Nomura Fd.Ireland plc-Gl. Dyn.Bd.Fd.ID H/  IE00BTL1H815  /

The fund aims to achieve income and capital growth by investing primarily in a globally diversified portfolio of bonds (which are like loans that can pay a fixed or variable rate of interest). The bonds are issued mainly by companies, governments and other financial institutions from around the world. Up to 30% of the fund may be invested in bonds of companies, governments and other financial institutions issued in emerging markets. The investment manager has full discretion when deciding which investments should be held in the fund but will primarily buy bonds that have been rated by at least one rating agency (Standard & Poors or Moody's). The fund may purchase up to 30% of its Net Asset Value in unrated securities (which are not rated by a rating agency) if the investment manager determines that the security is of comparable quality to a rated security that the fund may purchase. The fund may use derivatives for investment purposes (such as trying to achieve higher returns) or to manage the effect of changes in interest rates and reduce some of the market risks. Derivatives are linked to the rise and fall of other assets. In other words, they derive their price from another asset.

The fund aims to achieve income and capital growth by investing primarily in a globally diversified portfolio of bonds (which are like loans that can pay a fixed or variable rate of interest).