AMSelect JP Morgan Global Bond Priv

The Product is actively managed. The benchmark Bloomberg Global Aggregate (Hedged in USD) 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 in corporate and government bonds that are denominated in any currency. Some of these investments may be below investment grade (high yield) and/or from emerging markets. The Product invests at least two thirds of assets in the bonds described above and in other debt securities issued by governments or companies anywhere in the world. The Product may invest up to one third of assets in other bonds, and in other securities, such as equities and money market instruments. The Product may invest in, or be exposed to, the following asset classes up to the percentages of assets indicated: Below investment grade bonds (non-emerging countries) 55%, Emerging market bonds (30%), Non-rated bonds (20%), Convertible bonds (15%), including contingent convertible bonds up to 10% (used for diversification or for seeking additional returns), investment grade securitised products (20%), UCITS and other UCIs (10%).The Product does not invest in securities rated below CCC+, as well as in distressed securities at the time of purchase. Any portfolio security that falls below the Product's minimum credit criteria will be sold if it is in the interest of the shareholders.After hedging, the Product's exposure to currencies other than USD will not exceed 15%.The Product invests invests opportunistically in an unconstrained portfolio of debt securities and currencies, using derivatives where appropriate (bottom-up and top-down approach).The investment team applies the BNP Paribas Asset Management's Responsible Business Conduct Policy that includes norms-based screens (exclusions based upon international norms in areas such as human rights and labour condit

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No