Pareto Nordic Cross Credit R Cap EUR

The Sub-Fund's objective is to achieve the best possible return, relative to its risk profile by the Sub-Fund. The Sub-Fund invests in fixed income and fixed income related securities issued by financial institutions, corporations, agencies, governments and municipalities while incorporating ESG criteria into the Fund's security analysis and selection criteria. These debt securities may include subordinated, hybrids, perpetual, convertible bonds and contingent convertible bonds. The sub-fund may invest up to 20% of its Net Asset Value in CoCos. Some investments of the sub-fund are expected to give it a higher risk and return than traditional securities due to a higher credit risk. The debt securities may be rated or unrated and have credit risk corresponding to investment Grade or High Yield. The Sub-Fund may hold distressed debt securities or shares as a result of a restructuring. The sub-fund primarily invests in securities issued by companies domiciled or with a presence in the Nordic region. The average interest rate duration of the sub-fund's portfolio shall be between 0 and 4 years. The Sub-Fund may not invest more than 10% of its assets in other investment funds. The Sub-Fund qualifies as an Article 8 financial product under SFDR since its investment policy contains broad environmental social, and governance consideration. More information on how the Investment Manager implement ESG issues in its investment analysis and decision-making process can be found at its website https://www.paretoam.com. The Sub-Fund invests in derivatives to achieve its investment objective or to reduce risks. Benchmark: The portfolio is actively managed on a discretionary basis without reference to a benchmark. Dividend income: This class is a capitalisation class meaning that income is reinvested. The reference currency of the Sub-Fund is expressed in NOK. The currency of the share class is expressed in EUR.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No