open/document-extraction
View Schema
This view of the annotation often reflects the precision of the extraction model or annotator, as well as the complexity of the document.
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 Strategic Bond Fund, Class 5, Income shares, GBP, a sub - fund of the Aviva Investors Investment Funds ICVC (ISIN: GB00BD5CS071). The Fund is managed by Aviva Investors UK Fund Services Limite d. OBJECTIVES AND INVESTMENT POLICY
Objective: The Fund will aim to grow your investment through a combination of income and capital returns by investing in bonds issued by companies, governments or supranational organisations, whilst aiming to provide a net return greater than the benchmark over the long term (5 years or more). The benchmark (the "Index") is a Bloomberg® Composite Index, as detailed below. Core investment: At least 80% of the Fund will be invested in bonds, issued in Sterling or hedged to Sterling, and no more than 60% of the Fund wil l be invested in bonds which have been independently rated as sub - investment grade with a credit rating below BBB - /Baa3. Sub - investment grade bonds are typically regarded as being of lower quality and therefore higher risk than “investment grade” bonds, bu t typically offer a higher yield. Other investments: The Fund may also invest in shares of companies, other funds (including funds managed by Aviva Investors companies), cash and deposits. Derivatives may be used for investment purposes or to gain a partic ular 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. Strategy: The Fund is a ctively managed, with a flexible asset allocation approach across global bond markets. The Investment Manager will seek to blend the key asset classes including government, investment grade and sub investment grade bonds to effectively manage the overall r isk and reward profile of the Fund. The Fund's allocation to these asset classes will vary over time, reflecting the Investment Manager's view of both the changing longer - term market outlook and shorter - term opportunities. The Investment Manager will focus on identifying what they judge to be higher quality investment grade or sub investment grade bonds through assessment of the business strengths and risks associated with the underlying companies, the valuation of the bonds relative to the market, the view s of independent risk rating agencies, and any other relevant 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 fo r information on these limited investment restrictions.
Performance & Risk Measurement: The Fund's performance is measured against the Index a composite benchmark of one third Bloomberg® Treasury G7 Index (Sterling Hedged), one third Bloomberg® Global Aggr egate Corporate Index (Sterling Hedged), and one third Bloomberg® Global High Yield Index ex CMBS ex EMG 2% Issuer Capped (Sterling Hedged), after charges and taxes. The Fund does not base its investment process upon the Index, which is only a representati on 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 global 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. In addition to the Index, the Fund’s financial performance can be compared against the average performance of the Investment Association Sterling Strategic Bond sector (the “Performance Sector”). The Performance Sector has been chosen because it reflects the aggregate performance and characteristics of other funds with similar objectives and constraints. The Fund is not constrained by or managed by the Performance Sector. Source: Bloomberg® and the Composite Benchmark, (the “Benchmark” or the “Index”) are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by Aviva Investors UK Fund Services Limited. Bloomberg is not affiliated with Aviva Investors UK Fund Services Limited and Bloomberg does not approve, endorse, review, or recommend the, Aviva Investors Strategic Bond Fund. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or i nformation relating to Aviva Investors Strategic Bond Fund. 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 a n income share class and any distributions from the Fund will be paid to you. 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 widespread 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 si gnificantly 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 larg e quantities), and as a result their prices could be very volatile. Interest rate 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. Leverage ri sk: A small price decline on a "leveraged" underlying investment will create a correspondingly larger loss for the Fund. A high overall level of leverage and/or unusual market conditions could create significant losses for the Fund. 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 afte r you invest Entry charge None Exit charge None Charges taken from the Fund over a year Ongoing charges 0.58% 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 Index a composite benchmark of one third Bloomberg® Treasury G7 Index (Sterling Hedged), one third Bloomberg® Global Aggregate Corporate Index (Sterling Hedged), and one third Bloomberg® Global High Yield Index ex CMBS ex EMG 2% Issuer Capped (Sterling Hed ged), after charges and taxes IA Sterling Strategic Bond
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2.9 - 4.0 8.6 7.4 1.4 - 11.7 7.5 4.6 7.2 4.0 - 1.8 9.3 5.8 0.6 - 13.1 8.6 4.2 6.2 6.1 0.9 - 11.7 8.0 4.6 7.3 2.89 -40 -4.0 8.63 7.40 1.40 -170 -1.70 7.53 4.6 7.23
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 28 October 2016. Performance is calculated in the Share Class currency which is GBP. On 07 August the fund benchmark was updated to composite benchmark index of one third Bloomberg Treasury G7 Index (GBP hedged), one third Bloomberg Global Aggregate Corporate Index (GBP hedged), and one third Bloomberg Global High Yield Index ex CMBS ex EMG 2% issuer capped (GBP hedged), his toric benchmark performance reflects the new benchmark. Source: Aviva Investors/Morningstar as at 31 December 2025.
PRACTICAL INFORMATION
Depositary - J.P. Morgan Europe Limited. Mo re 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 Investors UK Fund Services Limited PO Box 10410, Chelmsford, CM99 2AY. These documents will be in Eng lish 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 5 are offered by the Fund, as se t out in the Prospectus. You may 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 count ry of residence, this might have 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 ba sis 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 a nd free of charge at the Management Company's registered office.
The sub - fund launched on 22 September 2008, is authorised in the United Kingdom and regulated by The Financial Conduct Authority. Aviva Investors UK Fund Services Limited is authorised in the United Kingdom and regulated by The Financial Conduct Authority .
-15
-10
-5
0
5
10
15
Return %
CHARGES
Truncated: This annotation is too large to fit.
View the raw JSON.
{
"annotation_id": "351aa372-7a76-4783-9c26-8c81377f6b13",
"date_created": "2026-06-29T18:37:50.807000Z",
"date_modified": "2026-06-29T18:37:50.807000Z",
"file_hash": "91f9ddec589a8fa0476002ab67ee95384a812d323319573b28593cbd9aef028b",
"private": false,
"record": {
"attributes": {
"chunk_type": "page_range",
"end_page": 2,
"start_page": 1
},
"blocks": [
{
"block_type": "box",
"box": {
"height": 7,
"width": 21,
"x": 48,
"y": 969
},
"id": "81df9c98-9738-4305-985c-dfad24a302c2",
"page_number": 1,
"text": "Page"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 4,
"x": 74,
"y": 969
},
"id": "b736cd65-d4cb-47f6-8509-24af58745788",
"page_number": 1,
"text": "1"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 9,
"x": 82,
"y": 969
},
"id": "84d826b6-2ab0-471b-9da1-774df1d78c34",
"page_number": 1,
"text": "of"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 4,
"x": 95,
"y": 969
},
"id": "eee92470-3e40-4023-ae34-e6477c88fa25",
"page_number": 1,
"text": "2"
},
{
"block_type": "box",
"box": {
"height": 13,
"width": 330,
"x": 49,
"y": 65
},
"id": "f87c7ce8-37d2-4e9c-8954-c1b90b842640",
"page_number": 1,
"text": "KEY INVESTOR INFORMATION"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 679,
"x": 47,
"y": 114
},
"id": "a2c4fd88-a4da-4dab-b1ba-bc199de694ce",
"page_number": 1,
"text": "This document provides you with key investor information about this Fund. It is not marketing material. The information is re"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 87,
"x": 728,
"y": 114
},
"id": "c1f3874a-ced3-4fc2-859b-bbc6418c50aa",
"page_number": 1,
"text": "quired by law to"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 617,
"x": 48,
"y": 124
},
"id": "37b853d7-ed47-4769-af48-8f74dafeed87",
"page_number": 1,
"text": "help you understand the nature and the risks of investing in this Fund. You are advised to read it so you can make"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 252,
"x": 669,
"y": 124
},
"id": "906845b2-9921-4533-a2cf-de04f5e33d55",
"page_number": 1,
"text": "an informed decision about whether to invest."
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 407,
"x": 47,
"y": 144
},
"id": "901d6e30-4070-4f16-be96-50a73125288e",
"page_number": 1,
"text": "Aviva Investors Strategic Bond Fund, Class 5, Income shares, GBP,"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 27,
"x": 462,
"y": 145
},
"id": "909c2ff8-894b-4e08-9932-b11ccf0d4ad0",
"page_number": 1,
"text": "a sub"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 3,
"x": 490,
"y": 149
},
"id": "d063c00a-4ea3-429a-bb4b-227292f88060",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 401,
"x": 494,
"y": 145
},
"id": "5ceee26b-c9ff-48fd-9cf5-7b5c8c95b8cf",
"page_number": 1,
"text": "fund of the Aviva Investors Investment Funds ICVC (ISIN: GB00BD5CS071)."
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 49,
"x": 902,
"y": 145
},
"id": "c69b2cd3-2155-4a76-a5d1-dbd76e11f070",
"page_number": 1,
"text": "The Fund"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 295,
"x": 48,
"y": 155
},
"id": "c64d3db0-a0cc-45f6-a536-c7191a78021c",
"page_number": 1,
"text": "is managed by Aviva Investors UK Fund Services Limite"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 9,
"x": 345,
"y": 155
},
"id": "472a4927-dddc-4c90-a5fb-8f5ea104876d",
"page_number": 1,
"text": "d."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 266,
"x": 48,
"y": 175
},
"id": "a63caddb-75bb-41a6-9540-0d9bee9e202b",
"page_number": 1,
"text": "OBJECTIVES AND INVESTMENT POLICY"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 55,
"x": 48,
"y": 196
},
"id": "ecce0200-6534-4feb-aa8c-048dfffab4c5",
"page_number": 1,
"text": "Objective:"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 361,
"x": 107,
"y": 196
},
"id": "5369ad23-a8de-4518-91df-fa157fe8a0f7",
"page_number": 1,
"text": "The Fund will aim to grow your investment through a combination"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 395,
"x": 48,
"y": 205
},
"id": "9bd80399-aa70-4261-83a8-8140e574463c",
"page_number": 1,
"text": "of income and capital returns by investing in bonds issued by companies,"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 410,
"x": 47,
"y": 214
},
"id": "7e8f4493-1456-4e0a-b839-36c7173d0f68",
"page_number": 1,
"text": "governments or supranational organisations, whilst aiming to provide a net"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 239,
"x": 48,
"y": 222
},
"id": "e3f3991e-2741-4522-8498-a583b4d4c29b",
"page_number": 1,
"text": "return greater than the benchmark over the"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 151,
"x": 292,
"y": 222
},
"id": "8b91fd76-b7bc-4f3b-ace3-e6aea52b43d8",
"page_number": 1,
"text": "long term (5 years or more)."
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 408,
"x": 47,
"y": 233
},
"id": "6dea05ac-52c0-4989-b0cd-1f2866a72af9",
"page_number": 1,
"text": "The benchmark (the \"Index\") is a Bloomberg\u00ae Composite Index, as detailed"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 35,
"x": 48,
"y": 242
},
"id": "06b55766-6580-4e5e-8811-a7626544fa1c",
"page_number": 1,
"text": "below."
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 94,
"x": 48,
"y": 253
},
"id": "5bff3220-973b-405c-a4d8-be7de458d1d9",
"page_number": 1,
"text": "Core investment:"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 311,
"x": 146,
"y": 253
},
"id": "0f84f2a9-d8b4-4445-8360-013bbeaf0a4f",
"page_number": 1,
"text": "At least 80% of the Fund will be invested in bonds, issued"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 386,
"x": 48,
"y": 262
},
"id": "fa40ca7f-aaed-40d1-8bcb-2dc14c855531",
"page_number": 1,
"text": "in Sterling or hedged to Sterling, and no more than 60% of the Fund wil"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 19,
"x": 436,
"y": 262
},
"id": "892438a3-a000-42cf-bd2e-2622290d4a65",
"page_number": 1,
"text": "l be"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 342,
"x": 48,
"y": 271
},
"id": "6f71645a-dcf0-4ef2-ba6b-85293a9f5d36",
"page_number": 1,
"text": "invested in bonds which have been independently rated as sub"
},
{
"block_type": "box",
"box": {
"height": 0,
"width": 3,
"x": 391,
"y": 275
},
"id": "1fae938e-ebaf-49bb-afd9-f18c363f741d",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 60,
"x": 396,
"y": 271
},
"id": "b2af497b-8e79-4c52-967a-6f35b12790b3",
"page_number": 1,
"text": "investment"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 199,
"x": 47,
"y": 279
},
"id": "a0f8afc3-f76b-49c6-851b-97ffa8f3ded5",
"page_number": 1,
"text": "grade with a credit rating below BBB"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 3,
"x": 247,
"y": 283
},
"id": "10d4b6d6-7ae7-49ad-95de-c9b1dd483e4f",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 35,
"x": 250,
"y": 279
},
"id": "06071e89-c313-4240-9f3d-87455ebdf68d",
"page_number": 1,
"text": "/Baa3."
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 19,
"x": 48,
"y": 291
},
"id": "63b44bc0-9f27-4c3b-bd6b-eca9411e9f20",
"page_number": 1,
"text": "Sub"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 3,
"x": 68,
"y": 294
},
"id": "3c20f4fd-1eff-4d92-b338-565d6c84f93e",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 389,
"x": 73,
"y": 290
},
"id": "ed466bb3-5441-43c6-956d-64265b2a7995",
"page_number": 1,
"text": "investment grade bonds are typically regarded as being of lower quality"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 329,
"x": 48,
"y": 299
},
"id": "c4f79d9a-1722-4a87-b239-539a75304364",
"page_number": 1,
"text": "and therefore higher risk than \u201cinvestment grade\u201d bonds, bu"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 82,
"x": 379,
"y": 299
},
"id": "e1dd8ff9-6139-43d3-ab97-70d4afa6a8aa",
"page_number": 1,
"text": "t typically offer"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 75,
"x": 48,
"y": 308
},
"id": "967dae68-38e2-488c-8636-05048c8ae10d",
"page_number": 1,
"text": "a higher yield."
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 106,
"x": 48,
"y": 319
},
"id": "a16039a6-991b-4bf1-8df6-d4fce400523b",
"page_number": 1,
"text": "Other investments:"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 301,
"x": 158,
"y": 319
},
"id": "2ec2ce16-2773-4214-8a40-c5093f584651",
"page_number": 1,
"text": "The Fund may also invest in shares of companies, other"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 396,
"x": 47,
"y": 327
},
"id": "00372a26-e9d6-4772-a9bf-67e58452a2dc",
"page_number": 1,
"text": "funds (including funds managed by Aviva Investors companies), cash and"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 47,
"x": 48,
"y": 336
},
"id": "e1beb9ab-105b-4ce7-ab81-833b53821c65",
"page_number": 1,
"text": "deposits."
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 367,
"x": 48,
"y": 347
},
"id": "32d23d5a-db48-4e12-8939-ef60295f5737",
"page_number": 1,
"text": "Derivatives may be used for investment purposes or to gain a partic"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 20,
"x": 417,
"y": 347
},
"id": "422e0ac6-24ab-4b37-80cc-3aa007d38bc1",
"page_number": 1,
"text": "ular"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 410,
"x": 48,
"y": 356
},
"id": "17f6bc7f-2516-4121-ba77-fca97c952f6e",
"page_number": 1,
"text": "market exposure which would otherwise be difficult or costly to achieve, or"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 226,
"x": 47,
"y": 365
},
"id": "a15be699-38e0-450a-af5e-e77a8f03c524",
"page_number": 1,
"text": "to manage the Fund\u0027s cash flows in a cost"
},
{
"block_type": "box",
"box": {
"height": 0,
"width": 3,
"x": 274,
"y": 369
},
"id": "e778a1eb-9adb-4408-a4ab-92280bbe1d3d",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 186,
"x": 278,
"y": 365
},
"id": "cb411353-c0f4-43ba-80c8-a50f2c61e513",
"page_number": 1,
"text": "effective manner. Derivatives may"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 397,
"x": 48,
"y": 373
},
"id": "82f7bada-17c5-4cae-9ec6-f30842d778da",
"page_number": 1,
"text": "also be used to reduce risk, such as foreign currency risk within the Fund."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 50,
"x": 47,
"y": 385
},
"id": "fe8c3dea-25ae-4170-bb26-2ec5a8a1b732",
"page_number": 1,
"text": "Strategy:"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 70,
"x": 101,
"y": 385
},
"id": "425f5202-abda-4494-8bec-3bc5642ed0be",
"page_number": 1,
"text": "The Fund is a"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 257,
"x": 173,
"y": 385
},
"id": "ad934ad5-16df-4de8-abb1-1ad603940939",
"page_number": 1,
"text": "ctively managed, with a flexible asset allocation"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 410,
"x": 48,
"y": 393
},
"id": "976898c9-ce75-487e-846e-b3137f098dd4",
"page_number": 1,
"text": "approach across global bond markets. The Investment Manager will seek to"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 415,
"x": 48,
"y": 402
},
"id": "86831eec-8c3b-4e4f-a34d-b8d7803c3cdc",
"page_number": 1,
"text": "blend the key asset classes including government, investment grade and sub"
},
{
"block_type": "box",
"box": {
"height": 0,
"width": 3,
"x": 464,
"y": 406
},
"id": "78bd9edc-6049-40a8-a61e-4d65e04e2f22",
"page_number": 1,
"text": "\u0002"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 321,
"x": 48,
"y": 411
},
"id": "a57ffbbe-3e0f-4109-b600-ebabe6db8e41",
"page_number": 1,
"text": "investment grade bonds to effectively manage the overall r"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 78,
"x": 371,
"y": 411
},
"id": "ae11f509-ee1d-41b8-94aa-3039e7db6fa2",
"page_number": 1,
"text": "isk and reward"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 103,
"x": 48,
"y": 419
},
"id": "2e80eb02-b142-4881-8c09-e668910c08e4",
"page_number": 1,
"text": "profile of the Fund."
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 418,
"x": 47,
"y": 430
},
"id": "d4057d99-e275-4e57-a2e9-df4becfd87d4",
"page_number": 1,
"text": "The Fund\u0027s allocation to these asset classes will vary over time, reflecting the"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 304,
"x": 48,
"y": 439
},
"id": "6b24a666-0290-477b-bc5c-785e25a80e64",
"page_number": 1,
"text": "Investment Manager\u0027s view of both the changing longer"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 3,
"x": 353,
"y": 443
},
"id": "0748ca9e-2053-4f50-bbf7-ade89f3649fd",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 68,
"x": 357,
"y": 439
},
"id": "51fb3aea-8665-41d6-9206-e1f75b48987b",
"page_number": 1,
"text": "term market"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 107,
"x": 48,
"y": 448
},
"id": "de2152c6-1e2f-456a-9382-1a7ab83b99a4",
"page_number": 1,
"text": "outlook and shorter"
},
{
"block_type": "box",
"box": {
"height": 0,
"width": 3,
"x": 156,
"y": 452
},
"id": "72b19392-03f6-472e-b91f-b38e8c39216c",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 301,
"x": 160,
"y": 448
},
"id": "9ff6c0e4-c060-42d5-8262-7f91400c61b9",
"page_number": 1,
"text": "term opportunities. The Investment Manager will focus"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 411,
"x": 48,
"y": 457
},
"id": "0f3e5f4f-a049-4efc-b2d9-b477f798ec57",
"page_number": 1,
"text": "on identifying what they judge to be higher quality investment grade or sub"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 3,
"x": 460,
"y": 460
},
"id": "3b74a188-391f-47d9-978c-00b99cb62b18",
"page_number": 1,
"text": "\u0002"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 407,
"x": 48,
"y": 465
},
"id": "c06d916a-d3fa-4565-b80c-22fefc07e354",
"page_number": 1,
"text": "investment grade bonds through assessment of the business strengths and"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 406,
"x": 48,
"y": 474
},
"id": "189348a1-b276-40d1-bca6-4cff2433cfb8",
"page_number": 1,
"text": "risks associated with the underlying companies, the valuation of the bonds"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 171,
"x": 48,
"y": 483
},
"id": "19edb663-54e5-479f-b581-fb2e2c94e7ab",
"page_number": 1,
"text": "relative to the market, the view"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 249,
"x": 220,
"y": 483
},
"id": "f80d1c47-17f4-487c-b05d-efeb1fbd2cb8",
"page_number": 1,
"text": "s of independent risk rating agencies, and any"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 324,
"x": 48,
"y": 491
},
"id": "133a0505-2332-4474-b3b5-2192ad327dbc",
"page_number": 1,
"text": "other relevant factors, whilst also taking advantage of short"
},
{
"block_type": "box",
"box": {
"height": 1,
"width": 3,
"x": 373,
"y": 495
},
"id": "3e045558-c289-473e-8f03-01b5539cfd48",
"page_number": 1,
"text": "-"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 25,
"x": 377,
"y": 492
},
"id": "9f052806-6e26-49c7-972c-af81999fab94",
"page_number": 1,
"text": "term"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 166,
"x": 48,
"y": 500
},
"id": "f5dcba6d-6d43-4c62-9477-f0a41daecede",
"page_number": 1,
"text": "opportunities when they arise."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 346,
"x": 47,
"y": 511
},
"id": "7407787d-f625-4449-80c6-fcdaa452907e",
"page_number": 1,
"text": "This Fund is subject to Aviva Investors\u0027 baseline exclusion policy"
},
{
"block_type": "box",
"box": {
"height": 0,
"width": 7,
"x": 397,
"y": 515
},
"id": "8f77c969-d465-49c1-8b75-92e796ce6d23",
"page_number": 1,
"text": "\u2013"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 57,
"x": 407,
"y": 511
},
"id": "9b7dbfb2-12dc-492a-b091-48841fd51240",
"page_number": 1,
"text": "please see"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 178,
"x": 47,
"y": 520
},
"id": "25b2b01c-c481-48a1-b158-ee72b2498aff",
"page_number": 1,
"text": "Appendix 2 of the Prospectus fo"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 233,
"x": 226,
"y": 520
},
"id": "ceb13b11-8cc0-4bf0-83ee-ebdeb78ca389",
"page_number": 1,
"text": "r information on these limited investment"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 65,
"x": 48,
"y": 529
},
"id": "dbae3f3e-1269-48f6-982e-aaaed4a6f507",
"page_number": 1,
"text": "restrictions."
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 194,
"x": 530,
"y": 196
},
"id": "d1fc4365-be19-4ff4-9542-147d4dc7dc8d",
"page_number": 1,
"text": "Performance \u0026 Risk Measurement:"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 200,
"x": 729,
"y": 196
},
"id": "c1585f4e-daaa-42db-8349-42771971d2db",
"page_number": 1,
"text": "The Fund\u0027s performance is measured"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 415,
"x": 530,
"y": 205
},
"id": "f449c021-3d59-41fd-af6b-d8d9ea013965",
"page_number": 1,
"text": "against the Index a composite benchmark of one third Bloomberg\u00ae Treasury"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 339,
"x": 530,
"y": 214
},
"id": "0d09da53-eb59-44f1-a5c8-147311f3b036",
"page_number": 1,
"text": "G7 Index (Sterling Hedged), one third Bloomberg\u00ae Global Aggr"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 30,
"x": 869,
"y": 215
},
"id": "a8895e69-ae8a-4b71-840b-87e896a78c3c",
"page_number": 1,
"text": "egate"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 401,
"x": 530,
"y": 222
},
"id": "669b5dc9-97af-44ea-b65a-07858dccde56",
"page_number": 1,
"text": "Corporate Index (Sterling Hedged), and one third Bloomberg\u00ae Global High"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 384,
"x": 530,
"y": 231
},
"id": "aa0a4896-d6bc-4870-b8b6-e64d46eff996",
"page_number": 1,
"text": "Yield Index ex CMBS ex EMG 2% Issuer Capped (Sterling Hedged), after"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 99,
"x": 530,
"y": 240
},
"id": "c02951f7-d47b-43da-84af-4d587f8244bb",
"page_number": 1,
"text": "charges and taxes."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 418,
"x": 529,
"y": 251
},
"id": "0427bbfb-2642-4a98-8dfd-18015d856065",
"page_number": 1,
"text": "The Fund does not base its investment process upon the Index, which is only"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 75,
"x": 530,
"y": 260
},
"id": "df0155d3-bb39-496e-b956-0068f7d300be",
"page_number": 1,
"text": "a representati"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 321,
"x": 607,
"y": 260
},
"id": "10d1ddda-5610-4ab4-bd38-5ffe633b106a",
"page_number": 1,
"text": "on of the investment universe, therefore the Fund will hold"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 391,
"x": 530,
"y": 268
},
"id": "8cca0226-b70b-4485-a84e-5a844f3b81cc",
"page_number": 1,
"text": "bonds that are not part of the Index, and will only hold a relatively small"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 306,
"x": 530,
"y": 277
},
"id": "9cf17f30-026e-4624-8edd-a58bfaf9ee31",
"page_number": 1,
"text": "proportion of bonds relative to the number in the Index."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 353,
"x": 529,
"y": 288
},
"id": "516ff023-e73b-4fed-928c-2d6bfeeae08e",
"page_number": 1,
"text": "The Index represents the performance of a broad range of global"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 35,
"x": 887,
"y": 288
},
"id": "39259c77-5b0c-48ab-8db2-3e33dfc0461d",
"page_number": 1,
"text": "bonds."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 415,
"x": 529,
"y": 299
},
"id": "5c88dcd9-ef94-4a57-a614-d2d9f825ce05",
"page_number": 1,
"text": "The Index has been selected as a benchmark for performance measurement"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 420,
"x": 530,
"y": 308
},
"id": "8c324dff-d621-43f1-a789-25f7f3ea6ed6",
"page_number": 1,
"text": "because it is representative of the type of bonds in which the Fund is likely to"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 349,
"x": 530,
"y": 317
},
"id": "3f5ce3c6-acf8-4072-b058-6dc817325ecd",
"page_number": 1,
"text": "invest, and it is therefore an appropriate measure for the Fund\u0027s"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 207,
"x": 530,
"y": 325
},
"id": "9ca95d8e-d8b0-4825-b0f0-2c459aeeded8",
"page_number": 1,
"text": "performance. In addition to the Index,"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 201,
"x": 741,
"y": 325
},
"id": "49a18375-7cef-4190-9cae-82bdda8152e9",
"page_number": 1,
"text": "the Fund\u2019s financial performance can"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 420,
"x": 530,
"y": 334
},
"id": "36a823c3-7386-49df-b11f-51e8cf6268c2",
"page_number": 1,
"text": "be compared against the average performance of the Investment Association"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 413,
"x": 530,
"y": 342
},
"id": "f07eee28-5371-4900-9122-e939f08e09e1",
"page_number": 1,
"text": "Sterling Strategic Bond sector (the \u201cPerformance Sector\u201d). The Performance"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 382,
"x": 530,
"y": 351
},
"id": "714452aa-59e0-462a-9205-81a6b40c996d",
"page_number": 1,
"text": "Sector has been chosen because it reflects the aggregate performance"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 19,
"x": 917,
"y": 351
},
"id": "ed62ac7c-1014-4a33-85dc-aad162a1f138",
"page_number": 1,
"text": "and"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 397,
"x": 530,
"y": 360
},
"id": "addf011b-83ea-4776-98ab-b4aa8a86f964",
"page_number": 1,
"text": "characteristics of other funds with similar objectives and constraints. The"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 363,
"x": 530,
"y": 369
},
"id": "bc0c1fb2-724d-4915-8319-26d1f0a12751",
"page_number": 1,
"text": "Fund is not constrained by or managed by the Performance Sector."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 401,
"x": 530,
"y": 380
},
"id": "a91ebb63-8bec-48d1-9b02-56f9048ca375",
"page_number": 1,
"text": "Source: Bloomberg\u00ae and the Composite Benchmark, (the \u201cBenchmark\u201d or"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 241,
"x": 530,
"y": 388
},
"id": "f2327324-9ab6-4041-97b2-64c7b3faa256",
"page_number": 1,
"text": "the \u201cIndex\u201d) are service marks of Bloomberg"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 155,
"x": 776,
"y": 389
},
"id": "eba243c1-8c22-46ed-bfc5-f0dfd43e09ce",
"page_number": 1,
"text": "Finance L.P. and its affiliates,"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 418,
"x": 530,
"y": 397
},
"id": "a6d8a49a-acca-44af-830c-f169a7d4f6df",
"page_number": 1,
"text": "including Bloomberg Index Services Limited (\u201cBISL\u201d), the administrator of the"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 409,
"x": 530,
"y": 406
},
"id": "752a26ca-0cce-414b-baaf-9e6689e4e3c8",
"page_number": 1,
"text": "index (collectively, \u201cBloomberg\u201d) and have been licensed for use for certain"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 369,
"x": 530,
"y": 415
},
"id": "52767c2b-dfbb-4c0a-94c2-d22a801ae860",
"page_number": 1,
"text": "purposes by Aviva Investors UK Fund Services Limited. Bloomberg is"
},
{
"block_type": "box",
"box": {
"height": 5,
"width": 18,
"x": 903,
"y": 416
},
"id": "4a3b957c-b6e4-4704-aadc-16871b910eeb",
"page_number": 1,
"text": "not"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 416,
"x": 530,
"y": 423
},
"id": "49052dcb-1fb2-4db7-9d53-7acb248306c8",
"page_number": 1,
"text": "affiliated with Aviva Investors UK Fund Services Limited and Bloomberg does"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 408,
"x": 530,
"y": 432
},
"id": "b02d7571-319d-4309-a967-607a57cc089e",
"page_number": 1,
"text": "not approve, endorse, review, or recommend the, Aviva Investors Strategic"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 410,
"x": 530,
"y": 441
},
"id": "cfbb14aa-a692-4a49-a6ab-31ddd4d05982",
"page_number": 1,
"text": "Bond Fund. Bloomberg does not guarantee the timeliness, accurateness, or"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 159,
"x": 530,
"y": 449
},
"id": "d3454d71-b468-4244-9608-2b175643fd59",
"page_number": 1,
"text": "completeness of any data or i"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 257,
"x": 691,
"y": 449
},
"id": "e59fd0d4-b088-4007-8f55-b285caa260ff",
"page_number": 1,
"text": "nformation relating to Aviva Investors Strategic"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 61,
"x": 530,
"y": 458
},
"id": "e88d2e07-30dc-4b50-bae1-f69414e15a3c",
"page_number": 1,
"text": "Bond Fund."
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 102,
"x": 530,
"y": 469
},
"id": "9b4d96a6-c525-480f-88ee-bdeec04059ef",
"page_number": 1,
"text": "Recommendation:"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 306,
"x": 636,
"y": 469
},
"id": "614debe7-7ab9-41e0-b215-678e1dbe1dc1",
"page_number": 1,
"text": "this Fund may not be appropriate for investors who plan"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 218,
"x": 530,
"y": 478
},
"id": "1ecf0fce-e959-4d44-84fb-37ac241e5072",
"page_number": 1,
"text": "to withdraw their money within 5 years."
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 105,
"x": 530,
"y": 489
},
"id": "3be9e935-1b10-4d55-9930-1ec03d9b94a8",
"page_number": 1,
"text": "Other information:"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 307,
"x": 639,
"y": 489
},
"id": "f734ba08-1757-4155-8fe8-0eb0a7d30171",
"page_number": 1,
"text": "You can buy and sell shares on any London business day."
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 42,
"x": 529,
"y": 500
},
"id": "6437c268-20ef-4920-9e42-cc8c1d8238b2",
"page_number": 1,
"text": "This is a"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 375,
"x": 573,
"y": 500
},
"id": "5ea9f973-6076-429c-8ad1-fd24d32a4789",
"page_number": 1,
"text": "n income share class and any distributions from the Fund will be paid"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 36,
"x": 530,
"y": 510
},
"id": "d2a0954d-310a-45cc-82b7-f841c568a696",
"page_number": 1,
"text": "to you."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 362,
"x": 530,
"y": 520
},
"id": "d0459d50-aae1-4110-857f-6d29a21db3b5",
"page_number": 1,
"text": "For full investment objectives and policy details please refer to the"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 62,
"x": 530,
"y": 529
},
"id": "a01fe648-445c-4a13-af99-791a4117a473",
"page_number": 1,
"text": "Prospectus."
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 193,
"x": 48,
"y": 552
},
"id": "5e60214e-98ad-41a9-a4b4-5f14812e2164",
"page_number": 1,
"text": "RISK AND REWARD PROFILE"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 7,
"x": 75,
"y": 577
},
"id": "af1ff45c-5277-4bcc-a75f-cf90bbb63e67",
"page_number": 1,
"text": "1"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 8,
"x": 136,
"y": 577
},
"id": "06dd7d2e-72fa-4cf1-b342-ffb92fdc4942",
"page_number": 1,
"text": "2"
},
{
"block_type": "box",
"box": {
"height": 15,
"width": 11,
"x": 196,
"y": 574
},
"id": "d8d51dbe-90b6-49ab-abe0-b213bc6fd041",
"page_number": 1,
"text": "3"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 10,
"x": 259,
"y": 577
},
"id": "294f0cfe-bf32-4c8d-ae9b-433b19a5aaf2",
"page_number": 1,
"text": "4"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 8,
"x": 322,
"y": 577
},
"id": "edaad2bb-c51b-498e-bd63-0e31a077bccb",
"page_number": 1,
"text": "5"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 9,
"x": 383,
"y": 577
},
"id": "f29780a9-efb4-4947-b6bb-94b0a1a9c275",
"page_number": 1,
"text": "6"
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 9,
"x": 445,
"y": 577
},
"id": "f6e2e576-4173-484d-b49e-79b364520f46",
"page_number": 1,
"text": "7"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 57,
"x": 48,
"y": 608
},
"id": "0050916d-ffa3-4891-a731-f287409a3e28",
"page_number": 1,
"text": "Lower risk"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 59,
"x": 417,
"y": 608
},
"id": "d3aa4515-93fd-42bc-9ae7-9da219ab62d5",
"page_number": 1,
"text": "Higher risk"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 128,
"x": 47,
"y": 625
},
"id": "42063fcb-d608-45fe-bd22-846f5021396e",
"page_number": 1,
"text": "Typically lower rewards"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 132,
"x": 343,
"y": 625
},
"id": "271369ba-5529-4b90-aee6-e55c64baa192",
"page_number": 1,
"text": "Typically higher rewards"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 113,
"x": 47,
"y": 641
},
"id": "42ffc0a9-dec2-4f64-8563-dffa38df153c",
"page_number": 1,
"text": "This indicator is base"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 289,
"x": 161,
"y": 641
},
"id": "92eaf67d-5b65-4214-a727-631fa74a1c23",
"page_number": 1,
"text": "d on historical data, calculated using European Union"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 396,
"x": 48,
"y": 650
},
"id": "42660099-e6ee-4f6e-a64c-21ed8f91598c",
"page_number": 1,
"text": "rules, and may not be a reliable indication of the future risk profile of the"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 29,
"x": 48,
"y": 658
},
"id": "b98edc86-6346-4511-a9e2-455043339e6d",
"page_number": 1,
"text": "Fund."
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 416,
"x": 47,
"y": 669
},
"id": "5b56aa4e-273c-46b5-99ca-483fa5b97a48",
"page_number": 1,
"text": "The risk and reward category shown is not guaranteed to remain unchanged"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 260,
"x": 48,
"y": 678
},
"id": "7785c232-d122-42be-a0d6-6c83bc49802a",
"page_number": 1,
"text": "and may change over time. The lowest category"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 137,
"x": 312,
"y": 678
},
"id": "407363fd-c1f0-4c82-b50d-e7c74698a1ce",
"page_number": 1,
"text": "does not mean \u0027risk free\u0027."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 409,
"x": 47,
"y": 689
},
"id": "b370de6f-93fe-4176-af20-5a7cd62b310a",
"page_number": 1,
"text": "The value of investments and the income from them will change over time."
},
{
"block_type": "box",
"box": {
"height": 9,
"width": 406,
"x": 47,
"y": 700
},
"id": "21c99d22-7149-47e3-b389-b42b6b467b52",
"page_number": 1,
"text": "The Fund price may fall as well as rise and as a result you may not get back"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 183,
"x": 47,
"y": 709
},
"id": "b5f170eb-8c39-4101-a4e6-710f7ad90875",
"page_number": 1,
"text": "the original amount you invested."
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 250,
"x": 47,
"y": 720
},
"id": "a89d01b0-c2af-471b-a3a0-10f281d6fe04",
"page_number": 1,
"text": "The Fund has been allocated a risk number ba"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 165,
"x": 298,
"y": 720
},
"id": "097dee3b-5c1c-4b7b-88e4-13f71153d79b",
"page_number": 1,
"text": "sed on the historic volatility of"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 421,
"x": 48,
"y": 729
},
"id": "5dc4b80e-295e-48d6-9710-578aec8abd38",
"page_number": 1,
"text": "its share price or where insufficient information is available appropriate asset"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 39,
"x": 48,
"y": 737
},
"id": "a71ca8c9-6be6-4aba-bd20-2be26fda0ac6",
"page_number": 1,
"text": "classes."
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 127,
"x": 48,
"y": 749
},
"id": "8f844ae4-a55f-43d7-8620-df04804e0f44",
"page_number": 1,
"text": "Convertible bonds risk:"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 253,
"x": 180,
"y": 749
},
"id": "1e846e6b-52f0-42d0-a4d7-5236b67c61b1",
"page_number": 1,
"text": "Convertible bonds could earn less income than"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 355,
"x": 48,
"y": 757
},
"id": "ee8be8e5-6431-4ddf-9683-63e831f712a4",
"page_number": 1,
"text": "comparable debt securities and less growth than comparable equ"
},
{
"block_type": "box",
"box": {
"height": 7,
"width": 13,
"x": 405,
"y": 758
},
"id": "94a3060c-ccb9-413d-87c3-e3a6e104a114",
"page_number": 1,
"text": "ity"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 419,
"x": 48,
"y": 766
},
"id": "b5604601-fc9d-476c-b64f-ba196e523e43",
"page_number": 1,
"text": "securities, and carry credit, default, equity, interest rate, liquidity and market"
},
{
"block_type": "box",
"box": {
"height": 6,
"width": 26,
"x": 48,
"y": 775
},
"id": "0f9ee084-0743-4a14-b92c-7dac21b3b605",
"page_number": 1,
"text": "risks."
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 99,
"x": 48,
"y": 786
},
"id": "dadd41f9-2cef-4194-b402-6fc47ad2ca2c",
"page_number": 1,
"text": "Counterparty risk:"
},
{
"block_type": "box",
"box": {
"height": 8,
"width": 313,
"x": 152,
"y": 786
},
"id": "726df1d0-de4c-4141-bb38-0e540888de07",
"page_number": 1,
"text": "The Fund could lose money if an entity with which it does"
},
{
"block_type":...