ERSTE BOND CORPORATE BB EUR I01 A

The ESPA BOND CORPORATE BB is a bond fund that aims to achieve a high current yield. The fund primarily invests in bonds issued by companies with a credit rating of BB (as assessed by recognized rating agencies, primarily Standard & Poor's). The portfolio is diversified across different companies and sectors through active security selection.

The fund is exposed to corporate bonds, international bonds, government bonds, bank bonds, and other corporate bonds, which may be denominated in either Euro or foreign currencies. There are no geographical or sector restrictions on the issuers. Derivative instruments are used as part of the investment strategy for risk management and duration control.

Potential risks associated with this fund include credit risk, interest rate risk, currency risk, and market risk. The fund may also be exposed to risks related to derivative instruments and the use of leverage for investment purposes. The value of investments can fluctuate, and investors may not get back the full amount they invested.

https://www.erste-am.de/de/institutionelle-anleger/factsheet/erste-bond-corporate-bb/AT0000A2AL16