The fund is an exchange traded fund (ETF) that aims to track the performance of the Barclays Italy Treasury Bond Index as closely as possible. The ETF invests in physical index securities. The Barclays Italy Treasury Bond Index offers exposure to Euro denominated Italian government bonds, with credit ratings that are the same as the country rating. In addition, only bonds with a minimum remaining time to maturity of one year and a minimum amount outstanding of €300 million are included in the index.