The Sub-Fund aims to achieve a long-term return in excess of Bloomberg Euro Corporate 1-5 Year Index (the Benchmark) by actively investing primarily in a portfolio of short term investment grade Euro denominated corporate debt securities. The Sub-Fund aims to invest at least 67% of its assets (excluding assets held for ancillary liquidity purposes) in short term investment grade Euro denominated corporate debt securities. Issuers of these securities may be located in any country, including emerging markets.