Art.F.(Lux)-S.-D.Gl.High Y.Bd.I GBP H/  LU1988889660  /

The fund aims to generate a return greater than the benchmark, after the deduction of costs and charges, over rolling three-year periods, through a combination of income and capital growth. The fund is actively managed. The fund may invest in the bonds of any type of issuer (for example government or corporates) with no restriction on economic or geographic areas (including emerging markets). The fund will invest at least 80% in short-dated high yield bonds, which: - have a residual maturity of less than five and a half years; and - either (a) have been given a credit rating of either: (i) Ba1 or lower by Moody"s; (ii) BB+ or lower by Standard & Poor"s; or (iii) BB+ or lower by Fitch; or (b) have not been rated but which the Investment Manager believes would, if they were rated, be given a comparable credit rating.

The fund aims to generate a return greater than the benchmark, after the deduction of costs and charges, over rolling three-year periods, through a combination of income and capital growth.