BNP Paribas Flexi I Bond World Emerging Investment Grade I Plus Capitalisation

The fund seeks to increase the value of its assets over the medium term. This sub-fund invests at least 90% of its assets in investment grade bonds or other investment grade fixed income instruments issued by emerging countries (Non OECD countries as at 1 January 1994 as well as Turkey, and Greece), and by companies that have their registered offices in or conduct the majority of their business activity in one of these countries (including SUKUK for a maximum investment of 20% of the assets of the sub-fund), and also in financial derivative instruments on this type of asset. The sub-fund may not be invested in securities with a rating below BBB- (S&P or Fitch) or Baa3 (Moody's).