The fund's objective is to achieve returns higher than EURIBOR 1-month, measured over a rolling 3 - 5 years period. This index is not used for portfolio construction but for performance measurement purposes only. The fund is actively managed. The fund invests in a diversified portfolio of mainly fixed income instruments and aims to generate returns from dynamic asset allocation decisions and security selection. The fund mainly invests in investment and non-investment grade corporate and sovereign bonds in both developed and emerging markets but can also invest in other fixed income instruments such as, but not limited to, covered bonds and asset backed securities.

The investments in investment grade fixed income investments, money market instruments and cash or cash equivalents will be at least 50% of the net assets. When selecting investments, we analyse, maintain and update the credit rating of future investments and ensure that the average rating of the portfolio is BBB - or better. The fund uses derivatives and can take long and short positions (short positions via derivative instruments only) in order to achieve its objectives. In order to control the risk in the fund, we apply strict risk monitoring measures. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings.