AXA IM Euro Liquidity SRI

AXA IM Euro Liquidity SRI is a VNAV money-market fund that holds short-term corporate debt and cash-like instruments issued by companies in OECD countries, with its investable universe largely drawn from the ICE Bank of America Euro Corporate Index. The portfolio is actively and dynamically managed: managers pick money-market instruments (including some asset-backed commercial paper that does not meet STS criteria) based on issuer-level financial analysis combined with ESG/SRI screening. The fund targets slightly above short-term euro money-market rates (compounded €STR + 2 basis points) over a roughly two-month horizon and may allocate a small portion of assets to specified ancillary cash or non-public debt exposures (up to the limit stated in the fact sheet).