GS USD High Yield Bond Active UCITS ETF (Dist)

The Sub-Fund seeks to achieve a long-term return by actively investing primarily in below investment grade US Dollar denominated fixed income securities of corporate issuers.The Sub-Fund promotes environmental and/or social characteristics and, while it does not have a sustainable investment objective, it will hold a minimum proportion of sustainable investments as further detailed in the pre contractual disclosure for the Sub-Fund contained within the Supplement. As part of its investment process, the Investment Manager will implement a multi-strategy approach to ESG which may consist of the application of exclusionary screens and the integration of ESG factors alongside traditional factors.The Sub-Fund will mostly invest in below investment grade fixed income securities of companies anywhere in the world denominated in US Dollars. The Sub-Fund will not invest more than 30% of its assets in securities and instruments which are not subject to the ESG Criteria, as defined in the Supplement. Additionally, it may hold subordinated corporate bonds, which can include up to 10% of its net assets in contingent capital securities or 'CoCos'. The Sub-Fund may, under certain circumstances, have limited holdings in shares and similar instruments. It may also invest in fixed income securities issued by government entities.The Sub-Fund may use derivatives for efficient portfolio management purposes, to help manage risks and for investment purposes in order to seek to increase return. A derivative instrument is a contract between two or more parties whose value depends on the rise and fall of the underlying asset. The Sub-Fund is actively managed and references the ICE BofA US High Yield Constrained Index (the "Benchmark") as a performance comparator.The Investment Manager has full discretion over the composition of the assets in the Sub-Fund. While the Sub-Fund will generally hold assets that are components of the Benchmark, it can invest in such components in different proport

Gestione attiva

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No