BG Coll. Inv. Muzinich Target Date A Dis EUR

The Fund seeks to provide capital preservation and income through the investment in a diversified portfolio of debt securities issued by corporates, Governments, sovereign/supranational entities, primarily focused on European issuers. The Fund is actively managed and has no reference benchmark. At inception, the Fund may invest up to 50% of its net assets in debt securities with rating below the investment grade (i.e. between BB+ and CCC- as rated by Standard & Poor's or equivalent rating range from another recognised agency). After the Fund's inception, the allocation to high yield bonds may increase resulting from a downgrade of its underlying securities or due to changes in market value. Investments in unrated debt securities may represent up to 10% of its net assets. Investments in distressed or defaulted debt securities (i.e. rated below CCC-) are not authorized at the time of the purchase. Target investments may have a maturity date ending before or on the maturity date of the Sub-fund described below. The Fund will not invest in asset backed securities ("ABS"), mortgage backed securities ("MBS"), collateralised loan obligations ("CLOs") and Contingent Convertible bonds ("CoCos"). The Fund may also invest up to 10% of its net assets in target funds including Exchange Traded Funds (ETFs). The Fund may use financial derivatives to protect its portfolio against unfavorable market or currency fluctuations. The Fund may also use financial derivatives to reduce other risks or to produce more revenues. At the maturity date, being December 31, 2027 the Fund will be liquidated in accordance with applicable laws. The Fund is open-ended. You may redeem shares of the Fund on any Luxembourg business day. The Share Class makes a dividend payment.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No