Berenberg EM Local Bonds B A

The fund aims to achieve adequate and steady growth by investing at least 51% in fixed-income securities and money market instruments issued by governments, corporations, and financial institutions worldwide.

The fund primarily focuses on investing in liquid bonds denominated in currencies outside the Eurozone, with issuers typically coming from countries with favorable macroeconomic indicators such as government debt, inflation, and economic performance. The fund is actively managed in terms of duration, issuers, and currencies, with the ability to temporarily hedge against extreme currency fluctuations.

The fund may engage in derivative transactions to hedge positions or enhance returns. It is not managed with reference to a benchmark, and any income generated remains within the fund (potentially within this share class), increasing the value of the shares. Investors can access the fund's prospectus, current reports, share prices, and additional information in German on the company's website.

https://www.berenberg.de/funds/berenberg-em-local-bonds/