AMUNDI FUNDS PIONEER GLOBAL HIGH YIELD BOND - A CZK Hgd (C)
Amundi Luxembourg SA
The Sub-Fund invests at least 80% of its assets in below- investment grade bonds, preferred stocks, convertible bonds, and mortgage-related and asset-backed securities. These securities will be from at least three countries, and may be from anywhere in the world, including emerging markets. The Sub-Fund makes use of derivatives to reduce various risks, for efficient portfolio management and as a way to gain exposure (long or short) to various assets, markets or other investment opportunities (including derivatives which focus on credit, and foreign exchange). The Sub-Fund may use derivatives to gain exposure to loans up to a maximum of 20% of its assets. The Sub-Fund does not aim to replicate the Bloomberg Barclays Global High Yield Index and may therefore significantly deviate from any reference indicator. The investment manager uses a combination of market analysis and analysis of individual bond issuers to identify those bonds that appear more creditworthy than their ratings indicate.