The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the Markit iBoxx GBP Corporates 0-5 Index. The Index measures the performance of the Sterling-denominated, fixed rate, investment grade corporate bonds with an expected remaining time to maturity of between 0 and 5 years. Only bonds with an average rating of investment grade and a minimum amount outstanding of 100 million are eligible for the Benchmark Index.