So investiert der AXA World US Libor Plus F EUR Acc Fonds: The objective of the Sub-Fund is to achieve a mix of income and capital growth by investing in fixed and floating rate securities. The Investment Manager will seek to achieve the investment objective of the Sub-Fund by investing primarily in floating rate and fixed rate investment grade securities. Investment grade securities are defined as those securities rated within the four highest rating categories by all nationally recognized statistical rating organizations (NRSRO) which rate it. Such securities include primarily mortgage-backed securities, asset-backed securities, commercial mortgage-backed securities, as well as U.S. government securities, U.S. agency securities, corporate fixed-income securities, convertible bonds, U.S. pay international bonds, non U.S. pay international bonds, Collateralized Debt Obligations (“CDO”), Collateralized Loans Obligations (“CLO”) and money market instruments.