Description

The fund aims to replicate the returns generated by the Barclays Capital Global Aggregate U.K. Government Bond Index. Its strategy involves passive management, directly tracking this benchmark. The index itself is a market-weighted measure composed of fixed-income securities issued by the UK government, all denominated in British Pounds. This particular index forms a subset of the wider Barclays Capital Global Aggregate Bond Index and covers the complete spectrum of sterling-denominated United Kingdom treasury and government-linked debt instruments with a remaining maturity greater than one year.