Objectives
The objective of this fund is to achieve above-market performance. The share class is accumulating.
Investment policy
The fund invests in inflation-linked bonds primarily issued by OECD-countries or guaranteed by one or more OECD-countries. The bonds are listed or traded on an official stock exchange or another recognized market place.
The investment strategy is active. The fund invests mainly in investment grade bonds. The currency risk is limited since the fund aims to hedge currency risks of non-euro denominated investments. The total duration of the fund, incl. cash holding will be the benchmark duration plus/minus 2 years.
At least 90% of the funds investments must be denominated in or hedged to EUR.
The duration indicates among others the price risk of the bonds in which the fund invests. The lower the duration, the more price stable the bonds, if interest rates change.
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.
Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 3 years.
