Bel Canto SICAV - Fidelio Dynamic Income BD USD

The investment objective of this sub-fund is to build a diversified portfolio of securities issued by companies or governments worldwide, seeking to control economic and monetary risks while investing in fixed income securities and equities of European and North American public or private issuers.

The fund is exposed to a mix of fixed income securities and equities of European and North American issuers, with a focus on corporate international fixed income securities rated at least Baa3/BBB- by major credit rating agencies. The fund may also invest in securities from other OECD and emerging countries, with limited exposure to emerging markets and non-USD currencies.

Investors should be aware of various risks associated with this fund, including derivatives risk, market risk, interest rate risk, emerging markets risk, credit risk, liquidity risk, operational risk, and sustainability risk. These risks could result in fluctuations in the fund's value and potential losses.

https://www.santanderassetmanagement.lu/documents/download/bel-canto-sicav-notice-to-shareholders-dividend-lu-en