AXA IM WAV Euro Yield Target 2028 A Dis EUR

Investment Objective The investment objective of the Fund is to seek to generate performance through exposure to the fixed income universe to achieve an average annualized return, net of ongoing charges, over the life of the Fund of between 4% to 6%. The investment objective is not guaranteed and the potential return may be negatively impacted among others by the potential default risk and recovery rate of one or several issuers within the portfolio. Investment Policy The Fund is actively managed without reference to any benchmark. The Manager or the Sub-Investment Manager will seek to achieve the investment objective of the Fund by investing in a broadly diversified portfolio of fixed income transferable debt securities issued by governments and government owned, controlled, or related entities, and by corporations from anywhere in the world, denominated in EUR, GBP, CHF and USD taking into consideration the Maturity Date of the Fund (i) which are up to 100% rated below investment grade (i.e. rated lower than BBB- by Standard & Poor's or lower than Baa3 by Moody's or, if unrated, then deemed to be so by the Manager), (ii) which are listed or traded on Regulated Markets and (iii) which have a final maturity date that does not exceed the Maturity Date of the Fund by more than 12 months. The Manager or the Sub-Investment Manager may invest in green, social and sustainability bonds.The Fund may invest, in the majority, in fixed income transferable debt securities issued by European domiciled companies and also invest up to maximum 30% of the net assets in those issued by non-European companies. It may also from time to time, invest in bonds of European governments or governmental agencies or instrumentalities. Such investments will be denominated in EUR, GBP, CHF and USD provided that the Fund may only invest up to 15% in fixed income transferable debt securities that are not denominated in EUR (exposure of the Fund's assets in non-EUR currency will be hedged against E

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No