Pareto Nordic Cross Credit H EUR
ISIN LU2023200236 / Valor null
Pareto Nordic Cross Credit H EUR
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General Objective
The sub-fund aims to achieve the best possible return relative to the risk taken by investing in fixed income and fixed income related securities while incorporating ESG criteria into the Fund’s security analysis and selection criteria.
Fund Exposure
The sub-fund primarily invests in debt securities issued by companies domiciled or with a presence in the Nordic region, including subordinated, hybrids, perpetual, convertible bonds, and contingent convertible bonds. It may also hold distressed debt securities or shares as a result of a restructuring, with an average interest rate duration of the portfolio between 0 and 4 years.
Risks
Some investments of the sub-fund are expected to have higher risk and return than traditional securities due to a higher credit risk, with debt securities rated corresponding to investment Grade or High Yield. Additionally, the sub-fund may invest up to 20% of its Net Asset Value in CoCos and use derivatives to achieve its investment objective or reduce risks.
Source
https://paretoam.com/en/sweden/our-funds/pareto-nordic-cross-credit-a-sek/
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