AXA WF-Global Str.Bonds I Cap USD/  LU0746606069  /

The Sub-Fund investment objective is to seek performance by investing in corporate and government bonds and money market instruments issued worldwide over a medium term period. The Sub-Fund is actively managed without reference to any benchmark in order to capture opportunities in global corporate and government bonds issued worldwide. The Sub-Fund invests mainly (at least two-third of its net assets under normal circumstances) in debt securities (fixed and floating rate investment grade and sub-investment grade transferable debt securities and/or high yield), including inflation-linked bonds, and money market instruments issued by governments and corporations located anywhere in the world, including emerging markets. The Sub-Fund may invest up to 100% of net assets in debt securities that are rated Sub-Investment Grade or if unrated, deemed to be so by the Investment Manager. The Sub-Fund may invest up to 25% of net assets in securities issued or guaranteed by a single sovereign issuer that are Sub-Investment Grade.

The Sub-Fund investment objective is to seek performance by investing in corporate and government bonds and money market instruments issued worldwide over a medium term period.