BL Corporate Bond Opportunities

Risk level

Performance

Performance as at 31/05/2023

FUNDS
2020	0,33 %
2021	-1,77 %
2022	-14,40 %
Since 01/01/2023	2,01 %
Over the last 12 months	-3,62 %
Over 3 years	-10,85 %
Since launch	-12,29 %

Strategy

Investment objective and policy

The fund’s objective is to generate income and capital appreciation with moderate volatility. The recommended investment horizon is medium term. It is mainly invested in bonds, including high yield bonds, issued by private and quasi-sovereign issuers in developed countries and emerging markets. However, at least 60% of the portfolio's net assets must be investment grade. The portfolio has no specific constraints in terms of the currency of the selected issues. An ESG strategy will be implemented through the integration of impact bonds while for corporate bonds, the fund manager will pay particular attention to environmental and social indicators with the aim of these improving over time. A minimum of 20% of the fund’s assets will be invested in sustainable assets. Through an active strategy, the fund manager aims to outperform the fund’s investment universe over a medium to long-term horizon while protecting the capital in downturns.

General information

Net Asset Value
Calculated	Every business day
NAV class B capitalisation shares (31/05/2023)	83,05 EUR
NAV class A distribution shares (31/05/2023)	191,92 EUR
CODES	ISIN capitalisation code : LU0093571148 ISIN distribution code : LU0093571064 WKN capitalisation code : 989878 WKN distribution code : 937801 SICOVAM capitalisation code : 959291 SICOVAM distribution code : 959290
Net assets (million)	349,24 EUR
Launch date	31/12/1998