The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the Bloomberg U.S. Intermediate Credit Bond Index (Total Return). In order to achieve this investment objective, the investment policy of the Fund is to invest in a portfolio of fixed income securities that as far as possible and practicable consists of the component securities of the Bloomberg Barclays U.S. Intermediate Credit Bond Index (Total Return), this Fund’s Benchmark Index.