English to German Bus/Financial Investment / Securities

The investment strategy of XXX (denominated in EUR) is based on a discretionary allocation of its net assets among several asset classes, over a minimum recommended investment horizon of three years. The two main
performance drivers are:

(i)An equity strategy that exposes 0% to 50% of the net assets to the following assets: international equities of all market caps and sectors, including emerging markets, forward financial instruments traded on regulated markets and/or over-the-counter that hedge, or provide exposure to, various sectors, geographical regions or market caps, and, on an accessory basis, UCITS offering exposure to international markets, including emerging markets. This includes the equity risk of convertible bonds.

(ii)A ***“bond yield” strategy*** that exposes 0% to 100% of the net assets to the following assets: bonds and other international debt securities, including emerging-market ones, and those from public- or private-sector issuers of all ratings and even those not rated by the standard ratings agencies (Standard & Poor’s, Moody’s, and Fitch Ratings), derivatives, including but not limited to futures, options and over-the-counter derivatives with underlying assets such as bonds listed on international regulated markets or bond indices for exposure or hedging purpose, and, on an accessory basis, UCITS offering exposure to bonds, including high-yield ones. With this in mind, as much as 50% of the net assets may be exposed directly or indirectly to high-yield bonds (rated not higher than BBB- or equivalent by the said rating agencies), while exposure to bonds


Danke im Voraus!