The Euro Long Average Duration Fund invests at least twothirds
of its assets in euro-denominated, fixed-income
securities. The portfolio normally maintains duration within
two years of the 15-year-plus benchmark, and may invest up
to 10% of its assets in non-investment grade securities.
Currency exposure is limited to 10% of the fund’s assets
This fund is actively managed to maximise total return while
maintaining risk consisten