Anlageziel

The sub-fund aims to provide long term total return by investing in a portfolio of corporate bonds seeking a higher environmental, social and governance (“ESG”) rating and lower carbon intensity, than its reference benchmark Bloomberg Global Aggregate Corporates Diversified Hedged USD (the “Reference Benchmark”), while promoting ESG characteristics within the meaning of Article 8 of SFDR. The sub-fund invests in normal market conditions a minimum of 70% of its net assets in:  Investment Grade rated fixed income and other similar securities issued by companies meeting certain ESG rating and lower carbon intensity criteria (“ESG and Lower Carbon Criteria”). The sub-fund will invest in developed markets. Investments will be primarily denominated in developed market currencies. The sub-fund may also invest up to 10% of its net assets in Emerging Market bonds.