The investment objective of the Portfolio is to produce high total return through a combination of income and capital appreciation. The Investment Manager expects that, at any time, no less than 50% of the Portfolios net assets will be invested in corporate high yield debt obligations rated below Investment Grade debt (at time of purchase). At least two-thirds of the Portfolios net assets will be invested in a combination of these below Investment Grade debt securities and those Investment Grade debt securities the Investment Manager deems to possess desirable high yielding characteristics and/or potential for high overall total return (at time of purchase). At all times at least 85% of the Portfolios holdings will be denominated in or hedged to European currencies.
Fees and Expenses
Fund's portfolio distribution among the different geographical areas.
|United States of America||13,75%|
Fund's investments distribution.
|Grifols Escrow Issuer Sa 3.875%, 10/15/28||1,69%|
|Intrum Ab 3.00%, 09/15/27||1,53%|
|Lorca Telecom Bondco Sa 4%, 09/18/27||1,37%|
|Schaeffler Ag 3.375% 10/12/28||1,23%|
|Ziggo Bond Co Bv 3.375% 02/28/30||1,08%|
|Altice France Sa/france 5.875%, 02/01/27||1,05%|
|Netflix Inc 3.625% 06/15/30||1,03%|
|Iqvia Inc 2.25% 03/15/29||1,02%|
|Techem Verwaltungsgesellschaft 2.00% 07/15/25||0,99%|
|Nidda Healthcare Holding 3.50% 09/30/24||0,99%|
Fund's possitions distribution by the sdctor they belong to.
|Corporates (non Investment Grade)||89,63%|
|Corporates (investment Grade)||4,93%|
|Emerging Corporate Bonds||2,00%|