Description

The Sub-Fund is an index-tracking UCITS passively managed. This Sub-Fund promotes environmental and/or social characteristics within the meaning of article 8 of SFDR. The Reference Currency of the Sub-Fund is the Euro (EUR). The investment objective of (the “Sub-Fund”) is to track both the upward and the downward evolution of the Bloomberg Barclays MSCI EUR Corporate Liquid SRI Sustainable Index (the “Index”) denominated in Euros and representative of the performance of the investment grade corporate bond market denominated in Euros, while minimizing the volatility of the difference between the return of the Sub-Fund and the return of the Index (the “Tracking Error”). For Monthly hedged share classes mentioned in APPENDIX C - SUMMARY OF SHARES AND FEES, the Sub-Fund will also use a monthly currency-hedge strategy, in order to minimize the impact of the evolution of each respective share class currency against currencies of each Index component.