New Millennium Augustum Corporate Bond A CHF Hgd

Objectives Investment objective The objective of the Sub-Fund is to achieve an exposure to corporate bonds in order to take advantage from a conscious assumption of credit risk. Investment policies Through discretionary choices and an active management, the Sub-Fund invests in fixed income transferable securities, at fixed and floating rate, issued mainly by European issuers. It is permitted to invest in transferable securities issued by not rated issuers; under exceptional circumstances the Sub-Fund can be invested up to 5% in bonds with a minimum rating between C and CCC+ and maintain up to 3% of the net assets in securities subject to downgrade with a minimum rating "D". The Sub-Fund may invest in credit derivative instruments, which will be mainly used for hedging purposes but, up to 15% of the net assets value of the Sub-Fund, can also be used for investment purposes. Exchange rate risk is limited to 30% thanks to the hedging activity of the main currency positions against the Euro. Derivative instruments, which are financial contracts whose value depends on the market price of a reference asset, can also be used for investment purposes provided that the total commitment does not exceed, at any moment, 100% of net asset value of the Sub-Fund. The Sub-fund has been categorized as a financial product falling under the scope of Article 6 of the SFDR. Benchmark 80% Bloomberg Barclays Euro-Agg Corp TR Index Eur (LECPTREU) + 20% BCE euro short-term rate index (ESTCINDX Index) Benchmark uses The Sub-Fund is not intended to track the benchmark, The above indices are not used to define the asset allocation but only for the purpose of monitoring the return of the Sub-Fund. The Investment manager may use its discretion to invest in financial instruments not included in the benchmark in order to take advantage of specific investment opportunities. This active management approach involves a deviation from the reference index which can be significant.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No