M&G (Lux) GF Asian Total Return Bond C $

The Fund aims to provide a combination of capital growth and income that is higher than the Asian bond markets over any three-year period, while applying ESG Criteria. Core investment: at least 80% of the Fund is invested in debt securities denominated in Asian currencies from issuers in any country and in debt securities issued or guaranteed by Asian governments, their agencies, public authorities or other public issuers, by companies that are owned or guaranteed by Asian governments and by companies that are based, or do most of their business, in any Asian country, including emerging markets. There are no restrictions on currency exposures in the Fund. The Fund may invest i) up to 30% in China onshore debt securities, ii) up to 20% in a combination of asset-backed securities and contingent convertible debt securities, and iii) up to 10% in distressed debt and defaulted debt securities. The Fund invests in securities that meet the ESG Criteria, applying an Exclusionary Approach as described in the precontractual annex. Other investments: the Fund may also invest in other funds, and up to 20% in cash (meaning eligible deposits) and assets that can be turned quickly into cash. Derivatives usage: for investment purposes and to reduce risks and costs. Fund reference currency: USD Strategy in brief: • Investment approach: the Fund invests flexibly in a broad range of debt securities across Asian bond and currency markets, according to where the sub-investment manager identifies value. It has a dynamic approach to duration, credit and currency exposures, based on the economic outlook and aims to have a high level of diversification in individual credit selection and across investment themes and sources of return. The Fund focuses on providing positive returns through different interest rate and economic cycles and core returns are expected to be underpinned by income opportunities in Asia. The sub-investment manager aims to achieve the performance objective while managi

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No