Amundi F. Multi Sector Credit F2 EUR

To achieve a combination of income and capital growth (total return) over the recommended holding period.Investments:The Sub-Fund invests in debt instruments and may also invest up to 30% of net assets in mortgage-backed securities (MBS) and asset-backed securities (ABS). This includes indirect exposure gained through to-be-announced securities (TBA), which is limited to 30% of net assets. There are no rating or currency constraints on these investments. The Sub-Fund seeks to eliminate the effects of most currency exchange differences for investments in non-euro denominated securities (currency hedging). The Sub-Fund makes use of derivatives to reduce various risks, for efficient portfolio management and as a way to gain exposure (long or short) to various assets, markets or other investment opportunities (including derivatives which focus on credit, interest rates, foreign exchange and volatility). Benchmark:The Sub-Fund is actively managed and uses the Euro Short Term Rate Index (ESTER), a posteriori as an indicator for assessing the Sub-Fund's performance and, as regards the performance fee, as a benchmark used by relevant share classes, for calculating the performance fees. There are no constraints relative to any such Benchmark restraining portfolio construction.Management process: The investment team analyses credit market fundamentals, valuation levels and trends (top-down) to assess the global credit exposure, geographical and credit sectors (High Grade, High Yield, Emerging, Securitized, etc) allocation. The investment team then uses both technical and fundamental analysis, including credit analysis, to select securities (bottom-up) and to construct an unconstrained and highly diversified multi-sector credit portfolio in order to generate performance at all stages of the credit cycle. Further, the Sub-Fund seeks to achieve an ESG score of its portfolio greater than that of its investment universe. The sub-fund promotes ESG characteristics pursuant to Articl

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No