BNP Paribas Euro High Conviction Inc. Bond I Cap EUR

This Product is actively managed. The benchmark Bloomberg Euro Aggregate RI is used for performance comparison only. The Product is not benchmark constrained and its performance may deviate significantly from that of the benchmark.The Product seeks to increase the value of its assets over the medium term by implementing a discretionary managed portfolio invested in debt securities while generating regular income. It will be mainly invested in corporate, and government bonds issued in European currencies. The Product may also hold money market instruments for less than 50% of the assets. The Product may be also invested up to 50% of its assets in subordinated debt, including 10% in contingent convertible bonds and may invest up to 10% in structured debt and/or convertible. Investment in currencies other than EUR may not represent more than 15% of the assets. Debt securities may have a minimum rating of BB-/Ba3/BB- (S&P / Moody's / Fitch) or an equivalent rating. High yield bonds may have a maximum rating BB+/Ba1/BB+ to BB-/Ba3/BB- (S&P / Moody's / Fitch) and will not represent more than 20% of the assets. The investment process is based on the economic analysis, the credit risk, the inflation cycles as well as technical elements specific to the fixed income markets such as the objective to maintain the interest rate sensitivity between 0 and 10, the yield curve positioning, the geographical exposures, the target allocation corporate versus government issues, the difference between nominal and real yields. Environmental, social and governance (ESG) criteria contribute to, but are not a determining factor in, the manager's decision making.Incomes are systematically reinvested.Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No