Description

This fund aims to replicate the total return (capital appreciation and income), before fees, of its benchmark, the J.P. Morgan USD EM IG ESG Diversified Bond Index. This underlying index is designed to measure the performance of a diversified collection of US Dollar-denominated, investment-grade fixed and floating-rate debt instruments. These bonds are issued by sovereign, quasi-sovereign, and corporate entities in emerging markets. The fund will hold the same securities that make up this index and is managed passively.