The fund seeks to provide returns consistent with the performance of its benchmark index, a Barclays market-weighted bond index of pound sterling, investment-grade bond market, excluding government bonds with an intermediate-term weighted average maturity. The fund employs a passive management - or indexing - strategy designed to track the performance of the index. This market-weighted index is designed to reflect the total universe of the GBP denominated investment-grade fixed-income securities excluding government and government related-securities. All issues have a maturity of greater than one year.
- United Kingdom