HGIF US Sh.Duration High Y.Bd.ZQ1 EUR H/  LU1240778420  /

The Fund aims to provide long term capital growth and income by investing in a portfolio of high yield securities that are related to the USA whilst maintaining low interest rate risk. In normal market conditions, the Fund will invest at least 70% of its assets in non-investment grade bonds, unrated bonds and other higher yielding bonds issued by issuers which are based in, or carry out the larger part of their business in the USA; including up to 10% in asset backed securities (ABS) and Mortgage-Backed Securities (MBS). The Fund may invest up to 10% of its assets in bonds issued by companies that are based in emerging markets and up to 30% in high quality fixed income securities to manage liquidity and risk. The Fund may invest up to 10% of its assets in lower quality debt securities, issued by any single sovereign issuer and may also invest in bank deposits, money market instrument for treasury purposes. The Fund invests in debt securities which will mainly be denominated in US Dollars (USD) and may have exposure up to 10% to non-USD currencies. The Fund may invest up to 10% of its assets in convertible securities, up to 15% of its assets in contingent convertible securities and up to 10% in other funds.

The Fund aims to provide long term capital growth and income by investing in a portfolio of high yield securities that are related to the USA whilst maintaining low interest rate risk.