2024 © Arevuk Advisory Services Pvt Ltd. Coded with from India
The investment seeks to track the investment results of an index composed of U. S. dollar-denominated, high yield corporate bonds with remaining maturities of less than five years. The fund seeks to track the investment results of the Markit iBoxx® USD Liquid High Yield 0-5 Index, which is designed to reflect the performance of U. S. dollar-denominated high yield corporate debt.
The fund generally invests at least 90% of its assets in the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. .