ERSTE BOND USA CORPORATE EUR R01 (A)/  AT0000675764  /

The ESPA BOND USA-CORPORATE fund invests in corporate bonds with excellent to average credit ratings. The bonds in the fund have an investment grade credit rating (Aaa to Baa3). The portfolio is broadly diversified. The bonds are denominated in US dollars and are largely issued by US - but also European and other international - companies. The bonds are permanently hedged against currency exposures.