Fund assets are primarily invested directly and indirectly in a portfolio of high-yield bonds issued by a company. The majority of the bonds will be rated below investment grade. The bonds involve a high credit risk. In principle, investments in other currencies than EUR will be hedged against EUR.
The objective of the portfolio management is to generate a return over time which is at least in line with the market development - measured by a comparable benchmark return.
The fund may use derivative financial instruments.
ICE BofAML Blended High Yield bonds (Hedged EUR)
The benchmark has applied since: 01.01.2012