Description

This fund's main objective is to mirror the price appreciation and income yield of the SBI ESG Foreign AAA-BBB 1-5 Total Return Index. It generally accomplishes this through direct investments in the bonds that constitute the index. The SBI Foreign Index itself comprises Swiss franc-denominated debt instruments issued by non-Swiss entities, all possessing credit ratings between AAA and BBB. These securities originate from diverse sectors, including national governments, international organizations, and private corporations. The fund operates under a passive investment strategy.