ODDO BHF Sustainable Credit Opportunities CI-USD[H]/  LU2270288405  /

The Sub-fund seeks to outperform the €STR plus 3% (compounded), net of fees, on an annual basis. It will invest at least 70% of its assets in the securities of issuers having their registered office in an OECD member state, and incorporate an analysis of ESG (environmental, social and governance) criteria. The investment universe comprises companies included in the following indices: ICE BofAML Euro Corporate Senior, ICE BofAML BB-B Euro High Yield Non-Financial Constrained, ICE BofAML Euro Subordinated Financial, ICE BofA Euro Non-Financial Subordinated, ICE BofAML Euro Large Cap ex Corporates and ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus. and ICE BofA Contingent Capital Index. Within the bounds of the investment process, the Investment Manager has complete leeway over the portfolio's composition and may deviate from the investment universe. Up to 100% of the Sub-fund's net assets are invested in debt securities including all types of bonds and money market instruments. These securities are denominated in the currency of an OECD member country, and a minimum of 70% of these securities are issued by issuers headquartered in an OECD member country. Up to 100% of net assets may be invested in entities whose activities are primarily conducted in a country that is not a member of the OECD, resulting in economic exposure to emerging markets. At least 80% of the portfolio's securities will be denominated in EUR and/or in USD. The Sub-fund may invest in instruments issued by entities rated at least B-: investment grade (rated at least BBB-) and high yield (rated between BB+ and B-). The Management Company does not use the ratings issued by rating agencies automatically or in isolation, as it also applies its own internal analysis. Investments in convertible bonds and contingent convertible bonds may not exceed 10% of the assets.

The Sub-fund seeks to outperform the €STR plus 3% (compounded), net of fees, on an annual basis. It will invest at least 70% of its assets in the securities of issuers having their registered office in an OECD member state, and incorporate an analysis of ESG (environmental, social and governance) criteria. The investment universe comprises companies included in the following indices: ICE BofAML Euro Corporate Senior, ICE BofAML BB-B Euro High Yield Non-Financial Constrained, ICE BofAML Euro Subordinated Financial, ICE BofA Euro Non-Financial Subordinated, ICE BofAML Euro Large Cap ex Corporates and ICE BofA Non-Financial US Emerging Markets Liquid Corporate Plus. and ICE BofA Contingent Capital Index. Within the bounds of the investment process, the Investment Manager has complete leeway over the portfolio's composition and may deviate from the investment universe.