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Stocks and Shares ISAObjective
The Share Class is a share class of a Fund which aims to achieve a return on your investment, through a combination of capital growth and income on the Fund’s assets, which reflects the return of the FTSE Group-of-Seven (G7) Government Bond Index, the Fund’s benchmark index (Index). The Share Class also aims to reduce the impact of exchange rate fluctuations between the Fund's underlying portfolio currencies and Sterling on your returns. The Share Class, via the Fund, aims to invest so far as possible and practicable in the fixed income (FI) securities (such as bonds) that make up the Index and comply with its credit rating requirements, combined with foreign currency contracts for currency hedging. If the credit ratings of the FI securities are downgraded, the Fund may continue to hold them until they cease to form part of the Index and it is practicable to sell them. The Index measures the performance of bonds issued or guaranteed by governments in the G7 countries. These bonds will have at least one year remaining until maturity (i.e. the time until which they become due for repayment). The bonds will, at the time of inclusion in the Index, be investment grade (i.e. meet a specified level of creditworthiness). These may include the strategic selection of certain securities that make up the Index orother FI securities which provide similar performance to certain constituent securities. These may also include the use of financial derivative instruments (FDIs) (i.e.investments the prices of which are based on one or more underlying assets).
- Leverage -
- Currency hedgingNo