DB ESG Fixed Income LC

The objective of the investment policy of the sub-fund is to generate an attractive return in euro. The sub-fund is actively managed and is not managed with reference to a benchmark. The sub-fund can invest worldwide in fixed rate and floating rate securities, convertible bonds, units in money market and bond funds and deposits with credit institutions, zero-coupon bonds, warrant-linked bonds and dividend-right certificates, certificates on investments whose underlyings are bonds such as bond indices and bond baskets, as long as these are securities as defined in article 41 of the Law of 2010. The focus here is on securities denominated in euro. To minimize the currency risk, assets not denominated in euro may be hedged against the euro.