AZ Bond - Asian Bond A-AZ FUND (Euro non Hedged - ACC)/  LU2286016758  /

The Sub-fund's investment objective is to achieve medium and long-term capital growth. The Sub-fund aims to achieve its investment objective by actively managing a portfolio invested at least 60% in debt securities and money market instruments issued by governments, supranational institutions and/or governmental authorities of countries in the Asia-Pacific region, excluding Japan, and/or by companies that have their head office and/or conduct a significant proportion of their economic activities in the Asia-Pacific region, excluding Japan. The Sub-fund invests up to 100% of its net assets in debt securities and money market instruments denominated in US dollars, and up to 50% of its net assets in debt securities and money market instruments denominated in offshore renminbi (CNH). The Sub-fund invests up to 40% of its net assets in debt securities with a sub-investment grade rating at the time of purchase. The Sub-fund may also invest up to 15% of its net assets in debt securities and money market instruments denominated in an Asian currency and up to 10% of its net assets in contingent convertible bonds (CoCo bonds).

The Sub-fund's investment objective is to achieve medium and long-term capital growth.