Schroder Global Investment Grade Corporate Bond Active UCITS ETF is an actively managed exchange-traded fund that focuses on global investment grade corporate bonds. Its primary objective is to deliver both income and capital growth that exceed the performance of the Bloomberg Global Aggregate Corporate Index (hedged to USD), after fees have been deducted. Rather than passively tracking an index, this fund utilizes a bottom-up approach, identifying opportunities by seeking mismatches between market prices and the intrinsic value of securities within the global investment grade credit universe. The ETF invests a minimum of two-thirds of its assets in fixed and floating rate securities issued by governments, supranationals, and corporations worldwide, with a limit of up to 20% in emerging markets exposure. The portfolio typically holds between 100 and 150 diversified individual securities, providing broad geographic and sectoral diversification. Designed for investors seeking access to a flexible bond strategy in a liquid, transparent ETF format, this fund leverages Schroders’ extensive credit expertise and active management to adapt dynamically to changing market conditions. Its role in the market is to offer an alternative to traditional passive bond ETFs, aiming for outperformance while maintaining the transparency and daily liquidity characteristic of ETFs.