Objective is to track the performance of Bloomberg MSCI Global Corporate High Yield SRI Sustainable Index, and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index. The Index offers exposure to the high yield corporate bond market denominated in USD, EUR and GBP. This index is based on the Bloomberg Global High Yield Corporate Index and applies additional criteria to include issuers with MSCI ESG Ratings of BBB or higher and negatively screens issuers that are involved in business activities that are restricted. Income is reinvested into the fund. This product is based overseas and is not subject to UK SDR Rules. Sustainability-related information is available on the issuer’s website.
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