AXA WF ACT EM Sh.D.Bds Low Carb. I EUR Hdg

Investment Objective To seek performance, in USD, by investing mainly in short duration debt securities issued in the emerging debt universe over a medium term period. Investment Policy The Sub-Fund is actively managed in order to capture opportunities in emerging short duration bonds market, primarily investing in securities that are part of the index composed of 75% J. P. Morgan Corporate Emerging Market Bond Index Broad Diversified + 25% J. P. Morgan Emerging Market Bond Index Global Diversified (the "Benchmark") universe. The investment manager has broad discretion over the composition of the portfolio and can take exposure to companies, countries or sectors not included in the Benchmark, even though the Benchmark constituents are generally representative of the Sub-Fund's portfolio. The deviation from the Benchmark is likely to be significant. The Sub-Fund invests mainly in transferable debt securities issued by emerging countries governments, corporations, public or private companies and supranational entities in non-local currency, including investment in warrants.The Sub-Fund may invest up to 100% of its net assets in debt securities rated sub-investment grade or unrated (i.e. neither the security itself nor its issuer has a credit rating).The total assets of the Sub-Fund may be invested in or exposed to callable bonds.The Sub-Fund may also invest up to 30% of net assets in subordinated debt securities issued by banks, insurance companies and non-financial corporates.The Sub-Fund may, up to 10%, invest in distressed and defaulted securities, if they are considered to be consistent with the Sub-Fund's objective.The Sub-Fund may invest up to 100% in sovereign debt securities but it is not the current intention that the Sub-Fund will invest more than 10% of its assets in sub-investment grade securities issued or guaranteed by any single country (including its government, public or local authority of that country). The selection of credit instruments is not excl

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No