Anlageziel CT (Lux) - European Social Bond Fund ZEP EUR Distribution Fonds

The Portfolio is actively managed and seeks to achieve a total return from income and capital appreciation by investing in debt securities that are considered to provide positive social outcomes by supporting or funding socially beneficial activities and development principally in Europe. To meet its objective, the Portfolio invests at least 90% of its net assets in all forms of debt securities issued by a government or a supranational, public, private or voluntary and/or charitable sector organisation, whether they have a fixed, floating, variable or index-linked rate or have a zero coupon. These securities may include covered bonds, agency bonds, mortgage and assetbacked securities (the mortgage and asset-backed securities not exceeding 10% of the Portfolio’s Net Asset Value) and Contingent Convertible Bonds (not exceeding 10% of the Portfolio’s Net Asset Value).