CT (Lux) Eur.Sh.T.HY.B.AEP EUR/  LU1979271944  /

The Fund aims to provide income with the potential to grow the amount you invested over the medium term. The Fund invests at least half of its assets in below investment grade bonds (which are similar to a loan and pay a fixed or variable interest rate) with a residual maturity of four years or less issued by companies in Europe, including the UK, or companies that have significant operations there and/or priced in Euros or Sterling. Bonds rated as below investment grade have received lower ratings from international agencies that provide such ratings and are considered riskier than higher rated bonds but typically pay a higher income. The Fund may invest in securities which qualify as distressed securities up to 10% of its net assets and up to 20% in asset-backed securities (ABS) and/or mortgage-backed securities (MBS). The Fund invests directly in these assets or by using derivatives (complex instruments). Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create leverage. Where leverage is created, the net asset value of the Fund may experience more fluctuation than if there were no leverage. The Fund may also use derivatives for hedging purposes or to manage the Fund more efficiently. The Fund may also invest in asset classes and instruments different from those stated above. The Fund is not managed in reference to a benchmark.

The Fund aims to provide income with the potential to grow the amount you invested over the medium term.