BNPP F.Gl.Convertible N USD/  LU1104109720  /

This Fund is actively managed. The benchmark Refinitiv Convertible Global Focus (Hedged in EUR) RI is used for performance comparison only. The Fund is not benchmark constrained and its performance may deviate significantly from that of the benchmark. The Fund seeks to increase the value of its assets over the medium term by investing in convertible bonds issued by companies from all over the world or by getting exposure to such asset class through the use of fixed income instruments and financial derivative instruments. The manager aims to optimise the risk-return characteristics of the Fund by investing in «mixed convertibles», avoiding convertible bonds that behave like pure bonds or pure equities. After hedging, the exposure to currencies other than USD may not exceed 25%. It may be invested in Mainland China shares restricted to foreign investors such as China A shares which can be listed on a Stock Connect or through a use of a specific license granted by the Chinese authorities. Environmental, social and governance (ESG) criteria contribute to, but are not a determining factor in, the manager's decision making. Incomes are systematically reinvested. Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.

This Fund is actively managed. The benchmark Refinitiv Convertible Global Focus (Hedged in EUR) RI is used for performance comparison only. The Fund is not benchmark constrained and its performance may deviate significantly from that of the benchmark. The Fund seeks to increase the value of its assets over the medium term by investing in convertible bonds issued by companies from all over the world or by getting exposure to such asset class through the use of fixed income instruments and financial derivative instruments.