M&G (Lux) Global Convertibles B Dis EUR

The Fund aims to provide a combination of capital growth and income to deliver a return that is higher than that of the global convertibles market over any five-year period while applying ESG Criteria. Core investment: at least 70% of the Fund is invested in convertibles issued by companies from anywhere in the world, including emerging markets. Exposure to these securities may be achieved, either directly or indirectly, through various combinations of corporate bonds, equities and derivatives. The Fund also holds company shares in combination with bonds to replicate the exposure to convertibles when a direct holding is not available. Company shares are also held to adjust the technical characteristics of individual convertibles, such as making them more sensitive to changes in the price of the shares into which they convert. The Fund invests in securities that meet the ESG Criteria, applying an Exclusionary Approach and Positive ESG Tilt as described in the precontractual annex. Other investments: the Fund may invest up to 20% in contingent convertible debt securities, in other funds, and up to 30% in cash (meaning eligible deposits) and assets that can be turned quickly into cash. Derivatives usage: for investment purposes and to reduce risks and costs. Fund reference currency: USD Strategy in brief: • Investment approach: the Fund employs a disciplined approach to select each convertible. The strategy is based on the analysis of individual companies, and the characteristics of the bonds and shares of these companies. The fund manager seeks to identify convertibles that, in their opinion, provide the best risk-return profile. For these convertibles, the fund manager expects that the potential gain from the option on the underlying share price exceeds the potential loss from the share price falling. • Investment manager's ESG classification: Planet+ / ESG Enhanced, as defined in the Fund's Prospectus. • SFDR category: Article 8 Benchmark: FTSE Global Focus Converti

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No