Description

The primary objective of this fund is to replicate the performance of the Bloomberg U.S. Aggregate Float Adjusted Index. This benchmark is composed of a diverse collection of publicly issued, investment-grade, and taxable fixed-income securities originating from the United States. Its holdings include government bonds, corporate debt, international bonds denominated in U.S. dollars, and various structured products such as mortgage-backed and asset-backed securities, all with remaining maturities greater than one year. The fund's investments are chosen using a sampling approach, ensuring that at least 80% of its total assets are allocated to bonds present in the underlying index.