Mediolanum Challenge International Bond SB/  IE00B605P459  /

The Sub-Fund's objective is to achieve medium-long term capital growth while limiting fluctuations in the amount originally invested. The Sub-Fund invests in global high quality fixed income securities (such as bonds issued by companies or governments) either directly and/or indirectly (e.g. by investing in derivatives). The fixed income securities will primarily be investment grade (by a generally recognised rating agency). Up to 30% may be invested in securities rated below investment grade. The Sub-Fund may use financial derivative instruments (FDIs) whose performance is linked to that of underlying security(s) or asset class(es). Their use may be for efficient portfolio management, hedging and/or direct Investment purposes.

The Sub-Fund's objective is to achieve medium-long term capital growth while limiting fluctuations in the amount originally invested. The Sub-Fund invests in global high quality fixed income securities (such as bonds issued by companies or governments) either directly and/or indirectly (e.g. by investing in derivatives).