Objective & Strategy

The investment objective of the Sub-Fund is to achieve long-term income and capital growth. The Sub-Fund invests primarily in bonds issued by governments, institutions or companies that are based in, or earn revenues in, emerging markets. The Investment Manager selects investments by performing fundamental credit analysis of emerging market issuers on both an absolute and a relative basis. The Investment Manager performs both qualitative and quantitative investment analysis focusing on the creditworthiness of the issuers of bonds for potential investment. The Sub- Fund has no restrictions regarding the rating or credit quality of the bonds in which it invests. The Sub-Fund may also invest in bonds issued by governments, institutions or corporations that are based in developed markets. The Sub-Fund may use derivatives for investment purposes, to reduce various risks or for efficient portfolio management. The Sub-Fund is actively managed. Recommended for retail investors With a basic knowledge of investing in funds and no or limited experience of investing in the Sub-Fund or similar funds Who understand the risk of losing some or all of the capital invested Seeking to increase the value of their investment and provide income over the recommended holding period of 6 years This is a non-distributing unit class. Investment income is re-invested. Investors may sell on demand on any business day in Luxembourg.

Documents