, financial reporting and record keeping than are issuers in more developed markets, and therefore, all material information may not be available or reliable.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Additionally, the securities markets in China have a limited operating history and are not as developed as those in the U.S. A small number of issuers may represent a large portion of the China market as a whole, and prices for securities of these issuers may be very sensitive to adverse political, economic, or regulatory developments in China and other Asian countries, and may experience significant losses in such conditions. The value of Chinese currencies may also vary significantly relative to the U.S. dollar, affecting the Fund&amp;#39;s investments.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Income from securities of non-U.S. issuers, including, in the case of Chinese issuers, gain on the sale of such securities, may be subject to foreign taxes. Even if the Fund qualifies to pass these taxes through to shareholders, your ability to claim a credit for such taxes may be limited, particularly in the case of taxes on capital gains.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Geographic Concentration Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; The Fund&amp;#39;s investments are concentrated in China and Hong Kong, and therefore the Fund will be susceptible to adverse market, political, regulatory, and geographic events affecting those regions.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"&gt;&lt;i&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/i&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"&gt;&lt;i&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;China&lt;/font&gt;&lt;/i&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;. The Chinese economy is generally considered an emerging market and can be significantly affected by economic and political conditions and policy in China and surrounding Asian countries. Many attributes of the Chinese economy are markedly different from those that characterize the U.S., including structure, general development, government involvement, wealth distribution, rate of inflation, growth rate, allocation of resources and capital reinvestment, among others.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"&gt;&lt;i&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/i&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;margin-left:.5in;text-align:justify;"&gt;&lt;i&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Hong Kong&lt;/font&gt;&lt;/i&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;. The economy of Hong Kong has few natural resources and any fluctuation or shortage in the commodity markets could have a significant adverse effect on the Hong Kong economy. Hong Kong is also heavily dependent on international trade and finance. Additionally, the continuation of current political, economic, legal and social policies of Hong Kong is dependent on and subject to the control of the Chinese government.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Industry Concentration Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; To the extent the Fund&amp;#39;s assets are concentrated in an industry or group of industries because the Underlying Index is concentrated in that particular industry or group of industries, the Fund is subject to loss due to adverse occurrences that may affect that industry or group of industries.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Internet Companies Sector Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; Internet companies are subject to rapid changes in technology, worldwide competition, rapid obsolescence of products and services, loss of patent protections, evolving industry standards and frequent new product productions. Such changes may have an adverse impact on the companies in the Underlying Index and therefore the performance of the Fund.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Large-Capitalization Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; Returns on investments in securities of large companies could trail the returns on investments in securities of smaller and mid-sized companies.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Management Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; Because the Fund may not fully replicate the Underlying Index and may hold less than the total number of securities in the Underlying Index, the Fund is subject to management risk. This is the risk that the Sub-Adviser&amp;#39;s security selection process, which is subject to a number of constraints, may not produce the intended results.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Market Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; Due to market conditions, the value of the Fund&amp;#39;s investments may fluctuate significantly from day to day. This volatility may cause the value of your investment in the Fund to decrease.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Non-Diversification Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; The Fund is non-diversified, meaning that, as compared to a diversified fund, it can invest a greater percentage of its assets in securities issued by or representing a small number of issuers. As a result, the performance of these issuers can have a substantial impact on the Fund&amp;#39;s performance.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Passive Investment Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; The Fund is not actively managed and therefore generally would not sell a security held by the Fund due to current or projected underperformance of the security, industry or sector, unless that security is removed from the Underlying Index.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Privatization Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; China has begun a process of privatizing certain entities and industries. Privatized entities may lose money or be re-nationalized.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Reliance on Trading Partners Risk. &lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;The Chinese economy is heavily dependent upon trading with key partners, such as the United States, Japan and countries in the European Union. Any reduction in this trading may cause an adverse impact on the Chinese economy and, thus, the value of the Fund&amp;#39;s investments.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:-.05pt;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:-.05pt;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Shares of the Fund May Trade at Prices Other Than NAV. &lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Although it is expected that the market price of the shares of the Fund will approximate the Fund&amp;#39;s NAV when purchased and sold in the secondary market, there may be times when the market price of the shares is more than the NAV intra-day (i.e., premium) or less than the NAV intra-day (i.e., discount). This risk is heightened in times of market volatility or periods of steep market declines.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;text-indent:-.05pt;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Small- and Mid-Capitalization Risk.&lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt; The small- and mid-capitalization companies in which the Fund may invest may be more vulnerable to adverse business or economic events than larger, more established companies, and may underperform other segments of the market or the equity market as a whole.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Tax Risk. &lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;In order to qualify for the favorable tax treatment generally available to regulated investment companies, the Fund must satisfy certain diversification requirements. In particular, the Fund generally may not acquire a security if, as a result of the acquisition, 50% or more of the value of the Fund&amp;#39;s assets would be invested in (a)&amp;#160;issuers in which the Fund has, in each case, invested more than 5% of the Fund&amp;#39;s assets and (b)&amp;#160;issuers more than 10% of whose outstanding voting securities are owned by the Fund. Given the concentration of the Underlying Index in a relatively small number of securities, it may not be possible for the Fund to fully implement a replication strategy or a sampling strategy while satisfying these diversification requirements. The Fund&amp;#39;s efforts to satisfy the diversification requirements may cause the Fund&amp;#39;s return to deviate from that of the Underlying Index, and the Fund&amp;#39;s efforts to replicate the Underlying Index may cause it inadvertently to fail to satisfy the diversification requirements. If the Fund were to fail to qualify as a regulated investment company, it would be taxed in the same manner as an ordinary corporation, and distributions to its shareholders would not be deductible by the Fund in computing its taxable income.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Telecommunications Companies Risk. &lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Telecommunications companies are subject to extensive government regulation. Telecommunications companies may also be significantly affected by intense competition, including competition with alternative technologies such as wireless communications, product compatibility, consumer preferences, rapid obsolescence and research and development of new products. Such factors may have an adverse impact on the companies in the Underlying Index and therefore the performance of the Fund.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Tracking Error Risk. &lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;The Fund&amp;#39;s return may not match or achieve a high degree of correlation with the return of the Underlying Index. To the extent the Fund utilizes a sampling approach, it may experience tracking error to a greater extent than if the Fund sought to replicate the Underlying Index.&lt;/font&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/b&gt;&lt;/p&gt; &lt;p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"&gt;&lt;b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Trading Risk. &lt;/font&gt;&lt;/b&gt;&lt;font lang="EN-US" style="font-family:Times New Roman,serif;font-size:10.0pt;"&gt;Secondary market trading in Fund shares may be halted by The NASDAQ Stock Market LLC (the &amp;#8220;Exchange&amp;#8221;) because of market conditions or other reasons. If a trading halt occurs, a shareholder may temporarily be unable to purchase or sell shares of the Fund. 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 -Subparagraph c

 -Clause i



</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>0</UnitID><Label>Other Expenses</Label></Row><Row FlagID="0"><Id>33</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>3</Level><ElementName>rr_ExpensesOverAssets</ElementName><ElementPrefix>rr_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole>totalLabel</PreferredLabelRole><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="Context2" UnitID="Unit3"><Id>1</Id><IsNumeric>true</IsNumeric><IsRatio>true</IsRatio><DisplayZeroAsNone>true</DisplayZeroAsNone><NumericAmount>0.0068</NumericAmount><RoundedNumericAmount>0.0068</RoundedNumericAmount><NonNumbericText /><FootnoteIndexer /><CurrencyCode /><CurrencySymbol /><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>false</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>rr:NonNegativePure4Type</ElementDataType><SimpleDataType>pure</SimpleDataType><ElementDefenition>Total Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund.  Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher SEC

 -Name Form

 -Number N-1A

 -Chapter A

 -Section 3

 -Subsection instructions

 -Paragraph 3

 -Subparagraph d



</ElementReferences><IsTotalLabel>true</IsTotalLabel><UnitID>0</UnitID><Label>Total Annual Fund Operating Expenses</Label></Row><Row FlagID="0"><Id>34</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>3</Level><ElementName>rr_ExpenseExampleYear01</ElementName><ElementPrefix>rr_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole>terseLabel</PreferredLabelRole><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="Context2" UnitID="Unit261"><Id>1</Id><IsNumeric>true</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>true</DisplayZeroAsNone><NumericAmount>69</NumericAmount><RoundedNumericAmount>69</RoundedNumericAmount><NonNumbericText /><FootnoteIndexer /><CurrencyCode>USD</CurrencyCode><CurrencySymbol>$</CurrencySymbol><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>true</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>rr:NonNegativeMonetaryType</ElementDataType><SimpleDataType>monetary</SimpleDataType><ElementDefenition>The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher SEC

 -Name Form

 -Number N-1A

 -Chapter A

 -Section 3

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</ElementReferences><IsTotalLabel>false</IsTotalLabel><UnitID>2</UnitID><Label>Expense Example, with Redemption, 1 Year</Label></Row><Row FlagID="0"><Id>35</Id><IsAbstractGroupTitle>false</IsAbstractGroupTitle><LabelSeparator>

</LabelSeparator><Level>3</Level><ElementName>rr_ExpenseExampleYear03</ElementName><ElementPrefix>rr_</ElementPrefix><IsBaseElement>false</IsBaseElement><BalanceType>na</BalanceType><PeriodType>duration</PeriodType><IsReportTitle>false</IsReportTitle><IsSegmentTitle>false</IsSegmentTitle><IsCalendarTitle>false</IsCalendarTitle><IsEquityPrevioslyReportedAsRow>false</IsEquityPrevioslyReportedAsRow><IsEquityAdjustmentRow>false</IsEquityAdjustmentRow><IsBeginningBalance>false</IsBeginningBalance><IsEndingBalance>false</IsEndingBalance><IsReverseSign>false</IsReverseSign><PreferredLabelRole>terseLabel</PreferredLabelRole><FootnoteIndexer /><Cells><Cell FlagID="0" ContextID="Context2" UnitID="Unit261"><Id>1</Id><IsNumeric>true</IsNumeric><IsRatio>false</IsRatio><DisplayZeroAsNone>true</DisplayZeroAsNone><NumericAmount>218</NumericAmount><RoundedNumericAmount>218</RoundedNumericAmount><NonNumbericText /><FootnoteIndexer /><CurrencyCode>USD</CurrencyCode><CurrencySymbol>$</CurrencySymbol><IsIndependantCurrency>false</IsIndependantCurrency><ShowCurrencySymbol>true</ShowCurrencySymbol><DisplayDateInUSFormat>false</DisplayDateInUSFormat></Cell></Cells><ElementDataType>rr:NonNegativeMonetaryType</ElementDataType><SimpleDataType>monetary</SimpleDataType><ElementDefenition>The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.</ElementDefenition><ElementReferences>Reference 1: http://www.xbrl.org/2003/role/presentationRef

 -Publisher SEC

 -Name Form

 -Number N-1A

 -Chapter A

 -Section 3

 -Subsection example

 -Paragraph 1

 -Subparagraph 2



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