Absolute Return Fixed Income IPC EUR Acc

The Fund seeks to grow your capital and generate income by investing primarily in worldwide bonds, money market instruments, fixed income and currency derivatives such as but not limited to Credit Defaults Swaps (CDS), futures, swaps and options. The Fund is actively managed with an absolute return approach and seeks a positive performance above the prevailing cash rate in the reference currency of any given share class. The Fund is allowed to invest without limits in currencies other than its base currency (EUR) but the currency risk is limited to 30% of its net assets. A minimum of 50% of the bond investments will be in issuers deemed to maintain sustainable characteristics with a minimum Environmental, Social and Governance (ESG) rating of BBB for developed market issuers and BB for emerging market issuers as measured by MSCI ESG research or if such rating is not available an equivalent internal rating assigned by the Investment Manager. ESG investment strategy is based on three pillars: (i) Sector exclusion according to the UBP Responsible Investment policy; (ii) ESG integration to select issuers through the analysis of ESG and financial factors; (iii) a preference for Green, Social and Sustainability bonds. A performance fee -defined in the "Costs" section- is applied to some share classes (the "Benchmark"). The Benchmark is not representative of the risk profile of the Fund and the performance of the Fund is likely to be significantly different from that ot the Benchmark because the Investment Manager has significant discretion to deviate from its securities and weightings. The Fund may invest its net assets up to: - 80% in High yield - 60% in Emerging countries (including China through Bond Connect) - 20% in Asset Backed Securities (ABS) - 20% in equity including equity derivatives - 20% in Contingent Convertible bonds (CoCos). High yield bonds are issued by entities whose activity is more sensitive to the economic cycle and pay higher interest. The return on such securities, in the same way as their level of risk, is therefore higher than traditional bond products. The Fund’s base currency is EUR. Any income received by the Fund is reinvested (capitalisation share class). Investors in the Fund can subscribe and redeem units on any business day in Luxembourg except days where the decisive markets are closed: United States (US), United Kingdom (UK), Eurex. Details of the closing days are available here: https://www.ubp.com/en/ouroffices/ ubp-asset-management-europe-sa. The recommended holding period is minimum 3 years.