The objective of the Fund is to track the performance of the Euro-denominated bond market for fixed-rate, investment grade (high quality) securities. The Fund seeks to track the performance of the Bloomberg Euro Aggregate Bond Index (the Index) as closely as possible. The Fund invests primarily in securities included in the Index. These securities include fixed rate, investment grade bonds (denominated in Euros) issued by governments and corporations. As it may be difficult to purchase all securities in the Index efficiently, in seeking to track the performance of the Index the Fund will use a stratified sampling strategy to build a representative portfolio.