FCH Muzinich Enhancedyield Short-Term CA SEL U EUR

To protect capital and generate attractive returns which exceed those available from similar duration benchmark government bonds.The sub-fund mainly invests in corporate debt securities (including fixed and floating rate notes and bonds, Cocos) or in US and European Treasury Bonds and US and European Agency Bonds, which are publicly traded on recognised exchanges. The sub-fund aims to maintain an average investment grade rating, with no more than 50% of the sub-fund's net assets rated below investment grade, with a minimum permissible rating of each security (at the time of purchase) of B3/B- by at least one rating agency (or as deemed equivalent by the investment manager).At times, the sub-fund may also invest in MBS/ABS and CLOs, but such investments (if any) will be limited to a total of 10% of the net assets of the sub-fund.The sub-fund's investment portfolio will be diversified as to issuer and industry, with no single corporate issuer comprising more than 3% of the sub-fund's net assets. The sub-fund may invest up to 20% of its net assets in bonds issued in emerging markets. Up to 49% of the sub-fund's net assets may be invested in money market instruments, and up to 20% of its net assets in term deposits. These investments will be made in order to achieve the sub-fund's investment goals or for treasury purposes. The sub-fund may invest up to 10% of its net assets in Cocos. Up to 10% of the sub-fund's net asset may be invested in other convertible bonds or bonds with warrants attached, while investments in perpetual bonds will be limited to 5% of its net assets. The sub-fund may use derivatives for hedging.Benchmark :the sub-fund is actively managed and is not managed in reference to a benchmark.Management Process: the sub-fund promotes environmental or social characteristics in accordance with article 8 of SFDR.The investment manager seeks to meet its objective through construction of a prudently managed portfolio of corporate bonds with attractive risk and r

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No