Objectives
The objective of this fund is to achieve above-market performance. The share class is accumulating.
Investment policy
The fund invests mainly in below investment grade (high yield) corporate bonds from anywhere in the world, including emerging markets, that are denominated in Euro (EUR) and issued by companies that have a positive or an improving ESG (environment, social and governance) profile.
The fund promotes various environmental and social characteristics and good governance practices through a commitment to systematically identify and address sustainability factors throughout the investment management processes and through active ownership.
This fund is not a sustainable investment product as described in Article 9 of the Sustainable Finance Disclosure Regulation (SFDR, Regulation (EU) 2019/2088).
While the fund invests mainly in below investment grade bonds, it may invest up 50% of net assets in bonds with a minimum rating of Baa3/BBB- (or similar).
In actively managing the fund’s portfolio, the management team selects securities that appear to offer superior investment characteristics.
The fund generally expects that its holdings, and therefore its performance, may differ significantly from those of the benchmark.
The fund may use derivatives for hedging and efficient portfolio management, as well as for investment purposes.
The total duration, including cash, is the benchmark duration plus or minus 2 years.
Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 3 years.
