To achieve long term total return by investing at least two-thirds of the Funds assets in fixed interest securities which are Sub-Investment Grade and denominated in Euro and issued by corporations or government related bodies. The Fund is actively managed. The Fund aims to outperform the ICE BofAML Euro High Yield Constrained Index (EUR) benchmark before charges. The benchmark is also used as a reference point for portfolio construction and as a basis for setting risk constraints. In order to achieve its objective, the Fund will take positions whose weightings diverge from the benchmark or invest in securities which are not included in the benchmark.
Fees and Expenses
Fund's portfolio distribution among the different geographical areas.
|United States of America||9,40%|
Fund's investments distribution.
|Altice France Holding 8% 2027||2,00%|
|Garfunkelux Holdco 3 Sa 7.75% 2025||2,00%|
|Virgin Media Vendor Fin 4.875% 2028||1,90%|
|Prestigebidco 6.25% 2023||1,90%|
|Schaeffler Ag 2.875% 2027||1,80%|
|Petroleos Mexicanos 4.75% 2029||1,80%|
|Teva Pharmaceutical Finance 4.5% 2025||1,70%|
|Styrolution 2.25% 2027||1,70%|
|Altice Finco 4.75% 2028||1,70%|
|Enquest 7% 2022||1,60%|
Fund's possitions distribution by the sdctor they belong to.