AZ Fund 1 AZ Allocation - Long Term Credit Opportunities A-AZ EUR Acc

The Sub-fund's investment objective is to achieve medium and long-term capital growth. The Sub-fund seeks to achieve its investment objective by actively managing a diversified portfolio of fixed and/or variable income debt securities issued by governments, supranational institutions or governmental bodies worldwide and/or companies worldwide. The Sub-fund prefers high-yield securities such as high-yield bonds and emerging market debt securities, including frontier markets. The Sub-fund mainly invests in securities that are listed or traded on regulated markets in an OECD country. The Sub-fund may also invest up to 10% of its net assets in securities that are listed or traded on regulated frontier markets.