JPM US High Yield Plus Bond X Acc EUR Hdg

Objectives, Process and Policies Objective To achieve a return in excess of US bond markets by investing primarily in below investment grade USD-denominated debt securities. Investment Process Investment Approach Uses a globally integrated research driven investment process that focuses on analysing fundamental, quantitative and technical factors across sectors and issuers. Combines top-down decision making - including sector allocation, duration management and credit quality - with bottom-up security selection. Seeks to identify investment opportunities while minimising the risk of credit deterioration and limiting exposure to defaults. Share Class Benchmark Bloomberg US Corporate High-Yield 2% Issuer Capped Index (Total Return Gross) Hedged to EUR Benchmark uses and resemblance Performance comparison. The Sub-Fund is actively managed. The majority of issuers in the Sub-Fund are likely to be represented in the benchmark because the Investment Manager uses it as a basis for portfolio construction, but has some discretion to deviate from its composition and risk characteristics within indicative risk parameters. The Sub-Fund will resemble the composition and risk characteristics of its benchmark; however, the Investment Manager's discretion may result in performance that differs from the benchmark. Main investment exposure At least 67% of assets invested in below investment grade USD-denominated debt securities of companies that are domiciled, or carrying out the main part of their economic activity, in the US. The Sub-Fund may also invest in USD-denominated debt securities of companies outside the US. The Sub-Fund may invest up to 20% in unrated debt securities and up to 15% in distressed debt securities at the time of purchase. At least 51% of assets are invested in issuers with positive environmental and/or social characteristics that follow good governance practices as measured through the Investment Manager ' s proprietary ESG scoring methodology and/or third pa

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No