The ETF will invest at least 80% of its net assets in a global portfolio of short duration fixed income instruments. The ETF primarily invests in investment grade debt securities. Such investments may be across multiple sectors including certificates of deposit, treasury bills, government & government-related bonds (both fixed and floating rate), commercial paper, corporate bonds (both fixed and floating rate) and, to the extent set out below, ABS/MBS, with a focus on developed markets. The Fund is actively managed and does not seek to replicate the composition or performance of the Index Benchmark.