{"annotation_id":"60f2c5cf-dd59-42d8-9112-3f1e42448c3a","file_hash":"8eae56bc265cc4494c8683deb12a4a4edd34d57977e7518d1e6abed1cc6779da","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.4.0","blocks":[{"id":"cc6991f9-32a0-4ad8-9e7c-410e7cf52d2b","block_type":"box","text":"Fund overview","page_number":1,"box":{"x":73,"y":160,"width":105,"height":8}},{"id":"def34fc6-9501-457e-9c2d-11e5af99d4c5","block_type":"box","text":"Objective:","page_number":1,"box":{"x":73,"y":177,"width":57,"height":8}},{"id":"2dd3ed85-1d30-41d9-9cf6-a55972289601","block_type":"box","text":"To earn income and increase the value of the Shareholder’s","page_number":1,"box":{"x":134,"y":177,"width":320,"height":7}},{"id":"1db14ca7-6a46-417a-83e0-05ee5abac5c2","block_type":"box","text":"investment over the long term (5 years or more).","page_number":1,"box":{"x":73,"y":188,"width":260,"height":9}},{"id":"7011b21b-8a46-4bd5-a016-ed9bc35cf04f","block_type":"box","text":"Investment Strategy:","page_number":1,"box":{"x":73,"y":206,"width":120,"height":8}},{"id":"09c9dd64-d169-48a2-921c-afc8ae8bc3ba","block_type":"box","text":"The Sub-Fund invests in hybrid bonds from anywhere in the world,","page_number":1,"box":{"x":73,"y":216,"width":359,"height":9}},{"id":"d6ac43d1-01ac-43c9-849c-002b3e65be83","block_type":"box","text":"including up to 30% in emerging markets. Hybrid bonds have both debt","page_number":1,"box":{"x":73,"y":228,"width":386,"height":8}},{"id":"dc2f8268-b848-46b3-b642-18200ffaedd7","block_type":"box","text":"and equity characteristics, they are subordinated bonds, which rank","page_number":1,"box":{"x":73,"y":239,"width":368,"height":8}},{"id":"505ea46c-147c-419e-a894-aefb2c6b8986","block_type":"box","text":"between debt and equity in a company’s capital structure. The Sub-Fund","page_number":1,"box":{"x":73,"y":250,"width":391,"height":9}},{"id":"69b1e67d-6505-4959-8d7b-5ec6172de50a","block_type":"box","text":"will seek to enhance income through a diversified portfolio of hybrid","page_number":1,"box":{"x":72,"y":261,"width":369,"height":9}},{"id":"15af356d-1b45-4257-80b3-0a50e611e3af","block_type":"box","text":"securities and will seek the most attractive opportunities irrespective of","page_number":1,"box":{"x":73,"y":272,"width":387,"height":9}},{"id":"157d7dae-dd71-4a1d-be6b-9d9074f026ac","block_type":"box","text":"credit rating.","page_number":1,"box":{"x":73,"y":284,"width":68,"height":8}},{"id":"c9333f9e-c613-4153-8199-ba0bb9aa2034","block_type":"box","text":"Specifically, at all times the Sub-Fund invests at least 70% of total net","page_number":1,"box":{"x":73,"y":299,"width":374,"height":9}},{"id":"bc612919-7015-4eca-a99c-fa9794b1e322","block_type":"box","text":"assets in hybrid bonds issued by non-financial companies. This may","page_number":1,"box":{"x":73,"y":310,"width":366,"height":9}},{"id":"18f89f29-c612-4618-962f-d661e001d147","block_type":"box","text":"include convertible bonds, contingent convertible bonds, preferred stocks","page_number":1,"box":{"x":73,"y":322,"width":400,"height":8}},{"id":"99e8ecc4-e233-442a-a7ff-67399a65eec7","block_type":"box","text":"and perpetual bonds.","page_number":1,"box":{"x":73,"y":333,"width":115,"height":8}},{"id":"ade089af-79e8-4fab-b790-0081308a4906","block_type":"box","text":"A minimum of 70% of total net assets will be in developed market","page_number":1,"box":{"x":72,"y":349,"width":354,"height":8}},{"id":"547d62f4-3b52-428b-a3cb-21ad05cd5d73","block_type":"box","text":"issuances and a minimum of 50% of total net assets will be in investment","page_number":1,"box":{"x":73,"y":360,"width":393,"height":7}},{"id":"07292268-fa91-4372-b937-fee5657f9991","block_type":"box","text":"grade issuances.","page_number":1,"box":{"x":73,"y":371,"width":88,"height":9}},{"id":"a94752c8-52c9-4745-a457-19655ee77520","block_type":"box","text":"The Sub-Fund may invest in shares or units of UCITS or other UCIs and may","page_number":1,"box":{"x":73,"y":387,"width":404,"height":8}},{"id":"e50ce1a1-d9de-47da-9465-89845255d3ab","block_type":"box","text":"also invest in other Debt and Debt-Related Securities (including","page_number":1,"box":{"x":73,"y":398,"width":342,"height":9}},{"id":"0e2e0818-378c-4081-bde9-d37e2fc148d3","block_type":"box","text":"subordinated debt) from anywhere in the world.","page_number":1,"box":{"x":73,"y":409,"width":260,"height":9}},{"id":"e138903a-f775-41ac-a224-cde0973e041b","block_type":"box","text":"Benchmark (performance comparison and risk management) ICE BofA","page_number":1,"box":{"x":73,"y":425,"width":380,"height":9}},{"id":"47c4f507-839d-425e-acea-b48043545c42","block_type":"box","text":"Global Hybrid Non-Financial 5% Constrained Index","page_number":1,"box":{"x":73,"y":436,"width":274,"height":9}},{"id":"ce486ee5-0719-4cdb-b3a8-2f7ad460fa2e","block_type":"box","text":"For further information on Sustainability Risk please refer to the Sustainable Finance","page_number":1,"box":{"x":73,"y":454,"width":399,"height":7}},{"id":"5588c2b8-83ce-4d3e-b566-b1fc3f7198e2","block_type":"box","text":"Disclosure section","page_number":1,"box":{"x":73,"y":465,"width":85,"height":6}},{"id":"55908baf-77c7-4bc2-a245-6b7e89973ff4","block_type":"box","text":"Key facts","page_number":1,"box":{"x":73,"y":489,"width":63,"height":11}},{"id":"deeebe0f-d993-46b3-8baa-c26773f23846","block_type":"box","text":"Fund Managers","page_number":1,"box":{"x":73,"y":506,"width":82,"height":9}},{"id":"156237db-3b4e-4321-9147-4d77b63bb809","block_type":"box","text":"Justine Vroman","page_number":1,"box":{"x":297,"y":506,"width":89,"height":7}},{"id":"1784dd4c-536a-479a-819a-665188c6334d","block_type":"box","text":"since 24/06/2026","page_number":1,"box":{"x":390,"y":506,"width":90,"height":8}},{"id":"8421141b-a379-42d5-a438-f49d7c7cfcde","block_type":"box","text":"Thomas Chinery","page_number":1,"box":{"x":294,"y":517,"width":92,"height":9}},{"id":"adb38134-58ce-4328-bde9-6e23c498f4ae","block_type":"box","text":"since 24/06/2026","page_number":1,"box":{"x":390,"y":517,"width":90,"height":9}},{"id":"550a0f0d-4b7d-483b-a6ab-73782c7d3b72","block_type":"box","text":"Mark Dove","page_number":1,"box":{"x":327,"y":529,"width":59,"height":6}},{"id":"8f5409d3-7305-4617-b88e-d43cb7d7dc18","block_type":"box","text":"since 24/06/2026","page_number":1,"box":{"x":390,"y":529,"width":90,"height":8}},{"id":"c9bfda12-1c9b-4bf3-9853-ca5b55abeba5","block_type":"box","text":"Legal Form","page_number":1,"box":{"x":73,"y":541,"width":58,"height":8}},{"id":"6576b01e-04ca-4051-97c5-c5917ce37d91","block_type":"box","text":"Société d'investissement à Capital","page_number":1,"box":{"x":284,"y":539,"width":197,"height":10}},{"id":"79095bd0-58ef-4a5e-abf1-01f3b9536c05","block_type":"box","text":"Variable","page_number":1,"box":{"x":434,"y":553,"width":46,"height":7}},{"id":"10b68574-538f-4381-b6ef-613b05ea0873","block_type":"box","text":"Domicile","page_number":1,"box":{"x":73,"y":566,"width":47,"height":7}},{"id":"72242865-afbe-4a51-9d96-fa3eb75dbe81","block_type":"box","text":"Luxembourg","page_number":1,"box":{"x":409,"y":566,"width":72,"height":9}},{"id":"8c39c228-ea77-48cd-9233-cb20728ae954","block_type":"box","text":"Share Class Inception Date","page_number":1,"box":{"x":73,"y":579,"width":143,"height":9}},{"id":"01c1c862-c123-4bb1-9999-55f21d1d79f2","block_type":"box","text":"24/06/2026","page_number":1,"box":{"x":417,"y":579,"width":64,"height":8}},{"id":"0a280c7b-7505-4f50-979a-f42ab1702d18","block_type":"box","text":"Fund launch date","page_number":1,"box":{"x":73,"y":592,"width":93,"height":7}},{"id":"c51f0699-002c-46fe-9b8b-95dc745ff700","block_type":"box","text":"24/06/2026","page_number":1,"box":{"x":417,"y":592,"width":64,"height":8}},{"id":"b2bb1df1-bebc-408a-861e-04881e3e699f","block_type":"box","text":"Hedged Share Class Flag","page_number":1,"box":{"x":73,"y":605,"width":132,"height":8}},{"id":"cd4169f1-4d89-4504-ab34-dbff9fc14c43","block_type":"box","text":"No","page_number":1,"box":{"x":466,"y":605,"width":15,"height":6}},{"id":"3533d586-30e1-4a7c-b45a-dd41bcc63c5b","block_type":"box","text":"Entry fees (max.)","page_number":1,"box":{"x":73,"y":617,"width":89,"height":9}},{"id":"bc4833c8-a5c2-438a-b683-8f9643316e89","block_type":"box","text":"5.00%","page_number":1,"box":{"x":445,"y":618,"width":36,"height":6}},{"id":"d4984c3b-d11c-4d0e-b3f6-d29672bd929e","block_type":"box","text":"Exit charge (max.)","page_number":1,"box":{"x":73,"y":630,"width":95,"height":9}},{"id":"8423eeed-6efe-4792-bd32-643b94196327","block_type":"box","text":"None","page_number":1,"box":{"x":452,"y":631,"width":28,"height":6}},{"id":"8441d2e6-cfe0-43c8-b4da-b1bf5a957e10","block_type":"box","text":"Ongoing Charges","page_number":1,"box":{"x":73,"y":643,"width":92,"height":9}},{"id":"ff520686-d4c1-47dd-940c-0ea9b6ab0035","block_type":"box","text":"0.60% (as at 24/06/2026)","page_number":1,"box":{"x":340,"y":643,"width":140,"height":8}},{"id":"df513559-0a75-42a0-9d05-c0677e1a6f8f","block_type":"box","text":"Management Fee (max.)","page_number":1,"box":{"x":73,"y":656,"width":128,"height":9}},{"id":"33dbfb0e-6598-4f3b-9252-305c7034a110","block_type":"box","text":"0.50%","page_number":1,"box":{"x":446,"y":656,"width":35,"height":7}},{"id":"8d874992-811b-4fb7-9c59-02683d609f98","block_type":"box","text":"Performance fee (max.)","page_number":1,"box":{"x":73,"y":668,"width":124,"height":9}},{"id":"89c14c14-d05f-4dea-bd8c-130b4a070397","block_type":"box","text":"None","page_number":1,"box":{"x":452,"y":669,"width":28,"height":6}},{"id":"be24c60b-7639-4a21-a7d1-1f776de07d92","block_type":"box","text":"SFDR Classification","page_number":1,"box":{"x":73,"y":681,"width":103,"height":7}},{"id":"1c94a73f-1aad-4d9f-9bf6-4e24124cfa74","block_type":"box","text":"Article 8","page_number":1,"box":{"x":433,"y":681,"width":47,"height":7}},{"id":"026dba51-3060-4620-adbc-e12d97f81038","block_type":"box","text":"Risk measurement","page_number":1,"box":{"x":73,"y":707,"width":133,"height":8}},{"id":"1662c1a4-43bd-4506-9900-071e12320b9f","block_type":"box","text":"(As at 31st Jul 2026)","page_number":1,"box":{"x":210,"y":708,"width":106,"height":9}},{"id":"476a56c6-d454-41f7-ac5b-f7a1397c7cd0","block_type":"box","text":"1","page_number":1,"box":{"x":98,"y":730,"width":7,"height":8}},{"id":"b05b35ad-307b-46d1-ba1b-dd0a4df30930","block_type":"box","text":"2","page_number":1,"box":{"x":156,"y":729,"width":8,"height":9}},{"id":"3f5f1704-cd31-4c81-898f-7d56ae0ac8f0","block_type":"box","text":"3","page_number":1,"box":{"x":212,"y":727,"width":12,"height":13}},{"id":"b89e8536-a97f-4106-8483-6c607c4a0b6b","block_type":"box","text":"4","page_number":1,"box":{"x":272,"y":730,"width":9,"height":8}},{"id":"59712a54-557e-4687-a589-42d7520319a7","block_type":"box","text":"5","page_number":1,"box":{"x":331,"y":730,"width":8,"height":9}},{"id":"06a5195c-f276-4b09-870e-3db6c577ce60","block_type":"box","text":"6","page_number":1,"box":{"x":390,"y":729,"width":7,"height":10}},{"id":"a91b48f2-9cad-4259-b07f-a748ae5cc27a","block_type":"box","text":"7","page_number":1,"box":{"x":448,"y":730,"width":8,"height":8}},{"id":"de1643e4-e996-4c8c-a456-1293de8b0482","block_type":"box","text":"Lower risk","page_number":1,"box":{"x":73,"y":761,"width":59,"height":7}},{"id":"7c7b92cf-3899-493b-8481-7f186d689a25","block_type":"box","text":"Higher risk","page_number":1,"box":{"x":419,"y":761,"width":62,"height":8}},{"id":"0416346e-efc8-4393-af4b-a775fc410c3b","block_type":"box","text":"Potentially lower returns","page_number":1,"box":{"x":73,"y":772,"width":133,"height":9}},{"id":"65feb49f-eb22-4d57-ae23-a763c105540f","block_type":"box","text":"Potentially higher returns","page_number":1,"box":{"x":344,"y":772,"width":136,"height":9}},{"id":"af575f6e-27a8-4584-9a50-ba50eda79b02","block_type":"box","text":"The indicator is based on historical data and may not be a reliable","page_number":1,"box":{"x":73,"y":790,"width":355,"height":8}},{"id":"3a07b0e2-da82-4e45-bdcc-8dec46908570","block_type":"box","text":"indication of the future risk profile. The category shown may change over","page_number":1,"box":{"x":73,"y":801,"width":395,"height":9}},{"id":"4a98d0ac-9f11-4402-a213-4869565014e5","block_type":"box","text":"time. The lowest category does not mean 'risk free'.","page_number":1,"box":{"x":72,"y":812,"width":277,"height":9}},{"id":"da958e24-d06f-49e8-9504-581389812116","block_type":"box","text":"Cumulative / Annualised performance","page_number":1,"box":{"x":519,"y":160,"width":270,"height":10}},{"id":"f7138f33-3720-4578-8713-1d117723dbae","block_type":"box","text":"Data","page_number":1,"box":{"x":545,"y":276,"width":25,"height":10}},{"id":"c7cc2b7f-c83d-4e32-9f07-6f35422414bc","block_type":"box","text":"will","page_number":1,"box":{"x":571,"y":268,"width":19,"height":11}},{"id":"3d628d44-929f-41b6-bba2-d812336929bd","block_type":"box","text":"be","page_number":1,"box":{"x":591,"y":266,"width":15,"height":7}},{"id":"de6afebb-aaa3-4230-a457-9a5a4b444c11","block_type":"box","text":"shown","page_number":1,"box":{"x":606,"y":255,"width":35,"height":14}},{"id":"641f83cc-29c8-427a-9c99-8c0cee933446","block_type":"box","text":"once","page_number":1,"box":{"x":642,"y":248,"width":26,"height":11}},{"id":"17747b71-da67-4e7f-8482-754d7967d49c","block_type":"box","text":"the","page_number":1,"box":{"x":668,"y":242,"width":20,"height":9}},{"id":"81c94dab-2163-49ba-8050-d02efe1f6116","block_type":"box","text":"share","page_number":1,"box":{"x":688,"y":233,"width":30,"height":13}},{"id":"6057605e-6777-4c59-a863-b3b74454a7b1","block_type":"box","text":"class","page_number":1,"box":{"x":719,"y":225,"width":26,"height":12}},{"id":"736f9276-6da9-47a6-a86e-b1fc7dba6cff","block_type":"box","text":"has","page_number":1,"box":{"x":745,"y":220,"width":20,"height":9}},{"id":"6cc1a206-926b-47d0-b5bd-847b5fc97e82","block_type":"box","text":"12","page_number":1,"box":{"x":766,"y":214,"width":14,"height":9}},{"id":"8ad7dae1-df1c-44de-a82b-a15cfa8c67c5","block_type":"box","text":"months","page_number":1,"box":{"x":781,"y":203,"width":40,"height":16}},{"id":"d75713b8-627f-48af-a7c5-96f2eb69cc6c","block_type":"box","text":"performance.","page_number":1,"box":{"x":823,"y":184,"width":68,"height":25}},{"id":"d135b310-53cd-4dff-b6b6-32c275e7225d","block_type":"box","text":"Calendar year returns","page_number":1,"box":{"x":519,"y":309,"width":155,"height":10}},{"id":"b72b76dc-e347-4d7c-a98b-2a8d8042b167","block_type":"box","text":"Data","page_number":1,"box":{"x":545,"y":425,"width":25,"height":10}},{"id":"2b23b79a-23b6-4b43-8b77-6d443c2447f7","block_type":"box","text":"will","page_number":1,"box":{"x":571,"y":417,"width":19,"height":11}},{"id":"4d512eaf-0559-4e8a-943a-27d4e68b4bb6","block_type":"box","text":"be","page_number":1,"box":{"x":591,"y":414,"width":15,"height":8}},{"id":"385b60a7-47d7-4a7b-8397-e38e0da5d62f","block_type":"box","text":"shown","page_number":1,"box":{"x":606,"y":404,"width":35,"height":14}},{"id":"7d4d536c-d43f-4fff-94b5-f4ad6b8fa5b9","block_type":"box","text":"once","page_number":1,"box":{"x":642,"y":396,"width":26,"height":12}},{"id":"b0d94046-7c90-4636-a0ae-55bc6b2a9ffc","block_type":"box","text":"the","page_number":1,"box":{"x":668,"y":391,"width":20,"height":9}},{"id":"80b1d203-8f75-4745-a54d-56c83a816d32","block_type":"box","text":"share","page_number":1,"box":{"x":688,"y":382,"width":30,"height":12}},{"id":"19c2218c-914d-4176-8c7c-2db1cbe38232","block_type":"box","text":"class","page_number":1,"box":{"x":719,"y":374,"width":26,"height":12}},{"id":"584ca30c-2c78-4b5b-af06-642c14b5a431","block_type":"box","text":"has","page_number":1,"box":{"x":745,"y":368,"width":20,"height":10}},{"id":"6888dc89-b342-4f8c-a01f-9f4267299f39","block_type":"box","text":"1","page_number":1,"box":{"x":766,"y":365,"width":7,"height":7}},{"id":"5b124575-859f-4d16-92e6-eadd87c4a6d0","block_type":"box","text":"calendar","page_number":1,"box":{"x":775,"y":352,"width":46,"height":17}},{"id":"b22cc489-52d0-4d6f-9287-e2c524825de0","block_type":"box","text":"year","page_number":1,"box":{"x":821,"y":346,"width":24,"height":12}},{"id":"8a4401c4-7a43-4daa-9095-89bc82782639","block_type":"box","text":"performance.","page_number":1,"box":{"x":846,"y":326,"width":69,"height":25}},{"id":"17e78791-135e-4118-b520-5b57ad268d59","block_type":"box","text":"Cumulative performance","page_number":1,"box":{"x":519,"y":471,"width":177,"height":11}},{"id":"4c74b94a-f7b1-42a1-b90b-37faf700b4ae","block_type":"box","text":"(%) (last 5 years, if applicable)","page_number":1,"box":{"x":701,"y":473,"width":159,"height":9}},{"id":"a9c7ccb5-7b8b-418d-80b0-598a09ba4ba6","block_type":"box","text":"FUND","page_number":1,"box":{"x":562,"y":489,"width":26,"height":6}},{"id":"f8717a5a-fc3d-487e-b30d-9540f590c5f6","block_type":"box","text":"BENCHMARK: ICE BofA Global Hybrid Non\u0002","page_number":1,"box":{"x":562,"y":504,"width":200,"height":8}},{"id":"2af337a2-8c67-4f03-961f-5b160c61199f","block_type":"box","text":"Financial 5% Constrained Index","page_number":1,"box":{"x":562,"y":515,"width":149,"height":6}},{"id":"5859c40e-1577-410f-8dd6-102dcb762327","block_type":"box","text":"Data","page_number":1,"box":{"x":545,"y":625,"width":25,"height":11}},{"id":"e88f1ca8-a6e8-4e5c-b7ea-664475d5dd5a","block_type":"box","text":"will","page_number":1,"box":{"x":571,"y":617,"width":19,"height":11}},{"id":"ed15a4dd-9eae-45aa-8aa5-c87d8f7bc09c","block_type":"box","text":"be","page_number":1,"box":{"x":591,"y":615,"width":15,"height":7}},{"id":"c13d1100-70b8-43b1-906e-0ee2a339d78b","block_type":"box","text":"shown","page_number":1,"box":{"x":606,"y":605,"width":35,"height":13}},{"id":"e520ed78-20ac-442c-aae3-808b3cd06cb3","block_type":"box","text":"once","page_number":1,"box":{"x":642,"y":597,"width":26,"height":11}},{"id":"624d8fde-ab60-405e-ba85-cca94bda65e3","block_type":"box","text":"the","page_number":1,"box":{"x":668,"y":591,"width":20,"height":9}},{"id":"d73674e7-7077-4648-adb6-7cefb70dc59a","block_type":"box","text":"share","page_number":1,"box":{"x":688,"y":582,"width":30,"height":13}},{"id":"68a7170d-6a30-4121-af6b-323b5a068aa1","block_type":"box","text":"class","page_number":1,"box":{"x":719,"y":575,"width":26,"height":11}},{"id":"ed373fd5-0bf5-49cc-8789-bc610763bd19","block_type":"box","text":"has","page_number":1,"box":{"x":745,"y":569,"width":20,"height":9}},{"id":"c8f026f2-2d21-407b-863c-29abdb9ac610","block_type":"box","text":"12","page_number":1,"box":{"x":766,"y":563,"width":14,"height":9}},{"id":"00d02a18-586f-42ea-b91e-72172defd187","block_type":"box","text":"months","page_number":1,"box":{"x":781,"y":552,"width":40,"height":16}},{"id":"0275dee3-1038-4a81-b71e-e9cf01b7c629","block_type":"box","text":"performance.","page_number":1,"box":{"x":823,"y":533,"width":68,"height":25}},{"id":"712c4c3c-a99f-40eb-bff4-cd64cc0bb54f","block_type":"box","text":"Rolling annual net performance","page_number":1,"box":{"x":519,"y":651,"width":226,"height":11}},{"id":"c0481993-97cb-45c6-9808-b5a9e953a6bc","block_type":"box","text":"(%)","page_number":1,"box":{"x":749,"y":652,"width":16,"height":9}},{"id":"ec281032-8a83-4538-927a-c95afb890a05","block_type":"box","text":"Data \r\nat","page_number":1,"box":{"x":545,"y":767,"width":25,"height":10}},{"id":"d262f28d-1fce-4017-bd23-b70d6b95be2b","block_type":"box","text":"will \r\na","page_number":1,"box":{"x":571,"y":759,"width":19,"height":11}},{"id":"394109d1-f1ef-49f0-be61-5ae62714e797","block_type":"box","text":"be","page_number":1,"box":{"x":591,"y":756,"width":15,"height":8}},{"id":"bb8c2746-7998-48d0-bcac-99cf75973f2a","block_type":"box","text":"shown \r\nnd","page_number":1,"box":{"x":606,"y":746,"width":35,"height":14}},{"id":"12b756a1-2a47-497e-be53-8c72f767155e","block_type":"box","text":"once","page_number":1,"box":{"x":642,"y":738,"width":26,"height":11}},{"id":"7d6a519d-a5dd-44a8-b247-70fffe09ebdf","block_type":"box","text":"the","page_number":1,"box":{"x":668,"y":733,"width":20,"height":9}},{"id":"c6a5ab18-0809-4e16-ae7c-451342ecd36e","block_type":"box","text":"share","page_number":1,"box":{"x":688,"y":724,"width":30,"height":12}},{"id":"33c63cdd-49d7-406f-9101-017a2138e814","block_type":"box","text":"class","page_number":1,"box":{"x":719,"y":716,"width":26,"height":11}},{"id":"21c116e6-a419-4ac7-9a32-e6239f97aad9","block_type":"box","text":"has","page_number":1,"box":{"x":745,"y":710,"width":20,"height":9}},{"id":"3d8f3a63-e63d-4de4-b8db-f412193f08bf","block_type":"box","text":"12","page_number":1,"box":{"x":766,"y":705,"width":14,"height":9}},{"id":"ebdba523-bad2-4020-9755-3ae499cfc6cd","block_type":"box","text":"months","page_number":1,"box":{"x":781,"y":694,"width":40,"height":15}},{"id":"33a0ee4d-2612-4930-9ba3-dfaa0eb8c299","block_type":"box","text":"performance","page_number":1,"box":{"x":823,"y":675,"width":66,"height":24}},{"id":"f50992a6-4e9b-48ad-af72-fead17e6f5ae","block_type":"box","text":"at","page_number":1,"box":{"x":561,"y":774,"width":12,"height":8}},{"id":"8440f48f-7a95-4e82-a9b4-e5df3989db8e","block_type":"box","text":"will b\r\nquarter","page_number":1,"box":{"x":574,"y":764,"width":39,"height":16}},{"id":"4d8c1970-19e7-480c-afa6-ea338fabf685","block_type":"box","text":"ho\r\nend.","page_number":1,"box":{"x":614,"y":756,"width":23,"height":11}},{"id":"85b4840a-9275-4bea-acdb-5671b504e29f","block_type":"box","text":"Portfolio stats","page_number":1,"box":{"x":519,"y":813,"width":101,"height":9}},{"id":"1d1a5bf6-d1ec-4d4a-931c-c3dade26fc35","block_type":"box","text":"Data","page_number":1,"box":{"x":545,"y":929,"width":25,"height":11}},{"id":"179d3d3f-705c-4079-9c2d-d5c5da33dd21","block_type":"box","text":"will","page_number":1,"box":{"x":571,"y":922,"width":19,"height":11}},{"id":"9c2e73c2-f5c3-4c0d-ad18-61e601adaad8","block_type":"box","text":"be","page_number":1,"box":{"x":591,"y":919,"width":15,"height":8}},{"id":"9b406b5c-3e21-4612-bccc-815ac43aba08","block_type":"box","text":"shown","page_number":1,"box":{"x":606,"y":909,"width":35,"height":14}},{"id":"3acec2df-2686-4de8-90fa-74c342b32aee","block_type":"box","text":"once","page_number":1,"box":{"x":642,"y":901,"width":26,"height":11}},{"id":"9d3e6a5c-10fe-4d71-9551-ecc4b00d9fb8","block_type":"box","text":"the","page_number":1,"box":{"x":668,"y":896,"width":20,"height":8}},{"id":"17ebc43d-2637-4841-ae93-9f0d23d04062","block_type":"box","text":"share","page_number":1,"box":{"x":688,"y":887,"width":30,"height":12}},{"id":"23c05ba5-1497-4b3a-9c15-04fdb21b8b59","block_type":"box","text":"class","page_number":1,"box":{"x":719,"y":879,"width":26,"height":11}},{"id":"23e7dfdf-1035-48f1-baf1-ddb419c79ad0","block_type":"box","text":"has","page_number":1,"box":{"x":745,"y":873,"width":20,"height":9}},{"id":"c3b74fa1-1e2e-4a49-ade9-efc34fa94390","block_type":"box","text":"12","page_number":1,"box":{"x":766,"y":868,"width":14,"height":8}},{"id":"32518a6d-d869-4ebd-8942-8a0c82894142","block_type":"box","text":"months","page_number":1,"box":{"x":781,"y":857,"width":40,"height":15}},{"id":"7fa30a8b-2cfa-4067-8585-0f79d2da620f","block_type":"box","text":"performance.","page_number":1,"box":{"x":823,"y":838,"width":68,"height":24}},{"id":"419fbe4a-ac4f-4ede-b537-9fef74f69692","block_type":"box","text":"Aviva Investors - Global Hybrid Bond Fund I USD","page_number":1,"box":{"x":72,"y":35,"width":614,"height":19}},{"id":"3fe09869-cd4a-444b-9fed-d185cf412dfa","block_type":"box","text":"Acc","page_number":1,"box":{"x":72,"y":62,"width":43,"height":14}},{"id":"f6cac761-b877-4523-8079-608381080f34","block_type":"box","text":"Page 1 of 4 | Aviva Investors - Global Hybrid Bond Fund I USD Acc. As at 31 Jul 2026","page_number":1,"box":{"x":73,"y":954,"width":386,"height":9}},{"id":"cf5df7ce-7a8d-4986-92fe-0034150dbce5","block_type":"box","text":"ISIN","page_number":1,"box":{"x":73,"y":107,"width":21,"height":6}},{"id":"d6395abe-2912-4dda-9472-0894d20bbbce","block_type":"box","text":"LU3303701141","page_number":1,"box":{"x":73,"y":118,"width":78,"height":6}},{"id":"c687e770-279f-4292-84d0-73f0ff98cfbe","block_type":"box","text":"BLOOMBERG","page_number":1,"box":{"x":207,"y":107,"width":70,"height":6}},{"id":"2d1c83d2-7bbc-403c-9ffb-93c397699d92","block_type":"box","text":"AIGHIUS LX","page_number":1,"box":{"x":206,"y":118,"width":61,"height":6}},{"id":"5c33e02e-5ba6-48d5-b3af-b280beb14839","block_type":"box","text":"ASSET CLASS","page_number":1,"box":{"x":327,"y":107,"width":73,"height":6}},{"id":"ade817c8-4848-4d9e-9518-967706b58af4","block_type":"box","text":"Fixed Income","page_number":1,"box":{"x":328,"y":118,"width":71,"height":6}},{"id":"4ba550b4-3d64-4839-993b-2955f8681395","block_type":"box","text":"NAV","page_number":1,"box":{"x":452,"y":107,"width":22,"height":6}},{"id":"039008d8-f723-4e0e-a07f-b44360f49763","block_type":"box","text":"99.48 USD","page_number":1,"box":{"x":452,"y":118,"width":54,"height":6}},{"id":"853b8351-3af7-4eef-8bfc-cd4706924c7f","block_type":"box","text":"FUND SIZE","page_number":1,"box":{"x":545,"y":107,"width":58,"height":6}},{"id":"424e588a-eb1e-420b-89b4-58c0dc6dbf89","block_type":"box","text":"GBP 29.90m","page_number":1,"box":{"x":545,"y":118,"width":64,"height":6}},{"id":"c8b29dfd-2967-4ede-a300-c48c7cca3b53","block_type":"box","text":"AS AT","page_number":1,"box":{"x":655,"y":107,"width":30,"height":6}},{"id":"3ea69ec4-836a-415b-9550-642826c4f178","block_type":"box","text":"31 Jul 2026","page_number":1,"box":{"x":655,"y":118,"width":60,"height":6}},{"id":"f10a523c-e22c-4a96-8bb9-d2e994529f1c","block_type":"box","text":"Fund breakdown by sector","page_number":2,"box":{"x":73,"y":37,"width":189,"height":10}},{"id":"ea604be3-60b0-47bd-88a9-aa9590a8722f","block_type":"box","text":"Sector","page_number":2,"box":{"x":78,"y":60,"width":36,"height":6}},{"id":"d29650b9-ea85-4906-9e7c-651e84a50647","block_type":"box","text":"Fund","page_number":2,"box":{"x":231,"y":59,"width":27,"height":7}},{"id":"9439fff9-3144-4287-8786-893eb48d1b0f","block_type":"box","text":"(%)","page_number":2,"box":{"x":263,"y":59,"width":16,"height":8}},{"id":"a78b0ee4-5442-4518-ac19-c068b2cdcdcc","block_type":"box","text":"Relative to benchmark","page_number":2,"box":{"x":329,"y":59,"width":129,"height":7}},{"id":"0a127b18-4f2a-4904-9baf-40642c839bf1","block_type":"box","text":"(%)","page_number":2,"box":{"x":462,"y":59,"width":17,"height":8}},{"id":"f99e0b83-0142-4a87-b866-5ebb6175ce1b","block_type":"box","text":"Electric","page_number":2,"box":{"x":78,"y":80,"width":40,"height":7}},{"id":"469b0ac1-3043-4c6f-8842-f70f39409e6c","block_type":"box","text":"30.08","page_number":2,"box":{"x":238,"y":81,"width":28,"height":6}},{"id":"c838dfcb-5b24-4e02-ae7b-07f2e442ba56","block_type":"box","text":"-8.66","page_number":2,"box":{"x":449,"y":81,"width":25,"height":6}},{"id":"4998725b-72d5-4e6b-9ef0-e54a7f61df6e","block_type":"box","text":"Energy","page_number":2,"box":{"x":78,"y":99,"width":37,"height":9}},{"id":"e9b8d342-337e-4ae5-834c-029742af5d61","block_type":"box","text":"21.44","page_number":2,"box":{"x":238,"y":99,"width":28,"height":7}},{"id":"bd1ff4e9-bf28-40b9-bd62-4d127506742c","block_type":"box","text":"+0.70","page_number":2,"box":{"x":446,"y":99,"width":28,"height":7}},{"id":"4679c85b-ca55-4eb6-97ea-35367847bc5b","block_type":"box","text":"Communications","page_number":2,"box":{"x":78,"y":117,"width":92,"height":7}},{"id":"f45e1e05-533c-467e-be8f-f3c7d5363e98","block_type":"box","text":"16.61","page_number":2,"box":{"x":238,"y":118,"width":28,"height":6}},{"id":"11b300b9-4790-4374-9abc-2736fb02c799","block_type":"box","text":"+8.17","page_number":2,"box":{"x":446,"y":118,"width":28,"height":6}},{"id":"459915d4-01bf-4865-9c2a-06ad6839d935","block_type":"box","text":"Natural Gas","page_number":2,"box":{"x":78,"y":136,"width":62,"height":6}},{"id":"9731bec2-976a-4f65-99f1-330a886caea7","block_type":"box","text":"8.54","page_number":2,"box":{"x":244,"y":136,"width":22,"height":6}},{"id":"39e4fb9b-5b28-41d4-9a63-d4c47f0282fd","block_type":"box","text":"+0.56","page_number":2,"box":{"x":446,"y":136,"width":28,"height":6}},{"id":"5f66ebf1-ff0a-45ba-8106-007e005c6fed","block_type":"box","text":"Banking","page_number":2,"box":{"x":78,"y":154,"width":44,"height":9}},{"id":"eb1913a1-b6bc-489f-807b-d1faa2a27152","block_type":"box","text":"5.70","page_number":2,"box":{"x":244,"y":154,"width":22,"height":7}},{"id":"44be8758-0f70-4392-ac7b-92171043a687","block_type":"box","text":"+5.70","page_number":2,"box":{"x":446,"y":154,"width":28,"height":7}},{"id":"9a188469-2052-47db-be78-c8c0f2a7a16a","block_type":"box","text":"Consumer Cyclical","page_number":2,"box":{"x":78,"y":172,"width":99,"height":9}},{"id":"46eeb96f-6a06-4ef9-b040-be596d498089","block_type":"box","text":"5.48","page_number":2,"box":{"x":244,"y":173,"width":22,"height":6}},{"id":"e4cbf4e5-bbaa-4728-8656-0cd6e2bc285a","block_type":"box","text":"+0.22","page_number":2,"box":{"x":446,"y":173,"width":28,"height":6}},{"id":"ba73dc0a-13a6-45e1-9520-a964495f5c11","block_type":"box","text":"Foreign Agencies","page_number":2,"box":{"x":78,"y":191,"width":91,"height":8}},{"id":"23d567d6-1e39-40b3-ba40-bdb0d1403272","block_type":"box","text":"2.83","page_number":2,"box":{"x":244,"y":191,"width":22,"height":6}},{"id":"f5f3c6c4-2617-4875-a368-bf4874a89aca","block_type":"box","text":"-1.13","page_number":2,"box":{"x":449,"y":191,"width":25,"height":6}},{"id":"3d182bbc-39bb-4fa6-b5b9-76cd953658d4","block_type":"box","text":"Foreign Local","page_number":2,"box":{"x":78,"y":208,"width":72,"height":9}},{"id":"07a9bb0a-d0fb-493e-bcda-a34d3d8f3220","block_type":"box","text":"Government","page_number":2,"box":{"x":78,"y":221,"width":67,"height":6}},{"id":"8a876870-509e-4418-9170-494ee23ce7f1","block_type":"box","text":"1.89","page_number":2,"box":{"x":245,"y":215,"width":21,"height":6}},{"id":"4ab69e54-0b09-4763-805c-865ce6708063","block_type":"box","text":"-0.78","page_number":2,"box":{"x":449,"y":215,"width":25,"height":6}},{"id":"e1dbf02f-e730-4c56-ab11-777fa41ae22e","block_type":"box","text":"Insurance","page_number":2,"box":{"x":78,"y":238,"width":52,"height":7}},{"id":"2a581429-9ad1-4003-a4ce-4997c5234f97","block_type":"box","text":"1.82","page_number":2,"box":{"x":245,"y":238,"width":21,"height":7}},{"id":"356af36a-e28c-4f8d-becb-242e634a0524","block_type":"box","text":"+1.82","page_number":2,"box":{"x":446,"y":238,"width":28,"height":7}},{"id":"b6752e42-48be-454a-a6b4-d8beee6fe1a6","block_type":"box","text":"Other","page_number":2,"box":{"x":78,"y":256,"width":30,"height":7}},{"id":"152ad6b6-34ec-4221-9b6c-e46e96ff5797","block_type":"box","text":"1.33","page_number":2,"box":{"x":245,"y":257,"width":21,"height":6}},{"id":"cf382081-c245-40eb-8384-0f72eb43cc1d","block_type":"box","text":"-7.34","page_number":2,"box":{"x":449,"y":257,"width":26,"height":6}},{"id":"d1911bb2-b860-4a01-b76b-7ca60a9a3b26","block_type":"box","text":"Source: Aviva Investors, all other data is Morningstar unless stated otherwise.","page_number":2,"box":{"x":73,"y":272,"width":363,"height":8}},{"id":"31fea8a2-b009-4583-830f-f2e1230e3c78","block_type":"box","text":"The fund breakdown by sector shown in the factsheet excludes cash and equivalents.","page_number":2,"box":{"x":73,"y":283,"width":401,"height":8}},{"id":"f8aaa3fb-2e25-4e13-96b5-1a767716a942","block_type":"box","text":"Fund breakdown by country","page_number":2,"box":{"x":73,"y":311,"width":200,"height":10}},{"id":"ca2f4141-13f6-4514-90ad-3abf901f4585","block_type":"box","text":"Country","page_number":2,"box":{"x":78,"y":334,"width":46,"height":8}},{"id":"30e91c74-5a42-486f-a2ec-c1779a6af43d","block_type":"box","text":"Fund","page_number":2,"box":{"x":430,"y":333,"width":27,"height":7}},{"id":"1387043c-488c-4a83-9bed-93d4fd6b48b3","block_type":"box","text":"(%)","page_number":2,"box":{"x":462,"y":333,"width":17,"height":8}},{"id":"dc49265f-e954-4c5e-9605-be0b4720b3ca","block_type":"box","text":"United States","page_number":2,"box":{"x":78,"y":355,"width":72,"height":6}},{"id":"e746c91b-951b-44b5-a90f-398060f8ec07","block_type":"box","text":"26.58","page_number":2,"box":{"x":446,"y":355,"width":28,"height":6}},{"id":"ea949302-9463-423a-bfaf-cb5253e5cabf","block_type":"box","text":"Canada","page_number":2,"box":{"x":78,"y":373,"width":40,"height":7}},{"id":"ac1d302a-d02f-4788-b42c-1f72dd107fe2","block_type":"box","text":"16.81","page_number":2,"box":{"x":447,"y":374,"width":27,"height":6}},{"id":"9ce09e05-b99f-4046-9de4-44a53604c429","block_type":"box","text":"France","page_number":2,"box":{"x":78,"y":392,"width":35,"height":6}},{"id":"cac3b954-d554-47a5-a799-1646697d1670","block_type":"box","text":"14.33","page_number":2,"box":{"x":447,"y":392,"width":27,"height":6}},{"id":"3b16a51a-f5c7-408b-9515-79c78d20c2bb","block_type":"box","text":"United Kingdom","page_number":2,"box":{"x":78,"y":410,"width":87,"height":8}},{"id":"902ab8ac-8dab-4180-8413-43d62185e3d5","block_type":"box","text":"13.38","page_number":2,"box":{"x":447,"y":410,"width":27,"height":6}},{"id":"12399d15-248a-409c-805f-54fa1329ab50","block_type":"box","text":"Italy","page_number":2,"box":{"x":78,"y":428,"width":23,"height":9}},{"id":"810d4cb8-7c29-49b7-89fd-f0d945bb370e","block_type":"box","text":"9.98","page_number":2,"box":{"x":453,"y":429,"width":21,"height":6}},{"id":"2864f84c-af45-44a1-9dc5-d3ab921e05f9","block_type":"box","text":"Germany","page_number":2,"box":{"x":78,"y":447,"width":49,"height":8}},{"id":"a70d1756-490d-46a5-9e49-13d8f592cdd7","block_type":"box","text":"7.86","page_number":2,"box":{"x":453,"y":447,"width":21,"height":6}},{"id":"e546c8af-0815-487b-bc29-fe3950c9a5ac","block_type":"box","text":"Spain","page_number":2,"box":{"x":78,"y":465,"width":29,"height":8}},{"id":"f7f7f2a4-2d8f-4c1b-af34-ce8a216871d6","block_type":"box","text":"4.50","page_number":2,"box":{"x":452,"y":465,"width":22,"height":6}},{"id":"f637a043-4aa8-4d70-8da9-89fec45d2199","block_type":"box","text":"Belgium","page_number":2,"box":{"x":78,"y":483,"width":43,"height":9}},{"id":"80dfd5e3-44f1-4115-acdc-561f5e7059cd","block_type":"box","text":"1.67","page_number":2,"box":{"x":453,"y":484,"width":21,"height":6}},{"id":"a4cbf6c0-6793-4385-9d11-d0c8b9a6d157","block_type":"box","text":"Netherlands","page_number":2,"box":{"x":78,"y":501,"width":66,"height":7}},{"id":"cafa8147-7e4f-4971-a83c-8460670ad2c5","block_type":"box","text":"1.63","page_number":2,"box":{"x":453,"y":502,"width":21,"height":6}},{"id":"eb4ab2ee-33d5-433d-a077-f7f1b46ee8c4","block_type":"box","text":"Other","page_number":2,"box":{"x":78,"y":520,"width":30,"height":7}},{"id":"1bb62eeb-ff70-4340-91fc-5656f1e52dec","block_type":"box","text":"3.27","page_number":2,"box":{"x":453,"y":520,"width":21,"height":7}},{"id":"ca9b4354-4f15-459e-ab63-ac860c2f1cd9","block_type":"box","text":"The fund breakdown by country shown in the factsheet excludes cash and","page_number":2,"box":{"x":73,"y":535,"width":348,"height":8}},{"id":"f08840ea-039c-46fc-8b7f-0acd6ac4f8b6","block_type":"box","text":"equivalents.","page_number":2,"box":{"x":73,"y":547,"width":57,"height":7}},{"id":"6dfda2f5-830f-4b64-89b9-9b8df2df3d2e","block_type":"box","text":"Credit rating","page_number":2,"box":{"x":73,"y":574,"width":90,"height":11}},{"id":"5db9ea82-deda-4e9f-b348-aed85b5e55fc","block_type":"box","text":"Rating","page_number":2,"box":{"x":78,"y":596,"width":37,"height":9}},{"id":"fa1d57b7-851c-4eec-a178-b068805a0772","block_type":"box","text":"Fund","page_number":2,"box":{"x":231,"y":596,"width":27,"height":7}},{"id":"3649dad2-8549-48a0-bd18-7c6ac59c87f6","block_type":"box","text":"(%)","page_number":2,"box":{"x":263,"y":596,"width":16,"height":9}},{"id":"2854b655-b7d1-44b2-8574-cd6d1153ed3c","block_type":"box","text":"Relative to benchmark","page_number":2,"box":{"x":329,"y":596,"width":129,"height":7}},{"id":"4a065672-dbdd-4444-a83a-9d179bb87b77","block_type":"box","text":"(%)","page_number":2,"box":{"x":462,"y":596,"width":17,"height":9}},{"id":"243049a0-73a0-431b-b390-b90841f85e3d","block_type":"box","text":"AAA","page_number":2,"box":{"x":77,"y":618,"width":21,"height":6}},{"id":"be4a432f-dd31-4683-8e56-8fce245b9140","block_type":"box","text":"2.33","page_number":2,"box":{"x":244,"y":618,"width":22,"height":6}},{"id":"6c78d495-71d7-4fd0-9780-a1f542249ca1","block_type":"box","text":"+2.33","page_number":2,"box":{"x":446,"y":618,"width":28,"height":6}},{"id":"782bb73c-a19a-4497-bbdc-bc60ef0d702c","block_type":"box","text":"A","page_number":2,"box":{"x":77,"y":637,"width":7,"height":6}},{"id":"1c470a2c-f549-4041-9984-275d8e6fb147","block_type":"box","text":"5.98","page_number":2,"box":{"x":244,"y":637,"width":22,"height":6}},{"id":"10ead624-3db1-4c5e-9ee7-c0aaef1147eb","block_type":"box","text":"-7.25","page_number":2,"box":{"x":449,"y":637,"width":25,"height":6}},{"id":"debc93dd-ad45-4acd-a6b6-c63861a5d106","block_type":"box","text":"BBB","page_number":2,"box":{"x":78,"y":655,"width":22,"height":6}},{"id":"7d672352-30f9-44aa-84b8-f17f3ff854d8","block_type":"box","text":"58.63","page_number":2,"box":{"x":238,"y":655,"width":28,"height":6}},{"id":"a0de6940-8c6c-44e1-97b8-a5cbd55a9c02","block_type":"box","text":"-26.07","page_number":2,"box":{"x":442,"y":655,"width":32,"height":6}},{"id":"73dd1b02-eeb9-4ee2-a770-14dbfae708ef","block_type":"box","text":"BB","page_number":2,"box":{"x":78,"y":673,"width":14,"height":6}},{"id":"39169906-9648-4a4e-9bfe-e962c3aa3d9d","block_type":"box","text":"30.37","page_number":2,"box":{"x":238,"y":673,"width":28,"height":6}},{"id":"3cf4d598-503d-4ce1-838e-be40be139949","block_type":"box","text":"+28.29","page_number":2,"box":{"x":440,"y":673,"width":34,"height":6}},{"id":"d6677f3a-71ca-4ce2-8018-f8f92ddbdc77","block_type":"box","text":"B","page_number":2,"box":{"x":78,"y":692,"width":6,"height":6}},{"id":"91cc9ce6-b0a1-4ce6-b387-cb848a71f1bb","block_type":"box","text":"0.77","page_number":2,"box":{"x":244,"y":692,"width":22,"height":6}},{"id":"d5f11c23-cf33-4181-a691-6320fd165499","block_type":"box","text":"+0.77","page_number":2,"box":{"x":446,"y":692,"width":28,"height":6}},{"id":"e7d44e33-1afe-44b5-ae14-ff53ba90e5b5","block_type":"box","text":"Below B","page_number":2,"box":{"x":78,"y":709,"width":43,"height":7}},{"id":"64c844fb-7548-4342-af8a-704d9082b588","block_type":"box","text":"0.00","page_number":2,"box":{"x":244,"y":710,"width":22,"height":6}},{"id":"aa5f4363-7b15-4247-aa06-a201fb809239","block_type":"box","text":"+0.00","page_number":2,"box":{"x":446,"y":710,"width":28,"height":6}},{"id":"13183d90-c7aa-47e2-82b4-1a447409d2ca","block_type":"box","text":"Not Rated, Other & Cash","page_number":2,"box":{"x":78,"y":728,"width":129,"height":8}},{"id":"e8fa8f50-fe96-484e-bad5-051910ebabee","block_type":"box","text":"2.10","page_number":2,"box":{"x":244,"y":728,"width":22,"height":7}},{"id":"3b5436e1-8291-44de-9c7a-09f81dfc982a","block_type":"box","text":"+2.10","page_number":2,"box":{"x":446,"y":728,"width":28,"height":7}},{"id":"1a1372bd-14cd-4a3f-9ae3-eb405eb49fd7","block_type":"box","text":"Source: Aviva Investors, all other data is Morningstar unless stated otherwise.","page_number":2,"box":{"x":73,"y":743,"width":363,"height":8}},{"id":"a4b814e9-a272-4430-bf00-570511c561b9","block_type":"box","text":"Top holdings","page_number":2,"box":{"x":518,"y":36,"width":91,"height":11}},{"id":"9f494ed4-9b6c-47cc-b5fe-be291d4adf07","block_type":"box","text":"Company","page_number":2,"box":{"x":551,"y":60,"width":54,"height":8}},{"id":"e0c478b4-7c12-4acb-8b26-f99136978b2d","block_type":"box","text":"Sector","page_number":2,"box":{"x":739,"y":60,"width":37,"height":6}},{"id":"7a10a313-60db-4e16-b575-3228405a3c78","block_type":"box","text":"Fund","page_number":2,"box":{"x":868,"y":59,"width":27,"height":7}},{"id":"bfcf9dd1-65a7-40bd-8655-6d35a8310718","block_type":"box","text":"(%)","page_number":2,"box":{"x":900,"y":59,"width":16,"height":8}},{"id":"3f05c0ce-aeba-4834-b530-7e26f73d2a4c","block_type":"box","text":"1","page_number":2,"box":{"x":532,"y":83,"width":5,"height":6}},{"id":"1df012f7-9502-4a51-9e8b-8ce62584158a","block_type":"box","text":"Enel Spa Regs","page_number":2,"box":{"x":552,"y":82,"width":74,"height":9}},{"id":"5ba46ead-309c-42bf-a544-704e0bb6a802","block_type":"box","text":"Electric","page_number":2,"box":{"x":740,"y":82,"width":39,"height":7}},{"id":"18fc8b9f-a6a8-4b69-a9a1-2ea8ddab630f","block_type":"box","text":"3.04","page_number":2,"box":{"x":895,"y":83,"width":22,"height":6}},{"id":"ee7c1cfa-f50b-42c6-b1c2-e0a523339e72","block_type":"box","text":"2","page_number":2,"box":{"x":532,"y":105,"width":5,"height":6}},{"id":"78436f45-6271-49a1-8047-99aa544f0f95","block_type":"box","text":"Verizon Communications Inc","page_number":2,"box":{"x":551,"y":105,"width":155,"height":6}},{"id":"8a1fbd32-f2aa-4544-b628-6938984552ce","block_type":"box","text":"Communications","page_number":2,"box":{"x":739,"y":105,"width":93,"height":6}},{"id":"43e7c623-86a6-44f8-a7d9-ed47e36df2b3","block_type":"box","text":"2.69","page_number":2,"box":{"x":895,"y":105,"width":22,"height":6}},{"id":"1beb38e4-d437-4db5-84d2-b40d6d646da1","block_type":"box","text":"3","page_number":2,"box":{"x":531,"y":127,"width":6,"height":6}},{"id":"02d2ca6e-4641-4e37-abda-f85f675b719f","block_type":"box","text":"Eni Spa Mtn Regs","page_number":2,"box":{"x":552,"y":127,"width":91,"height":8}},{"id":"9402b3f5-336c-4de3-92ce-9d507e923580","block_type":"box","text":"Energy","page_number":2,"box":{"x":740,"y":127,"width":36,"height":8}},{"id":"6140fb18-ad10-47de-b5d4-1a96509af3a6","block_type":"box","text":"2.35","page_number":2,"box":{"x":895,"y":127,"width":22,"height":6}},{"id":"0f377295-3612-40d2-9a42-97ec80160d94","block_type":"box","text":"4","page_number":2,"box":{"x":531,"y":149,"width":7,"height":6}},{"id":"aa840fc4-14c8-492c-bb16-14f12c352b5b","block_type":"box","text":"Engie Sa Regs","page_number":2,"box":{"x":552,"y":149,"width":73,"height":8}},{"id":"5183da5f-9d47-4e40-a8c1-d6b34dff625d","block_type":"box","text":"Natural Gas","page_number":2,"box":{"x":740,"y":148,"width":62,"height":7}},{"id":"c848b017-7ccd-423c-9258-5b3dda8947e5","block_type":"box","text":"2.30","page_number":2,"box":{"x":895,"y":149,"width":22,"height":6}},{"id":"7c79b414-2f8a-484f-84a8-987d8ff86c7a","block_type":"box","text":"5","page_number":2,"box":{"x":531,"y":171,"width":6,"height":6}},{"id":"23bdede3-5b3e-41fe-bc5f-0ccb412ecb54","block_type":"box","text":"Enel Spa Regs","page_number":2,"box":{"x":552,"y":171,"width":74,"height":8}},{"id":"bf9ce204-82df-40ad-86a5-0eb47ea56171","block_type":"box","text":"Electric","page_number":2,"box":{"x":740,"y":171,"width":39,"height":6}},{"id":"f6a7ea41-b5e8-4b41-9a3a-83aa0db397aa","block_type":"box","text":"2.29","page_number":2,"box":{"x":895,"y":171,"width":22,"height":6}},{"id":"91031bab-c0ad-4a7e-b380-a6ea6bb1d5a1","block_type":"box","text":"6","page_number":2,"box":{"x":532,"y":193,"width":6,"height":6}},{"id":"d61839d8-6beb-440b-b40e-d815bfa43e9b","block_type":"box","text":"Total Se Mtn Regs","page_number":2,"box":{"x":551,"y":193,"width":94,"height":8}},{"id":"e2cc7022-6934-461a-8857-d595199bcd37","block_type":"box","text":"Energy","page_number":2,"box":{"x":740,"y":193,"width":36,"height":8}},{"id":"07508fe7-8f40-4f15-b672-12b58d9575a5","block_type":"box","text":"2.18","page_number":2,"box":{"x":895,"y":193,"width":22,"height":6}},{"id":"b8bd366f-4483-4e75-8f73-d2769f21457f","block_type":"box","text":"7","page_number":2,"box":{"x":532,"y":215,"width":5,"height":6}},{"id":"81fb90f1-f22e-46ff-8be6-750571b44e4d","block_type":"box","text":"British Telecommunications Plc","page_number":2,"box":{"x":552,"y":215,"width":170,"height":6}},{"id":"f65f9f7d-c4d9-4967-a47c-51106f05a506","block_type":"box","text":"Mtn Regs","page_number":2,"box":{"x":552,"y":228,"width":48,"height":8}},{"id":"d97af5ff-0257-4715-8eb3-d11591e495e0","block_type":"box","text":"Communications","page_number":2,"box":{"x":739,"y":215,"width":93,"height":6}},{"id":"7d276c60-c6b8-43d9-ae84-abf0349e01b6","block_type":"box","text":"2.13","page_number":2,"box":{"x":895,"y":215,"width":21,"height":6}},{"id":"571ad1ab-e26b-4fab-acb9-37f37d206958","block_type":"box","text":"8","page_number":2,"box":{"x":532,"y":250,"width":6,"height":6}},{"id":"c08a49a3-d413-462f-a8d0-085115ee0f37","block_type":"box","text":"Exelon Corporation","page_number":2,"box":{"x":552,"y":249,"width":103,"height":9}},{"id":"a6134b49-16b2-4cfb-b22e-ff8f5062965a","block_type":"box","text":"Electric","page_number":2,"box":{"x":740,"y":249,"width":39,"height":7}},{"id":"627fa4b4-95ef-45d5-ae47-a91b638b7e0d","block_type":"box","text":"2.10","page_number":2,"box":{"x":895,"y":250,"width":22,"height":6}},{"id":"2467d9a0-20d0-4911-8c3a-fc051488c20d","block_type":"box","text":"9","page_number":2,"box":{"x":532,"y":272,"width":5,"height":6}},{"id":"0a7124ed-e875-4705-882e-0de5cff0781e","block_type":"box","text":"Verizon Communications Inc","page_number":2,"box":{"x":551,"y":272,"width":155,"height":6}},{"id":"6404f756-9623-447a-adb1-a28f1a5e1492","block_type":"box","text":"Communications","page_number":2,"box":{"x":739,"y":272,"width":93,"height":6}},{"id":"3e80840c-44db-49cb-9051-28858622b25d","block_type":"box","text":"2.01","page_number":2,"box":{"x":895,"y":272,"width":21,"height":6}},{"id":"17785feb-9b32-4c2c-aea0-d48694e6db78","block_type":"box","text":"10","page_number":2,"box":{"x":529,"y":294,"width":12,"height":6}},{"id":"60d7f923-1fe1-4bf1-8397-29498add2156","block_type":"box","text":"Nextera Energy Capital","page_number":2,"box":{"x":552,"y":294,"width":122,"height":8}},{"id":"4327ab81-c89d-4ed1-9829-abd9bce254ef","block_type":"box","text":"Holdings In","page_number":2,"box":{"x":552,"y":306,"width":60,"height":9}},{"id":"2294d15b-f39a-479b-82a2-697d20cf2907","block_type":"box","text":"Electric","page_number":2,"box":{"x":740,"y":294,"width":39,"height":6}},{"id":"399857c4-494a-4caf-8db8-1a4d232b0d7b","block_type":"box","text":"1.90","page_number":2,"box":{"x":895,"y":294,"width":22,"height":6}},{"id":"1346d112-52a6-4076-9c41-770689077568","block_type":"box","text":"Source: Aviva Investors, all other data is Morningstar unless stated otherwise.","page_number":2,"box":{"x":518,"y":324,"width":364,"height":7}},{"id":"b9d60f4b-80f8-429d-a47f-246a6e17e3c5","block_type":"box","text":"Basis: Excludes cash, cash equivalents, futures and government bonds.","page_number":2,"box":{"x":519,"y":335,"width":334,"height":8}},{"id":"1b1e17f4-1947-4c55-9c68-b0936c4f867b","block_type":"box","text":"Currency breakdown","page_number":2,"box":{"x":519,"y":363,"width":148,"height":10}},{"id":"f2517f7a-a275-442d-b8fd-b9f463098557","block_type":"box","text":"Currency","page_number":2,"box":{"x":524,"y":386,"width":51,"height":8}},{"id":"745806b1-465b-4ace-b01e-2c0346432cdb","block_type":"box","text":"Fund","page_number":2,"box":{"x":677,"y":385,"width":27,"height":7}},{"id":"3e53051e-50f0-4381-be63-b4a940c242c6","block_type":"box","text":"(%)","page_number":2,"box":{"x":709,"y":385,"width":16,"height":8}},{"id":"c30c2e2f-48ed-49b1-b763-f4a6571ba676","block_type":"box","text":"Relative to benchmark","page_number":2,"box":{"x":775,"y":385,"width":129,"height":7}},{"id":"788fa1aa-9264-4b7f-aa8a-f731c15bd7f4","block_type":"box","text":"(%)","page_number":2,"box":{"x":908,"y":385,"width":16,"height":8}},{"id":"b7342b0a-47de-4f3e-a24e-e7512c6ced39","block_type":"box","text":"Canadian Dollar","page_number":2,"box":{"x":524,"y":406,"width":87,"height":7}},{"id":"4145590a-c55e-45da-8ee2-cf75313561dc","block_type":"box","text":"6.04","page_number":2,"box":{"x":690,"y":407,"width":22,"height":6}},{"id":"53617de1-feaf-4afe-9d0d-62fe410acd22","block_type":"box","text":"+6.04","page_number":2,"box":{"x":892,"y":407,"width":28,"height":6}},{"id":"d0e4afa5-ed0e-4239-b92d-3db24809d608","block_type":"box","text":"Euro","page_number":2,"box":{"x":524,"y":425,"width":24,"height":7}},{"id":"c116a75f-5669-40c2-bf96-4639fafe4f5f","block_type":"box","text":"50.13","page_number":2,"box":{"x":684,"y":425,"width":28,"height":7}},{"id":"3a4d1642-07d7-4ebd-8b40-196765dc81a6","block_type":"box","text":"-6.03","page_number":2,"box":{"x":895,"y":425,"width":25,"height":7}},{"id":"bf1e4f1d-9458-4021-b232-ab1c7c180b1a","block_type":"box","text":"Sterling","page_number":2,"box":{"x":524,"y":443,"width":41,"height":9}},{"id":"a67047cb-015f-47bd-87e3-043ac796102a","block_type":"box","text":"7.69","page_number":2,"box":{"x":690,"y":444,"width":22,"height":6}},{"id":"d9049a46-f2c3-482c-b9f8-1f21cd367dbb","block_type":"box","text":"+5.80","page_number":2,"box":{"x":892,"y":444,"width":28,"height":6}},{"id":"4e9f4d76-fba6-40f7-99ab-1e1ad3b07980","block_type":"box","text":"US Dollar","page_number":2,"box":{"x":524,"y":462,"width":50,"height":6}},{"id":"18da6d76-4842-4a85-9f15-83b42faf5780","block_type":"box","text":"36.33","page_number":2,"box":{"x":684,"y":462,"width":28,"height":6}},{"id":"dbdda99c-03aa-476f-adc6-72a28e7d92d0","block_type":"box","text":"-5.63","page_number":2,"box":{"x":895,"y":462,"width":25,"height":6}},{"id":"6d28d03a-6cd8-4030-bba9-b40343e571b5","block_type":"box","text":"Source: Aviva Investors, all other data is Morningstar unless stated otherwise.","page_number":2,"box":{"x":518,"y":477,"width":364,"height":8}},{"id":"1ef08d22-1fa7-4952-946a-d66d7b8f3fcb","block_type":"box","text":"Basis: Excludes cash and unassigned.","page_number":2,"box":{"x":519,"y":488,"width":175,"height":8}},{"id":"e620d0d9-235d-4785-869f-8a9c9279853c","block_type":"box","text":"Sustainable Finance Disclosure","page_number":2,"box":{"x":519,"y":516,"width":220,"height":8}},{"id":"85593dc8-965b-4b02-ba40-0be99a82b05c","block_type":"box","text":"This Sub-Fund promotes environmental and social characteristics however","page_number":2,"box":{"x":518,"y":533,"width":406,"height":8}},{"id":"72522bf5-7611-49c4-82dc-7cf7c05bd0e2","block_type":"box","text":"does not have a sustainable investment objective. To be eligible for","page_number":2,"box":{"x":519,"y":544,"width":362,"height":9}},{"id":"481b044c-f154-4e0f-856d-d809493abf6b","block_type":"box","text":"investment, all investments that are selected as part of the Investment","page_number":2,"box":{"x":519,"y":555,"width":380,"height":9}},{"id":"3e883916-4dae-4afd-a888-a8e104fad1d9","block_type":"box","text":"Manager’s ESG analysis must follow good governance practices and not be","page_number":2,"box":{"x":519,"y":566,"width":401,"height":9}},{"id":"f6be787b-3a74-4cd3-bfef-bc26bed42daa","block_type":"box","text":"excluded by the Investment Manager’s ESG Baseline Exclusions Policy. It","page_number":2,"box":{"x":519,"y":577,"width":389,"height":9}},{"id":"22944bbf-904d-4db5-8706-7f952ae2ea3d","block_type":"box","text":"may however not be possible to perform ESG analysis on cash, derivatives","page_number":2,"box":{"x":519,"y":589,"width":399,"height":8}},{"id":"76b96335-fbd3-412e-acb0-2411d9844f13","block_type":"box","text":"and other third-party collective investment schemes. The Investment","page_number":2,"box":{"x":519,"y":600,"width":373,"height":8}},{"id":"87cf20c2-6928-4da6-9e18-f11d85318573","block_type":"box","text":"Manager actively engages with companies and uses voting rights with the","page_number":2,"box":{"x":519,"y":611,"width":396,"height":9}},{"id":"cf78efe3-caa1-46d1-b754-c4826e05b412","block_type":"box","text":"aim of positively influencing company behaviour and helping to create","page_number":2,"box":{"x":519,"y":622,"width":381,"height":9}},{"id":"c1c2bb02-b1e3-4a4e-8703-683c933ded78","block_type":"box","text":"competitive returns. The Investment Manager integrates qualitative and","page_number":2,"box":{"x":519,"y":633,"width":387,"height":9}},{"id":"53714585-dbc4-4afb-b9b6-0c113a4de785","block_type":"box","text":"quantitative data on adverse sustainability impacts into its investment","page_number":2,"box":{"x":519,"y":645,"width":380,"height":8}},{"id":"99570e06-a5e7-426a-9192-bd978bb0acd2","block_type":"box","text":"processes. Whilst the Sub-Fund may invest in underlying investments that","page_number":2,"box":{"x":519,"y":656,"width":399,"height":8}},{"id":"9ce84da2-0055-4b67-8148-3fc2b970feeb","block_type":"box","text":"contribute to climate change mitigation and/or climate change adaptation,","page_number":2,"box":{"x":519,"y":667,"width":405,"height":9}},{"id":"e6e47c03-4436-403a-8347-5f99f692e6b9","block_type":"box","text":"the Sub-Fund does not make any minimum commitment to invest in one or","page_number":2,"box":{"x":518,"y":678,"width":408,"height":9}},{"id":"21104b78-0758-4770-8d9b-5e3d50ad3e7b","block_type":"box","text":"more environmentally sustainable investments. The ESG analysis and","page_number":2,"box":{"x":519,"y":689,"width":374,"height":9}},{"id":"22a43039-2972-4421-bae8-985e3627444f","block_type":"box","text":"considerations described are incorporated into the investment process but","page_number":2,"box":{"x":519,"y":700,"width":404,"height":9}},{"id":"edb2df52-d75c-4f39-8950-52a8fffa2cce","block_type":"box","text":"may not always have a material impact on investments in the Sub-Fund.","page_number":2,"box":{"x":519,"y":712,"width":389,"height":8}},{"id":"6e5be26e-cfe4-464b-b48e-5cf437bdc89d","block_type":"box","text":"For detailed information on the impact of the ESG analysis on the Sub\u0002","page_number":2,"box":{"x":519,"y":723,"width":380,"height":8}},{"id":"846e2b12-b8bf-4af1-b22f-b54e791d0cb2","block_type":"box","text":"Fund’s benchmark at a point in time, please see the","page_number":2,"box":{"x":519,"y":734,"width":277,"height":8}},{"id":"b6635904-1bb9-4e7f-bb74-94d31816f290","block_type":"box","text":"website www.avivainvestors.com. Further information regarding how the","page_number":2,"box":{"x":518,"y":745,"width":395,"height":9}},{"id":"7f93cb49-97e9-4683-99d9-7c1b4ef5112e","block_type":"box","text":"Investment Manager integrates ESG into its investment approach","page_number":2,"box":{"x":519,"y":756,"width":350,"height":9}},{"id":"6b7051d8-e4e7-49d4-8d47-66fe8e41cb8f","block_type":"box","text":"(including information on its ESG Baseline Exclusions Policy) and how it","page_number":2,"box":{"x":519,"y":767,"width":389,"height":9}},{"id":"a760b485-107e-4af1-bb6d-965fa6835640","block_type":"box","text":"engages with companies is available in the Responsible Investment","page_number":2,"box":{"x":519,"y":779,"width":363,"height":8}},{"id":"9ace61ff-6bc1-43a2-968b-649381f106b0","block_type":"box","text":"Philosophy section and on the website www.avivainvestors.com. Please","page_number":2,"box":{"x":519,"y":790,"width":387,"height":8}},{"id":"fe18d7d4-2d38-42d9-97a6-414d5a3d44f9","block_type":"box","text":"also refer to the ESG Screening Impact appendix to this Prospectus, which","page_number":2,"box":{"x":519,"y":801,"width":398,"height":9}},{"id":"9dc38ecc-837e-451a-9cff-b9256088ddae","block_type":"box","text":"provides an overview of specific ESG considerations that may apply to this","page_number":2,"box":{"x":519,"y":812,"width":401,"height":9}},{"id":"137e6428-5d6e-40bf-af11-524813f36a62","block_type":"box","text":"Sub-Fund. Further details can also be found in the Annex II – Precontractual","page_number":2,"box":{"x":519,"y":823,"width":407,"height":7}},{"id":"efa5cb87-ef4e-4676-b3a6-5435dfed4c3f","block_type":"box","text":"Disclosure.","page_number":2,"box":{"x":519,"y":835,"width":58,"height":6}},{"id":"63032b78-e97a-4303-a23b-4caa3b15c541","block_type":"box","text":"Fund risks","page_number":2,"box":{"x":519,"y":862,"width":72,"height":9}},{"id":"f724a3b1-dd57-4912-9ab9-2ce38c4abc91","block_type":"box","text":"Contingent Convertibles Securities:","page_number":2,"box":{"x":519,"y":879,"width":203,"height":9}},{"id":"6af5c89d-19e1-47c0-9641-cc19abadfdd9","block_type":"box","text":"Contingent convertible bonds","page_number":2,"box":{"x":726,"y":879,"width":161,"height":9}},{"id":"c6d5a454-a7c2-428d-85a2-2fcf4b9e7727","block_type":"box","text":"(CoCos),","page_number":2,"box":{"x":519,"y":890,"width":44,"height":9}},{"id":"a4397b5d-f250-4bf5-b525-8c845234dfe5","block_type":"box","text":"often","page_number":2,"box":{"x":567,"y":891,"width":27,"height":6}},{"id":"5ff24943-4de2-4d2b-9b95-34745a14d0f6","block_type":"box","text":"classified as Additional Tier 1 (AT1) capital instruments, are","page_number":2,"box":{"x":598,"y":890,"width":318,"height":9}},{"id":"4365d99f-9290-4a70-968b-70190ffe9faf","block_type":"box","text":"high","page_number":2,"box":{"x":519,"y":902,"width":22,"height":9}},{"id":"272bc27e-3231-4a00-8807-384ec17dd8c8","block_type":"box","text":"‑","page_number":2,"box":{"x":543,"y":906,"width":3,"height":1}},{"id":"2161e288-9559-43a0-9652-b67850da66ab","block_type":"box","text":"yield, high","page_number":2,"box":{"x":547,"y":902,"width":55,"height":9}},{"id":"5e5bce68-0f3a-4ef6-b98e-d89765c230de","block_type":"box","text":"‑","page_number":2,"box":{"x":603,"y":906,"width":3,"height":1}},{"id":"167d1a6c-5f68-45e6-a377-db00a9b7ce46","block_type":"box","text":"risk hybrid securities issued primarily by banks. They","page_number":2,"box":{"x":608,"y":902,"width":285,"height":8}},{"id":"2816a485-ae0b-4292-abd0-0e09a9779db6","block_type":"box","text":"automatically convert to equity or are written down when the issuer’s","page_number":2,"box":{"x":519,"y":913,"width":375,"height":9}},{"id":"82628324-50af-4ccd-a5d4-3e2c7e530db5","block_type":"box","text":"Page 2 of 4 | Aviva Investors - Global Hybrid Bond Fund I USD Acc. As at 31 Jul 2026","page_number":2,"box":{"x":73,"y":954,"width":386,"height":9}},{"id":"5410d98f-5b74-4bed-a4ee-f0043bb88de3","block_type":"box","text":"capital deteriorates. This makes them structurally riskier than traditional","page_number":3,"box":{"x":73,"y":36,"width":392,"height":9}},{"id":"d8639bfb-49dc-4eeb-80df-c795e97b70b8","block_type":"box","text":"bonds.","page_number":3,"box":{"x":73,"y":47,"width":36,"height":7}},{"id":"381b8b06-780d-4144-abe6-6a01e51b9678","block_type":"box","text":"Counterparty Risk:","page_number":3,"box":{"x":73,"y":63,"width":107,"height":9}},{"id":"9734167d-e11b-4c5e-a2ac-f971c8732fa4","block_type":"box","text":"The Fund could lose money if an entity with which it","page_number":3,"box":{"x":184,"y":63,"width":282,"height":9}},{"id":"4cbc4edd-4d63-4615-baff-a873217f30bc","block_type":"box","text":"does business becomes unwilling or is unable to meet its obligations to the","page_number":3,"box":{"x":73,"y":74,"width":405,"height":9}},{"id":"68e95e90-fb53-4219-afbe-e5ac2d895753","block_type":"box","text":"Fund.","page_number":3,"box":{"x":73,"y":85,"width":29,"height":7}},{"id":"54d45277-8c65-4e7a-ac39-f4c064258fdd","block_type":"box","text":"Credit Risk:","page_number":3,"box":{"x":73,"y":101,"width":65,"height":7}},{"id":"a0c4d6bb-903b-4499-be85-ff63ec3ee4c6","block_type":"box","text":"A bond or money market security could lose value if the","page_number":3,"box":{"x":142,"y":101,"width":300,"height":9}},{"id":"5c19f74b-18a6-40fc-9625-bf498aa40d16","block_type":"box","text":"issuer's financial health weakens.","page_number":3,"box":{"x":73,"y":112,"width":180,"height":7}},{"id":"fdf5a79b-8ac1-4220-9705-dc7b6cff387b","block_type":"box","text":"Currency Risk:","page_number":3,"box":{"x":73,"y":128,"width":82,"height":9}},{"id":"5f6c5c00-3466-48c1-b65c-5e79dc21393f","block_type":"box","text":"Changes in currency exchange rates could reduce","page_number":3,"box":{"x":159,"y":128,"width":266,"height":9}},{"id":"1c700ea2-3725-40f8-9969-7231eb4d313c","block_type":"box","text":"investment gains or increase investment losses. Exchange rates can change","page_number":3,"box":{"x":73,"y":139,"width":406,"height":9}},{"id":"a6f45f4d-a855-4dbf-93af-cb271c7a0013","block_type":"box","text":"rapidly, significantly and unpredictably.","page_number":3,"box":{"x":73,"y":151,"width":213,"height":8}},{"id":"5a5ea24a-aaec-48d4-9a6a-f59a8572431a","block_type":"box","text":"Derivatives Risk:","page_number":3,"box":{"x":73,"y":166,"width":95,"height":7}},{"id":"69dbdcde-c7b8-41b8-bb3c-662a81494445","block_type":"box","text":"Derivatives are instruments that can be complex and","page_number":3,"box":{"x":172,"y":166,"width":283,"height":9}},{"id":"f295f7c6-0c7a-4614-8f14-8b4b94f7661d","block_type":"box","text":"highly volatile, have some degree of unpredictability (especially in unusual","page_number":3,"box":{"x":73,"y":177,"width":403,"height":9}},{"id":"ae5fcad6-1b48-4d37-bdf5-1ee1d55d0d8b","block_type":"box","text":"market conditions), and can create losses significantly greater than the cost","page_number":3,"box":{"x":73,"y":189,"width":408,"height":9}},{"id":"25c57f17-4a0d-4813-a69a-6aac6e9742c9","block_type":"box","text":"of the derivative itself.","page_number":3,"box":{"x":73,"y":200,"width":118,"height":7}},{"id":"2e610649-77c1-4dcb-bdab-5d9c274b16bb","block_type":"box","text":"Distressed Securities:","page_number":3,"box":{"x":73,"y":216,"width":123,"height":7}},{"id":"8ce830d5-d118-4888-ba5e-0ed08e03e105","block_type":"box","text":"Securities issued by companies/public bodies","page_number":3,"box":{"x":200,"y":216,"width":246,"height":8}},{"id":"938817ff-77f1-4e85-93a6-576f8e671f96","block_type":"box","text":"undergoing financial pressure due to possible bankruptcy, re-structuration,","page_number":3,"box":{"x":73,"y":227,"width":406,"height":9}},{"id":"3cdf40a7-6597-4ac8-9e8a-6bac06e3a38a","block_type":"box","text":"or other financial turmoil. Changing market conditions may have a greater","page_number":3,"box":{"x":73,"y":238,"width":401,"height":9}},{"id":"3dfc48ce-c156-45e0-bb99-9c70a29b0d26","block_type":"box","text":"adverse impact on such securities.","page_number":3,"box":{"x":73,"y":249,"width":185,"height":9}},{"id":"83de35e7-7142-47ef-84c5-f8bcd216337a","block_type":"box","text":"Emerging Markets Risk:","page_number":3,"box":{"x":73,"y":265,"width":134,"height":9}},{"id":"c0995105-9075-414d-bf7f-88bf815a61da","block_type":"box","text":"Compared to developed markets, emerging","page_number":3,"box":{"x":211,"y":265,"width":235,"height":9}},{"id":"29180bc1-bb63-4538-a620-2fdd196512be","block_type":"box","text":"markets can have greater political instability and limited investor rights","page_number":3,"box":{"x":73,"y":276,"width":384,"height":9}},{"id":"9ce17b0c-092a-43ec-8b3a-55e14748ceb2","block_type":"box","text":"and freedoms, and their securities can carry higher equity, market,","page_number":3,"box":{"x":73,"y":287,"width":359,"height":9}},{"id":"45ccf9b5-5923-47e2-b9c7-ef162711c3ff","block_type":"box","text":"liquidity, credit and currency risk.","page_number":3,"box":{"x":73,"y":299,"width":180,"height":8}},{"id":"ee6a706c-f9d6-4696-b20c-c3e1b243339f","block_type":"box","text":"Interest Rate:","page_number":3,"box":{"x":73,"y":315,"width":77,"height":6}},{"id":"156d3938-30fb-4fb1-9f12-ee2fafc531d7","block_type":"box","text":"When interest rates rise, bond values generally fall. This risk","page_number":3,"box":{"x":153,"y":314,"width":322,"height":9}},{"id":"8b06ff0b-64fe-4035-a58d-35a3a28a2923","block_type":"box","text":"is generally greater for longer-term bonds and for bonds with higher credit","page_number":3,"box":{"x":73,"y":326,"width":401,"height":8}},{"id":"1d4c7351-519b-43d2-bfdd-bf9e49ccef2f","block_type":"box","text":"quality.","page_number":3,"box":{"x":73,"y":337,"width":39,"height":9}},{"id":"d0a12cfe-bc09-4d4f-974a-3c3035dc2926","block_type":"box","text":"Leverage:","page_number":3,"box":{"x":73,"y":353,"width":54,"height":8}},{"id":"172f1b46-13e5-4daf-9a11-3dc5fdd9a740","block_type":"box","text":"A small price decline on a \"leveraged\" underlying investment","page_number":3,"box":{"x":131,"y":353,"width":330,"height":8}},{"id":"1ac3e8dc-6c2e-4576-a003-b14e00f71c63","block_type":"box","text":"will create a correspondingly larger loss for the Fund. A high overall level of","page_number":3,"box":{"x":72,"y":364,"width":405,"height":9}},{"id":"b0467436-7fe0-4181-a813-2849fc153029","block_type":"box","text":"leverage and/or unusual market conditions could create significant losses","page_number":3,"box":{"x":73,"y":375,"width":397,"height":9}},{"id":"fd684bb0-b377-49c0-9fb0-ea65584be0ed","block_type":"box","text":"for the Fund.","page_number":3,"box":{"x":73,"y":386,"width":68,"height":7}},{"id":"9bbdc196-772f-44c9-b8bc-933e96e67602","block_type":"box","text":"Liquidity Risk:","page_number":3,"box":{"x":73,"y":402,"width":81,"height":9}},{"id":"90b6d7bb-e6a3-498d-bfb0-d2fbd31d404d","block_type":"box","text":"Certain assets held in the Fund could, by nature, be hard to","page_number":3,"box":{"x":159,"y":402,"width":317,"height":9}},{"id":"4a9d88b4-b804-4dcb-92dd-d1755726cf08","block_type":"box","text":"value or to sell at a desired time or at a price considered to be fair","page_number":3,"box":{"x":72,"y":413,"width":353,"height":9}},{"id":"8caff341-5e23-4bee-a61c-8958ae82b29f","block_type":"box","text":"(especially in large quantities), and as a result their prices could be very","page_number":3,"box":{"x":73,"y":424,"width":386,"height":9}},{"id":"aec3e30c-49c8-402d-9444-cdcb4f23e261","block_type":"box","text":"volatile.","page_number":3,"box":{"x":72,"y":436,"width":43,"height":6}},{"id":"b57058d1-01d8-4ed2-a121-ad584bae1d94","block_type":"box","text":"Convertible bonds:","page_number":3,"box":{"x":73,"y":451,"width":108,"height":7}},{"id":"b0753d46-1c54-491d-af6f-756f4cfaf850","block_type":"box","text":"Convertible bonds could earn less income than","page_number":3,"box":{"x":185,"y":452,"width":253,"height":6}},{"id":"88a1b1c0-72bb-484f-859f-fabbb6713537","block_type":"box","text":"comparable debt securities and less growth than comparable equity","page_number":3,"box":{"x":73,"y":463,"width":368,"height":8}},{"id":"260d931b-8fc3-47d1-b248-3f1bb0619b25","block_type":"box","text":"securities, and carry credit, default, equity, interest rate, liquidity and","page_number":3,"box":{"x":73,"y":474,"width":373,"height":8}},{"id":"0e6f6c54-d99d-4de9-a2d3-ddfb03696e1e","block_type":"box","text":"market risks.","page_number":3,"box":{"x":73,"y":485,"width":68,"height":7}},{"id":"9b8c4362-ba2f-4e8c-ad0a-fd688e1d71d9","block_type":"box","text":"Perpetual Bonds:","page_number":3,"box":{"x":73,"y":501,"width":97,"height":8}},{"id":"15254f6d-aae3-48a1-97f2-f762f4ed4604","block_type":"box","text":"Perpetual bonds are fixed income securities with no","page_number":3,"box":{"x":175,"y":501,"width":279,"height":8}},{"id":"7b32c870-95f6-4f99-bbd9-6e1ebfbc0098","block_type":"box","text":"maturity date. Under certain market conditions, this may result in","page_number":3,"box":{"x":73,"y":512,"width":354,"height":9}},{"id":"e86079b7-8a9b-412d-8072-6bc58b3be1f1","block_type":"box","text":"additional liquidity risk. Under exceptional market circumstances, the","page_number":3,"box":{"x":73,"y":523,"width":376,"height":9}},{"id":"98ebaba3-b181-4d2b-a54f-dc3851131760","block_type":"box","text":"liquidity of perpetual bonds may be limited, which may lead to a negative","page_number":3,"box":{"x":73,"y":534,"width":397,"height":9}},{"id":"c7d18667-3d1f-47b0-b61b-2590207f8101","block_type":"box","text":"impact on the sale price, leading to a decrease in performance.","page_number":3,"box":{"x":73,"y":545,"width":338,"height":9}},{"id":"7fd9c344-4bde-4002-8523-de5594937c31","block_type":"box","text":"Sustainability Risk:","page_number":3,"box":{"x":73,"y":561,"width":110,"height":9}},{"id":"0b42c8ac-db07-4c1c-b3ec-7739e6d568b6","block_type":"box","text":"This risk is any environmental social or governance","page_number":3,"box":{"x":187,"y":561,"width":275,"height":9}},{"id":"1886d44f-c050-4ccf-935b-1de1225466a2","block_type":"box","text":"event or condition that could impact the value of investments. The","page_number":3,"box":{"x":73,"y":572,"width":359,"height":9}},{"id":"401d415b-1030-4cd7-93a0-534cfc1c555b","block_type":"box","text":"Investment Manager primarily relies on its in-house ESG analysis and","page_number":3,"box":{"x":73,"y":584,"width":371,"height":8}},{"id":"37ab2036-587b-4584-836e-ac9f8f809ebf","block_type":"box","text":"climate risk indicators to categorise the potential level of Sustainability","page_number":3,"box":{"x":73,"y":595,"width":384,"height":9}},{"id":"4e5dea94-154d-4e32-9b0a-18082ddd2f94","block_type":"box","text":"risks in each sub fund. The level of sustainability risk may fluctuate","page_number":3,"box":{"x":73,"y":606,"width":360,"height":9}},{"id":"b0273baa-f443-4123-922e-c1f672d02ed6","block_type":"box","text":"depending on which investment opportunities the Investment Manager","page_number":3,"box":{"x":73,"y":617,"width":386,"height":9}},{"id":"54baa98c-89f9-4bb0-b84c-6dded34b1e38","block_type":"box","text":"identifies. This means significantly and unpredictably.","page_number":3,"box":{"x":73,"y":628,"width":290,"height":9}},{"id":"3893efc5-64e0-485c-96b4-af8ce62de232","block_type":"box","text":"Operational Risk:","page_number":3,"box":{"x":73,"y":644,"width":98,"height":9}},{"id":"860ab723-2418-4f3b-91e0-796d36d25809","block_type":"box","text":"Human error or process/system failures, internally or at","page_number":3,"box":{"x":176,"y":644,"width":299,"height":9}},{"id":"591198b1-be46-4b04-95b7-ce5e6cf6a2ef","block_type":"box","text":"our service providers, could create losses for the Fund.","page_number":3,"box":{"x":73,"y":655,"width":293,"height":9}},{"id":"e4bd5518-6b8d-4599-a696-804c982d2f51","block_type":"box","text":"Glossary","page_number":3,"box":{"x":73,"y":684,"width":61,"height":10}},{"id":"5b7a2412-f048-4124-8208-925f4461a91e","block_type":"box","text":"Annualised performance","page_number":3,"box":{"x":72,"y":700,"width":141,"height":9}},{"id":"005a1cba-fbe6-4be1-b981-ead174eb70c0","block_type":"box","text":"An annualised total return is the geometric average amount of money","page_number":3,"box":{"x":72,"y":712,"width":376,"height":8}},{"id":"384059b9-9a87-4c9a-9834-1e9445d6d017","block_type":"box","text":"earned by an investment each year over a given time period.","page_number":3,"box":{"x":73,"y":723,"width":325,"height":9}},{"id":"6b19433a-f8dc-4c87-8e51-285697f39742","block_type":"box","text":"Volatility (%)","page_number":3,"box":{"x":72,"y":738,"width":75,"height":9}},{"id":"df4dfc60-7cbd-465a-a2c7-4dd9392bd2f5","block_type":"box","text":"A measure of the fund's dispersion of returns. A higher volatility implies","page_number":3,"box":{"x":72,"y":750,"width":386,"height":9}},{"id":"f582582d-ee44-4132-8246-b2d5f2fbc3b2","block_type":"box","text":"that a fund's return is spread over a larger range of values whilst a lower","page_number":3,"box":{"x":72,"y":761,"width":389,"height":9}},{"id":"0ac0c463-b146-4ccf-bafc-11966e7122f4","block_type":"box","text":"volatility implies that a fund's return is spread over a smaller range of","page_number":3,"box":{"x":72,"y":772,"width":375,"height":9}},{"id":"90d64fcd-e340-41cb-b9ce-9d2fbeb15aa9","block_type":"box","text":"values.","page_number":3,"box":{"x":72,"y":783,"width":37,"height":7}},{"id":"76eb5ca4-b11f-4db0-8f57-4405da0138ec","block_type":"box","text":"Distribution yield","page_number":3,"box":{"x":73,"y":799,"width":99,"height":9}},{"id":"a0daf47a-f7c2-4a9d-a3da-59507eb4592e","block_type":"box","text":"This reflects the amount that is expected to be distributed over the next 12","page_number":3,"box":{"x":73,"y":810,"width":401,"height":9}},{"id":"c4528e31-44e3-4ba2-bec0-d3bbadaaa3be","block_type":"box","text":"months as a percentage of the share price of the fund on the date shown. It","page_number":3,"box":{"x":73,"y":821,"width":404,"height":9}},{"id":"0ac68b23-f134-428c-9064-916cbed5db35","block_type":"box","text":"does not include the deduction of entry charges and is the gross return","page_number":3,"box":{"x":73,"y":833,"width":382,"height":8}},{"id":"0fd999ce-8701-4126-9c0a-28303123e6f0","block_type":"box","text":"before tax on distributions. You may be subject to further tax on your","page_number":3,"box":{"x":73,"y":844,"width":371,"height":9}},{"id":"0574942b-b89c-4cea-83f1-46f4597c29cb","block_type":"box","text":"distributions. The yield is not guaranteed.","page_number":3,"box":{"x":73,"y":855,"width":224,"height":9}},{"id":"918badae-4424-4297-9b17-3c692f7c40ec","block_type":"box","text":"Entry fee","page_number":3,"box":{"x":73,"y":871,"width":51,"height":8}},{"id":"acd57014-a164-40b6-a8ee-66bdf675d246","block_type":"box","text":"A","page_number":3,"box":{"x":72,"y":883,"width":7,"height":6}},{"id":"58fa0a1e-b160-47a5-9298-e94159ac7494","block_type":"box","text":"one-off","page_number":3,"box":{"x":83,"y":882,"width":39,"height":7}},{"id":"1c5a6c57-ffe7-414c-bf04-5276327ec387","block_type":"box","text":"charge may be taken from your money before it is invested. The","page_number":3,"box":{"x":125,"y":882,"width":342,"height":9}},{"id":"7980aaa6-3418-4979-8c50-8f2dcfa7a5db","block_type":"box","text":"charge is usually a percentage of the amount invested and is additional to","page_number":3,"box":{"x":73,"y":893,"width":397,"height":9}},{"id":"f2c24969-a7fd-45fe-8c1e-6e416a48fb09","block_type":"box","text":"the price paid for the units/shares. The entry charge is deducted from the","page_number":3,"box":{"x":72,"y":904,"width":395,"height":9}},{"id":"96f6dc82-e5de-4683-be0e-7287e305a043","block_type":"box","text":"investment before units/shares are bought and is also known as the “initial","page_number":3,"box":{"x":73,"y":915,"width":405,"height":9}},{"id":"cfe76949-adf3-4d9f-b90c-e493ce3a1636","block_type":"box","text":"charge”.","page_number":3,"box":{"x":73,"y":927,"width":42,"height":8}},{"id":"383250ab-c0e1-4887-8cb2-9ef28bc148e3","block_type":"box","text":"Exit charge","page_number":3,"box":{"x":519,"y":41,"width":62,"height":8}},{"id":"2cf54e6f-aa7f-4d42-86c0-5c90b6c0c4cc","block_type":"box","text":"A","page_number":3,"box":{"x":518,"y":52,"width":7,"height":7}},{"id":"0ebf59fa-7899-46fc-9fb8-7c200e2ee2c3","block_type":"box","text":"one-off","page_number":3,"box":{"x":528,"y":52,"width":40,"height":7}},{"id":"8af0bf25-1ada-46be-b294-78ba1d3afcbd","block_type":"box","text":"charge levied on redemption of units/shares before the proceeds","page_number":3,"box":{"x":570,"y":52,"width":350,"height":9}},{"id":"af996980-5f46-4644-a060-94836e1f7b54","block_type":"box","text":"of your investment are paid out. This is also known as a “redemption","page_number":3,"box":{"x":519,"y":63,"width":370,"height":9}},{"id":"888f0420-fb20-4ff9-809e-60f33ea3c1a4","block_type":"box","text":"charge”.","page_number":3,"box":{"x":519,"y":74,"width":42,"height":9}},{"id":"b071afb9-d8d0-4ae0-8209-a2c733916691","block_type":"box","text":"Ongoing charge","page_number":3,"box":{"x":519,"y":90,"width":89,"height":9}},{"id":"af022009-10f6-480c-9e15-fdcf09bff966","block_type":"box","text":"The ongoing charge figure represents the costs you can expect to pay","page_number":3,"box":{"x":518,"y":101,"width":373,"height":9}},{"id":"5a6cf6d9-752e-4730-88b6-ae12132881b5","block_type":"box","text":"annually based on last year's expenses. The ongoing charges figure is made","page_number":3,"box":{"x":519,"y":112,"width":406,"height":9}},{"id":"5fee6834-5b86-40d6-87c4-9b84964216af","block_type":"box","text":"up of various elements such as the fund management fee, professional","page_number":3,"box":{"x":519,"y":124,"width":381,"height":8}},{"id":"36ed2621-1bb2-48cd-8f56-f58db107ecb0","block_type":"box","text":"fees, audit fees and custody fees. Performance fees (if payable) are not","page_number":3,"box":{"x":518,"y":135,"width":380,"height":8}},{"id":"d90f8ad8-2c97-4e9d-96ba-00ca6e8401c4","block_type":"box","text":"included in this figure.","page_number":3,"box":{"x":519,"y":146,"width":119,"height":9}},{"id":"393d1b12-4439-4ff5-8a0c-4a867e50b31f","block_type":"box","text":"Performance fee","page_number":3,"box":{"x":519,"y":162,"width":93,"height":7}},{"id":"79c698cb-bad8-40ff-b63f-6ff0a2bf03cc","block_type":"box","text":"The percentage of any outperformance of the hurdle rate and/or","page_number":3,"box":{"x":518,"y":173,"width":348,"height":9}},{"id":"df6a7ff3-a973-4175-a970-dc86869be3d8","block_type":"box","text":"benchmark that will be taken as a performance fee.","page_number":3,"box":{"x":519,"y":184,"width":276,"height":9}},{"id":"51335bb9-b4d3-44bc-a56f-128a0787e8e1","block_type":"box","text":"Tracking error (%)","page_number":3,"box":{"x":518,"y":200,"width":104,"height":9}},{"id":"ddd65708-dbc6-4116-a2b0-818c33163fb1","block_type":"box","text":"A measure of how closely the fund follows its benchmark. A passive fund","page_number":3,"box":{"x":518,"y":211,"width":391,"height":9}},{"id":"519dbe8b-ac9d-4bd8-b28c-2b644c2ba052","block_type":"box","text":"should have a tracking error close to zero, while an actively managed fund","page_number":3,"box":{"x":518,"y":222,"width":400,"height":9}},{"id":"395bec27-8b43-4219-b04f-6d968d790af9","block_type":"box","text":"would normally have a higher tracking error.","page_number":3,"box":{"x":518,"y":234,"width":240,"height":8}},{"id":"0b502358-4b9e-4733-8a5f-1344f6e28326","block_type":"box","text":"NAV","page_number":3,"box":{"x":519,"y":250,"width":22,"height":6}},{"id":"af2b08e9-c3a3-4fe7-b5f2-d692277c3d84","block_type":"box","text":"NAV is typically an End Of Day valuation using close of market prices to","page_number":3,"box":{"x":519,"y":260,"width":381,"height":9}},{"id":"183105b4-248c-4366-8dee-9e4822880876","block_type":"box","text":"value the individual securities with the portfolio or fund, rolling up to a","page_number":3,"box":{"x":518,"y":272,"width":382,"height":8}},{"id":"f519e673-1465-4add-beed-12dfaac3891b","block_type":"box","text":"total portfolio or fund level.","page_number":3,"box":{"x":518,"y":283,"width":148,"height":8}},{"id":"2275fead-9786-4316-b1f5-6c2a627f733c","block_type":"box","text":"Underlying yield","page_number":3,"box":{"x":519,"y":299,"width":93,"height":8}},{"id":"47db20a1-1a63-4828-9e8f-ae11800615f5","block_type":"box","text":"This reflects the annualised income net of expenses of the fund as a","page_number":3,"box":{"x":518,"y":310,"width":364,"height":8}},{"id":"155aa373-7584-4c74-9e4a-c8f14ba652d3","block_type":"box","text":"percentage of the share price of the fund on the date shown. It does not","page_number":3,"box":{"x":519,"y":321,"width":386,"height":9}},{"id":"33f01601-b2eb-4eac-8606-e497517e280e","block_type":"box","text":"include the deduction of entry charges and is the gross return before tax on","page_number":3,"box":{"x":519,"y":332,"width":405,"height":9}},{"id":"fa4a06f1-df6d-4344-84a5-357774c0b343","block_type":"box","text":"distributions.","page_number":3,"box":{"x":519,"y":343,"width":71,"height":7}},{"id":"b11d39dd-1498-45e3-8ed9-3a33ceccdaed","block_type":"box","text":"Time to Maturity","page_number":3,"box":{"x":518,"y":359,"width":96,"height":9}},{"id":"ba4d0d69-34e4-4064-aaa8-6d0a44a4eda0","block_type":"box","text":"This shows the time remaining to maturity of the bonds held by the fund.","page_number":3,"box":{"x":518,"y":370,"width":395,"height":9}},{"id":"e9722efe-3949-45e8-8e03-039487e87e19","block_type":"box","text":"Generally, the longer the duration of a holding is, the greater the price’s","page_number":3,"box":{"x":519,"y":382,"width":384,"height":8}},{"id":"6078990c-a2d2-44ac-b212-413db94acb03","block_type":"box","text":"sensitivity to any changes in interest rates.","page_number":3,"box":{"x":518,"y":393,"width":229,"height":9}},{"id":"63060eb6-80f1-4923-97f2-cbd9b34b93b4","block_type":"box","text":"Credit Rating","page_number":3,"box":{"x":519,"y":409,"width":75,"height":8}},{"id":"853b33b9-7073-4e23-9765-4d38630ed932","block_type":"box","text":"Independent ratings agencies assign","page_number":3,"box":{"x":519,"y":420,"width":196,"height":9}},{"id":"e74d7202-8d4e-4f79-a39f-b60b61a94160","block_type":"box","text":"different","page_number":3,"box":{"x":719,"y":420,"width":47,"height":7}},{"id":"3731702a-a32b-4480-82ff-9a6d1e83375c","block_type":"box","text":"ratings to bonds depending","page_number":3,"box":{"x":769,"y":420,"width":149,"height":9}},{"id":"611a876a-fa8e-4c7b-9157-a5745d6ad4b7","block_type":"box","text":"on the bond issuers’ financial strength and their outlook as well as their","page_number":3,"box":{"x":519,"y":431,"width":387,"height":9}},{"id":"2b938fab-81fd-4c7b-ae77-ef5c0949335b","block_type":"box","text":"ability to pay interest on time and meet all of their liabilities. We use","page_number":3,"box":{"x":519,"y":442,"width":366,"height":9}},{"id":"dcc43be0-7bc9-4206-89a4-4b93c6eecc1b","block_type":"box","text":"appropriate industry recognised ratings as detailed in source notes.","page_number":3,"box":{"x":519,"y":453,"width":363,"height":9}},{"id":"39e69d9f-6ed5-4951-94e2-4cf34c560913","block_type":"box","text":"Modified duration","page_number":3,"box":{"x":519,"y":469,"width":101,"height":7}},{"id":"c4ef2eee-9e97-49b1-8aee-74e163c71bf1","block_type":"box","text":"A calculation that expresses the measurable change in the value of a","page_number":3,"box":{"x":518,"y":480,"width":368,"height":9}},{"id":"ffbf13f7-d858-4ad3-aa29-12842afff6f6","block_type":"box","text":"security in response to a change in interest rates - (under analysis).","page_number":3,"box":{"x":518,"y":491,"width":360,"height":9}},{"id":"5e83f66c-a8b7-461a-b525-f7f8e840ab3c","block_type":"box","text":"Spread Duration","page_number":3,"box":{"x":518,"y":507,"width":93,"height":9}},{"id":"290fe51c-ed33-481f-9cc8-ebc3f6e63780","block_type":"box","text":"The Spread Duration measures the sensitivity of a security's price to","page_number":3,"box":{"x":518,"y":518,"width":366,"height":9}},{"id":"d6236118-7a6d-4275-b65a-9482fcf105e5","block_type":"box","text":"changes in its Option Adjusted Spread (OAS) relative to the Treasury Curve.","page_number":3,"box":{"x":519,"y":530,"width":403,"height":8}},{"id":"7af25284-c423-4f32-91d1-1ebc741f2705","block_type":"box","text":"Management Fee","page_number":3,"box":{"x":519,"y":546,"width":96,"height":8}},{"id":"35c61081-0f04-46e3-861d-4ce0bf86f9ec","block_type":"box","text":"The management fee is fixed rate charge to cover the costs of managing the","page_number":3,"box":{"x":518,"y":557,"width":408,"height":8}},{"id":"315a4094-07f0-4ee9-958e-6ab31a559447","block_type":"box","text":"investments of the fund. It accrues daily based on a percentage of the","page_number":3,"box":{"x":519,"y":568,"width":374,"height":9}},{"id":"44f7f3ef-041c-441e-91a4-ee4f0ab4bcb2","block_type":"box","text":"fund's net asset value and deducted from the fund's assets.","page_number":3,"box":{"x":518,"y":579,"width":320,"height":7}},{"id":"447c2444-f80a-453d-9ac3-b89ba956e8cf","block_type":"box","text":"Important information","page_number":3,"box":{"x":519,"y":607,"width":162,"height":11}},{"id":"168c95ad-907e-4a76-83c5-ab0e5682478b","block_type":"box","text":"THIS IS A MARKETING COMMUNICATION","page_number":3,"box":{"x":518,"y":625,"width":225,"height":6}},{"id":"622c9214-b945-467c-ab9c-5a80b9dd5254","block_type":"box","text":"The source for all performance, portfolio and fund breakdown data is","page_number":3,"box":{"x":518,"y":635,"width":373,"height":9}},{"id":"24a1deb6-113d-4bee-98f1-89fae9e21a40","block_type":"box","text":"Morningstar unless indicated otherwise.","page_number":3,"box":{"x":519,"y":646,"width":215,"height":9}},{"id":"0e770337-9c34-4eec-885c-4cd94b4c7a01","block_type":"box","text":"All data is as at the date of the Factsheet, unless indicated otherwise.","page_number":3,"box":{"x":518,"y":662,"width":372,"height":8}},{"id":"e637619d-c4ef-4e24-9420-6147505325d4","block_type":"box","text":"For share classes that have not yet completed 5 years, the cumulative","page_number":3,"box":{"x":519,"y":678,"width":374,"height":9}},{"id":"e1333488-cc40-4729-92e4-b1e282876799","block_type":"box","text":"performance chart will start from the first full month.","page_number":3,"box":{"x":519,"y":689,"width":285,"height":9}},{"id":"2843e7c8-fb3c-4edf-83ee-7b2dacf9c0ec","block_type":"box","text":"Unless stated otherwise any opinions expressed are those of Aviva","page_number":3,"box":{"x":519,"y":705,"width":356,"height":9}},{"id":"0bc50eb7-0cb7-4a78-8c5c-8bd9f0451ba2","block_type":"box","text":"Investors. They should not be viewed as indicating any guarantee of return","page_number":3,"box":{"x":519,"y":716,"width":402,"height":9}},{"id":"c90ac17a-7447-43b2-a200-6336ae459a2e","block_type":"box","text":"from an investment managed by Aviva Investors nor as personalised advice","page_number":3,"box":{"x":518,"y":727,"width":406,"height":9}},{"id":"d18840c8-d7d5-44d1-80a2-5d46608365bd","block_type":"box","text":"of any nature. This document should not be taken as a recommendation or","page_number":3,"box":{"x":519,"y":739,"width":405,"height":8}},{"id":"899ca7de-962c-42d1-828c-8cb1a687e581","block_type":"box","text":"offer","page_number":3,"box":{"x":519,"y":750,"width":25,"height":7}},{"id":"0bb9c26d-a0c9-4956-8298-fc040f5d7f2c","block_type":"box","text":"by anyone in any jurisdiction in which such an","page_number":3,"box":{"x":547,"y":750,"width":247,"height":8}},{"id":"ecce8618-8381-4540-9d2d-0cc14970fae2","block_type":"box","text":"offer","page_number":3,"box":{"x":799,"y":750,"width":25,"height":7}},{"id":"534fa0da-d4dd-45d1-9422-551bebc678bd","block_type":"box","text":"is not authorised","page_number":3,"box":{"x":827,"y":750,"width":90,"height":7}},{"id":"9d749ac7-041c-4c63-8385-f92af27df2a5","block_type":"box","text":"or to any person to whom it is unlawful to make such an","page_number":3,"box":{"x":519,"y":761,"width":301,"height":9}},{"id":"c49ce439-5e56-47a8-b647-8feb3021d4a8","block_type":"box","text":"offer","page_number":3,"box":{"x":824,"y":761,"width":25,"height":7}},{"id":"563c317d-271e-486c-bd53-5f4c334657df","block_type":"box","text":"or","page_number":3,"box":{"x":852,"y":763,"width":11,"height":5}},{"id":"d9bd678a-a899-4821-a2f0-de8c6e5c5518","block_type":"box","text":"solicitation. The legal documentation and the subscription documents","page_number":3,"box":{"x":518,"y":772,"width":382,"height":9}},{"id":"16ea49bc-9162-4d54-a1db-9a3520376e71","block_type":"box","text":"should be read before an investment is made. Portfolio holdings are","page_number":3,"box":{"x":518,"y":783,"width":367,"height":9}},{"id":"80626910-219b-4316-aaad-ce145d5533dc","block_type":"box","text":"subject to change at any time without notice and information about","page_number":3,"box":{"x":518,"y":794,"width":367,"height":9}},{"id":"0fa64445-60f1-4420-8036-4a6e90de0dc3","block_type":"box","text":"specific securities should not be construed as a recommendation to buy or","page_number":3,"box":{"x":518,"y":806,"width":404,"height":8}},{"id":"df369d7d-7328-450a-bf8f-ec53fd92ee26","block_type":"box","text":"sell any securities.","page_number":3,"box":{"x":518,"y":817,"width":98,"height":8}},{"id":"2a2e6967-5ba1-46b1-b2fa-92675c6674e3","block_type":"box","text":"The Prospectus and Key Investor Information Document (KIID), are","page_number":3,"box":{"x":518,"y":833,"width":361,"height":8}},{"id":"7125951d-565d-4d3f-a879-f31d91f0e6ea","block_type":"box","text":"available, together with the Report and Accounts of the SICAV, free of","page_number":3,"box":{"x":519,"y":844,"width":372,"height":9}},{"id":"ebfd9a67-04ee-4776-a960-82c94b13be50","block_type":"box","text":"charge from Aviva Investors Luxembourg, 2 rue du Fort Bourbon 1st","page_number":3,"box":{"x":519,"y":855,"width":364,"height":9}},{"id":"42ebaf6e-95b7-4a43-ad9d-7aed16dfd215","block_type":"box","text":"Floor.L-1249 Luxembourg, Grand Duchy of Luxembourg R.C.S. Luxembourg","page_number":3,"box":{"x":519,"y":866,"width":403,"height":9}},{"id":"efc59b52-832d-4f88-bab9-5d53173e7331","block_type":"box","text":"B25708, Aviva Investors, 80 Fenchurch Street, London, EC3M 4AE or","page_number":3,"box":{"x":519,"y":877,"width":362,"height":9}},{"id":"a242a1e0-c853-4919-9015-655a56574cfd","block_type":"box","text":"relevant","page_number":3,"box":{"x":519,"y":889,"width":44,"height":6}},{"id":"d43018d6-c3fa-49a8-a8a2-df19161334a8","block_type":"box","text":"office","page_number":3,"box":{"x":566,"y":888,"width":29,"height":7}},{"id":"b1c25513-b6b0-4e7d-b2dd-fc3778881185","block_type":"box","text":"below. The Prospectus is available in English. Where a sub","page_number":3,"box":{"x":599,"y":889,"width":312,"height":8}},{"id":"fa9b7d1f-e4f7-4a74-b2fe-59011c207c84","block_type":"box","text":"fund of the SICAV is registered for public distribution in a jurisdiction, a KIID","page_number":3,"box":{"x":518,"y":900,"width":407,"height":8}},{"id":"8e842f75-e924-41c3-b37d-5a73d0d0fbbb","block_type":"box","text":"in the","page_number":3,"box":{"x":519,"y":911,"width":30,"height":7}},{"id":"6484b422-e72b-447b-8237-7c4cc4f9ed7c","block_type":"box","text":"official","page_number":3,"box":{"x":552,"y":911,"width":36,"height":7}},{"id":"6ce71f5e-383c-4d24-955a-57323125951b","block_type":"box","text":"language of that jurisdiction will be available. In Switzerland,","page_number":3,"box":{"x":592,"y":911,"width":329,"height":9}},{"id":"e0094d51-f51a-4d64-a07b-9c6d99c6a333","block_type":"box","text":"the Prospectus, the KIIDs, the Articles of Incorporation as well as the","page_number":3,"box":{"x":518,"y":922,"width":369,"height":9}},{"id":"1c52532e-6d02-4a94-ba24-78af9bf4f2a1","block_type":"box","text":"Page 3 of 4 | Aviva Investors - Global Hybrid Bond Fund I USD Acc. As at 31 Jul 2026","page_number":3,"box":{"x":73,"y":954,"width":386,"height":9}},{"id":"e48390ed-4b67-44c1-922e-d628db4b42db","block_type":"box","text":"Annual and Semi-Annual Reports are available free of charge from the","page_number":4,"box":{"x":72,"y":36,"width":377,"height":9}},{"id":"84df971b-6625-4177-907a-d32ba3a8cec4","block_type":"box","text":"representative and paying agent BNP Paribas Securities Services, Paris,","page_number":4,"box":{"x":73,"y":47,"width":383,"height":9}},{"id":"115ccbe5-90ec-4038-a17c-f2df563e2bc1","block_type":"box","text":"succursale de Zurich, Selnaustrasse 16, 8002 Zurich, Switzerland. In Spain,","page_number":4,"box":{"x":73,"y":58,"width":400,"height":9}},{"id":"5e39262f-9e37-4fae-9e2f-5e16a1df112a","block_type":"box","text":"copies of the Prospectus and KIID together with the Report and Accounts","page_number":4,"box":{"x":73,"y":70,"width":392,"height":8}},{"id":"03a21c02-4714-4bd9-b02c-51e0a0a05f7d","block_type":"box","text":"are available free of charge from the","page_number":4,"box":{"x":73,"y":81,"width":194,"height":9}},{"id":"45f794e9-53fc-4c03-b82d-dfc985cb802b","block_type":"box","text":"offices","page_number":4,"box":{"x":271,"y":81,"width":34,"height":7}},{"id":"5e96fdda-15b0-42df-851d-5e199cdf9364","block_type":"box","text":"of distributors in Spain. The","page_number":4,"box":{"x":309,"y":81,"width":149,"height":8}},{"id":"a81a2bcd-6c8f-4a99-81b2-5d3df219a7b9","block_type":"box","text":"UCITS is authorised by the CNMV with registration number 7. You can also","page_number":4,"box":{"x":73,"y":92,"width":396,"height":9}},{"id":"4516de54-4187-43a7-a778-595ff77310d1","block_type":"box","text":"download copies at www.avivainvestors.com.","page_number":4,"box":{"x":73,"y":103,"width":246,"height":9}},{"id":"fd421994-8a58-43db-a3fe-670578ca400a","block_type":"box","text":"Where relevant, information on our approach to the sustainability aspects","page_number":4,"box":{"x":72,"y":119,"width":400,"height":9}},{"id":"4b9b06a4-72c2-4e41-9454-59d9e1cd206f","block_type":"box","text":"of the fund and the Sustainable Finance disclosure regulation (SFDR)","page_number":4,"box":{"x":73,"y":130,"width":370,"height":9}},{"id":"3ef67844-f35c-4287-8f33-855aba83aa47","block_type":"box","text":"including policies and procedures can be found on the following link:","page_number":4,"box":{"x":73,"y":141,"width":372,"height":9}},{"id":"67d31d73-d522-4701-ac2c-51590a0d5732","block_type":"box","text":"https://www.avivainvestors.com/en-gb/capabilities/sustainable-finance\u0002","page_number":4,"box":{"x":73,"y":152,"width":393,"height":9}},{"id":"88b45b92-31a8-4bb6-9d8a-90c4743477a1","block_type":"box","text":"disclosure-regulation/","page_number":4,"box":{"x":73,"y":164,"width":120,"height":8}},{"id":"2bc91d5d-43ea-4dff-90ec-9bf7a27fe040","block_type":"box","text":"In Europe this document is issued by Aviva Investors Luxembourg S.A.","page_number":4,"box":{"x":73,"y":180,"width":375,"height":8}},{"id":"874ec515-be4c-4923-8fc5-235ebf68c676","block_type":"box","text":"Registered","page_number":4,"box":{"x":73,"y":191,"width":56,"height":8}},{"id":"7f40c1d6-b927-44d1-9d58-71c80ea94a18","block_type":"box","text":"Office:","page_number":4,"box":{"x":133,"y":191,"width":33,"height":6}},{"id":"18e1aa99-af42-4289-afe8-6a6695982272","block_type":"box","text":"2 rue du Fort Bourbon, 1st Floor, 1249 Luxembourg.","page_number":4,"box":{"x":170,"y":191,"width":277,"height":8}},{"id":"2c496eb3-3eac-4e95-9692-435ce52e5428","block_type":"box","text":"Supervised by Commission de Surveillance du Secteur Financier. An Aviva","page_number":4,"box":{"x":73,"y":202,"width":397,"height":8}},{"id":"55d4e038-23f4-45d1-a775-90f430788074","block_type":"box","text":"company. In the UK Issued by Aviva Investors Global Services Limited.","page_number":4,"box":{"x":73,"y":213,"width":375,"height":9}},{"id":"d75bdf99-f3e4-461a-9410-404773c5e517","block_type":"box","text":"Registered in England & Wales No. 1151805. Registered","page_number":4,"box":{"x":73,"y":224,"width":294,"height":9}},{"id":"dbd858b6-9d91-4a65-9b71-4f5dd3f7b253","block_type":"box","text":"Office:","page_number":4,"box":{"x":371,"y":224,"width":34,"height":7}},{"id":"dc83286d-8ed5-43a4-93a7-7bccd2dee490","block_type":"box","text":"80","page_number":4,"box":{"x":409,"y":225,"width":12,"height":6}},{"id":"3bd307b4-f218-4343-bc3d-ab7469523655","block_type":"box","text":"Fenchurch Street, London, EC3M 4AE. Authorised and regulated by the","page_number":4,"box":{"x":73,"y":235,"width":379,"height":9}},{"id":"c0eed8d6-c735-4426-a03b-20c7da334adf","block_type":"box","text":"Financial Conduct Authority. Firm Reference No. 119178.","page_number":4,"box":{"x":73,"y":246,"width":304,"height":9}},{"id":"016f4446-8ffe-4d6b-babc-2160789f08c5","block_type":"box","text":"In Switzerland, this document is issued by Aviva Investors Schweiz GmbH.","page_number":4,"box":{"x":73,"y":262,"width":397,"height":9}},{"id":"30f7d645-17ac-40b0-a4ae-35c862aa70c9","block_type":"box","text":"SOURCE ICE DATA INDICES, LLC (“ICE DATA”), IS USED WITH PERMISSION.","page_number":4,"box":{"x":73,"y":278,"width":393,"height":9}},{"id":"68b79945-e142-4d21-9f7e-afb27e6059ea","block_type":"box","text":"ICE® IS A REGISTERED TRADEMARK OF ICE DATA OR ITS AFFILIATES [include","page_number":4,"box":{"x":73,"y":289,"width":404,"height":8}},{"id":"2cdd7314-4abd-40ef-a9ce-1d954df5c914","block_type":"box","text":"if applicable , AND BOFA® IS A REGISTERED TRADEMARK OF BANK OF","page_number":4,"box":{"x":73,"y":301,"width":368,"height":8}},{"id":"aa3aa0dd-b86d-4a07-b421-e2f4d428f344","block_type":"box","text":"AMERICA CORPORATION LICENSED BY BANK OF AMERICA CORPORATION","page_number":4,"box":{"x":72,"y":312,"width":391,"height":7}},{"id":"b94ae9ee-4ba2-4a01-954e-10817c3ef7eb","block_type":"box","text":"AND ITS AFFILIATES (\"BOFA\") AND MAY NOT BE USED WITHOUT BOFA'S","page_number":4,"box":{"x":72,"y":323,"width":382,"height":8}},{"id":"eeea92cd-101e-4e9f-a2d6-3d03915f319c","block_type":"box","text":"PRIOR WRITTEN APPROVAL]. ICE DATA, ITS AFFILIATES AND THEIR","page_number":4,"box":{"x":73,"y":334,"width":353,"height":8}},{"id":"03d4009d-69d1-4d53-aabd-25c1e1de1c0d","block_type":"box","text":"RESPECTIVE THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES","page_number":4,"box":{"x":73,"y":346,"width":406,"height":6}},{"id":"e98c150f-8811-4df1-b515-b74e6a9af718","block_type":"box","text":"AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY","page_number":4,"box":{"x":72,"y":357,"width":373,"height":8}},{"id":"efc88c35-1875-4fcb-988a-59649dd3f9bd","block_type":"box","text":"WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR","page_number":4,"box":{"x":72,"y":368,"width":368,"height":6}},{"id":"d52452c9-bc57-41ac-ba55-2d68196ca233","block_type":"box","text":"PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA","page_number":4,"box":{"x":73,"y":379,"width":387,"height":8}},{"id":"5a26a1bc-b765-4fe0-b011-fad75c283453","block_type":"box","text":"INCLUDED IN, RELATED TO, OR DERIVED THERE FROM. NEITHER ICE DATA,","page_number":4,"box":{"x":73,"y":390,"width":397,"height":8}},{"id":"d696e224-f4f2-4cb5-84b2-4b01701eab7c","block_type":"box","text":"ITS AFFILIATES NOR THEIR RESPECTIVE THIRD PARTY SUPPLIERS SHALL BE","page_number":4,"box":{"x":73,"y":402,"width":404,"height":6}},{"id":"398a9836-e0c0-4830-b325-3e930374b6b0","block_type":"box","text":"SUBJECT TO ANY DAMAGES OR LIABILITY WITH RESPECT TO THE","page_number":4,"box":{"x":73,"y":413,"width":347,"height":6}},{"id":"2e429dea-ba3b-4758-a1e8-e8612ffb4e5a","block_type":"box","text":"ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES","page_number":4,"box":{"x":72,"y":424,"width":392,"height":8}},{"id":"bb9826fc-1318-4c56-bec0-ed36480a01ea","block_type":"box","text":"OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND","page_number":4,"box":{"x":73,"y":435,"width":406,"height":8}},{"id":"65fa005e-9388-4f20-a4d4-1724980bef91","block_type":"box","text":"INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN “AS","page_number":4,"box":{"x":73,"y":446,"width":390,"height":7}},{"id":"b146d0cc-c38b-4414-a123-baccccc0b65a","block_type":"box","text":"IS” BASIS AND YOUR USE IS AT YOUR OWN RISK. ICE DATA, ITS AFFILIATES","page_number":4,"box":{"x":73,"y":457,"width":394,"height":8}},{"id":"70557807-b439-4a3d-bbf5-d7bd79a52bed","block_type":"box","text":"AND THEIR RESPECTIVE THIRD PARTY SUPPLIERS DO NOT SPONSOR,","page_number":4,"box":{"x":72,"y":469,"width":372,"height":7}},{"id":"df6cbe03-66cf-4111-8c41-0233cae8a32b","block_type":"box","text":"ENDORSE, OR RECOMMEND AVIVA INVESTORS, OR ANY OF ITS PRODUCTS","page_number":4,"box":{"x":73,"y":480,"width":394,"height":8}},{"id":"372492c1-be52-4c02-add7-648e2c67284e","block_type":"box","text":"OR SERVICES”.","page_number":4,"box":{"x":73,"y":491,"width":77,"height":6}},{"id":"6d3fb52e-f271-4f2d-8c05-ee6de0a43f7a","block_type":"box","text":"Page 4 of 4 | Aviva Investors - Global Hybrid Bond Fund I USD Acc. As at 31 Jul 2026","page_number":4,"box":{"x":73,"y":954,"width":386,"height":9}}],"unit":"per_mille","page_width":612,"page_height":858,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":4}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.4.0","execution_id":"f4e504df-cb58-4885-8fb4-b0447c3f99d7"},"user_id":1000227,"date_created":"2026-08-23T17:45:15.933000Z","date_modified":"2026-08-23T17:45:15.933000Z","private":false}