Lord Abbett Climate Focused Bond Fund A USD Accumulation
ISIN IE00BFNXRZ48 / Valor 25753466
Lord Abbett Climate Focused Bond Fund A USD Accumulation
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General Objective
The fund seeks to deliver total return by investing in the securities of issuers believed to have a positive impact on the climate.
Fund Exposure
The fund is exposed to a global fixed income portfolio that focuses on climate-focused bonds, with a benchmark of the ICE BofA Green Bond Hedged USD Index.
Risks
Key risks associated with the fund include credit risk, interest rate risk, high yield risk, and the risk that the climate-focused investment strategy may negatively affect performance relative to unconstrained peers. Currency exchange rate fluctuations may also impact fund returns.
Source
https://www.lordabbett.com/en/strategies/mutual-funds/climate-focused-bond-fund.html
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