AXA IM WAV Target Yield 2028 I EUR

Investment Objective The investment objective of the Fund is to aim to generate income by investing primarily in debt securities based on the assumption of a holding period by the Shareholder up to the Maturity Date (29 September 2028). The investment objective is not guaranteed and the potential return may be negatively impacted among others by the potential default risk and recovery rate of one or several issuers within the portfolio. Investment Policy The Fund is actively managed without reference to any benchmark. The Fund will invest predominantly in a broadly diversified portfolio of long-only fixed income transferable debt securities issued by governments and government owned, controlled, or related entities (and their agencies and subdivisions), and by corporations from anywhere in the world. The debt securities may be either corporate and sovereign fixed rate bonds, floating rate bonds or callable bonds listed or traded on Regulated Markets and that will have a final maturity date that does not exceed the Maturity Date of the Fund by more than 12 months. The fixed income securities will predominantly be denominated in USD, EUR, CHF, GBP, JPY, HKD, SGD, AUD or CAD (exposure of the Fund's assets in non-EUR currency will be hedged against EUR).The Fund may invest up to 100% of its net assets in investment grade securities. The Fund may also invest up to 100% of its net assets in high yield bonds rated at least CCC (as defined by S&P)/Caa2, including unrated bonds deemed to be of similar credit quality. Neither the Manager nor the Sub-Investment Manager will be restricted in the country, industry or sectors of the issuers in which the Fund invests. The Fund may invest up to 100% of its assets in Emerging Markets.The Fund may invest up to 50% of its net assets in 144A securities.The Fund may also hold and maintain ancillary liquid assets and money market instruments, including but not limited to commercial paper, bonds, notes, bills, deposits, certificates of de

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No