Evli Corporate Bond B

The fund aims to primarily invest in euro-denominated bonds issued by European companies and banks, with a focus on both investment grade and high yield credit ratings. The fund seeks to maintain an average credit risk level while diversifying investments among different issuers.

The fund's exposure includes 75% investment grade bonds and 25% high yield bonds, with a maximum of 20% in investments with no official credit rating. The fund's benchmark index consists of the ICE BofAML EMU Corporate Index (75%) and the ICE BofAML Euro High Yield BB-B Rated Constrained Index (25%), with the possibility of deviating +/- 3 years in duration.

Investors should be aware that variations in credit risk pricing and general interest rate levels can significantly impact the fund's performance. Additionally, the fund may invest in derivatives contracts for hedging purposes and active portfolio management, with a focus on reducing currency risk associated with non-euro denominated investments.

https://www.evli.com/en/products-and-services/funds/ecb