AXA WF Asian Short Dur. Bonds E DisQ EUR Hdg

Investment Objective The Sub-Fund's investment objective is to seek performance by investing at least two thirds of its total assets in debt securities issued in the Asian fixed income market over a medium term period. Investment Policy The Sub-Fund is actively managed without reference to any benchmark.The Sub-Fund is managed in order to capture opportunities in debt securities issued in the Asian fixed Income market.The following investment decisions are undertaken after comprehensive macroeconomic and microeconomic analysis of the market:- geographical allocation- duration positioning (duration measures, in number of years, the portfolio's sensitivity to interest rate variations)- yield curve positioning (the yield curve illustrates the relationship between investment term and bond yield)- issuer selectionThe Sub-Fund invests at least two thirds of its total assets in transferable debt securities issued by Asian countries' governments, corporations, public or private companies and supra national entities in hard currency (hard currencies are globally traded major currencies). The Sub-Fund will invest in transferable debt securities mainly rated investment grade. The Sub-Fund may also invest in such transferable debt securities rated sub-investment grade. The Investment Manager anticipates that the average duration of the Sub-Fund will generally be three years or less. The Sub-Fund may invest up to 100% in sovereign debt securities but it is not intended that the Sub-Fund will invest more than 10% of its net asset value in securities issued by or guaranteed by any single country (including its government, a public or local authority of that country) with a credit rating below investment grade (as defined below).The total assets of the Sub-Fund may be invested in or exposed to callable bonds and up to 50% of its net assets to subordinated debts (including perpetual bonds) issued by banks, insurance companies and non-financial corporates.The Sub-Fund may invest up t

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No