Benchmark: S&P Global Developed Aggregate Ex-Collateralized Bond Index (USD)
The S&P Global Developed Aggregate Ex-Collateralized Bond Index (USD) tracks the performance of investment-grade fixed income securities issued in developed markets, excluding collateralized instruments such as mortgage- and asset-backed securities. It includes government, corporate, and other non-collateralized debt instruments.
A world bond strategy that allocates 40% or more to foreign debt, primarily from developed markets. May include up to 20% in lower-quality bonds. Seeks income.