Performance funds/ETFs

The fund will take proportionate exposure on the components of the Solactive UBS Global Multilateral Development Bank Bond USD 25% Issuer Capped Index (Total Return) either through direct investments in all or substantially all of the component securities and/or through the use of derivatives in particular where it may not be possible or practicable to replicate the index through direct investments or in order to generate efficiencies in gaining exposure to the index.