Anlageziel

The Fund seeks total return, maximizing investment income while preserving capital. The Sub-Fund promotes environmental and/or social characteristics but does not have a sustainable investment objective. The Sub-Fund, under normal circumstances, invests: at least two-thirds of its net assets in Euro-denominated credit debt securities rated investment grade at the time of purchase, issued by sovereign or corporate issuers. Investment grade means bearing a credit rating of BBB- and/or Baa3 or equivalent and above from any one of the following credit rating agencies: Standard & Poor’s, Moody’s or Fitch, where an investment is not rated by either Standard & Poor’s, Moody’s or Fitch and where the Investment Manager consults with such other external sources that are available and uses its professional judgement, supported by at least one external opinion that such investment is of investment grade rating.