BNP Paribas Flexi I US Mortgage IH EUR

This Product is actively managed. The benchmark "Bloomberg US MBS (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 aims to attain a high level of total return while also preserving capital. The Product invests at least 70% of its assets in agency mortgage-backed securities which are listed or traded on regulated markets worldwide. The Product may also invest maximum 30% of its assets in non-agency residential mortgage-backed security, commercial mortgage-backed securities, asset-backed securities (including consumer receivables and commercial receivables), other mortgage-related securities (i.e. securities backed by a loan, lease or receivable against assets), transferable securities, money market instruments or cash, and up to 10% of its assets may be invested in investment funds.For temporary defensive purposes, including during periods of high cash inflows, the Product may depart from its principal investment strategies and invest part or all of its assets in these securities or may hold cash. During such periods, the Product may not achieve its investment objective. The Product will invest only in debt securities that have a credit rating of at least BBB by S&P or Fitch and Baa by Moody's. Environmental, social and governance (ESG) criteria contribute to, but are not a determining factor in, the manager's decision making.Incomes are systematically reinvested.Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.This share class aims at hedging its currency exchange risk against the Fund's portfolio exposure currency. However, the currency exchange risk cannot be completely neutralized as the hedging technique is based of the Fund's NAV.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No