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Page 1 of 2
KEY INVESTOR INFORMATION
This document provides you with key investor information about this Fund. It is not marketing material. The information is re quired by law to help you understand the nature and the risks of investing in this Fund. You are advised to read it so you can make an informed decision about whether to invest. Aviva Investors Sterling Corporate Bond Fund, Class 2, Accumulation shares, GBP, a sub - fund of the Aviva Investors Investment Funds ICVC (ISIN: GB00B7RBPT80). The Fund is managed by Aviva Investors UK Fund Services Limited. OBJECTIVES AND INVESTMENT POLICY
Objective: The Fund will invest in bonds issued by companies and aims to provide an income equivalent to the benchmark, and an overall net return greater than the benchmark over the long term (5 years or more). The benchmark (the "Index") is the Markit iBoxx® Sterli ng Non - Gilts Total Return Index. Core investment: At least 80% of the Fund will be invested in bonds which have been independently rated as “investment grade” with a credit rating of BBB - /Baa3 or above, issued by companies and supranational organisations i n Sterling or hedged to Sterling. Other investments: The Fund may also invest in other bonds, including those issued by governments, shares of companies, other funds (including funds managed by Aviva Investors companies), cash and deposits. Derivatives, su ch as futures, may be used from time to time, to gain a particular market exposure which would otherwise be difficult or costly to achieve, or to manage the Fund's cash flows in a cost - effective manner. Derivatives may also be used to reduce risk, such as foreign currency risk within the Fund, which is hedged using Forward Foreign Exchange contracts. This type of derivative usage is called “efficient portfolio management”. Strategy: The Fund is actively managed, and the Investment Manager will make high con viction (strong belief) investments at both a company and sector level, basing their investment selection process on a long - term outlook, whilst looking to deliver optimum risk adjusted - returns. The Investment Manager will focus on identifying what they ju dge to be higher quality corporate bonds through assessment of the business strengths and risks associated with the underlying companies, the valuation of the bonds relative to the market, the views of independent risk rating agencies, and any other releva nt factors, whilst also taking advantage of short - term opportunities when they arise. This Fund is subject to Aviva Investors' baseline exclusion policy – please see Appendix 2 of the Prospectus for information on these limited investment restrictions. Per formance & Risk Measurement: The Fund's performance is measured against the Index, after charges and taxes, whilst the income target is measured before charges and taxes. The Fund does not base its investment process upon the Index, which is only a represe ntation of the investment universe, therefore the Fund will hold
bonds that are not part of the Index, and will only hold a relatively small proportion of bonds relative to the number in the Index. The Index represents the performance of a broad range of i nvestment grade bonds issued by companies and denominated in Sterling, with a date to maturity date exceeding 1 year, but excludes government bonds. The Index has been selected as a benchmark for performance measurement because it is representative of the type of bonds in which the Fund is likely to invest, and it is therefore an appropriate measure for the Fund's performance. Note: Neither Markit, its Affiliates or any third party data provider makes any warranty, express or implied, as to the accuracy, co mpleteness or timeliness of the data contained herewith nor as to the results to be obtained by recipients of the data. Neither Markit, its Affiliates nor any datap rovider shall in any way be liable to any recipient of the data for any inaccuracies, error s or omissions in the Markit data, regardless of cause, or for any damages (whether direct or indirect) resulting therefrom. Markit has no obligation to update, modify or amend the data or to otherwise notify a recipient thereof in the event that any matte r stated herein changes or subsequently becomes inaccurate. Without limiting the foregoing, Markit, its Affiliates, or any third party data provider shall have no liability whatsoever to you, whether in contract (including under an indemnity), in tort (inc luding negligence), under a warranty, under statute or otherwise, in respect of any loss or damage suffered by you as a result of or in connection with any opinions, recommendations, forecasts, judgments, or any other conclusions, or any course of action d etermined, by you or any third party, whether or not based on the content, information or materials contained herein. Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years. Other information: You can buy and sell shares on any London business day. This is an accumulation share class and any income from the Fund will remain in the Fund and is reflected in the share price. For full investment objectives and policy details please refer to the Prospectus.
RISK AND REWARD PROFILE
1 2 3 4 5 6 7
Lower risk Higher risk Typically lower rewards Typically higher rewards This indicator is base d on historical data, calculated using European Union rules, and may not be a reliable indication of the future risk profile of the Fund. The risk and reward category shown is not guaranteed to remain unchanged and may change over time. The lowest category does not mean 'risk free'. The value of investments and the income from them will change over time. The Fund price may fall as well as rise and as a result you may not get back the original amount you invested. The Fund has been allocated a risk number ba sed on the historic volatility of its share price or where insufficient information is available appropriate asset classes. Convertible bonds risk: Convertible bonds could earn less income than comparable debt securities and less growth than comparable equ ity securities, and carry credit, default, equity, interest rate, liquidity and market risks. Counterparty risk: The Fund could lose money if an entity with which it does business becomes unwilling or is unable to meet its obligations to the Fund. Credit r isk: A bond or money market security could lose value if the issuer's financial health weakens.
Below investment grade bonds (also known as high yield securities) typically have greater credit risk than investment grade securities. Default risk: Issuers of certain bonds or money market instruments could become unable to make payments on their bonds, causing a reduction in income to the Fund and also in the value of bonds held by the Fund. Under extreme market or economic conditions, defaults could be widesp read and their effect on Fund performance significant. Derivatives risk: Derivatives are instruments that can be complex and highly volatile, have some degree of unpredictability (especially in unusual market conditions), and can create losses significantl y greater than the cost of the derivative itself. Fixed Income Risk: Investments in fixed interest securities are impacted by market and credit risk and are sensitive to changes in interest rates and market expectations of future inflation. Bonds that produce a higher level of income usually have a greater risk of default. Illiquid securities risk: Certain assets held in the Fund could, by nature, be hard to value or to sell at a desired time or at a price considered to be fair (especially in large quantities), and as a result their prices could be very volatile. Interest r ate risk — bonds: When interest rates rise, bond values generally fall. This risk is generally greater for longer - term bonds and for bonds with higher credit quality. Income Risk: The investment objective of a Fund is to generate income, at times this may limit opportunities for capital growth. Full information on the risks applicable to the Fund is detailed in the Prospectus.
Page 2
Page 2 of 2 This key investor information is accurate as at 06/02/2026
One - off charges taken before or after you invest Entry charge None Exit charge None Charges taken from the Fund over a year Ongoing charges 0.50% Charges taken from the Fund under certain specific conditions Performance fee None The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment.
The entry and exit charges shown are the maximum that might be taken o ut of your money before it is invested / before the proceeds of your investment are paid out. The ongoing charges figure is based on last year's expenses for the year ending November 2025. The figure for ongoing charges excludes performance fees and portfo lio transaction costs, except in the case of an entry/exit charge paid by the Fund when buying or selling units in another collective investment undertaking. For more information about charges please see the charges sections of the Fund's Prospectus.
PAST PERFORMANCE
Share Class Markit iBoxx Sterling Non - Gilts Total Return Index IA Sterling Corporate Bond
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 9.1 5.1 - 2.6 10.6 8.2 - 2.8 - 17.9 8.8 2.1 6.4 10.6 4.3 - 1.5 9.3 7.8 - 3.1 - 17.7 8.6 1.7 6.9 7.9 - 2.0 - 16.4 9.3 2.6 7.0 9.13 5.06 -260 -2.60 10.57 8.20 -27 -2.7 -1785 -17.85 8.79 2.1 6.35
Past performance is no guide to future performance. The past performance shown in the chart opposite takes into account all charges except entry charges. The Share Class was launched on 20 August 2012. Performance is calculated in the Share Class currency which is GBP. On 07 August the fund benchmark was u pdated from ML £ non - gilts AA - BBB index to Markit iBoxx Sterling Non - Gilts Total Return Index, historic benchmark performance reflects the new benchmark. Source: Aviva Investors/Morningstar as at 31 December 2025.
PRACTICAL INFORM ATION
Depositary - J.P. Morgan Europe Limited. More practical information about the Fund and copies of the Prospectus and the latest annual and half yearly reports are available free of charge from Aviva Inv estors UK Fund Services Limited PO Box 10410, Chelmsford, CM99 2AY. These documents will be in English and cover the whole ICVC. The latest published price of shares in the Fund and other information on the Fund, including how to buy and sell shares, is also available at www.avivainvestors.co.uk. Shares other than Class 2 are offered by the Fund, as set out in the Prospectus. You ma y switch between funds in the Aviva Investors Investments Funds ICVC. Details on switching are provided in the Prospectus. The Fund is subject to the tax laws and regulations of the United Kingdom. Depending on your own country of residence, this might hav e an impact on your investment.
The liabilities of the Fund are segregated and the assets of this Fund will not be used to pay debts of other funds. Aviva Investors UK Fund Services Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the Fund. The details of the up - to - date remuneration policy of the Management Company, including the composition of its remuneration committee, a description of the key remuneration elements and an overview of how remuneration is determined, are available on the website www.avivainvestors.com. A paper copy of the remuneration policy can be made available upon request and free of charge at the Manage ment Company's registered office.
The sub - fund launched on 02 May 1989, is authorised in the United Kingdom and regulated by The Financial Conduct Authority. Aviva Investors UK Fund Services Limited is authorised in the United Kin gdom and regulated by The Financial Conduct Authority.
-20
-15
-10
-5
0
5
10
15
Return %
CHARGES
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"text": "RISK AND REWARD PROFILE"
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"text": "Lower risk"
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"text": "Higher risk"
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"text": "Typically lower rewards"
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"text": "Typically higher rewards"
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"text": "This indicator is base"
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"text": "d on historical data, calculated using European Union"
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"text": "rules, and may not be a reliable indication of the future risk profile of the"
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"text": "Fund."
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"text": "The risk and reward category shown is not guaranteed to remain unchanged"
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"text": "and may change over time. The lowest category"
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"text": "does not mean \u0027risk free\u0027."
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"text": "The value of investments and the income from them will change over time."
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"text": "The Fund price may fall as well as rise and as a result you may not get back"
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"text": "the original amount you invested."
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"text": "The Fund has been allocated a risk number ba"
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"text": "sed on the historic volatility of"
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"text": "its share price or where insufficient information is available appropriate asset"
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"text": "Convertible bonds risk:"
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"text": "Convertible bonds could earn less income than"
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"text": "comparable debt securities and less growth than comparable equ"
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"text": "securities, and carry credit, default, equity, interest rate, liquidity and market"
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"text": "The Fund could lose money if an entity with which it does"
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"text": "business becomes unwilling or is unable to meet its obligations to the Fund."
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"text": "Credit r"
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"text": "A bond or money market security could lose value if the issuer\u0027s"
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"text": "financial health weakens."
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"text": "Below investment grade bonds (also known as high yield securities) typically"
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"text": "have greater credit risk than investment grade securities."
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