AXA Global High Yield A Acc

The fund aims to provide long-term high income combined with any capital growth over a period of 5 years or more.

The fund primarily invests in a diversified portfolio of high yield bonds issued by companies anywhere in the world. The fund manager focuses on credit analysis to create a portfolio of bonds that seeks diversification across companies showing improving resilience against default. The fund manager has the freedom to take positions different from the ICE BofA Developed Markets High Yield Constrained Index (HYDC), which the fund uses as a reference.

Investors should be aware that this fund may not be suitable for those planning to withdraw their contribution within five years. Additionally, the fund may use derivatives to reduce the risk of movements in exchange rates between different currencies and to manage overall investment risks.

https://funds.axa-im.com/en/fund/axa-global-high-yield-fund-z-g-income-gbp/