This exchange-traded fund (ETF) aims to provide investors with a return that closely matches the performance of a specific index, focused on the short-term investment-grade corporate bond market within the Eurozone. It utilizes a methodology that incorporates a "Paris-Aligned" climate strategy, striving to align its holdings with the goals of the Paris Agreement on climate change. This means the underlying bonds are selected based on criteria designed to promote a transition towards a lower-carbon economy, specifically aiming for a significant reduction in greenhouse gas emissions compared to a broader market benchmark. The fund invests primarily in bonds denominated in Euro and issued by companies that meet the required investment-grade credit ratings. Crucially, the fund is denominated in British Pounds and employs a hedging strategy to mitigate the impact of fluctuations in the exchange rate between the Euro and the British Pound, thereby reducing currency risk for investors whose base currency is GBP. The "Ultrashort" aspect refers to the target bond maturities, meaning the fund focuses on holding bonds with very short terms until maturity, generally resulting in lower duration and interest rate sensitivity than typical bond funds. The "Acc" designation in its name indicates that the fund reinvests any income generated from the underlying bonds back into the fund, rather than distributing it to investors as a regular dividend. The objective, therefore, is to offer investors access to a portfolio of short-term, investment-grade, Euro-denominated corporate bonds which meet Paris-Aligned climate criteria, while reducing both currency risk for UK investors and offering potential for income and capital growth through reinvestment, all within the risk characteristics of short-term instruments.