New Millennium - Augustum High Quality Bond L

The objective of this Sub-fund is to achieve higher results than those generally offered by money market instruments while maintaining a low risk level.

The Sub-fund invests in bonds, both fixed and floating rate, issued mainly by European issuers. Bonds are mainly issued by Government and Supranational issuers of which at least 20% issued by Governments belonging to G8 countries and Supranational issuers.

Investment in securities with no rating or with rating lower than “investment grade” is not allowed. Exchange rate risk is limited to 20% of the net asset value thanks to the hedging against the Euro of the main currency positions. Derivative instruments can be used for investment purposes, with a total commitment not exceeding 100% of net asset value. The active management approach involves a deviation from the reference index which can be significant.

https://www.natam.lu/en/ourfunds/details/1/new_millennium_sicav