Neu.Berman Short Dur. Em. Mkt Debt M Dis EUR Hdg

The Fund aims to achieve a target average return of 3% over cash before fees over a market cycle (typically 3 years) by investing in a diversified selection of hard currency denominated (defined as USD, EUR, GBP, JPY, CHF) short duration sovereign and corporate bonds issued in emerging (less developed) market countries. Short duration securities have a shorter maturity (date on which a bond is repaid to the investor) and a lower duration (sensitivity to changes in interest rates). There can be no guarantee that the Fund will ultimately achieve its investment objective and capital invested is at risk. The Fund is managed with a disciplined approach which begins with analysis of the market environment then with identifying asset classes with attractive valuations and liquidity. Whilst investments may be made in investment grade, high yield or unrated debt securities, the Fund intends to have a linear average credit rating of at least investment grade level. Investment grade securities are highly rated securities, generally those rated Baa3, BBB or above by one or more recognised rating agencies. High yield bonds generally have lower credit ratings, carry higher risks non-payment but offer a higher income. Under normal market conditions, the Sub-Investment Managers (or the Manager where applicable) anticipate that the Fund's average interest duration will be within the range of +1.25 years and +2.75 years compared to the ICE BofA US 3-Month Treasury Bill Index (Total Return, USD). The Fund promotes environmental and social characteristics pursuant to Article 8 of SFDR.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No