AXA WF Global Income Generating Assets A Dis EUR Hdg

Investment Objective The Sub-Fund is to seek regular income and to achieve medium term growth of investment through flexible asset class diversification globally. Investment Policy The Sub-Fund is actively managed without reference to any benchmark. The Sub-Fund is actively and discretionarily managed in order to maintain a widely diversified portfolio, by developing a long term strategic allocation (based on macroeconomic analysis) and using fundamental analysis and/or a proprietary quantitative process, with no specific limitation on the portion of assets invested in any one country or region (including, up to 25% of net assets, emerging markets). The Sub-Fund invests at least 50% of net assets in equities and equity-related securities of companies of any capitalisation (including high dividend equities and companies in the real estate sector and REITs) and up to 45% in bonds of any type and credit rating (including high yield bonds issued by public or private companies, including unrated).The Sub-Fund may further seek to increase income and return through the use of a financial derivative instrument overlay strategy (e.g. by selling equity index call options and generate income from the option premium). The Sub-Fund may invest or be exposed up to 45% of its net assets in callable bonds and up to 10% in perpetual bonds issued by banks, insurance companies and non-financial corporates.The Sub-Fund may, up to 10%, hold distressed and defaulted securities as a result of their rating downgrade, if they are considered to be consistent with the Sub-Fund's objective. These securities are expected to be sold within 6 months unless specific events prevent the Investment Manager from sourcing their liquidity.The Sub-Fund may invest up to 10% of net assets in convertible bonds (including maximum 5% in contingent convertible bonds (CoCos)).The Sub-Fund may invest its net assets in 144A securities, in a substantial way depending on the opportunity.The Sub-Fund may invest up to

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No