Description

This sub-fund aims to mirror, before any charges, the capital growth and income generation of the Bloomberg Global Japan Treasury 1-3 Year Index (Total Return). This benchmark specifically comprises fixed-rate, JPY-denominated government debt from Japan, with maturities ranging from one year up to (but not including) three years. The fund's portfolio will be constructed from the underlying securities of its index. Additionally, certain share classes utilize currency hedging to mitigate the effects of exchange rate movements between their reporting currency and the index's currency. The management of this fund follows a passive strategy.