TARGET CHINA COUPON 2026 FAM FUND
1 Day %
Objective & Strategy
The Investment Objective of the Sub-Fund aims to provide Shareholders with (i) a positive return at the Maturity Date linked to the performance of a basket of Chinese equity indices and (ii) a Dividend on each Dividend Payment Date. In order to achieve its Investment Objective, the Sub-Fund may invest either directly or indirectly in Equity Instruments of European and/or North American companies and Debt Instruments, including government and/or corporate bonds with a preference for Investment Grade government bonds issued by issuers located in any country and/or Investment Grade/non-Investment Grade Debt Instruments (including subordinated and non-subordinated debt securities) issued by credit institutions and/or insurance companies authorised to operate in the European Union and/or the European Economic Area, the United Kingdom, and/or the United States of America. The Fund will then enter into certain Financial Derivative Instruments (“FDI”) which may include equity swaps and/or total return swaps which may provide an exposure to equity indices comprising large cap and mid to small-cap Chinese equities. The Fund may also engage in the use of forwards and Credit Default Swaps. The Fund may also engage in securities lending for efficient portfolio management purposes and may use additional FDI to those described in the investment policy section of the Fund for investment purposes, hedging and risk reduction. This KIID should be read in conjunction with the section entitled “Definitions” in the Prospectus and in the Sub-Fund Supplement. Benchmark Information: The Sub-fund is actively managed. The Investment 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 basis for the value-at risk (“VaR”) calculations. The selected Benchmark is composed of 60% CSI 300 Index, 15% CSI 500 and 25% Bloomberg Barclays Euro Aggregate 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 and investors are explicitly warned that this Sub-Fund is not a capital guaranteed product. Investors can redeem their Shares on any business day in Luxembourg. Investors can ask for full or partial redemption of the Shares held. Recommended for retail investors For investors who can afford to set aside capital for the recommended holding period of 5 years. Seeking income over the recommended holding period of 5 years. Who understand the risk of losing some or all of the capital invested. This Fund may not be appropriate for investors who plan to withdraw their money within the recommended holding period of 5 years. This is a distributing unit class.