The objective of BCV CHF Foreign Bonds is to obtain returns, through passive management and excluding fees, equivalent to that of its benchmark index the SBI® Foreign AAA-BBB. The Subfund aims to reduce the tracking error relative to the index using an optimized sampling approach, by methodically selecting a group of securities whose performance will represent that of the index. In any case, the composition of the Subfund's assets may not differ substantially from the index, either in terms of investment sectors or notations. The Subfund invests in Swiss franc denominated worldwide bonds issued by private or public issuers with the exception of Switzerland. The portion allocated to collective investments is limited to a maximum 10% of the Subfund's assets.