M&G (Lux) GF Asian Corporate Bond CI $

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 issued by companies that are based, or do most of their business, in any Asian country, companies located anywhere in the world but which are owned or guaranteed by Asian governments or their agencies, and Asian government agencies. Currency exposures in the Fund are typically in USD or hedged back to USD. The Fund may invest i) up to 20% in a combination of asset-backed securities and contingent convertible debt securities, ii) up to 10% in distressed debt and defaulted debt securities, and iii) up to 10% in China onshore 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 applies a dynamic approach to invest in a broad range of debt securities across Asian bond markets. This entails an analysis of macroeconomic factors such as economic growth, interest rates and inflation, and assessment of factors such as monetary and fiscal policies, capital flows and political and regulatory environments on a regional or country specific level. The sub-investment manager actively manages credit risk, interest rate exposure and security selection with a view to generating performance and returns under different market conditions and responding to changes in the macroeconomic outlook. The Fund's interest rate exposure is managed across the maturity spectrum as a complement to credit returns. The Fund's ?exibility allows its portfolio to b

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No