BlueBay Funds - BlueBay Financial Capital Bond Fund I - USD

The Sub-Fund is actively managed, does not reference any benchmark and aims to achieve a total return from a portfolio of subordinated debt securities issued by financial institutions while taking into account ESG considerations. The Sub-Fund invests at least 50% of its net assets in subordinated debt securities issued by financial institutions. Subordinated debt securities include, but are not limited to, Tier 1 and Tier 2 contingent convertibles (“CoCos”) and US perpetual preferred stock. The Sub-Fund may invest in fixed income securities of any rating, in unrated debt securities and in Distressed Debt Securities.