Description

This fund aims to mirror, before deducting expenses, the price appreciation and income returns of the Bloomberg Euro Area Liquid Corporates 1-5 Year Total Return Index. It achieves this by allocating capital to the debt securities that make up the underlying index, thereby offering exposure to high-grade, Euro-denominated corporate bonds. These bonds are issued by companies operating in the financial, industrial, and utility sectors within the Eurozone. The fund operates under a passive management strategy.