The Sub-Fund aims to track the performance of the Index as closely as possible, regardless of whether the Index level rises or falls, while seeking to minimise as far as possible the tracking error between the Sub-Fund's performance and that of the Index. The Index is comprised of below investment grade, fixed rate corporate debt securities, such as bonds and notes, of varying maturity, issued globally. The components of the Index are selected from the components of the ICE BofAML Global High Yield Index in accordance with the Index's rules-based methodology, geographical exposure may be subject to change over time.