Anlageziel

The aim is for your investment to achieve before fees and expenses an excess return over a benchmark reflecting the performance of EUR-denominated, sub-investment grade (with a rating of less than Baa3/ BBB-) corporate debt securities. The Sub-Fund is an Actively Managed Fund. The Sub-Fund has designated the ICE BofA Euro High Yield Constrained Index as the performance benchmark (the "Performance Benchmark"). Even though the Sub-Fund composition may differ from the Performance Benchmark composition, the Sub-Fund does not target any particular level of outperformance of the Performance Benchmark. Investors should note that any outperformance may be minimal, may be negatively impacted by fees and may ultimately be unachievable.