Anlageziel

This Sub-Fund shall implement an asset allocation strategy in bonds, other fixed or floating-rate debt securities and short-term debt instruments issued or guaranteed by sovereign or non-sovereign issuers, convertible bonds, equities, currencies and/or Cash and Cash Equivalents, denominated in OECD currencies and/or Emerging Market currencies, including CNH and CNY. The instruments described above may be of any credit quality (including below investment-grade securities). The Sub-Fund may invest up to 20% of its net assets in shares issued by mainland China-incorporated companies (including China A-Shares) that trade on exchanges. The China A-Shares will be acquired via Stock Connect. Up to 45% of the Sub-Fund's portfolio may be invested in bonds of CIBM, notably through the Bond Connect.