Objective & Strategy

The investment objective of the Sub-Fund is to achieve capital growth over the medium to long term. The Sub-Fund will invest at least 80% of its assets in bonds issued by European governments or European supranational agencies which are categorized as Inflation Linked Bonds. ("ILBs"). The Sub-Fund has the ability to invest up to 20% in bonds (not categorised as ILBs) issued by corporate entities domiciled in the European Union. The Sub-Fund may also invest up to 20% in bonds (not categorised as ILBs) issued by non-European government, supranational and/or corporate issuers. The Manager selects the bonds to be acquired by focusing on bottom-up issuer selection analysis. The Manager’s government and corporate bond analysis provides a fundamental assessment of a country or company’s financial health. This involves assessing the probability of losses being accrued, the bond issuers defaulting on the payment of interest and the performance outlook for such bonds. The Sub-Fund may use derivatives for investment purposes, to reduce various risks or for efficient portfolio management. Benchmark Information: The Sub-fund is actively managed. The Manager, considering the degree of representativeness of the underlying markets and their liquidity, strategically selects a benchmark (the “Benchmark”) appropriate to the Sub-Fund’s investment policies, which is used as performance comparison. The selected Benchmark is Bloomberg Euro Government Inflation-Linked Bond Index. The Sub-fund does not aim to track or replicate the performance of the Benchmark and therefore investors should be aware that the Sub-fund may underperform the Benchmark. There can be no guarantee that the investment objective will actually be attained. Investors can redeem their Shares on any business day in Luxembourg. Investors can ask for full or partial redemption of the Shares held. SFDR Classification: The Sub-Fund is classified as an Art. 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 ICAV prospectus. 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 who are willing to accept a medium level of volatility
■ This Sub-Fund may not be appropriate for investors who plan to withdraw their money before 3 years. This is a non-distributing unit class. Investment income is re-invested. Investors may sell on demand on any business day in Luxembourg.

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