Amundi F. Global High Yield Bond I $

The Sub-Fund is a financial product that promotes ESG characteristics pursuant to Article 8 of the Disclosure Regulation. The Sub-Fund seeks to achieve a combination of income and capital growth (total return).Investments: The Sub-Fund invests at least 67% of assets in below-investment-grade corporate bonds that are denominated in euro or in the home currencies of Canada, Japan, the United Kingdom or the United States. Non-USD investments are aimed to be hedged against the USD. 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 and interest rates). The Sub-Fund may use credit derivatives (up to 40% of net assets).Benchmark : The Sub-Fund is actively managed by reference to and seeks to outperform the ICE BofA ML Global High Yield USD Hedged index. The Sub-Fund is mainly exposed to the issuers of the Benchmark, however, the management of the Sub-Fund is discretionary, and will be exposed to issuers not included in the Benchmark. The Sub-Fund monitors risk exposure in relation to the Benchmark however the extent of deviation from the Benchmark is expected to be significant. The Benchmark is a broad market index, which does not assess or include its constituents according to environment characteristics and therefore is not aligned with the environmental characteristics promoted by the Sub-Fund.Management Process : The Sub-Fund integrates Sustainability Factors in its investment process as outlined in more detail in section 'Sustainable Investing' of the Prospectus. The investment team analyses long-term macroeconomic trends (top-down) to identify the geographic areas that appear likely to offer the best risk-adjusted returns. The investment team then uses both technical and fundamental analysis, including extensive credit and liquidity risk analysis, to select sectors and s

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No