PrivilEdge BlueBay Investment Grade Global Govern. Bonds P EUR Hdg

The Sub-Fund is actively managed in reference to a benchmark. The Bloomberg Global Treasury Majors Index USD hedged (the "Benchmark") is used for performance comparison and for internal risk monitoring purposes only, without implying any particular constraints to the Sub-Fund's investments. Bond issuers represented in the portfolio of the Sub-Fund will generally be similar to those of the Benchmark, however their weightings are expected to differ materially and the Investment Manager has discretion to select issuers that are not part of the Benchmark universe. The Sub-Fund?s holdings are therefore expected to deviate materially from the Benchmark. The Sub-Fund?s objective is to seek an annual rate of total return greater than the annual rate of total return of the Benchmark. The Investment Manager will attempt to achieve such objective by primarily investing fixed and floating rate debt securities rated investment grade issued by governments, government-related and supranational entities. The Sub-Fund may invest in debt obligations of all maturities. In addition, the Sub-Fund may invest up to: ? 15% of its net assets in securities rated below investment grade as per definition in paragraph 3.2; ? 15% of its net assets in Emerging Markets investment grade government bonds; ? 5% of its net assets in Coco Bonds, convertible bonds or bonds with warrants attached; ? 5% of its net assets in securitised assets (including ABS/MBS and covered bonds); and ? 10% of its net assets in UCIs. In accordance with the applicable diversification rules, the Sub-Fund may hold up to 20% of its net assets in Cash and Cash Equivalents. The Sub-Fund may hold Cash and Cash Equivalents in order to achieve its investment goals, for treasury purposes or in case of unfavorable market conditions.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No