AMSelect Fidelity US Bond Aggregate Clas RH EUR

The Product is actively managed. The benchmark ICE BofA US Large Capitalisation Corporate & Government (Hedged in EUR) RI is used for performance comparison only. The Product is not benchmark constrained and its performance may deviate significantly from that of the benchmark.The Product seeks to increase the value of its assets over the medium term by investing mainly corporate and government bonds that are investment grade and denominated in USD. The Product invests at least two thirds of assets in the bonds described above and in other debt securities issued by the United States of America or by companies that are domiciled, registered or do most of their business, in the USA. The Product may invest up to one third of assets in other bonds and in other securities and money market instruments. The Product may invest in, or be exposed to, the following asset classes up to the percentages of assets indicated: Investment grade securitised products (20%) , Emerging bonds (hard currencies) 15%, Convertible bonds (10%), Non-rated bonds (10%), UCITS and other UCIs (10%), hybrid bonds (5%)*, Perpetual bonds (5 %)*, Distressed securities (5%)*, Contingent convertible bonds (5%)*, Mortgage To Be Announced (10%).*Combined maximum 10% exposure for the securities.After hedging, the sub-fund's exposure to currencies other than USD will not exceed 10%.The Product uses macroeconomic, market and proprietary credit analysis to select securities that appear to offer a favourable risk-adjusted return (bottom-up and top-down approach).Environmental, social and governance (ESG) criteria contribute, but are not a determining factor in the manager's decision making. Incomes are systematically reinvested.Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.This share class aims at hedging the portfolio return from USD to EUR.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No