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 issued by companies that have a strong sustainability profile within Environment, Social and Governance issues and integrate a sustainability awareness in relation to climate change and CO2 emissions. Each bond issuer must comply with international principles for sustainable investments and controversial sectors are non-investable.

At least 75% of the sub-fund's assets invested in bonds must have a quality corresponding to a credit rating of Baa3/BBB- or higher.

The total modified duration of the fund, including cash, is from 0 to the benchmark duration plus 2 years.

In actively managing the fund's 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. The fund may take short positions through derivatives. The fund may use credit default swaps with or without underlying assets.

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.