The fund aims for inflation protected income through CAD-denominated real return bonds. The index holds fixed income securities generally issued or guaranteed by the Government of Canada but excludes agency/crown corporations and supranational entities. Securities are market-value-weighted and have maturities of greater than on year. The index is rebalanced daily. The fund invests in semi-annual pay bonds and aims to hold securities in parallel proportions as they are reflected in the index. The Manager may also opt to use a sampling strategy, which uses quantitative analysis to select bonds that resemble index constituents in terms of key risk factors, performance attributes, industry weightings, market capitalization and other appropriate financial characteristics.