CM-AM SICAV - CM-AM High Yield 2024 RC

The objective of this actively managed UCITS fund is to seek a performance net of fees that is higher than that of its benchmark index, the actuarial yield of OAT 1.75% 25 November 2024, through exposure to high yield securities with no rating or a low rating.

In order to achieve its objective, the fund primarily invests in fixed income instruments issued by governments or the public or private sector, in all geographic regions including emerging markets, in any rating category, as assessed by the Management Company or by the rating agencies, or that are unrated. The fund may also invest a small portion in equity markets of all geographic regions, market capitalizations, and sectors. Instruments issued in a currency other than the Euro are systematically hedged against currency risk.

Investing in high yield securities with no rating or a low rating involves a greater risk compared to a portfolio composed exclusively of securities rated 'Investment Grade'. The speculative nature of these debt securities of certain companies may lead to higher returns but also higher risks. Additionally, the fund may be exposed to risks associated with financial futures contracts, options, securities with embedded derivatives, and temporary purchases and sales of securities.

https://www.creditmutuel-am.eu/ie-en/non-professionals/our-funds.html