The investment seeks to provide, at the end of the current Outcome Period, returns that track the share price returns of the iShares ® MSCI EAFE ETF (the 'Underlying 'ETF') that are in excess of the Spread in positive market environments, while providing downside protection with a Buffer against the first 15% of Underlying ETF losses. Under normal market conditions, the fund invests at least 80% of its net assets in instruments with economic characteristics similar to equity securities. It is non-diversified.