TCW High Yield Bond AEHE Cap EUR Hdg

The objective of the Sub-Fund is to seek high total return provided by current income and capital appreciation through a sustainable investment framework, including the reduction of the Sub-Fund's carbon intensity relative to the high yield market. The Sub-Fund invests, at least 80% of its assets in high yield bonds of US issuers rated below investment grade or unrated. The other part of the assets will be invested in investment grade securities. The Sub-Fund may also invest in securities of varying maturities issued by corporations and governments. Investments include various types of bonds and other securities, typically corporate bonds, notes, collateralized bond obligations, collateralized debt obligations, mortgage-related and asset-backed securities, bank loans, money-market securities, swaps, futures, municipal securities, options, credit default swaps, private placements and restricted securities. These investments may have interest rates that are fixed, variable or floating. Other instruments include bonds and money market instruments other than those mentioned above; convertible bonds; equities and equity-linked instruments; units/shares of UCITS and/or other UCIs up to 10% of the net assets; deposits; and MBS and ABS for a maximum of 10% of its net assets and other financial derivative instruments. The Sub-Fund may invest up to 5% of its assets in defaulted securities, which are securities for which there is a failure by the issuer or the guarantor to make timely payment of principal. The Sub-Fund is actively managed. An actively managed fund is a fund in which the investment manager makes decisions about how to invest the fund's capital.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No