The fund is a passively-managed ETF, which aims to achieve the total return performance of the Bloomberg MSCI Global High Yield Liquid Corporate Climate Transition ESG Bond Index, less fees, expenses and transaction costs. The Index is designed to measure the performance of global high yield, fixed rate debt securities issued by corporate issuers across developed and emerging markets, adjusted based upon certain ESG metrics, which seek to increase overall exposure to those issuers demonstrating a robust ESG profile, whilst meeting the minimum standards for EU Climate Transition Benchmarks. This product is based overseas and is not subject to UK SDR Rules. Sustainability-related information is available on the issuer’s website.