The investment objective of the fund is to track the performance of the Markit iBoxx USD Liquid Asia ex-Japan Corporates Large Cap Investment Grade Index. The Index reflects the performance of investment grade and US Dollar denominated tradable debt (bonds) issued by Asian issuers outside Japan (the list of the countries, currently included in the Index - which contains a significant proportion of emerging market countries - is available on www.markit.com) that meet specific maturity, credit quality, amount outstanding and liquidity requirements.