Category: SICAV

The objective of this Sub-Fund is to track the performance of Markit iBoxx Euro Liquid Corporates Top 75 Mid Price TCA Index, and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index. The Sub-Fund aims to achieve a level of tracking error of the Sub-Fund and its index that will not normally exceed 1%. The Index is a Total Return Index : the coupons paid by the index constituents are included in the index return. Markit iBoxx Euro Liquid Corporates Top 75 Mid TCA Index is a bond index representative of euro-denominated, Investment Grade, senior or subordinated bonds issued by public or private companies ("corporates"). More information about the composition of the index and its operating rules are available in the prospectus and at: Markit The Index value is available via Reuters (.IBXXELC1) and Bloomberg (IBXXELC1). Dividend Policy : the accumulation share automatically retains, and re-invests, net investment incomes within the Sub-Fund when the distribution share pays dividends. The minimum recommended holding term is 5 years. The Sub-Fund's shares are listed and traded on one or more stock exchanges. In normal circumstances, you may deal in shares during the trading hours of the stock exchanges, provided that the Market Makers can maintain market liquidity. Only authorised participants (e.g. selected financial institutions) may deal in shares directly with the Sub-Fund on the primary market. Further details are provided in the prospectus of the UCITS.