JPM EUR High Yield Bond Active UCITS ETF Acc

Objectives, Process and Policies Objective The objective of the Sub-Fund is to achieve a long-term return in excess of the Benchmark by actively investing primarily in a portfolio of EUR-denominated below investment grade corporate debt securities. Share Class Benchmark ICE BofA Euro Developed Markets High Yield Constrained Index Investment Policy The Sub-Fund pursues an actively-managed investment strategy. The Sub-Fund aims to invest at least 67% of its assets (excluding assets held for ancillary liquidity purposes) in EUR-denominated below investment grade corporate debt securities which are issued or guaranteed by issuers domiciled, or carrying out the main part of their economic activity, in a European country. The Sub-Fund may also invest in non-EUR denominated debt securities which may be located in any other countries, including emerging markets. The Sub-Fund systematically includes ESG analysis in its investment decisions on at least 75% of non-investment grade securities and emerging market and sovereign securities and 90% of investment grade securities purchased. Pursuant to the Investment Manager's ESG analysis, at least 51% of the Sub-Fund's Net Asset Value is invested in issuers with positive environmental and/or social characteristics (i.e. issuers which are aligned with the environmental and/or social characteristics that the Sub-Fund promotes) that follow good governance practices, as measured through the Investment Manager's proprietary ESG scoring methodology and/or third party data. As an SFDR Article 8 fund, the Sub-Fund goes beyond ESG Integration and promotes environmental and/or social characteristics. The Sub-Fund also invests at least 10% of its Net Asset Value in Sustainable Investments, as defined under SFDR, contributing to environmental or social objectives. The Investment Manager evaluates and applies values and norms based screening to implement exclusions on certain industries and issuers based on specific ESG criteria and/or minimum

Gestione attiva

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No