X II Global Infl-Lnkd Bd ETF 5C - XGIU

The aim is for the investment to reflect the performance of the Bloomberg Barclays World Government Inflation-Linked Bond Index EUR Hedged (Index) which provides exposure to the Bloomberg Barclays World Government Inflation-Linked Bond Index (Underlying Index) as adjusted by transactions whose aim is to reduce the effect of the exchange rate fluctuations between the currency of the index components and the Euro (currency hedging). The Underlying Index aims to reflect the performance of inflation-linked tradable debt (bonds) issued by governments from certain developed markets. To achieve the aim, the Fund will attempt to replicate the Index by i) buying a portfolio of securities that may comprise the constituents of the Index or other unrelated investments, and ii) entering into financial contracts (derivatives) which attempt to reduce the impact of exchange rate fluctuations between the currency of the index components and the Euro.