ABN AMRO Funds Portfolio Flexible Bonds CH USD Capitalisation/  LU1165267862  /

Portfolio Flexible Bonds belongs to the category of Funds of Mandates. The Fund seeks to increase the value of its assets over the medium term by investing predominantly and discretionary in debt securities of issuers (with no rating constraints) located throughout the world including emerging markets and high yield bonds (between 0% and 100% of the Fund's net assets). The Fund may also make use of a variety of instruments / strategies in order to achieve the Fund's objective including, but not limited to, money market instruments, convertible bonds, forward rate notes, forward foreign exchange contracts (including non-deliverable forwards), interest rate futures, bond futures and OTC swaps such as interest rate swaps and credit default swaps. The minimum asset allocation in such securities on a consolidated basis (direct and indirect investments) will be of 60% of the Fund's net assets. The Fund will respect within the remaining 40% of its total net assets and on a consolidated basis all the following limitations for investments in the below securities/instruments: (i) a maximum of 10% of the total net assets of the Fund may be invested in transferable equity securities, (ii) a maximum 10% of its net assets in funds that have been selected in accordance with a number of qualitative and quantitative criteria. The qualitative analysis assesses the stability and strength of the investment manager, as well as its investment process and philosophy. The quantitative selection process aims to select only funds with proven risk-adjusted performance. The Fund may not invest in defaulted assets but may invest in Distressed Assets up to 10% of the Fund's net assets. The Fund may use derivatives on this type of asset for investment, hedging and efficient portfolio management purposes.

Portfolio Flexible Bonds belongs to the category of Funds of Mandates.