Industry description
The investment seeks to track the investment results of the Bloomberg Intermediate U.S. Aggregate Index (the "underlying index").
The underlying index includes U.S. Treasury bonds, government-related bonds (i.e., U.S. and non‑U.S. agencies, sovereign, quasi-sovereign, supranational and local authority debt), U.S. and non‑U.S. corporate bonds, mortgage-backed pass-through securities (“MBS”), commercial mortgage-backed securities (“CMBS”) (agency and non‑agency), and asset-backed securities (“ABS”). U.S. Treasuries, government-related bonds and corporate bonds must have at least $300 million par amount outstanding.