USD Corporate Bond UCITS ETF

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 Corporate – United States Dollar 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 measures the performance of a broad spread of US dollar denominated bonds paying a fixed rate of interest which are issued by companies. Bonds in the Index have maturities of greater than one year and generally investment grade. To a lesser extent the Fund may invest in similar types of bonds outside the Index.