F.U.S.Man.Inc.2028 Fd.D4 EUR/  LU2475505850  /

The Fund invests in a diversified portfolio of debt and equity securities, primarily in the US. The Fund may shift its investments from one asset class to another based on the Investment Manager"s analysis of the best opportunities in a given market or sector taking into account both bottom-up fundamental security analysis and top-down considerations such as interest rates, inflation, commodity prices, credit cycle and other macro-economic factors. The Fund seeks income by investing in a combination of corporate, agency and government bonds, common stocks with attractive dividend yields, as well as structured notes linked to individual securities or indexes. The Fund may invest up to 10% of its assets in non-US securities. The Fund may have up to 45% net long exposure directly or indirectly to equities and equity-related securities. The remaining net assets are normally invested directly or indirectly in debt securities. The value of non-Euro denominated debt securities will be hedged back to the base currency of the Fund. Equity securities generally entitle the holder to participate in a company"s general operating results. In its search for growth opportunities, the Fund invests in common stocks of companies from a variety of industries, but from time to time, based on economic conditions, the Fund may have significant investments in particular sectors. Equity securities also include preferred stocks, closed-ended REITs, equity-linked notes, equity securities resulting from the conversion of debt securities, as well as American Depositary Receipts. Debt securities represent an obligation of the issuer to repay a loan of money, and generally provide for the payment of interest. These include long and short-term, fixed and floating rate debt securities, secured and unsecured bonds, mortgage and other asset-backed securities (limited to 10% of the Fund"s net assets), private placement securities, bonds convertible into common stock, notes and debentures. The Fund may invest in lower rated or non-investment grade bonds, and may passively obtain (through downgrade of held assets) defaulted debt or distressed debt securities. The Fund may invest up to 25% of its assets in securities that are rated below investment grade, inclusive of holding of distressed debt and defaulted debt securities up to 5% of the Fund" net assets. The Fund may also invest up to 5% of its net assets in convertible or contingent convertible debt securities. Generally, lower rated securities offer higher yields than more highly rated securities to compensate investors for the higher risk. Further information is contained in the section "Risk Considerations".

The Fund invests in a diversified portfolio of debt and equity securities, primarily in the US. The Fund may shift its investments from one asset class to another based on the Investment Manager"s analysis of the best opportunities in a given market or sector taking into account both bottom-up fundamental security analysis and top-down considerations such as interest rates, inflation, commodity prices, credit cycle and other macro-economic factors. The Fund seeks income by investing in a combination of corporate, agency and government bonds, common stocks with attractive dividend yields, as well as structured notes linked to individual securities or indexes. The Fund may invest up to 10% of its assets in non-US securities. The Fund may have up to 45% net long exposure directly or indirectly to equities and equity-related securities. The remaining net assets are normally invested directly or indirectly in debt securities. The value of non-Euro denominated debt securities will be hedged back to the base currency of the Fund.