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ENHANCED ULTRA SHORT TERM BOND SRI FAM FUND

ISIN

IE000QGTAYZ8

NAV Price

105.213

1 Day %

0.0542

YTD %

0.7006

NAV Date

2024-02-15

NAV Currency

EUR

Launch Date

2022-02-18

Share Class

Accumulation


Objective & Strategy

Objectives and Investment Policy The investment objective is to provide a total return (income and capital growth) over a minimum twelve-month investment period in excess of its Benchmark (see below for Benchmark composition). The Fund will primarily be exposed to Euro denominated Investment Grade Debt Instruments and Money Market Instruments issued by governments and their agencies and corporations. Under normal market conditions, the Investment Manager will seek to invest up to 110% of the Fund’s assets in a diversified portfolio of Euro denominated Debt Instruments of varying maturities. Up to a maximum of 50% of the Fund’s Net Asset Value may be invested in Debt Instruments and Money Market Instruments denominated in non- OECD country currencies. The Fund’s exposure to emerging markets will be limited to 10% of the Fund’s Net Asset Value. The Investment Manager anticipates that the average interest rate duration of the Fund’s portfolio will range from less than 1 year and greater than 2 years under normal market conditions. No more than 10% of the Fund’s Net Asset Value may be invested in units or shares of other collective investment schemes. Other than permitted investment in unlisted securities and OTC FDIs, as listed in the supplement (for the purpose of investment, efficient portfolio management and hedging), the Fund’s investments will be limited to securities that are traded on the markets listed in Schedule I of the Prospectus. The Fund may also engage in Securities Lending and enter Repurchase/Reverse Repurchase Agreements. The word “Enhanced” in the Fund’s name refers to the fact that the Fund is designed with the aim of providing a higher risk adjusted return than similar short term bond sub-funds of the ICAV that are managed by the Investment Manager due to the Fund being managed within a less restrictive modified duration range. The Investment Manager uses a combination of top-down allocation and bottom-up selection and it also takes environmental, social and corporate governance (“ESG”) aspects into account. There can be no guarantee that the investment objective will actually be attained. Investors can redeem their Shares fully or partially on any Business Day in Luxembourg. SFDR Classification: The Fund is classified as an Article 8 financial product under SFDR. For more detailed information on the ESG components of the Sub-Fund as well as the integration of sustainability risks into the investment decision process, please refer to the supplement and to the prospectus. Benchmark Information: The Fund is actively managed. The Investment Manager has selected a benchmark composed of 80% Euro Short-Term Rate (€STR) and 20% ICE BofA 1-3 Year Euro Corporate Index that will be used as a comparison for investment performance only. The Investment Manager does not intend to replicate the composition of the benchmark and may at all times exercise total freedom by investing in securities which are not included in the referenced benchmark or which are present in different proportions.


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