AXA WF Global Strategic Income A $

Investment Objective The Sub-Fund investment objective is to seek performance by investing in corporate and government bonds and money market instruments issued worldwide over a medium term period. Investment Policy The Sub-Fund is actively managed without reference to any benchmark in order to capture opportunities in global corporate and government bonds issued worldwide.The following investment decisions are undertaken after comprehensive macro and microeconomic analysis of the market:- asset allocation across different types of bonds- duration positioning (duration measures, in number of years, the portfolio's sensitivity to interest rate variations)- geographical allocation- issuer selectionThe Sub-Fund invests mainly (at least two-third of its net assets under normal circumstances) in debt securities (fixed and floating rate investment grade and sub-investment grade transferable debt securities), including inflation-linked bonds, and debt securities issued by governments, public institutions and corporations located anywhere in the world, including emerging markets and in money market instruments. The Sub-Fund may invest up to 100% of net assets in debt securities that are rated Sub-Investment Grade or if unrated, deemed to be so by the Investment Manager. The Sub-Fund may invest up to 25% of net assets in securities issued or guaranteed by a single sovereign issuer that are Sub-Investment Grade.The total assets of the Sub-Fund may be invested in or exposed to callable bonds.The Sub-Fund may invest up to 25% of net assets in subordinated debts(including perpetual bonds, i.e. bonds without a maturity date, up to 15%) issued by banks, insurance companies and non-financial corporates.The Sub-Fund may, up to 10%, hold distressed and defaulted securities as a result of their rating downgrade, if they are considered to be consistent with the Sub-Fund's objective. These securities are expected to be sold within 6 months unless specific events prevent the Investment M

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No