M&G (Lux) Episode Macro SIH EUR

The Fund aims to provide a combination of capital growth and income of 4-8% a year above the Secured Overnight Financing Rate (SOFR), over any five-year period. Core investment: the Fund typically invests via derivatives in a mix of assets, including company shares, bonds, currencies, and cash (meaning eligible deposits) and assets that can be turned quickly into cash, from anywhere in the world, including emerging markets. The Fund may invest up to 60% in lower quality and unrated bonds. The Fund may also invest in these assets directly or through other funds. The Fund may invest in China A-Shares and in Chinese bonds denominated in renminbi. Other investments: the Fund may invest in asset-backed securities (up to 20%), convertibles, contingent convertible debt securities (up to 20%), and other funds. Derivatives usage: for investment purposes and to reduce risks and costs. Fund reference currency: USD Strategy in brief: • Investment approach: the Fund has a highly flexible investment approach, with the freedom to invest in different types of assets from anywhere in the world. The approach combines in-depth research to work out the 'fair' value of assets over the medium to long term, with analysis of market reactions to events to identify investment opportunities. In cases where the investment manager believes the opportunities are limited to a few areas, the Fund may be very concentrated in certain assets or markets. Such strategies may result in greater changes in the Fund's short-term performance. • SFDR category: Article 6 Benchmark: SOFR + 4-8% The benchmark is a target which the Fund seeks to achieve. The rate has been chosen as the Fund's benchmark as it is an achievable performance target and best reflects the scope of the Fund's investment policy. The benchmark is used solely to measure the Fund's performance objective and does not constrain the Fund's portfolio construction. The Fund is actively managed. The investment manager has complete freedom in cho

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No