ESG-AM FUND - ESG-AM Multi Credit Fund G (USD hedged) Acc/  LU2445850352  /

The Sub-fund is actively managed without reference to any benchmark, seeking to maximize long term risk-adjusted total returns comprising income and capital growth. The Sub-fund has a sustainable investment objective (within the meaning of Article 9 of Regulation (EU) 2019/2088). Details are available in the prospectus and the ESG website disclosure of the Sub-fund. At least two thirds of the Sub-fund"s net assets shall be invested (directly or indirectly) globally in debt securities with a minimum rating of B- determined by Standard&Poor"s, Moody"s or from a recognized rating agency or deemed to be of the same credit quality by the Investment Manager as well as the market-implied rating. These assets include but are not limited to: corporate bonds, government bonds as well as mortgage or covered bonds, bonds with warrants, exchangeable and convertible bonds (up to 50%), subordinated bonds, CoCo contingent convertible bonds (up to 5%) and hybrid bonds. The Sub-fund may invest up to 20% of its net assets in money market instruments and/or in other liquid assets including assets in the form of sight deposits. The Sub-fund invests without being limited to a specific currency, geographic region or industrial sector; a proportion of the Sub-fund"s assets may be invested in Emerging Markets (up to 33%). In order to reach its objective, the Sub-fund can use derivative instruments to protect against movements in currencies and security prices, for investment purposes and for efficient portfolio management. The Sub-fund uses derivatives to reduce the impact of changes in currency exchange rates on the performance for this Share Class.

The Sub-fund is actively managed without reference to any benchmark, seeking to maximize long term risk-adjusted total returns comprising income and capital growth. The Sub-fund has a sustainable investment objective (within the meaning of Article 9 of Regulation (EU) 2019/2088). Details are available in the prospectus and the ESG website disclosure of the Sub-fund. At least two thirds of the Sub-fund"s net assets shall be invested (directly or indirectly) globally in debt securities with a minimum rating of B- determined by Standard&Poor"s, Moody"s or from a recognized rating agency or deemed to be of the same credit quality by the Investment Manager as well as the market-implied rating. These assets include but are not limited to: corporate bonds, government bonds as well as mortgage or covered bonds, bonds with warrants, exchangeable and convertible bonds (up to 50%), subordinated bonds, CoCo contingent convertible bonds (up to 5%) and hybrid bonds.