Pareto SICAV - Pareto Nordic Cross Credit H NOK/  LU2023200079  /

The sub-fund aims to achieve the best possible return, relative to the risk taken by the sub-fund. The sub-fund invests in fixed income and fixed income related securities issued by financial institutions, corporations, agencies, governments and municipalities while incorporating ESG criteria into the Fund"s security analysis and selection criteria. These debt securities may include subordinated, hybrids, perpetual, convertible bonds and contingent convertible bonds. The sub-fund may invest up to 20% of its Net Asset Value in CoCos. Some investments of the sub-fund are expected to give it a higher risk and return than traditional securities due to a higher credit risk. The debt securities may be rated or unrated and have credit risk corresponding to investment Grade or High Yield. The sub-fund may hold distressed debt securities or shares as a result of a restructuring. The sub-fund primarily invests in securities issued by companies domiciled or with a presence in the Nordic region. The average interest rate duration of the sub-fund"s portfolio shall be between 0 and 4 years.

The sub-fund aims to achieve the best possible return, relative to the risk taken by the sub-fund.