Sycomore Sélection Credit R EUR

The aim of the FCP, which is classified as Bonds and other debt securities denominated in euros is to outperform the Barclays Capital Euro Corporate ex-Financials Bond Index (coupons reinvested) over a recommended investment period of five (5) years, in a modified duration range of 0 to +5. The investment strategy aims to continually expose the fund to a rigorous selection of bonds (including convertible bonds) and other debt securities or money market instruments from private or public (and equivalent) issuers, denominated in euros, from 60% to 100% of the net assets, of which a maximum of 20% for public and equivalent issuers. In addition, the net assets may be exposed up to 40% to fixed-income derivatives listed on international regulated markets or traded over the counter (including credit default swaps for hedging purposes only) to adjust the modified duration of the portfolio without allowing any overexposure. Indirect exposure to equities, gained through convertible bonds will be limited to 10%. The investment methodology includes non-financial criteria which leads to focus on issuers with ESG criteria (Environment, Social, Governance) that are relevant for the global analysis of issuer risk. Moreover, the net assets may be exposed from 0% to 40% to money market instruments in euros from public issuers or equivalent issuers or private issuers, up to 20% to bonds and other debt securities or money market instruments denominated in a currency other than the euro (the currency risk is limited to 10% through foreign exchange hedges) and up to 25% to bonds and other debt securities or money market instruments denominated in euros, but issued by public or private issuers based outside the euro zone (including emerging markets issuers). The net assets may be exposed to UCITS classified as money market or short-term money market, or to UCITS implementing a strategy aiming for money market returns, or to diversified UCITS implementing a total return strategy with neut

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No