Anlageziel

The Fund aims to provide a total return (capital growth plus income) of the Benchmark plus 0.75% (gross of fees per annum), over any five-year period while applying ESG Criteria. The Fund invests at least 70% of its Net Asset Value in EUR-denominated Investment Grade corporate bonds, Asset-Backed Securities and preference shares. The Fund may invest up to a maximum of 20% of its Net Asset Value in Asset Backed Securities. Issuers of these securities may be located in any country, including Emerging Markets. The Fund does not take currency views and aims to hedge any non-EUR assets back to EUR. The Fund may invest up to 15% of its Net Asset Value in below Investment Grade debt securities. The Fund may invest in Convertible Bonds including up to 10% of its Net Asset Value in Contingent Convertible Debt Securities.