Anlageziel

The Sub-Fund seeks to achieve a combination of income and capital growth (total return) over the recommended holding period. The Sub-Fund is a financial product that promotes ESG characteristics pursuant to Article 8 of the Disclosure Regulation. The Sub-Fund invests mainly in below-investment-grade bonds (high-yield bonds) that are issued by companies around the world, including emerging markets, and that are denominated in US dollar, euro or any other currency of one of the G7 countries. Specifically, the Sub-Fund invests at least 67% of assets in below-investment-grade corporate bonds that are denominated in euro or in the home currencies of Canada, Japan, the United Kingdom or the United States. Whilst the investment manager aims to invest in ESG Rated securities not all investments of the Sub-Fund will have an ESG rating and in any event such investments will not be more than 10% of the Sub-Fund.