AXA IM FIIS US Corp. Interm. Bonds I Cap $

Investment Objective The Sub-Fund seeks to achieve a mix of income and capital growth by investing mainly in investment grade corporate debt securities denominated in USD, over a medium term period. Investment Policy The Sub-Fund is actively managed in order to capture opportunities in the US investment grade debt market, primarily investing in securities that are part of the Bloomberg Barclays US Corporate Intermediate benchmark index (the "Benchmark") universe. As part of the investment process, the Investment Manager has broad discretion over the composition of the SubFund's portfolio and can take, based on its investment convictions, exposure to companies, countries or sectors not included in the Benchmark or take different positioning in terms of duration, geographical allocation and/or sector or issuer selection compared to the Benchmark, even though the Benchmark constituents are generally representative of the Sub-Fund's portfolio. Thus, the deviation from the Benchmark is likely to be significant.The following investment decisions are undertaken after comprehensive macroeconomic and microeconomic analysis of the market:- issuer selection- sector allocation- credit curve positioning (the credit curve illustrates the relationship between investment term and credit yield)- instrument selectionThe Sub-Fund invests essentially in USD denominated corporate, government or public institutions bonds rated.The Sub-Fund may also invest on an ancillary basis in securities which are rated sub-investment grade at the time of purchase.Investment grade securities will be rated at least BBB- by Standard & Poor's or equivalent rating by Moody's or Fitch or if unrated then deemed to be so by the Investment Manager. Sub-investment grade securities will be rated between BB+ and B- by Standard & Poor's or equivalent rating by Moody's or Fitch or if unrated then deemed to be so by the Investment Manager.In case of downgrade below B- by Standard & Poor's or equivalent rating by Mo

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No