LO Selection LATAM Bond USD M $

The Sub-Fund is actively managed without reference to a benchmark and seeks to deliver long-term returns by investing primarily in debt and other instruments issued by sovereign and corporate entities with ties to Latin America. Eligible issuers may be domiciled, incorporated, carry their main economic activity in the region, or belong to groups with a Latin American presence. Investments may also include currencies. The portfolio mainly consists of USD-denominated debt securities without rating restrictions, while up to 15% of net assets may be allocated to instruments denominated in local Latin American currencies. The Sub-Fund may invest fully in corporate issuers and may hold up to 10% in CoCo bonds, as well as convertible bonds, bonds with warrants, and up to 15% in ABS/MBS. It may also be fully invested in below-investment-grade securities. Additionally, the Sub-Fund may invest up to 50% of its net assets in Latin American government bonds and up to 15% in securities backed by the U.S. government.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No