X II Eurozone Government Bd 15-30 ETF 1C - X15E

The aim is for the investment to reflect the performance of the IBOXX € SOVEREIGNS EUROZONE 15+ { {®}} index (Index). The Index reflects the performance of tradable debt (bonds) denominated in Euro or pre-Euro currencies issued by Eurozone-governments. The composition of the Index is rebalanced according to a pre-set methodology. For bonds to be included in the Index, they must, on the relevant rebalancing date, have a remaining time to maturity of at least 15 years. The bonds must have a fixed rate of interest and must be part of an issue of debt which has at least €1 billion in principal outstanding. The Index is calculated on a total return basis, which means that amounts equivalent to interest payments on the bonds are reinvested in the Index. The Fund will attempt to replicate the Index by buying a substantial number of the bonds in the Index in a similar proportion as the Index.