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The aim is for the investment to reflect the performance of the IBOXX $ TREASURIES 1-3 { {®}} index (Index). The Index reflects the performance of tradable debt (bonds) denominated in US Dollars issued by the US government. The composition of the Index is rebalanced according to a pre-set methodology. For bonds to be included in the Index they must have a minimum maturity of 18 months when they are issued, and, on the relevant rebalancing date, have a remaining time to maturity of at least one year and up to three years. All bonds require a minimum amount outstanding of USD 1 billion in order to be eligible for the Index. The Index is calculated on a total return basis, which means that amounts equivalent to interest payments on the bonds are reinvested in the Index. The Fund will attempt to replicate the Index by buying a substantial number of the bonds in the Index in the same proportion as the Index.