This fund primarily allocates its assets, typically well over 80% of its total value, to the securities comprising its benchmark index. That index is crafted to largely replicate the characteristics of its foundational counterpart, the J.P. Morgan EMBI Global Diversified Sovereign Index. Consequently, the fund offers broad exposure to sovereign debt markets within emerging economies, incorporating environmental, social, and governance (ESG) considerations. It operates as a non-diversified investment vehicle.