Description

This fund typically allocates at least 80% of its capital to bonds included in the Bloomberg U.S. 5-10 Year Treasury Bond Index. Its average maturity, calculated on a dollar-weighted basis, is generally expected to range from three to ten years, aligning with the characteristics of its benchmark index. To mirror the performance of the Bloomberg U.S. 5-10 Year Treasury Bond Index, the fund's advisor utilizes statistical sampling. This approach considers factors such as duration, maturity, sensitivity to interest rate shifts, security structure, and credit quality, enabling the replication of index returns with a more focused selection of securities.