New Millennium Euro Bonds Short Term D Dis EUR

Objectives Investment objective The objective of the Sub-Fund is to achieve returns in excess of those which can normally be achieved through monetary instruments while trying to maintain a low risk profile also taking into account the need to promote environmental social and governance characteristics on the investments (ESG factors), mitigating the relevant sustainability risk. Investment policies The Sub-Fund invests in deposits, money market instruments as well as fixed and variable bonds denominated in Euro issued mainly by governments and supranational bodies. 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, 20% of net asset value of the Sub-Fund. The "ESG features", according to art.8 of EU Regulation 2019/2088, are implemented through a two-level approach: 1. an average portfolio ESG rating, determined as described in the Paragraph Disclosure on "ESG integration" practices of the Prospectus, which will be equal or over the quarterly weighted average ESG rating of a specific synthetic index indicated in the Appendix of the Sub-Fund 2. a set of specific restrictions and investment limits identified to promote sustainable investments. Benchmark 90% B-Barclays Emu Govt Bond 1-3y TR (LEG1TREU) + 10% B-Barclays Pan Euro Corp FRN bond TR (BPE2TREH) Benchmark uses Discretion is allowed with respect to the benchmark. The Investment manager may 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. The Sub-Fund is not intended to track the benchmark

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No