LUX IM ESG UBS Short Term Euro Corporates AX

The investment objective of the Sub-fund is to provide an attractive return over the short term by investing in a diversified portfolio of debt securities with a focus on Euro denominated corporate bonds. The portfolio construction process combine the top-down macroeconomic assessment and the bottom-up analysis of the target issuers based on the analysis of the financial fundamentals and the integration of binding environmental, social and governance (“ESG”) factors, in accordance with the ESG policy available.