L&G Emerging Markets Bond Fund I CHF Hedged Accumulation/  LU2569519593  /

The objective of the Fund is to provide a combination of growth and income above that of the Blended Benchmark consisting of 50% JP Morgan EMBI Global Diversified Total Return Index and 50% JP Morgan CEMBI Diversified Total Return Index, the "Benchmark Index". The Fund is actively managed and aims to outperform the Benchmark Index by 1.25% per annum. The Fund aims to deliver this objective while maintaining a lower weighted average carbon intensity than the Benchmark Index.The Manager has broad discretion over the composition of the fund"s portfolio. The degree to which the composition of the Fund's portfolio may deviate from the Benchmark Index will vary over time and the Fund's performance may be meaningfully different from that of the Benchmark Index. The Fund will invest in fixed income securities (investments that provide a certain level of income) issued in emerging countries. These include corporate bonds, government bonds and other debt instruments. The Fund can invest up to 20% of its assets in distressed debt securities (securities that are, or are about to be, involved in reorganisations, financial restructurings, or bankruptcy).The Fund will invest primarily in debt rated by a recognised rating agency as investment grade (rated as lower risk). It may also invest in debt rated as sub-investment grade (rated as higher risk). Credit ratings give an indication of how likely the issuer of a bond will be able to pay back interest and the loan on time. The Fund may also invest in unrated bonds which have not been rated by a credit rating agency, as well as in other transferable securities, including but not limited to, depository receipts, permitted deposits, warrants, money market instruments, cash, near cash and units in collective investment schemes. Derivatives may also be used to protect or enhance the value of the Fund or to seek to reduce the risks of certain investments. Derivatives are financial instruments whose values are based upon the price of one or more other asset(s).

The objective of the Fund is to provide a combination of growth and income above that of the Blended Benchmark consisting of 50% JP Morgan EMBI Global Diversified Total Return Index and 50% JP Morgan CEMBI Diversified Total Return Index, the "Benchmark Index". The Fund is actively managed and aims to outperform the Benchmark Index by 1.25% per annum.