GAM Local Emerging Bd.EUR Ra H/  LU0984443605  /

The aim of the sub-fund ("Fund") is to achieve an above-average return over the long term. For this purpose, the Fund invests in debt securities from borrowers in emerging economies. Emerging economies are those which are in the process of developing into modern industrialised economies and therefore offer a high level of potential but also harbour an increased level of risk. The Fund invests at least 2/3 of its assets in debt securities which are issued or guaranteed by borrowers from emerging economies. These debt securities are denominated in the local currency or tied to it. The Fund may also invest in debt securities in other currencies or from borrowers in other countries. Because the Fund invests its assets in various currencies, it may hedge against fluctuations vis-à-vis the Fund's base currency. The Fund invests in floating and fixed-rate debt securities. These securities are issued predominantly by governments and quasi-state entities.

The aim of the sub-fund ("Fund") is to achieve an above-average return over the long term. For this purpose, the Fund invests in debt securities from borrowers in emerging economies. Emerging economies are those which are in the process of developing into modern industrialised economies and therefore offer a high level of potential but also harbour an increased level of risk.