AMF classification: Euro-denominated bonds and debt securities
ISIN code: FR0011330513 (Share class R)
Inception date* : 30 October 2012
Reference benchmark: Until 28/06/2016, the reference benchmark replicated the performance of the composite index comprising 30% capitalised EONIA and 70% the Euro MTS 1-3 years index, net coupons reinvested. As from 28/06/2016 and until 27/02/2018, the reference benchmark was the composite index comprising 30% capitalised EONIA and 70% the Bloomberg Eurozone Sovereign Bond Index 1 to 3 years, net coupons reinvested. As from 27/02/2018, the reference benchmark is the composite index comprising 30% capitalised EONIA and 70% the Bloomberg Barclays EuroAgg Corporate 1 – 3 Years TR Index, net coupons reinvested.
Recommended investment horizon: 2 years.


* The inception date corresponds to the first available NAV

The historical data used to calculate this benchmark may not be a reliable indicator of the UCITS’ future risk profile. The risk category associated with this UCITS is not guaranteed and may change over time. The weakest category does not mean a “risk-free” investment. The UCITS’ capital is not guaranteed.

The above benchmark reflects the UCITS’ volatility over five years based on its main exposure to euro-denominated bonds and debt securities. It is calculated based on the fund’s historical returns and, in the event of insufficient historical data, based on the returns of its benchmark.

Major risks for the UCITS that have not been sufficiently taken into account by the benchmark are:

- Credit risk: This concerns, for marketable bonds and debt securities, as well as money market instruments, the risk of a sudden deterioration in the creditworthiness of an issuer or that of its default. This risk is more significant for speculative, high-yield securities.

- Impact of financial techniques: The use of derivative financial instruments may lead to increased market movements within the UCITS, thereby leading to more significant changes in net asset value (whether upwards or downwards).