The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the ICE 2027 Maturity US Treasury UCITS Index. The Index is designed to measure the performance of US Treasury notes and bonds which mature between 01/01/27 and 02/12/27, inclusive. To be eligible for inclusion in the Index, securities must have a fixed coupon schedule and an amount outstanding, excluding amounts held in the Federal Reserves SOMA account of at least $1 billion.