Objectives
The objective of this fund is to achieve above-market performance. The share class is accumulating.
Investment policy
The fund invests mainly in corporate bonds from issuers in the OECD that have a strong sustainability profile or an improving sustainability profile as defined by Environment, Social and Governance (ESG) criteria, including climate change and greenhouse gas emissions.
Specifically, the fund invests at least two-thirds of net assets in corporate bonds that are traded on a regulated market and are issued in OECD countries by companies or credit institutions that comply with international principles for responsible investments and are not active in sectors such as controversial weapons, alcohol and pornography. To a small extent, the fund may invest in other debt instruments that are traded on a regulated market and are issued in OECD countries.
The total modified duration, including cash, is from 0 to the benchmark duration plus 2 years.
In actively managing the funds portfolio, the management team selects securities that appear to offer superior investment characteristics.
The fund may use derivatives for hedging and efficient portfolio management, as well as for investment purposes.
At least 90% of the fund assets should be invested in bonds denominated in or hedged to EUR.
The main part of the share class' NAV will be hedged against the base currency of the fund. However, the share class remains exposed to the currencies of the investments in the fund.
Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 3 years.
