BGF Global High Yield Bond D2 GBP H/  LU0372548783  /

The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund"s assets and invest in a manner consistent with the principles of environmental, social and governance (ESG) investing. The Fund invests globally at least 70% of its total assets in fixed income securities. These include bonds and money market instruments (i.e. debt securities with short term maturities). The fixed income securities may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development). At least 70% of the Fund"s total assets will have a relatively low credit rating or will be unrated. The remainder may include investments which are investment grade (i.e. meet a specified level of credit worthiness) at the time of purchase. The Fund"s total assets will be invested in accordance with its ESG Policy as disclosed in the prospectus. The investment adviser (IA) may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) for investment purposes and/or to reduce risk within the Fund"s portfolio, reduce investment costs and generate additional income. The Fund may, via FDIs, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets). The Fund is actively managed, and the IA has discretion to select the Fund's investments. In doing so, the IA will refer to the ICE BofAML Global High Yield Constrained USD Hedged Index (the Index") when constructing the Fund"s portfolio, and also for performance comparison and risk management purposes as further described in the prospectus. The IA is not bound by the components or weighting of the Index when selecting investments and may also use its discretion to invest in securities not included in the Index. However, the credit rating requirements of the investment objective and policy may limit the extent to which the portfolio holdings will deviate from the Index.

The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund"s assets and invest in a manner consistent with the principles of environmental, social and governance (ESG) investing. The Fund invests globally at least 70% of its total assets in fixed income securities. These include bonds and money market instruments (i.e. debt securities with short term maturities). The fixed income securities may be issued by governments, government agencies, companies and supranationals (e.g. the International Bank for Reconstruction and Development). At least 70% of the Fund"s total assets will have a relatively low credit rating or will be unrated. The remainder may include investments which are investment grade (i.e. meet a specified level of credit worthiness) at the time of purchase. The Fund"s total assets will be invested in accordance with its ESG Policy as disclosed in the prospectus.