Anlageziel

The investment objective of the Fund is to provide Shareholders with a total return, taking into account both capital and income returns, which reflects the total return of the iBoxx Sterling Non-Gilt Index, the Fund’s Benchmark Index. In order to achieve this objective, the investment policy of the Fund is to invest in the fixed income securities that predominantly make up the Fund’s Benchmark Index which comprises Sterling denominated bonds excluding UK Gilts. The Fund’s investments will normally be listed or traded on Regulated Markets in the UK and European Union, but may alternatively be listed or traded on other Regulated Markets.