Amundi F. Euro High Yield Bond M EUR

The Sub-Fund is a financial product that promotes ESG characteristics pursuant to Article 8 of the Disclosure Regulation.To achieve a combination of income and capital growth (total return).The Sub-Fund invests at least 67% of assets in below-investment-grade bonds that are denominated in euro. The Sub-Fund makes use of derivatives to reduce various risks, for efficient portfolio management and as a way to gain exposure (long or short) to various assets, markets or other investment opportunities (including derivatives which focus on credit and interest rates). The Sub-Fund may use credit derivatives (up to 40% of net assets).Benchmark : The Sub-Fund is actively managed by reference to and seeks to outperform the ML European Curr H YLD BB-B Rated Constrained Hed Index. The Sub-Fund is mainly exposed to the issuers of the Benchmark, however, the management of the Sub-Fund is discretionary, and will be exposed to issuers not included in the Benchmark. The Sub-Fund monitors risk exposure in relation to the Benchmark however the extent of deviation from the Benchmark is expected to be material. The Sub-Fund has designated the Benchmark as a reference benchmark for the purpose of the Disclosure Regulation.Management Process : The Sub-Fund integrates Sustainability Factors in its investment process as outlined in more detail in section 'Sustainable Investment' of the Prospectus. The investment team analyses interest rate and economic trends (top-down) to identify geographic areas and sectors that appear likely to offer the best risk-adjusted returns. The investment team then uses both technical and fundamental analysis, including credit analysis, to select sectors and securities (bottom-up) and to construct a highly diversified portfolio. The Sub-Fund seeks to achieve an ESG score of its portfolio greater than that of its Benchmark.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No