The investment objective of the Fund is to provide exposure to highly rated Euro and/or US Dollar-denominated corporate bonds with short duration, excluding bank issuers. The Fund is a passively managed exchange traded fund that aims to track the performance of the J.P. Morgan Global Credit Index (GCI) Ultra Short ex Banks 2% Issuer Capped Index (the Index), subject to the deduction of the ongoing charges and other costs associated with operating the Fund. The Fund promotes a range of environmental and social characteristics which are met by tracking the Index.