The investment seeks investment results that generally correspond to the price and yield of the S&P International Corporate Bond Index. The fund generally invests at least 80% of its total assets in investment grade corporate bonds that comprise the underlying index. The underlying index measures the performance of investment grade corporate bonds issued in the currencies of Group of Ten ("G10") countries, excluding the U.S. Dollar (USD), Australia Dollar (AUD), British Pound (GBP), Canadian Dollar (CAD), Euro (EUR), Japanese Yen (JPY), New Zealand Dollar (NZD), Norwegian Krone (NOK), Swedish Krona (SEK) and Swiss Franc (SFR). It is non-diversified.