AXA Fixed Interest Investment ICVC - AXA US Short Duration High Yield Fund ZI Gross Accumulation

The aim of the Fund is to generate income by investing in high yield debt securities (being sub-investment grade corporate bonds) while seeking to avoid the risk of default.

The Fund aims to deliver a return by investing at least 60 per cent of its Net Asset Value in high yield bonds (being sub-investment grade corporate bonds, meaning bonds with a rating of BB+ and below by Standard & Poor or equivalent rating by Moody's or Fitch) with a bias towards shorter maturities (where the full repayment of the bond by the company is expected to be less than three years), issued primarily by companies with their predominant place of business in the US.

Investors should note that the Fund does not have a benchmark to measure its financial performance. The SONIA Compounded Index may be used by investors to compare the Fund's financial performance, which the fund manager believes best reflects the outcome of the Fund's short duration investment strategy when used to compare the performance of the Fund over a minimum period of three years.

https://funds.axa-im.co.uk/en/adviser/fund/axa-us-short-duration-high-yield-fund-z-g-accumulation-gbp/