Description

The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg Global Aggregate Float Adjusted and Scaled Index (the “Index”).The Fund invests in a representative sample of bonds included in the Index in order to closely match the Index’s capital and income return.The Index includes investment-grade and government bonds from around the world with maturities greater than one year.To a lesser extent the Fund may invest in similar types of bonds outside the Index.