Description

This fund predominantly invests in sovereign and agency debt instruments from emerging markets. The selection of these bonds is guided by their inclusion in the Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped Index, which is specifically hedged to the Euro. The fund's asset allocation precisely mirrors the weighting of each bond within this benchmark index. The primary goal is to replicate the price and total return performance of the Bloomberg Emerging Markets USD Sovereign & Agency 3% Country Capped Index (EUR-hedged), after deducting all applicable fees. It is important to acknowledge that the market price at which the fund trades on an exchange may diverge from its net asset value. This investment vehicle operates under a passive management strategy.