The aim is for the investment to reflect the performance of the Bloomberg Barclays Euro Covered Germany Bond Index (Index). The Index aims to reflect the performance of fixed-rate, investment grade euro-denominated covered bonds issued by German entities. Covered bonds are bonds that are secured by a pool of assets in case of default of an issuer. To be included in the Index, the bonds must i) be issued by German entities and ii) be deemed investment grade by major rating agencies. Certain other election criteria may also be considered such as minimum amount outstanding and minimum remaining time to maturity. The Index is calculated on a total return basis, which means that amounts equivalent to interest payments are reinvested in the Index. The Fund will attempt to replicate the Index by buying a portfolio of securities that may comprise the constituents of the Index or other unrelated investments.