The management objective of the Fund is to achieve an attractive yield over the recommended period of 7 years from the launch date of the Sub-Fund until 31st December 2023.
The Fund mainly invests in government and corporate bonds of any credit quality from Asia Pacific countries, excluding Japan, that mature on or before 31 December 2023. Specifically, the sub-fund invests up to 100% of its net assets in fixed and floating rate debt securities as well as in money market instruments that are issued in those countries.
The sub-fund does not invest in securities that are distressed or defaulted at the time of investment. However, if they subsequently become distressed or defaulted, the sub-fund may continue to hold them.
La Francaise Lux – JKC Asia Bond 2023 is a UCITS IV SICAV authorized for distribution in France, Switzerland, Singapore and Luxembourg.