AXA WF Global Optimal Income BX Dis GR EUR

Investment Objective The Sub-Fund seeks to achieve a mix of stable income and capital growth measured in Euro by investing in a mix of equities and fixed income securities issued by governments and companies, over a long term period. Investment Policy The Sub-Fund is actively managed without reference to any benchmark.The Sub-Fund is actively and discretionarily managed in order to capture opportunities in the equity and debt security markets of any type and aims at not exceeding a 15% annual volatility. The Sub-Fund is managed with an Interest Rate Sensitivity ranging from minus 4 to 8. Investment decisions are based on a combination of macroeconomic, sector and company specific analysis. The securities selection process is mainly based on a rigorous analysis of the companies' business model, quality of management, growth prospects and overall risk return profile. The Fixed Income allocation is managed in order to mitigate the volatility of equity returns.The Sub-Fund invests in or is exposed to up to 100% of its net assets in equities (including high dividend equities), fixed income securities issued by any governments, investment grade corporate securities and/or money market instrument. The Sub-Fund may also notably invest or be exposed to: up to 50% in callable bonds, up to 40% of its net assets in securities from emerging markets countries, up to 20% in sub-investment grade securities, up to 15% in securities traded on the CIBM through Bond Connect, up to 10% in securitisation vehicles or equivalent such as asset backed securities (ABS), collateralised debt obligations (CDO), collateralised loan obligations (CLO) or any similar assets of any currency and of any rating (or unrated) and up to 10% in Chinese A Shares listed in the Shanghai Hong-Kong Stock Connect.Investment and sub-investment grade ratings are based on the average linear ratings of Standard & Poor's, Moody's and Fitch ratings (i.e. agencies ratings are converted into numerical values which, after

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No