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The investment objective of the Fund is to track the performance of the Bloomberg Global Aggregate Corporate – United States Dollar Index (the “Index”), less fees and expenses. The Index measures the performance of a broad spread of US dollar-denominated bonds paying a fixed rate of interest that are issued by companies. Bonds in the Index have maturities of between one and three years and are generally investment grade. The Fund uses a representative sampling approach, investing in a representative sample of bonds included in the Index to closely match the Index’s capital and income return. The Fund may invest in bonds outside the Index where their risk and return characteristics closely resemble those of the Index constituents. The Fund may use derivatives to reduce risk or cost and/or generate extra income or growth. Income from the ETF shares is paid out.

The Fund employs a passive management approach and seeks to track the performance of the Bloomberg Global Aggregate Corporate – United States Dollar Index. The Index measures the performance of a broad spread of US dollar-denominated bonds paying a fixed rate of interest that are issued by companies, with maturities of between one and three years and generally investment-grade credit quality. The Fund invests in a representative sample of bonds included in the Index to closely match its capital and income return. To a lesser extent, it may invest in bonds outside the Index where their risk and return characteristics closely resemble those of the Index. The Fund's base currency is USD, and income is reinvested in the price of the accumulating shares.