Eleva Euro Bonds Strategies I Cap EUR

The Sub-Fund seeks to achieve the highest total return offered by the Euro denominated bonds market, while outperforming, net of fees, the reference benchmark Bloomberg Euro Aggregate Index, over a 3-year period, through an active investment strategy, and is not managed in reference to a benchmark. The portfolio is managed with a total return mindset to participate in rising markets, while implementing a defensive approach, by hedging the portfolio to market risks, in declining markets. The Sub-Fund promotes a combination of ESG characteristics, integrates binding ESG criteria in its investment strategy and falls under Article 8 of SFDR. The main non-financial objective of Sub-Fund is to invest in companies, sovereign, quasi-sovereign and supra-national issuers with good ESG practices (i.e. best in universe) or that are on an improving path regarding ESG practices (i.e. best efforts) while excluding companies that would not have a minimum absolute ESG score. The methodology used for ESG selectivity is the following: the weighted average ESG score of the Sub-Fund long pocket has to be higher (i.e. better) than the average ESG score of its initial investment universe. The Management Company will seek to achieve the investment objective through a combination of an overall duration positioning along with relative value strategies. The Sub-Fund will predominantly invest in Euro denominated bonds and other debt securities of private, public and semi-public issuers worldwide based, without any restrictions to respective sector exposures. The bonds and other debt securities, to which the Sub-Fund will be exposed, may be of a non-speculative ('Investment Grade') or a speculative ('High Yield' or 'Non Rated') nature, and be of various geographical locations within the limits described below and in the prospectus. They may have fixed or variable rates and include, without limitation, index-linked, subordinated, distressed, callable and covered debt securities. Subordinated deb

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No