Vontobel Fund TwentyFour Sustainable Short Term Bond Income HNG USD H

Objectives and investment policy This actively managed Sub-Fund aims to achieve a positive total return over a 3-year period whilst maintaining an annualized volatility of no more than 3%. It promotes certain environmental and social characteristics within the meaning of Article 8 SFDR and invests in issuers that the Investment Manager considers well-prepared to handle financially material environmental and social challenges. Issuers will be screened in accordance with the Investment Manager's view of appropriate sustainability parameters as measured in the Investment Manager's proprietary Environmental (“E”) and Social (“S”) scoring model. It partially invests in sustainable investments by investing in securities of corporate issuers that have made a Net Zero commitment. More details can be found in the prospectus. The sub-fund invests at least two-thirds of its assets in bonds and similar fixed-interest and floating-rate securities issued by corporate issuers with investment grade rating and with an expected remaining maturity of less than 5 years. The average time to maturity shall not exceed 3.5 years. Up to 20% may be invested in assetbacked securities and up to 20% in contingent convertible bonds (CoCo-Bonds). In adverse market conditions, the sub-fund may hold up to 100% in securities issued or guaranteed by public, semi-public or supranational institutions along with money market instruments or cash. Type of approach: The sub-fund promotes environmental and social characteristics by following integration and exclusion approaches by investing in debt securities of companies with excellent Environmental, Social and Governance (ESG) ratings. Companies must have an ESG rating above a minimum threshold (which excludes a large part of the comparable benchmark) based on the investment manager's proprietary scoring model (positive screening), as well as absolute prohibitions (negative screening) in certain sectors. Measurable objective/Investment universe/ Threshold: The implementation of the sustainability selection criteria as described above, leads to exclusion of at least 20% of potential investments. Main methodological limits: potential inconsistency, inaccuracy or lack of availability of ESG data issued by third party providers. Up to 33% of the sub-fund's assets may be invested outside of the aforementioned investment universe, in particular in fixed income securities issued or guaranteed by government, government-related and supra-national issuers or to high yield bonds. It may invest in issuers domiciled worldwide, with no more than 20% of the subfund's assets exposed to emerging markets. The sub-fund may use derivatives to achieve the investment objective and for hedging purposes. The currency of this class is continually hedged against the Sub- Fund's main currency. This hedging does not necessarily cover all currency risks. It entails costs which in turn reduce the share class' return. The sub-fund is not managed with reference to a benchmark. The portfolio manager has full investment discretion within the predefined investment limits. Any income generated will be reinvested and included in the value of your shares. Buying and selling securities entails transaction costs payable in addition to the charges listed. Redemption of shares: daily when banks in Luxembourg and in London are open for normal business (see prospectus for details and exceptions). HNG (hedged) shares are reserved exclusively for specific investors and for investors who invest at least 50 million GBP. They do not grant any rebate or retrocessions. See prospectus for details.