The investment objective of the Fund is to seek to track the performance of the short-dated, fixed-rate, investment-grade U.S. Dollar-denominated corporate bond market. The investment policy of the Fund is to track the performance of the Index as closely as possible, while seeking to minimise as far as possible the tracking difference between the Fund’s performance and that of the Index. The Index measures the performance of the short dated, investment grade U.S. corporate bond market.