Description

This Fund aims to mirror the returns of the Barclays Capital Global Aggregate U.K. Non-Government Bond Index. It employs a passive, index-tracking strategy to achieve this objective. The benchmark index is market-weighted and represents the universe of investment-grade, non-government bonds issued in pound sterling, characterized by an intermediate-term weighted average maturity. Specifically, this index encompasses all non-government, investment-grade, sterling-denominated fixed-income instruments with maturities exceeding one year.