{"annotation_id":"8b2c8d92-3bea-4fa2-a80e-827cde7f9f88","file_hash":"aabc258226eb646304843d0528035f893d9590581e361bb376702fc09d1ecfb2","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.4.0","blocks":[{"id":"0b60502c-2356-4158-8ee9-9928868270f9","block_type":"box","text":"Page","page_number":1,"box":{"x":48,"y":969,"width":21,"height":7}},{"id":"af2ea914-6157-4b81-832d-f5aa839f471c","block_type":"box","text":"1","page_number":1,"box":{"x":74,"y":969,"width":4,"height":6}},{"id":"3af1a48b-f79d-48db-9d54-3d8513145f25","block_type":"box","text":"of","page_number":1,"box":{"x":82,"y":969,"width":9,"height":6}},{"id":"7e8e52f6-258f-435b-91ac-c16dc86021cd","block_type":"box","text":"2","page_number":1,"box":{"x":95,"y":969,"width":4,"height":6}},{"id":"e357b172-be45-408f-98d1-fe67b0cedb2f","block_type":"box","text":"KEY INVESTOR INFORMATION","page_number":1,"box":{"x":49,"y":65,"width":330,"height":13}},{"id":"6d53c5c2-8000-4b76-904a-883fd126d5d1","block_type":"box","text":"This document provides you with key investor information about this Fund. It is not marketing material. The information is re","page_number":1,"box":{"x":47,"y":114,"width":679,"height":8}},{"id":"972ce2e8-6355-4c1a-b5a5-b679bc15d5da","block_type":"box","text":"quired by law to help you understand the","page_number":1,"box":{"x":728,"y":114,"width":223,"height":8}},{"id":"c23cea73-0bd4-4699-9714-a80238d627b4","block_type":"box","text":"nature and the risks of investing in this Fund. You are advised to read it so you can make","page_number":1,"box":{"x":48,"y":124,"width":480,"height":8}},{"id":"6f60835a-3159-43e8-b980-04de303eaae9","block_type":"box","text":"an informed decision about whether to invest.","page_number":1,"box":{"x":532,"y":124,"width":252,"height":6}},{"id":"f54f4fa6-c3a3-4eb7-9bcb-d0268ae15646","block_type":"box","text":"Global Unconstrained Credit Fund, Class Iq, Accumulation shares shares, USD,","page_number":1,"box":{"x":48,"y":144,"width":487,"height":9}},{"id":"516f9cb8-24bf-4d99-888a-4a9f353679da","block_type":"box","text":"a sub","page_number":1,"box":{"x":544,"y":145,"width":28,"height":7}},{"id":"d9958608-4291-42f3-9f0d-ccfff296b9ea","block_type":"box","text":"-","page_number":1,"box":{"x":573,"y":149,"width":3,"height":1}},{"id":"31d11dee-3384-43e7-9ddc-cccc8084cd02","block_type":"box","text":"fund of Aviva Investors (ISIN: LU3303694346).","page_number":1,"box":{"x":577,"y":145,"width":250,"height":8}},{"id":"2490ed21-0136-4373-8b4c-b612a96bd8e5","block_type":"box","text":"The Fund is managed","page_number":1,"box":{"x":835,"y":145,"width":116,"height":8}},{"id":"0bf282f8-dc08-44f1-bec9-93438fb6ee81","block_type":"box","text":"by Aviva Investors Luxembourg S.A.","page_number":1,"box":{"x":48,"y":155,"width":192,"height":9}},{"id":"5b8d44d4-fbf7-4f35-b4e7-8a0550c8f891","block_type":"box","text":"OBJECTIVES AND INVESTMENT POLICY","page_number":1,"box":{"x":48,"y":175,"width":266,"height":8}},{"id":"63e5abf1-556f-43b1-8d90-8c00fba37a18","block_type":"box","text":"Objective:","page_number":1,"box":{"x":48,"y":196,"width":55,"height":8}},{"id":"3b6baccb-cf7d-449f-8539-f2016c9f5f85","block_type":"box","text":"The objective of the Fund is to generate capital growth and provide","page_number":1,"box":{"x":107,"y":196,"width":367,"height":8}},{"id":"880c2cab-a33c-4485-9a89-e40db74205c8","block_type":"box","text":"income over the long term (5 years or more).","page_number":1,"box":{"x":48,"y":205,"width":244,"height":8}},{"id":"c2a17f24-bd40-46a1-b07b-d3b78136d03f","block_type":"box","text":"Investment Policy:","page_number":1,"box":{"x":48,"y":216,"width":102,"height":8}},{"id":"834df806-b60d-436e-b75d-257f0a70acc8","block_type":"box","text":"The Sub","page_number":1,"box":{"x":154,"y":216,"width":43,"height":7}},{"id":"0254a015-acb9-4e00-b7bc-f9b4e1c5488c","block_type":"box","text":"-","page_number":1,"box":{"x":198,"y":220,"width":3,"height":1}},{"id":"84a05e31-3baf-4b0b-8831-f3223d23bc24","block_type":"box","text":"Fund will adopt a highly flexible unconstrained","page_number":1,"box":{"x":202,"y":216,"width":252,"height":8}},{"id":"13bbd220-1df9-4133-b87e-65741a7dee05","block_type":"box","text":"investment approach, allowing the Investment Manager to invest across the","page_number":1,"box":{"x":48,"y":225,"width":414,"height":8}},{"id":"336ee629-5983-4612-b305-fc10f5431552","block_type":"box","text":"fixed income universe, actively allocating across sectors, geographies (including","page_number":1,"box":{"x":47,"y":233,"width":432,"height":9}},{"id":"f01055d9-f0e7-4f76-bde9-e1330ddaee71","block_type":"box","text":"emerging markets) and credit qualities base","page_number":1,"box":{"x":48,"y":242,"width":238,"height":8}},{"id":"8d46c37d-1930-4288-9a76-90e036afb9d7","block_type":"box","text":"d on market conditions. There shall","page_number":1,"box":{"x":287,"y":242,"width":191,"height":7}},{"id":"97f8438c-bad6-4953-bcd5-d9fa5bca235f","block_type":"box","text":"be no constraints on the rating of the securities and therefore the Sub","page_number":1,"box":{"x":48,"y":251,"width":381,"height":8}},{"id":"d529afb6-00c2-462a-bf5a-d96f76b1087f","block_type":"box","text":"-","page_number":1,"box":{"x":430,"y":255,"width":3,"height":0}},{"id":"122e8f0c-ab15-4635-90e6-c867109136e6","block_type":"box","text":"Fund may","page_number":1,"box":{"x":435,"y":251,"width":52,"height":8}},{"id":"d592cc42-27bf-4343-b7f2-103e754a699c","block_type":"box","text":"invest in high yield securities. Specifically, at all times, the Sub","page_number":1,"box":{"x":48,"y":260,"width":336,"height":8}},{"id":"73d15161-96f4-492e-9d9b-2b8918a21fbc","block_type":"box","text":"-","page_number":1,"box":{"x":385,"y":263,"width":3,"height":1}},{"id":"1a42379c-4b64-493b-b2a6-e191b6bba88b","block_type":"box","text":"Fund invests at","page_number":1,"box":{"x":390,"y":260,"width":80,"height":6}},{"id":"b252e280-8a5e-4a6b-8be3-b23300c86320","block_type":"box","text":"least 80% of total net assets (exclu","page_number":1,"box":{"x":48,"y":268,"width":186,"height":8}},{"id":"b8297325-1c99-4357-a918-2140f2445bad","block_type":"box","text":"ding ancillary liquid assets, eligible deposits,","page_number":1,"box":{"x":236,"y":268,"width":238,"height":8}},{"id":"18a53c11-14f6-4dbd-9fe3-0a02e8254b4e","block_type":"box","text":"money market instruments and money market funds) in fixed income assets.","page_number":1,"box":{"x":48,"y":277,"width":417,"height":8}},{"id":"5fbb4db3-b889-4100-b151-2973b8686478","block_type":"box","text":"The unconstrained investment approach means that the Sub","page_number":1,"box":{"x":47,"y":286,"width":330,"height":8}},{"id":"d3858b26-9034-4c51-a467-c2b431e86c1d","block_type":"box","text":"-","page_number":1,"box":{"x":378,"y":290,"width":3,"height":0}},{"id":"58249a41-5560-4edc-8617-43f65f2f5665","block_type":"box","text":"Fund may hold","page_number":1,"box":{"x":383,"y":286,"width":79,"height":8}},{"id":"1fdfb509-6ca8-46a8-85b0-42168f1da7e4","block_type":"box","text":"investment","page_number":1,"box":{"x":48,"y":295,"width":60,"height":6}},{"id":"e078832b-1375-467e-a4a4-5297a96a3625","block_type":"box","text":"-","page_number":1,"box":{"x":109,"y":298,"width":3,"height":1}},{"id":"b31f2421-361e-4839-a7c9-33e4c23b5581","block_type":"box","text":"grade as well as non","page_number":1,"box":{"x":113,"y":294,"width":109,"height":9}},{"id":"062aa6fa-8069-4e41-99ce-7623497f7950","block_type":"box","text":"-","page_number":1,"box":{"x":224,"y":298,"width":3,"height":1}},{"id":"9f51e4e9-73d6-45e8-9812-eec5208e4238","block_type":"box","text":"investment grade corporate bond","page_number":1,"box":{"x":228,"y":294,"width":182,"height":9}},{"id":"4347e951-58e0-4d88-b022-4118f4ad2e46","block_type":"box","text":"s,","page_number":1,"box":{"x":412,"y":296,"width":7,"height":6}},{"id":"e12f1579-f741-42f0-a47c-ef6f2d8d0741","block_type":"box","text":"government bonds, quasi","page_number":1,"box":{"x":47,"y":303,"width":138,"height":8}},{"id":"ae652073-45d4-4e65-ab2d-5f14fb2fce9e","block_type":"box","text":"-","page_number":1,"box":{"x":186,"y":307,"width":3,"height":1}},{"id":"55e49eec-f938-454f-bf0c-06bbb5fe5dd2","block_type":"box","text":"government bonds, supranational bonds, emerging","page_number":1,"box":{"x":190,"y":303,"width":279,"height":8}},{"id":"01a4a875-8550-4b4d-83e6-8c81b29e3462","block_type":"box","text":"market debt, hybrid bonds, preferred stocks and securitised debt instruments.","page_number":1,"box":{"x":48,"y":312,"width":425,"height":8}},{"id":"d9ac109f-c9cc-4fe5-800d-20f975054cd4","block_type":"box","text":"The Sub","page_number":1,"box":{"x":47,"y":320,"width":43,"height":7}},{"id":"ddb05f4d-6f8f-4344-8953-24075a0fef55","block_type":"box","text":"-","page_number":1,"box":{"x":91,"y":324,"width":3,"height":1}},{"id":"87bae057-a6f4-49ac-8581-8d84eecd9f88","block_type":"box","text":"Fund may invest up to 20% of total net assets in securitisation,","page_number":1,"box":{"x":96,"y":320,"width":339,"height":9}},{"id":"5735f098-d451-4df7-ba78-9e13286bac39","block_type":"box","text":"including asset","page_number":1,"box":{"x":48,"y":329,"width":79,"height":8}},{"id":"17a8a1c1-f923-4cd9-8320-1c2a65e12956","block_type":"box","text":"-","page_number":1,"box":{"x":128,"y":333,"width":3,"height":1}},{"id":"ba5b139e-ebfc-469e-ab8c-d55e21ae4ad9","block_type":"box","text":"backed securit","page_number":1,"box":{"x":133,"y":329,"width":77,"height":7}},{"id":"079b40c7-2aae-4649-b8af-d5b9079b1104","block_type":"box","text":"ies (ABS), mortgage","page_number":1,"box":{"x":212,"y":329,"width":105,"height":8}},{"id":"304fae45-4c38-4eca-890e-f7ad377d95f0","block_type":"box","text":"-","page_number":1,"box":{"x":318,"y":333,"width":3,"height":1}},{"id":"e4f7fcba-499d-48b3-8911-0f47a231c030","block_type":"box","text":"backed securities (MBS)","page_number":1,"box":{"x":323,"y":329,"width":128,"height":8}},{"id":"d99643e5-a446-4002-a8c8-b5847ccdadb6","block_type":"box","text":"which may be secured on residential, consumer or corporate loans, among","page_number":1,"box":{"x":47,"y":338,"width":408,"height":8}},{"id":"380f74dd-0656-4599-a59f-47702ac62849","block_type":"box","text":"other asset types, and collateralised loan obligations (CLOs). Within this 20%","page_number":1,"box":{"x":48,"y":346,"width":415,"height":9}},{"id":"0c0f4731-8228-44bf-8aa4-87a8167c0358","block_type":"box","text":"limit, investment in CLOs shall not exceed 10% of the Sub","page_number":1,"box":{"x":48,"y":355,"width":310,"height":8}},{"id":"8e4859e8-6154-4723-ac87-9368c2bbde4b","block_type":"box","text":"-","page_number":1,"box":{"x":360,"y":359,"width":3,"height":1}},{"id":"904f8645-4742-4ce4-8aef-2b52c517e734","block_type":"box","text":"Fun","page_number":1,"box":{"x":365,"y":356,"width":18,"height":6}},{"id":"a02d225c-51bf-4a42-9d1f-213fd3202f55","block_type":"box","text":"d’s total net","page_number":1,"box":{"x":384,"y":355,"width":65,"height":7}},{"id":"a3a1bfea-0f2b-4a9a-b4fe-b8992ff9e76f","block_type":"box","text":"assets. A maximum of 2.5% of the Sub","page_number":1,"box":{"x":48,"y":364,"width":206,"height":7}},{"id":"89b192fe-626a-4f69-b29b-83db98786df4","block_type":"box","text":"-","page_number":1,"box":{"x":256,"y":368,"width":3,"height":0}},{"id":"29c4ec24-10ac-4f4b-be8a-db06cc3f3482","block_type":"box","text":"Fund’s net assets can be allocated to","page_number":1,"box":{"x":260,"y":364,"width":199,"height":7}},{"id":"5185920b-7950-4240-a444-5968ec8c3469","block_type":"box","text":"CLOs with a credit rating of BB+ and below by Standard and Poor’s and Fitch, or","page_number":1,"box":{"x":48,"y":373,"width":432,"height":8}},{"id":"2d863840-e084-471a-8038-55c9af365b45","block_type":"box","text":"Ba1 and below by Moody’s. The Sub","page_number":1,"box":{"x":48,"y":381,"width":196,"height":9}},{"id":"80686100-21e9-4a03-8bb3-694393499f81","block_type":"box","text":"-","page_number":1,"box":{"x":245,"y":385,"width":3,"height":1}},{"id":"3a390964-cd3a-4957-8dad-b177526d3c28","block_type":"box","text":"Fund may invest a maximum of 50% of","page_number":1,"box":{"x":250,"y":381,"width":210,"height":9}},{"id":"34355e32-0945-4508-92e9-6bb3cfc9194a","block_type":"box","text":"total net assets","page_number":1,"box":{"x":47,"y":390,"width":83,"height":7}},{"id":"1c45a574-7998-4b5c-96f4-778aa60a2289","block_type":"box","text":"into emerging markets, up to 20% of total net assets (in","page_number":1,"box":{"x":134,"y":390,"width":301,"height":8}},{"id":"258b6eeb-81a1-43ae-b80d-0ee440c5cd04","block_type":"box","text":"aggregate) in Additional tier","page_number":1,"box":{"x":48,"y":399,"width":152,"height":8}},{"id":"89db4238-a8f9-4d04-aee9-8ad1dbe211ef","block_type":"box","text":"-","page_number":1,"box":{"x":200,"y":403,"width":4,"height":0}},{"id":"95da911d-fc18-4ebb-bebd-17b76ded4522","block_type":"box","text":"1 (AT1) and contingent convertible bonds, 20% in","page_number":1,"box":{"x":205,"y":399,"width":267,"height":8}},{"id":"57917e06-2a16-43bd-b1a6-54c74660df4d","block_type":"box","text":"perpetual bonds, up to 10% of total net assets in unrated securities and up to","page_number":1,"box":{"x":48,"y":408,"width":420,"height":8}},{"id":"7f7030bf-417d-4c90-ba91-2df9ee543d32","block_type":"box","text":"10% of total net assets in distressed sec","page_number":1,"box":{"x":48,"y":416,"width":215,"height":7}},{"id":"cea24f75-c005-4de9-893e-1f268b094736","block_type":"box","text":"urities.","page_number":1,"box":{"x":264,"y":417,"width":36,"height":6}},{"id":"200f70f7-1b27-48e2-a01a-fe7123bf6cd7","block_type":"box","text":"For full details of the risks applicable to investing in these bonds, please refer to","page_number":1,"box":{"x":48,"y":427,"width":433,"height":8}},{"id":"e87b9164-1b84-4eb9-93cc-9552194669f0","block_type":"box","text":"section “Risk Descriptions”. The Sub","page_number":1,"box":{"x":48,"y":436,"width":195,"height":8}},{"id":"767e13c9-382e-4c47-95c2-ac0c3ce83716","block_type":"box","text":"-","page_number":1,"box":{"x":244,"y":440,"width":3,"height":0}},{"id":"b123df18-fe2b-46e7-a32b-1005401bfed6","block_type":"box","text":"Fund may also invest in shares or units of","page_number":1,"box":{"x":249,"y":436,"width":223,"height":8}},{"id":"039f4d5b-274d-4ac0-8859-3e01cebf5372","block_type":"box","text":"UCITS or other UCIs. For liquidity management purposes, the Sub","page_number":1,"box":{"x":48,"y":445,"width":354,"height":8}},{"id":"37e755b0-a9be-4424-a066-47b0d0bf449a","block_type":"box","text":"-","page_number":1,"box":{"x":403,"y":448,"width":3,"height":1}},{"id":"001894c2-009b-455e-8978-8b24d77be737","block_type":"box","text":"Fund may also","page_number":1,"box":{"x":408,"y":445,"width":77,"height":8}},{"id":"2e8a15d9-be01-441f-ab83-098f3c7f7198","block_type":"box","text":"hold ancilla","page_number":1,"box":{"x":48,"y":453,"width":60,"height":7}},{"id":"551299ab-f97d-4c70-abfb-c9d7cd078295","block_type":"box","text":"ry liquid assets within the meaning of point 9 listed under “Permitted","page_number":1,"box":{"x":110,"y":453,"width":376,"height":9}},{"id":"5b375d91-391c-4804-93b0-a336103b3f83","block_type":"box","text":"Securities and Transaction” of section “General Investment Restrictions and","page_number":1,"box":{"x":48,"y":462,"width":411,"height":7}},{"id":"894e3742-0eb4-4f9b-a523-333d4ecae0c4","block_type":"box","text":"Eligible Assets for UCITS Fund”. For the same purposes, the Sub","page_number":1,"box":{"x":48,"y":471,"width":344,"height":8}},{"id":"84a7b773-79f5-4fdb-b40b-2c566d514ef1","block_type":"box","text":"-","page_number":1,"box":{"x":393,"y":475,"width":3,"height":0}},{"id":"3d10482e-ffbc-4d54-b74e-aecfd0b97a2d","block_type":"box","text":"Fund may also","page_number":1,"box":{"x":398,"y":471,"width":77,"height":8}},{"id":"20320de2-c182-4c04-a44e-7c93fbb69f64","block_type":"box","text":"invest on an ancillary basis in","page_number":1,"box":{"x":48,"y":480,"width":156,"height":8}},{"id":"e9baa573-f31a-4fbb-a173-5913906ce75c","block_type":"box","text":"eligible deposits within the meaning of point 8 of","page_number":1,"box":{"x":209,"y":480,"width":267,"height":8}},{"id":"cbd1c70c-6e8f-4c34-b21d-b3cbb0777958","block_type":"box","text":"the same section referred to above, money market instruments or money","page_number":1,"box":{"x":47,"y":488,"width":403,"height":8}},{"id":"c4f5911a-7d81-4b49-a292-dd21f8e4ec0a","block_type":"box","text":"market funds. Under unfavourable market circumstances during which the","page_number":1,"box":{"x":48,"y":497,"width":406,"height":8}},{"id":"9ade6ab9-9396-4c17-a97d-1cdc7457a1e9","block_type":"box","text":"investment strategy would become impossible to continue impleme","page_number":1,"box":{"x":48,"y":506,"width":370,"height":8}},{"id":"117c1907-d307-4cce-bcb0-531eef8a9fa1","block_type":"box","text":"nting and","page_number":1,"box":{"x":420,"y":506,"width":49,"height":8}},{"id":"527f12e9-619d-4778-83d8-fcd16cc5bcef","block_type":"box","text":"the Sub","page_number":1,"box":{"x":47,"y":514,"width":41,"height":7}},{"id":"4e942494-04a3-4a79-ad0a-478e8daf4031","block_type":"box","text":"-","page_number":1,"box":{"x":89,"y":518,"width":3,"height":1}},{"id":"39062d4d-cd1f-4813-8e46-256d7aa434b7","block_type":"box","text":"Fund would no longer be able to achieve its investment objective, the","page_number":1,"box":{"x":94,"y":514,"width":378,"height":9}},{"id":"1d7bd1e2-a7ab-4337-b693-aea019dda412","block_type":"box","text":"Sub","page_number":1,"box":{"x":48,"y":523,"width":19,"height":7}},{"id":"ccce3240-5094-4609-8f43-5c4781879ce9","block_type":"box","text":"-","page_number":1,"box":{"x":68,"y":527,"width":3,"height":0}},{"id":"6274130c-93ae-4b43-a76d-94887c2c6168","block_type":"box","text":"Fund may, on a temporary basis, invest up to 100% of its net assets in such","page_number":1,"box":{"x":73,"y":523,"width":405,"height":8}},{"id":"9bca895b-6c1c-42d3-992a-94a61bb013fd","block_type":"box","text":"assets. For the avoidance of doubt, investment in such assets is not part of the","page_number":1,"box":{"x":48,"y":532,"width":426,"height":8}},{"id":"4ad75086-e0c4-46d6-ab01-887a3efa4353","block_type":"box","text":"core in","page_number":1,"box":{"x":48,"y":541,"width":35,"height":6}},{"id":"d78f677d-7e9c-42d0-a92f-b1b0f1718567","block_type":"box","text":"vestment policy of the Sub","page_number":1,"box":{"x":84,"y":540,"width":145,"height":9}},{"id":"2ba4da8b-350f-4f5a-9afb-9b654cbdc551","block_type":"box","text":"-","page_number":1,"box":{"x":230,"y":544,"width":3,"height":1}},{"id":"4b409208-afb7-4f4c-a4e5-004724e8d19c","block_type":"box","text":"Fund.","page_number":1,"box":{"x":235,"y":540,"width":29,"height":7}},{"id":"f61f9704-a392-4cab-8d76-b1edb59259dc","block_type":"box","text":"Sustainability Disclosures:","page_number":1,"box":{"x":47,"y":552,"width":144,"height":8}},{"id":"241bf96d-7331-4406-b4b3-3104023062d7","block_type":"box","text":"This Sub","page_number":1,"box":{"x":195,"y":552,"width":45,"height":6}},{"id":"134fe4da-42bc-4ffb-b13c-a51597b8c993","block_type":"box","text":"-","page_number":1,"box":{"x":241,"y":555,"width":3,"height":1}},{"id":"ea9e1149-6044-4b3e-a540-98c0758be8f8","block_type":"box","text":"Fund promotes environmental and social","page_number":1,"box":{"x":246,"y":552,"width":221,"height":8}},{"id":"f9348bb7-cb35-442a-bcf7-ab6dd861695b","block_type":"box","text":"characteristics however does not have a sustainable investment objective. To be","page_number":1,"box":{"x":48,"y":560,"width":437,"height":8}},{"id":"32bf5830-831f-48f7-aee8-0c83bc69acec","block_type":"box","text":"eligible for investment, sovereign issuers must meet the minimum standard of","page_number":1,"box":{"x":48,"y":569,"width":426,"height":8}},{"id":"ce8d2205-a2b1-4003-9e36-ced5e9dc0462","block_type":"box","text":"the Investment Managers’ ESG Sovereign Assessment.","page_number":1,"box":{"x":47,"y":577,"width":295,"height":9}},{"id":"ede603a3-6158-4da1-b284-396efa443151","block_type":"box","text":"Furthermore, all","page_number":1,"box":{"x":347,"y":578,"width":87,"height":7}},{"id":"e18a2b76-8f4a-499c-945c-d167ff06d651","block_type":"box","text":"investments that are selected as part of the Investment Manager’s ESG analysis","page_number":1,"box":{"x":48,"y":586,"width":432,"height":8}},{"id":"9675274e-d788-4373-a105-85bfc5d03147","block_type":"box","text":"must follow good governance practices and not be excluded by the Investment","page_number":1,"box":{"x":48,"y":595,"width":430,"height":8}},{"id":"5e86a36d-f990-4b15-b67e-2c44dbe057b2","block_type":"box","text":"Manager’s ESG Baseline Exclusions Policy. It may however","page_number":1,"box":{"x":48,"y":604,"width":315,"height":8}},{"id":"998f5f61-4ae1-44da-8d95-7e274a9067c1","block_type":"box","text":"not be possible to","page_number":1,"box":{"x":367,"y":604,"width":96,"height":8}},{"id":"489c5dca-5707-4af2-b181-1b258a77d0e8","block_type":"box","text":"perform ESG analysis on cash, derivatives and other third","page_number":1,"box":{"x":48,"y":612,"width":310,"height":9}},{"id":"1c042ffb-e72f-4c1c-9bc7-0c9375d649b8","block_type":"box","text":"-","page_number":1,"box":{"x":359,"y":616,"width":3,"height":1}},{"id":"8418ac5d-8138-4a47-8b27-88117caa9064","block_type":"box","text":"party collective","page_number":1,"box":{"x":364,"y":612,"width":82,"height":9}},{"id":"4465eda5-b38c-4986-94ea-8a4e8a025ff6","block_type":"box","text":"investment schemes. The Investment Manager actively engages with issuers","page_number":1,"box":{"x":48,"y":621,"width":415,"height":8}},{"id":"90185c78-1bdb-4a50-837b-fb0ff4126405","block_type":"box","text":"with the aim of positively influencing company behaviour and helping to create","page_number":1,"box":{"x":47,"y":630,"width":431,"height":8}},{"id":"3e2858bd-1fd2-4d79-946c-7e23aa117a95","block_type":"box","text":"competiti","page_number":1,"box":{"x":48,"y":639,"width":50,"height":8}},{"id":"4f365e2f-a387-453d-a76f-7636bab8e681","block_type":"box","text":"ve returns. The Investment Manager integrates qualitative and","page_number":1,"box":{"x":100,"y":638,"width":341,"height":9}},{"id":"707385fa-2ad1-48a2-a9d4-7c05b208b2f8","block_type":"box","text":"quantitative data on adverse sustainability impacts into its investment","page_number":1,"box":{"x":48,"y":647,"width":382,"height":8}},{"id":"c81e3a1d-16c3-404e-8ac0-f4faf634ae0c","block_type":"box","text":"processes. Whilst the Sub","page_number":1,"box":{"x":48,"y":656,"width":138,"height":8}},{"id":"bf634bd1-837f-4ca8-8fec-6ab52e8363a1","block_type":"box","text":"-","page_number":1,"box":{"x":187,"y":660,"width":3,"height":0}},{"id":"508ef4e3-8ab0-4b48-afa8-628727feeb47","block_type":"box","text":"Fund may invest in underlying investments that","page_number":1,"box":{"x":192,"y":656,"width":258,"height":8}},{"id":"f35b55a3-054a-42b4-95cf-650bf87046db","block_type":"box","text":"contribute to climate change mitigation and/or cl","page_number":1,"box":{"x":48,"y":664,"width":267,"height":9}},{"id":"8dbda304-fe46-4cf4-8dc5-c419950f73f9","block_type":"box","text":"imate change adaptation, the","page_number":1,"box":{"x":317,"y":665,"width":160,"height":8}},{"id":"b433c939-2063-4587-8228-dd2da2de85d8","block_type":"box","text":"Sub","page_number":1,"box":{"x":48,"y":673,"width":19,"height":7}},{"id":"c95d387e-2990-435a-a6b3-6e15b3bda647","block_type":"box","text":"-","page_number":1,"box":{"x":68,"y":677,"width":3,"height":1}},{"id":"d8705010-5aea-4920-85ca-0d67998f5704","block_type":"box","text":"Fund does not make any minimum commitment to invest in one or more","page_number":1,"box":{"x":73,"y":673,"width":395,"height":8}},{"id":"3d5ab1b1-4f1d-4cef-93cc-63849298da15","block_type":"box","text":"environmentally sustainable investments. The ESG analysis and considerations","page_number":1,"box":{"x":48,"y":682,"width":426,"height":8}},{"id":"eab17b09-5c64-413a-8abe-ae80e9b7c3aa","block_type":"box","text":"described are incorporated into the investment process but may not always","page_number":1,"box":{"x":48,"y":691,"width":412,"height":8}},{"id":"b6726d75-fa96-43a4-9d8d-b0b57b51303e","block_type":"box","text":"have","page_number":1,"box":{"x":48,"y":699,"width":25,"height":7}},{"id":"8c687c06-8229-41de-a1cf-60c158f5d82b","block_type":"box","text":"a material impact on investments in the Sub","page_number":1,"box":{"x":77,"y":699,"width":239,"height":9}},{"id":"5503fcca-89b9-48a9-a378-da7b31ab8dab","block_type":"box","text":"-","page_number":1,"box":{"x":317,"y":703,"width":4,"height":1}},{"id":"4cbb7039-5a53-49e1-88ab-49c7a588eae2","block_type":"box","text":"Fund. For detailed","page_number":1,"box":{"x":322,"y":699,"width":97,"height":7}},{"id":"775627f0-0373-49fe-a738-7e3a0aee1f0c","block_type":"box","text":"information on the impact of the ESG analysis on the Sub","page_number":1,"box":{"x":48,"y":708,"width":310,"height":8}},{"id":"4032cbc8-9d8c-4b94-9dcc-557449f24496","block_type":"box","text":"-","page_number":1,"box":{"x":359,"y":712,"width":3,"height":1}},{"id":"63d1ffe4-1497-4a61-b903-e6e5984d387c","block_type":"box","text":"Fund’s benchmark at a","page_number":1,"box":{"x":364,"y":708,"width":121,"height":7}},{"id":"89a9e8cc-477f-4740-b7a6-91fd05622c9b","block_type":"box","text":"point in time, please see the website www.avivainvestors.com. Further","page_number":1,"box":{"x":513,"y":196,"width":386,"height":8}},{"id":"9db00625-2cfe-46ef-a944-3a9284403753","block_type":"box","text":"information regarding how the Investment Man","page_number":1,"box":{"x":512,"y":205,"width":260,"height":8}},{"id":"52931d29-fdba-4b53-8702-13cf71dc6f1b","block_type":"box","text":"ager integrates ESG into its","page_number":1,"box":{"x":774,"y":205,"width":146,"height":8}},{"id":"f7243933-ad48-457b-a46b-68cab19c6e1b","block_type":"box","text":"investment approach (including information on its ESG Baseline Exclusions","page_number":1,"box":{"x":512,"y":214,"width":404,"height":8}},{"id":"6756521c-f20e-4e90-a9da-bb8a7594768d","block_type":"box","text":"Policy) and how it engages with companies is available in the Responsible","page_number":1,"box":{"x":513,"y":222,"width":398,"height":9}},{"id":"36577639-a629-47e6-a27b-0c56f71483c9","block_type":"box","text":"Investment Philosophy section and on the website www.avivainvestors.com.","page_number":1,"box":{"x":513,"y":231,"width":416,"height":8}},{"id":"f3bd958e-5492-4c34-ba10-9238e069014c","block_type":"box","text":"Please","page_number":1,"box":{"x":513,"y":240,"width":33,"height":6}},{"id":"831c7ed4-fe2a-4e7e-b136-5f1750f6039a","block_type":"box","text":"also refer to the ESG Screening Impact appendix to this Prospectus,","page_number":1,"box":{"x":550,"y":240,"width":365,"height":8}},{"id":"f988a11d-d02b-47f8-81da-77b3938beade","block_type":"box","text":"which provides an overview of specific ESG considerations that may apply to this","page_number":1,"box":{"x":512,"y":248,"width":438,"height":9}},{"id":"f8b5e227-aece-483b-b931-a16396532e7b","block_type":"box","text":"Sub","page_number":1,"box":{"x":512,"y":257,"width":19,"height":7}},{"id":"46c05468-daa2-4350-9e71-34ae0cb38584","block_type":"box","text":"-","page_number":1,"box":{"x":532,"y":261,"width":4,"height":1}},{"id":"d7dc2843-5be0-4958-8439-8f340c664019","block_type":"box","text":"Fund. Further details can also be found in the Annex II","page_number":1,"box":{"x":537,"y":257,"width":293,"height":7}},{"id":"e436f16f-99d1-410e-9dce-a30beb4b6fba","block_type":"box","text":"–","page_number":1,"box":{"x":834,"y":261,"width":7,"height":0}},{"id":"277c033c-6e3f-4966-b31c-9ca5152a622b","block_type":"box","text":"Pre","page_number":1,"box":{"x":845,"y":258,"width":16,"height":6}},{"id":"914f259f-2e89-48d5-ba70-82d1a82acc13","block_type":"box","text":"-","page_number":1,"box":{"x":862,"y":261,"width":4,"height":1}},{"id":"f2de661b-f184-4925-8e3d-398fa25fd9b8","block_type":"box","text":"contractual","page_number":1,"box":{"x":867,"y":257,"width":60,"height":7}},{"id":"1c08ee49-e056-4cc7-a63b-75b6a7af702f","block_type":"box","text":"Disclosure.","page_number":1,"box":{"x":513,"y":266,"width":57,"height":6}},{"id":"8bb3a68f-0f76-49ac-8178-69586b72a2e3","block_type":"box","text":"Derivatives and Techniques:","page_number":1,"box":{"x":513,"y":277,"width":155,"height":8}},{"id":"dd99e148-aa80-4a32-8e89-9a1c03fffd25","block_type":"box","text":"The Sub","page_number":1,"box":{"x":672,"y":277,"width":43,"height":7}},{"id":"db463c0d-6f69-45cc-8f84-b0b76c392ff0","block_type":"box","text":"-","page_number":1,"box":{"x":716,"y":281,"width":3,"height":0}},{"id":"04a0a820-91e6-4c0b-8254-24ddd0570985","block_type":"box","text":"Fund may use derivatives for investment","page_number":1,"box":{"x":721,"y":277,"width":220,"height":8}},{"id":"ba957928-e2bd-4004-b5a5-2cbbd5792a06","block_type":"box","text":"purposes to either optimise exposures or reduce them in conjunction with the","page_number":1,"box":{"x":513,"y":286,"width":425,"height":8}},{"id":"3f7d329a-5e57-4356-a1f4-e66d371a6eac","block_type":"box","text":"Investment Manager’s market viewpoint, thereby giving the Fund the","page_number":1,"box":{"x":513,"y":294,"width":377,"height":9}},{"id":"19fb0ee9-7502-4bfc-a5a6-028a5f948b94","block_type":"box","text":"opportunity to maximise returns while embedding downside protec","page_number":1,"box":{"x":512,"y":303,"width":369,"height":8}},{"id":"e43b1241-070d-4b8d-919c-da65efd038b4","block_type":"box","text":"tion","page_number":1,"box":{"x":882,"y":303,"width":20,"height":7}},{"id":"a3cec4bb-e37e-4480-8c93-583d4fb222e5","block_type":"box","text":"throughout the economic cycle. The Sub","page_number":1,"box":{"x":512,"y":312,"width":219,"height":8}},{"id":"d6e928d1-be48-4478-ba89-436d04a654a8","block_type":"box","text":"-","page_number":1,"box":{"x":732,"y":316,"width":3,"height":0}},{"id":"bb519c89-a7f9-411c-9c55-ab05e6efe5c5","block_type":"box","text":"Fund’s derivatives may include futures,","page_number":1,"box":{"x":737,"y":312,"width":211,"height":8}},{"id":"a0bda874-3301-4197-ad29-45a56a9b010c","block_type":"box","text":"options, swap contracts, swaptions, interest rate swaps, cross currency swaps,","page_number":1,"box":{"x":512,"y":321,"width":426,"height":8}},{"id":"40299541-f50c-432b-af35-6efa2f259369","block_type":"box","text":"currency forwards, foreign exchange options, forward rate agreemen","page_number":1,"box":{"x":512,"y":329,"width":376,"height":8}},{"id":"637d1c55-59d8-4584-b95e-9db11f1a99ec","block_type":"box","text":"ts, credit","page_number":1,"box":{"x":889,"y":329,"width":48,"height":8}},{"id":"1a4b98d4-27b6-4cc4-8bde-a0506f5087f0","block_type":"box","text":"default swaps, credit default index swaps and total return swaps. The Sub","page_number":1,"box":{"x":512,"y":338,"width":401,"height":8}},{"id":"cc2ea441-71f3-47c0-a0d6-8b8d119ec528","block_type":"box","text":"-","page_number":1,"box":{"x":914,"y":342,"width":3,"height":0}},{"id":"ea77d89b-c8b6-4722-99ef-bd45481bc266","block_type":"box","text":"Fund","page_number":1,"box":{"x":919,"y":338,"width":25,"height":6}},{"id":"9961397b-9257-40a6-afd1-c6819bc2a121","block_type":"box","text":"may also use derivatives for hedging and for efficient portfolio management.","page_number":1,"box":{"x":513,"y":347,"width":416,"height":8}},{"id":"02e61a92-f6e1-4d50-90e8-6749f7402441","block_type":"box","text":"Securities lending:","page_number":1,"box":{"x":512,"y":358,"width":98,"height":8}},{"id":"4038b6e3-a785-47a1-803b-1e3bb3836635","block_type":"box","text":"Expected level: 10% of total net assets; maximum: 20%.","page_number":1,"box":{"x":614,"y":358,"width":302,"height":8}},{"id":"118d52d7-ecaa-40d9-b35c-cb35549f675d","block_type":"box","text":"Securities made available for lending: all securities held by the Sub","page_number":1,"box":{"x":512,"y":366,"width":361,"height":9}},{"id":"0b85e08c-754b-4a49-8432-fead818e7e39","block_type":"box","text":"-","page_number":1,"box":{"x":875,"y":370,"width":3,"height":1}},{"id":"42e87cea-6fb1-47be-8b3d-1906791a2d80","block_type":"box","text":"Fund from","page_number":1,"box":{"x":879,"y":366,"width":55,"height":7}},{"id":"520c95c7-acfb-4e5a-8ed1-0fef903914d2","block_type":"box","text":"time to time.","page_number":1,"box":{"x":512,"y":375,"width":70,"height":7}},{"id":"c90fceb8-46ab-4f08-87ee-7e4dbd3bdf70","block_type":"box","text":"Total Return swaps:","page_number":1,"box":{"x":513,"y":386,"width":106,"height":8}},{"id":"78e0e7b2-5e01-42a0-a757-05280970553e","block_type":"box","text":"Expected level: 0% of total net assets; maximum: 30%.","page_number":1,"box":{"x":624,"y":386,"width":295,"height":8}},{"id":"3e11db42-2feb-4a35-914b-15c727d497f9","block_type":"box","text":"Underlying securities in scope: individual credit securities and credit indices.","page_number":1,"box":{"x":513,"y":395,"width":413,"height":8}},{"id":"5fbb12df-1238-4074-88a2-4d8fb0948fcf","block_type":"box","text":"Reference Currency: USD","page_number":1,"box":{"x":513,"y":406,"width":135,"height":8}},{"id":"b4817219-9ca6-44bf-b022-8542f06f87b5","block_type":"box","text":"Strategy:","page_number":1,"box":{"x":512,"y":417,"width":49,"height":8}},{"id":"fb931fa2-3a65-4c51-9fcb-e2fb9e602067","block_type":"box","text":"The Sub","page_number":1,"box":{"x":565,"y":417,"width":43,"height":7}},{"id":"9f3268d8-0ff8-4b0d-8f85-67d479925c28","block_type":"box","text":"-","page_number":1,"box":{"x":609,"y":421,"width":3,"height":0}},{"id":"179156cb-fb0c-4cc2-9e30-ac70e5181ed1","block_type":"box","text":"Fund is actively managed with an unconstrained and flexible","page_number":1,"box":{"x":617,"y":417,"width":327,"height":8}},{"id":"e9d8e894-74f2-46df-8284-bc8a6246d0f7","block_type":"box","text":"investment style, allowing the Investment Manager the freedom to invest in the","page_number":1,"box":{"x":512,"y":426,"width":436,"height":8}},{"id":"7dc7e77b-2d5b-4578-b6b7-7e4947c7a85c","block_type":"box","text":"broadest range of fixed income markets. The Investment Manager will seek to","page_number":1,"box":{"x":513,"y":434,"width":424,"height":9}},{"id":"fe0443a6-addb-4a35-97e2-63c4c85073f6","block_type":"box","text":"blend the key asset classes inc","page_number":1,"box":{"x":513,"y":443,"width":163,"height":8}},{"id":"18d72936-116b-4b6d-ad91-ab8dfde86743","block_type":"box","text":"luding corporate, government, quasi","page_number":1,"box":{"x":677,"y":443,"width":198,"height":8}},{"id":"a1d808e1-c699-4928-94f0-d1046d004057","block_type":"box","text":"-","page_number":1,"box":{"x":876,"y":447,"width":3,"height":0}},{"id":"3f97719a-05fb-4282-a9ad-ca66aac0d8e3","block_type":"box","text":"government","page_number":1,"box":{"x":880,"y":444,"width":67,"height":7}},{"id":"4f7fbb18-e17e-4b92-81e8-baeab0dca9ef","block_type":"box","text":"and supranational bonds of all credit qualities along with ABS, MBS and CLOs to","page_number":1,"box":{"x":512,"y":452,"width":432,"height":8}},{"id":"1f69586e-76b2-4dc9-8e36-068e102f34e0","block_type":"box","text":"effectively manage the overall risk and reward profile of the Fund. The Fund's","page_number":1,"box":{"x":512,"y":461,"width":422,"height":8}},{"id":"f68ee8cf-9243-4a22-a682-e09d422bc38a","block_type":"box","text":"allocation to these asset classes will va","page_number":1,"box":{"x":512,"y":469,"width":209,"height":7}},{"id":"a9fcb380-6eea-4311-afec-fe8537adff91","block_type":"box","text":"ry over time, reflecting the Investment","page_number":1,"box":{"x":723,"y":469,"width":210,"height":8}},{"id":"653a5de2-6ccb-474f-95d4-0e99034633f3","block_type":"box","text":"Manager's view of both the changing longer","page_number":1,"box":{"x":513,"y":478,"width":238,"height":8}},{"id":"5799c82f-3e8a-4da4-8b25-0401719acb1d","block_type":"box","text":"-","page_number":1,"box":{"x":752,"y":482,"width":3,"height":0}},{"id":"fd4c1da5-2c0a-47f8-a947-4fc6bfdd3ef6","block_type":"box","text":"term market outlook and shorter","page_number":1,"box":{"x":756,"y":478,"width":180,"height":7}},{"id":"daff8a8c-e1b9-4851-b174-35a56a670a5e","block_type":"box","text":"\u0002","page_number":1,"box":{"x":937,"y":482,"width":3,"height":0}},{"id":"80ce0066-960a-49d4-acb5-d3266e7a07be","block_type":"box","text":"term opportunities. The Investment Manager will focus on identifying what they","page_number":1,"box":{"x":512,"y":487,"width":437,"height":8}},{"id":"bf372221-5448-4916-88b1-193c38d0e05b","block_type":"box","text":"judge to be attractive opportunities through assessment of the","page_number":1,"box":{"x":511,"y":495,"width":343,"height":9}},{"id":"a71bc573-f894-413d-8c0e-3c67d8ab6670","block_type":"box","text":"business","page_number":1,"box":{"x":859,"y":495,"width":45,"height":7}},{"id":"bc6daec9-c056-4242-9e72-7816a016c7dc","block_type":"box","text":"strengths and risks associated with the underlying companies, the valuation of","page_number":1,"box":{"x":512,"y":504,"width":427,"height":8}},{"id":"2478b8a9-d83b-405d-be6f-addfb7273dd3","block_type":"box","text":"the bonds relative to the market, the views of independent risk rating agencies,","page_number":1,"box":{"x":512,"y":513,"width":432,"height":8}},{"id":"fa77fa91-3443-40b0-9dfd-352900967d5c","block_type":"box","text":"and any other relevant factors, whilst also taking advantage of short","page_number":1,"box":{"x":512,"y":521,"width":370,"height":9}},{"id":"05f6e6a1-ced0-44ca-8f41-87bfac55ca1d","block_type":"box","text":"-","page_number":1,"box":{"x":883,"y":525,"width":4,"height":1}},{"id":"ee2b4c2f-095c-4d61-9d67-859f1dd28218","block_type":"box","text":"term","page_number":1,"box":{"x":887,"y":522,"width":26,"height":6}},{"id":"2b6dfdfc-9677-4bff-a25d-4576ca2bcfc6","block_type":"box","text":"opportuniti","page_number":1,"box":{"x":512,"y":530,"width":61,"height":8}},{"id":"4224e036-caef-440c-908d-0aaea226d93f","block_type":"box","text":"es when they arise.","page_number":1,"box":{"x":574,"y":530,"width":104,"height":8}},{"id":"1b84e462-27ec-4c1d-b722-96e1d7371e18","block_type":"box","text":"Benchmark (performance comparison):","page_number":1,"box":{"x":513,"y":541,"width":217,"height":8}},{"id":"16c343b5-cb71-450f-80ca-2f1b727cb1c3","block_type":"box","text":"50% Bloomberg Global Aggregate","page_number":1,"box":{"x":734,"y":541,"width":182,"height":8}},{"id":"79db254f-5367-4343-9a8e-8a7b822c615e","block_type":"box","text":"Corporate Total Return Index hedged USD & 50% Bloomberg Global High Yield","page_number":1,"box":{"x":512,"y":550,"width":425,"height":8}},{"id":"89d498e3-53a7-49e0-bb49-255cb508de5e","block_type":"box","text":"Total Return Index hedged USD (the “Benchmark” or the “Index”).","page_number":1,"box":{"x":512,"y":558,"width":359,"height":9}},{"id":"8f0d1342-8f09-44d0-81c9-416e38be4046","block_type":"box","text":"Benchmark usage: The Fund is actively managed and is not constrained by its","page_number":1,"box":{"x":513,"y":570,"width":418,"height":8}},{"id":"d68414ba-eb6e-4197-ab8d-e7ff4d1c78cc","block_type":"box","text":"benchmark, which is used for comparison purposes. The reference benchmark is","page_number":1,"box":{"x":513,"y":578,"width":437,"height":9}},{"id":"2cd4ac8f-b521-4361-a5fa-071684c067fd","block_type":"box","text":"not aligned with all of the environmental or social characteristics promoted by","page_number":1,"box":{"x":513,"y":587,"width":426,"height":8}},{"id":"df363f1a-3b88-4c85-ade8-533b7de9e3ea","block_type":"box","text":"the Sub","page_number":1,"box":{"x":512,"y":596,"width":41,"height":6}},{"id":"83cd9709-1771-4bf0-b450-6ed2ae050fda","block_type":"box","text":"-","page_number":1,"box":{"x":554,"y":600,"width":3,"height":0}},{"id":"5cbb144c-4afa-4290-a76e-0bfdf46bb5ac","block_type":"box","text":"Fund. The Sub","page_number":1,"box":{"x":559,"y":596,"width":75,"height":6}},{"id":"1a06fa9a-82e7-4020-a70c-503a0fbf800e","block_type":"box","text":"-","page_number":1,"box":{"x":635,"y":600,"width":3,"height":0}},{"id":"f991d800-d415-486a-b03a-217638ed29be","block_type":"box","text":"F","page_number":1,"box":{"x":640,"y":596,"width":5,"height":6}},{"id":"48d7342e-59a0-41d1-a0ab-4f5f452ef6e4","block_type":"box","text":"und does not base its investment process upon the","page_number":1,"box":{"x":646,"y":596,"width":277,"height":8}},{"id":"70f90ecf-536d-421d-96a4-09520712993b","block_type":"box","text":"Index, which is only a representation of the investment universe.","page_number":1,"box":{"x":513,"y":604,"width":351,"height":9}},{"id":"b9510269-5626-4582-bfe7-ed6b6ac6f89b","block_type":"box","text":"Sub","page_number":1,"box":{"x":512,"y":616,"width":19,"height":6}},{"id":"c44dc8e8-d2ad-4ef6-a4bd-e53e7a33a015","block_type":"box","text":"-","page_number":1,"box":{"x":532,"y":619,"width":4,"height":1}},{"id":"fc20136c-ed8e-4088-aa4e-739b8587923f","block_type":"box","text":"Fund Dealing Day Orders to buy, switch and redeem shares are processed","page_number":1,"box":{"x":540,"y":616,"width":400,"height":8}},{"id":"95a60e2b-c3d8-4dba-b75e-4f77e773a776","block_type":"box","text":"each Business Day\"","page_number":1,"box":{"x":512,"y":624,"width":104,"height":8}},{"id":"27d674c9-56aa-4a2c-88e3-a59b48a92689","block_type":"box","text":"Other information:","page_number":1,"box":{"x":512,"y":635,"width":105,"height":7}},{"id":"b78475c1-1373-4f7c-a192-63ec453e55eb","block_type":"box","text":"You can buy and sell shares on demand on any full bank","page_number":1,"box":{"x":621,"y":635,"width":304,"height":9}},{"id":"687f48fe-deca-44c9-9d56-3e8df20daa90","block_type":"box","text":"business day in Luxembourg.","page_number":1,"box":{"x":513,"y":644,"width":155,"height":8}},{"id":"06e23c62-5041-4f78-87ea-51d0cfa363b6","block_type":"box","text":"Recommendation:","page_number":1,"box":{"x":513,"y":655,"width":101,"height":7}},{"id":"3f73650a-96db-43c2-a237-40af38ff3f32","block_type":"box","text":"this Fund may not be appropriate for investors who plan to","page_number":1,"box":{"x":618,"y":655,"width":321,"height":8}},{"id":"751dbf23-0545-4ae3-add4-87b4aafb4074","block_type":"box","text":"withdraw their money within 5 years.","page_number":1,"box":{"x":512,"y":664,"width":203,"height":8}},{"id":"29ba959b-c268-4082-87fe-08c9aa4d82ca","block_type":"box","text":"This is an accumulation share class and any income from the Fund will remain in","page_number":1,"box":{"x":512,"y":675,"width":435,"height":8}},{"id":"73c21f65-89d7-41dd-897f-3309409bc3d6","block_type":"box","text":"the Fund and is reflected in the share price.","page_number":1,"box":{"x":512,"y":684,"width":235,"height":8}},{"id":"d9a87bd9-3814-408d-b978-3a4e4ad4d885","block_type":"box","text":"For full investment objectives and policy details please refer to the Prospectus.","page_number":1,"box":{"x":513,"y":695,"width":427,"height":8}},{"id":"f41751b2-695f-4cc8-8d57-15d7a84e393f","block_type":"box","text":"RISK AND REWARD PROFILE","page_number":1,"box":{"x":48,"y":729,"width":193,"height":7}},{"id":"961ef7b5-141f-418f-9946-8156c96d5062","block_type":"box","text":"1","page_number":1,"box":{"x":75,"y":754,"width":7,"height":9}},{"id":"408a1534-7c47-4e58-9841-1906ed2e6791","block_type":"box","text":"2","page_number":1,"box":{"x":136,"y":754,"width":8,"height":9}},{"id":"0ad8e344-3236-4bd1-8ae1-a68680c4708f","block_type":"box","text":"3","page_number":1,"box":{"x":196,"y":751,"width":11,"height":15}},{"id":"847654ed-49d9-4506-a326-5a6e6b57c1c3","block_type":"box","text":"4","page_number":1,"box":{"x":259,"y":754,"width":10,"height":9}},{"id":"ce057393-2bf1-407e-9ad3-21020ae2f73e","block_type":"box","text":"5","page_number":1,"box":{"x":322,"y":754,"width":8,"height":9}},{"id":"f66f935a-d9a8-4bf6-a191-b3f4ce800860","block_type":"box","text":"6","page_number":1,"box":{"x":383,"y":754,"width":9,"height":9}},{"id":"042490c9-fef2-418d-9691-83c84d4350da","block_type":"box","text":"7","page_number":1,"box":{"x":445,"y":754,"width":9,"height":9}},{"id":"4afc7d9b-38be-403d-a2af-b206fce2a3b3","block_type":"box","text":"Lower risk","page_number":1,"box":{"x":48,"y":785,"width":57,"height":7}},{"id":"71b97c0d-eaed-4e76-9a8b-9cf235be60ef","block_type":"box","text":"Higher risk","page_number":1,"box":{"x":423,"y":785,"width":59,"height":8}},{"id":"a7f33361-58e6-495b-a89b-4022b8c3409e","block_type":"box","text":"Typically lower rewards","page_number":1,"box":{"x":47,"y":802,"width":128,"height":8}},{"id":"6591149d-a1b2-401e-ae96-4e1f32d3ef59","block_type":"box","text":"Typically higher rewards","page_number":1,"box":{"x":349,"y":802,"width":132,"height":8}},{"id":"ce9856e5-2cc0-4492-9896-79b6b027f0e8","block_type":"box","text":"This indicator is based on historical data, calculated using European Union rules,","page_number":1,"box":{"x":47,"y":818,"width":436,"height":8}},{"id":"ac243a2c-8ed8-4120-a862-7b1df22abd81","block_type":"box","text":"and may not be a reliable indication of the future risk profile of the Fund.","page_number":1,"box":{"x":48,"y":827,"width":397,"height":8}},{"id":"aa323d0e-f6ef-48bd-8b54-0762f0738d3d","block_type":"box","text":"The risk and reward category shown is not guaranteed to remain unchanged","page_number":1,"box":{"x":47,"y":838,"width":416,"height":8}},{"id":"84fc47cd-6d72-449c-a1bc-a4e920a5516c","block_type":"box","text":"and may change over time. The lowest category does not mean that the","page_number":1,"box":{"x":48,"y":847,"width":391,"height":8}},{"id":"36da9f93-a286-42cf-ab01-d7505c0e83fd","block_type":"box","text":"investment is 'risk free'.","page_number":1,"box":{"x":48,"y":855,"width":128,"height":7}},{"id":"bd3c72a4-f33e-4bd7-9fae-c78c77763946","block_type":"box","text":"The value of investments and the income from them will change over time.","page_number":1,"box":{"x":47,"y":866,"width":409,"height":9}},{"id":"0fd129d9-0a2d-4ef4-98cb-ce3d685162bb","block_type":"box","text":"The Fund price may fall as well as rise and as a result you may not get back the","page_number":1,"box":{"x":47,"y":877,"width":427,"height":9}},{"id":"4697e57b-a0b4-49fb-ac37-ff81fe825768","block_type":"box","text":"original amount you invested.","page_number":1,"box":{"x":48,"y":886,"width":161,"height":8}},{"id":"13703af9-cd62-4d20-b4fd-175a90b4d154","block_type":"box","text":"The Fund has been allocated a risk number based on the historic volatility of its","page_number":1,"box":{"x":47,"y":897,"width":431,"height":8}},{"id":"c597b69e-3773-45b2-be55-65167679a765","block_type":"box","text":"share price or where insufficient information is available appropriate asset","page_number":1,"box":{"x":48,"y":906,"width":405,"height":8}},{"id":"a143e3ca-b54c-4d8a-9925-50703aff3f50","block_type":"box","text":"classes.","page_number":1,"box":{"x":48,"y":915,"width":39,"height":6}},{"id":"a4bcae8e-e110-45c1-a1a4-ce2eeb98d09b","block_type":"box","text":"Currency risk:","page_number":1,"box":{"x":48,"y":926,"width":75,"height":8}},{"id":"55f6876e-b1b2-4616-8c6c-ce4dc474cc59","block_type":"box","text":"Changes in currency exchange rates could reduce investment","page_number":1,"box":{"x":127,"y":926,"width":333,"height":8}},{"id":"0c41d80c-75c4-413b-83ab-08e2681248f0","block_type":"box","text":"gains or increase investment losses. Exchange rates can change rapidly,","page_number":1,"box":{"x":47,"y":934,"width":388,"height":9}},{"id":"6e218c76-fb46-4768-8bc1-2a2580e22b68","block_type":"box","text":"significantly and unpredictably.","page_number":1,"box":{"x":48,"y":943,"width":168,"height":8}},{"id":"10559514-2062-4077-bfff-f7672746f7ec","block_type":"box","text":"Emerging markets risk:","page_number":1,"box":{"x":513,"y":750,"width":125,"height":8}},{"id":"8aacd6b8-6e88-4968-9abc-ba888f339415","block_type":"box","text":"Compared to developed markets, emerging markets","page_number":1,"box":{"x":646,"y":750,"width":283,"height":8}},{"id":"8908b92a-a822-43ba-98f3-0c6a32f4dc26","block_type":"box","text":"can have greater political instability and limited investor rights and freedoms,","page_number":1,"box":{"x":512,"y":759,"width":421,"height":8}},{"id":"7d7f327c-7fd2-492a-b6b6-2c7ff8ee6ea0","block_type":"box","text":"and their securities can carry higher equity, market, liquidity, credit and","page_number":1,"box":{"x":512,"y":768,"width":389,"height":8}},{"id":"4a8eb0fc-5144-48c5-b195-dc7e57cd4461","block_type":"box","text":"currency risk.","page_number":1,"box":{"x":512,"y":776,"width":72,"height":9}},{"id":"73fb6ca6-7b1c-40bb-ae9c-65dc15b669c2","block_type":"box","text":"Credit risk:","page_number":1,"box":{"x":512,"y":787,"width":59,"height":7}},{"id":"0e439e32-1b04-4d37-943e-18e0e1f303cd","block_type":"box","text":"A bond or money market security could lose value if the issuer's","page_number":1,"box":{"x":579,"y":787,"width":347,"height":8}},{"id":"15285b06-f846-4bac-aba1-3b04fc1cce9a","block_type":"box","text":"financial health weakens.","page_number":1,"box":{"x":512,"y":796,"width":137,"height":7}},{"id":"08322f06-6e4f-46a1-a344-18de9c37a27d","block_type":"box","text":"Asset Backed Securities and Mortgage","page_number":1,"box":{"x":512,"y":807,"width":211,"height":8}},{"id":"5e57d110-a550-4738-ada2-dfd5fcc95ce2","block_type":"box","text":"-","page_number":1,"box":{"x":725,"y":811,"width":3,"height":1}},{"id":"3b9e0cfb-155f-4c85-ab3b-978687b8c144","block_type":"box","text":"Backed Securities risk:","page_number":1,"box":{"x":729,"y":807,"width":122,"height":7}},{"id":"5af91159-ed87-4986-b175-a2d1d07ab04d","block_type":"box","text":"The Fund may","page_number":1,"box":{"x":855,"y":807,"width":77,"height":8}},{"id":"33786df9-696d-4173-a384-c676e8d312ca","block_type":"box","text":"invest in asset","page_number":1,"box":{"x":512,"y":816,"width":76,"height":6}},{"id":"f6d5dfa0-c33c-4838-bb43-2c2799171eee","block_type":"box","text":"‑","page_number":1,"box":{"x":589,"y":819,"width":3,"height":1}},{"id":"f5ff3465-622c-4652-b22b-f10a4b9b5a6c","block_type":"box","text":"backed securities, whose value depends on the performance of","page_number":1,"box":{"x":594,"y":816,"width":344,"height":8}},{"id":"9a2af371-9c05-4de8-ab51-f084df479435","block_type":"box","text":"the underlying loans or receivables. Changes in interest rates, early or late","page_number":1,"box":{"x":512,"y":825,"width":403,"height":8}},{"id":"b8f2eb97-5a29-4bac-b969-d78de42b7088","block_type":"box","text":"repayments, or complex payment structures can reduce or delay returns. In","page_number":1,"box":{"x":513,"y":833,"width":410,"height":8}},{"id":"14c1b946-eb9d-4f95-8283-fc8dafeaaff4","block_type":"box","text":"stressed mark","page_number":1,"box":{"x":512,"y":842,"width":76,"height":6}},{"id":"64e2a271-36c8-4ad5-910e-fe160e9dab5a","block_type":"box","text":"et conditions, asset","page_number":1,"box":{"x":588,"y":842,"width":105,"height":8}},{"id":"84dd8526-d205-4ae0-b5ba-3c257e7b5e43","block_type":"box","text":"‑","page_number":1,"box":{"x":694,"y":846,"width":3,"height":0}},{"id":"0ced28d7-8953-48f0-bf0a-d19678a284e9","block_type":"box","text":"backed securities can become less liquid and","page_number":1,"box":{"x":699,"y":842,"width":242,"height":8}},{"id":"8ff9999c-f6cc-4c9b-8b9b-36d03b471e54","block_type":"box","text":"more difficult to value or sell.","page_number":1,"box":{"x":513,"y":851,"width":158,"height":6}},{"id":"5539e68b-d50d-4e45-8f0d-e54254f280de","block_type":"box","text":"Derivatives risk:","page_number":1,"box":{"x":513,"y":862,"width":87,"height":6}},{"id":"d900cf70-a1b9-4875-ba6f-010d2631842b","block_type":"box","text":"Derivatives are instruments that can be complex and highly","page_number":1,"box":{"x":605,"y":862,"width":322,"height":8}},{"id":"ea457904-12ef-44d9-97c1-2279dd927ea2","block_type":"box","text":"volatile, have some degree of unpredictability (especially in unusual market","page_number":1,"box":{"x":512,"y":870,"width":411,"height":9}},{"id":"c32f0b28-be7f-4f88-9a2b-7720da14aaa6","block_type":"box","text":"conditions), and can create losses significantly greater than the cost of the","page_number":1,"box":{"x":512,"y":879,"width":404,"height":8}},{"id":"00be54a7-3d69-45a8-bfe1-92c115c9d00f","block_type":"box","text":"derivative itself.","page_number":1,"box":{"x":512,"y":888,"width":86,"height":6}},{"id":"343fccb1-0c40-4b12-b384-4051d806a860","block_type":"box","text":"Liquidity risk:","page_number":1,"box":{"x":513,"y":899,"width":73,"height":8}},{"id":"4352933e-d269-4266-9b8c-5de771dc8167","block_type":"box","text":"Certain assets held in the Fund could, by nature, be hard to value","page_number":1,"box":{"x":590,"y":899,"width":354,"height":8}},{"id":"ea379870-95df-4cb2-8dbb-c12f9888839e","block_type":"box","text":"or to sell at a desired time or at a price considered to be fair (especially in large","page_number":1,"box":{"x":512,"y":908,"width":430,"height":8}},{"id":"d6d17639-8b3b-45a1-95d2-fbe9e81b62cc","block_type":"box","text":"quantities), and as a result their prices could be very volatile.","page_number":1,"box":{"x":512,"y":916,"width":330,"height":9}},{"id":"995df940-d45e-47f0-8ecc-942acea7f5fc","block_type":"box","text":"Operational risk:","page_number":1,"box":{"x":512,"y":927,"width":92,"height":8}},{"id":"61cb4d07-9ebe-4857-ad75-29801f251dfb","block_type":"box","text":"Human error or process/system failures, internally or at our","page_number":1,"box":{"x":609,"y":927,"width":325,"height":8}},{"id":"5a4d6e61-dcef-402a-a3b0-304975098d7d","block_type":"box","text":"service providers, could create losses for the Fund.","page_number":1,"box":{"x":512,"y":936,"width":275,"height":8}},{"id":"aa53a1f4-b5d2-4d7b-a6c8-72996d5c4281","block_type":"box","text":"Collateralised Loan Obligations:","page_number":1,"box":{"x":512,"y":947,"width":175,"height":8}},{"id":"ae18a267-0521-4811-8aea-6edbde7fd5fe","block_type":"box","text":"In addition to standard debt and ABS risks (e.g.,","page_number":1,"box":{"x":693,"y":947,"width":256,"height":8}},{"id":"0a26c80b-0048-46b4-a1ac-28dda3675549","block_type":"box","text":"interest rate, credit and default risk), CDOs and CLOs involve further risks,","page_number":1,"box":{"x":512,"y":956,"width":401,"height":8}},{"id":"2efe65fe-044b-4f98-a841-35cd450690fb","block_type":"box","text":"Page","page_number":2,"box":{"x":48,"y":969,"width":21,"height":7}},{"id":"b6af5f46-6b80-4d5b-b624-862668e7001c","block_type":"box","text":"2","page_number":2,"box":{"x":73,"y":969,"width":5,"height":6}},{"id":"9e2fa198-b40b-49e1-9319-fe832299b6ce","block_type":"box","text":"of","page_number":2,"box":{"x":82,"y":969,"width":9,"height":6}},{"id":"37d9dbb9-f557-4635-a0c0-68093bcda19b","block_type":"box","text":"2","page_number":2,"box":{"x":95,"y":969,"width":4,"height":6}},{"id":"09d543d9-7375-4285-b108-63493032ef9c","block_type":"box","text":"This key investor information is accurate as at 17 June 2026","page_number":2,"box":{"x":47,"y":979,"width":283,"height":7}},{"id":"a50943f6-9490-49b4-ba1e-66864c311145","block_type":"box","text":"including: (i) collateral cash flows may be insufficient to meet interest or other","page_number":2,"box":{"x":48,"y":21,"width":426,"height":8}},{"id":"27ae8656-889f-44af-9ebc-004fa9838389","block_type":"box","text":"payments; (ii) collateral may decline in value, be downgraded or default; (iii) a","page_number":2,"box":{"x":48,"y":29,"width":423,"height":9}},{"id":"b41d92b8-0650-4558-a607-f8856e15cb09","block_type":"box","text":"Fund may hold subordinated tranches exposed to higher losses; and (iv) their","page_number":2,"box":{"x":48,"y":38,"width":420,"height":8}},{"id":"ad14dfa4-7955-48a5-a4c3-1880f80da251","block_type":"box","text":"complex struct","page_number":2,"box":{"x":48,"y":47,"width":79,"height":8}},{"id":"28c9b6b5-54f2-475d-b91d-c5a79e13fabc","block_type":"box","text":"ures can be hard to fully assess, creating valuation challenges,","page_number":2,"box":{"x":129,"y":47,"width":336,"height":8}},{"id":"af73c614-a895-44c9-a619-0177736c5635","block_type":"box","text":"potential disputes with issuers, or unexpected investment outcomes.","page_number":2,"box":{"x":48,"y":56,"width":375,"height":8}},{"id":"a479b73e-7b91-4541-a64d-6362caa7b773","block_type":"box","text":"Distressed securities Risk:","page_number":2,"box":{"x":48,"y":67,"width":142,"height":6}},{"id":"fcff288d-e3b0-4627-a3b2-b852ded56d2e","block_type":"box","text":"Securities issued by companies/public bodies","page_number":2,"box":{"x":194,"y":66,"width":245,"height":9}},{"id":"9332d1cf-98ea-4a1a-817b-2f30ca3d1d37","block_type":"box","text":"undergoing financial pressure due to possible bankruptcy, re","page_number":2,"box":{"x":48,"y":75,"width":329,"height":9}},{"id":"ffc78840-fe8f-400f-ba50-100b11f21889","block_type":"box","text":"-","page_number":2,"box":{"x":378,"y":79,"width":3,"height":1}},{"id":"3b8bc868-985e-4a5c-ac93-7fd019039bef","block_type":"box","text":"structuration, or","page_number":2,"box":{"x":382,"y":76,"width":89,"height":7}},{"id":"d860cc31-2e2d-405e-a4f6-254c595333f4","block_type":"box","text":"other financial turmoil. Changing market conditions may have a greater adverse","page_number":2,"box":{"x":48,"y":84,"width":434,"height":8}},{"id":"b9e4744b-7293-420e-b0f6-98208531cbfe","block_type":"box","text":"impact on such securities.","page_number":2,"box":{"x":48,"y":93,"width":139,"height":8}},{"id":"fd23d179-dab8-4d8f-aed9-773a61ea9775","block_type":"box","text":"Interest rate risk","page_number":2,"box":{"x":48,"y":104,"width":92,"height":7}},{"id":"96299f08-d189-4ed2-8079-653cfded3b3c","block_type":"box","text":"—","page_number":2,"box":{"x":144,"y":107,"width":10,"height":1}},{"id":"68b57526-21ab-409c-be2d-2fe9f59c42ef","block_type":"box","text":"bonds:","page_number":2,"box":{"x":159,"y":104,"width":36,"height":7}},{"id":"0608f39b-b424-4885-9984-5eb014e1876d","block_type":"box","text":"When interest rates rise, bond values generally fall.","page_number":2,"box":{"x":199,"y":104,"width":279,"height":8}},{"id":"dd66e6b5-8b77-4675-b9f0-e0aab23a5a23","block_type":"box","text":"This risk is generally greater for longer","page_number":2,"box":{"x":47,"y":113,"width":208,"height":8}},{"id":"e2c6a31d-9bc3-4857-bcf9-1e2ffcf5e54b","block_type":"box","text":"-","page_number":2,"box":{"x":256,"y":116,"width":3,"height":1}},{"id":"2c402d3d-6fb7-4f0e-b784-5f1005fce730","block_type":"box","text":"term bonds and for bonds with higher","page_number":2,"box":{"x":260,"y":113,"width":207,"height":8}},{"id":"031dbb2b-02c9-4934-8160-9ee34f3fd9a4","block_type":"box","text":"credit quality.","page_number":2,"box":{"x":48,"y":121,"width":73,"height":8}},{"id":"893a488b-7c04-41a8-9019-0a5aefb19b35","block_type":"box","text":"Contingent convertibles securities Risk:","page_number":2,"box":{"x":48,"y":132,"width":217,"height":8}},{"id":"e97e1faa-007f-4efd-bdb3-11ba0c8dcbbc","block_type":"box","text":"Contingent convertible bonds (CoCos),","page_number":2,"box":{"x":270,"y":132,"width":208,"height":8}},{"id":"1c9188ee-0eaa-4e10-bf69-97fee5b2bede","block_type":"box","text":"often classified as Additional Tier 1 (AT1) capital instruments, are high yield,","page_number":2,"box":{"x":48,"y":141,"width":412,"height":8}},{"id":"c8d39ac3-0286-4cfd-84f8-a40b2c5f9a91","block_type":"box","text":"high risk hybrid securities issued primarily by banks. They automatically convert","page_number":2,"box":{"x":48,"y":150,"width":433,"height":8}},{"id":"f0be484e-bcca-4c8c-b963-a22a04c3d8d8","block_type":"box","text":"to equity or are written down when the issuer’s capital","page_number":2,"box":{"x":47,"y":158,"width":298,"height":9}},{"id":"e2be7f10-e75c-493d-acf4-89425800a2a7","block_type":"box","text":"deteriorates. This makes","page_number":2,"box":{"x":350,"y":158,"width":133,"height":7}},{"id":"fd2e31d7-0a42-4aad-a4d2-92932830b5aa","block_type":"box","text":"them structurally riskier than traditional bonds.","page_number":2,"box":{"x":47,"y":167,"width":258,"height":8}},{"id":"504b3d8b-e356-4b49-b9c2-13f649f5b42e","block_type":"box","text":"Hybrid Securities / perpetual securities Risk:","page_number":2,"box":{"x":48,"y":178,"width":245,"height":8}},{"id":"4e7e04f8-f77f-493d-91fa-6d7275b03adf","block_type":"box","text":"Hybrid or subordinated debt is","page_number":2,"box":{"x":298,"y":178,"width":165,"height":8}},{"id":"4117f7ef-4c1c-4ef1-9e56-c95d96ab4803","block_type":"box","text":"subject to specific risks of non","page_number":2,"box":{"x":48,"y":187,"width":162,"height":8}},{"id":"05543750-ba91-4b49-808d-a9cc84cb581a","block_type":"box","text":"-","page_number":2,"box":{"x":211,"y":191,"width":3,"height":0}},{"id":"68b96664-b7e5-4553-804c-e949a02dab4e","block_type":"box","text":"payment of coupons and loss of capital under","page_number":2,"box":{"x":216,"y":187,"width":247,"height":8}},{"id":"f36a6bfe-c991-4243-a242-2d6026d14f65","block_type":"box","text":"certain circumstances. For non","page_number":2,"box":{"x":512,"y":21,"width":166,"height":6}},{"id":"dc4fb84f-66e9-47c9-b786-f5102d78cafc","block_type":"box","text":"-","page_number":2,"box":{"x":680,"y":25,"width":3,"height":0}},{"id":"039940ef-32d9-4028-a1a4-c5e3fefa8e52","block_type":"box","text":"financial bonds, hybrid debt is deeply","page_number":2,"box":{"x":684,"y":21,"width":202,"height":8}},{"id":"65dc1f41-589f-44a1-9a5a-b090b27c9c13","block_type":"box","text":"subordinated debt, which implies a low recovery rate in the event of issuer","page_number":2,"box":{"x":512,"y":29,"width":408,"height":9}},{"id":"82d1cf05-e3cb-4e08-89f9-998ff2ffda46","block_type":"box","text":"default.","page_number":2,"box":{"x":512,"y":38,"width":41,"height":7}},{"id":"4c9f6b4f-e0ab-477d-a068-d49dd0ab594c","block_type":"box","text":"Convertible bonds Risk:","page_number":2,"box":{"x":512,"y":49,"width":130,"height":7}},{"id":"98ec421c-5728-4b07-aaa4-c3f6d89103c4","block_type":"box","text":"Convertible bonds could earn less income than","page_number":2,"box":{"x":647,"y":49,"width":253,"height":7}},{"id":"aeb2f6ee-bab8-4329-b154-5f8ea83feb30","block_type":"box","text":"comparable debt securities and less growth than comparable equity securities,","page_number":2,"box":{"x":512,"y":58,"width":428,"height":8}},{"id":"fb245704-159a-4dff-8482-9603ab42a9c2","block_type":"box","text":"and carry credit, default, equity, interest rate, liquidity and market risks.","page_number":2,"box":{"x":512,"y":67,"width":392,"height":8}},{"id":"e31e57d7-c4bb-4388-80c4-aa75407df8a9","block_type":"box","text":"Leverage Risk:","page_number":2,"box":{"x":513,"y":78,"width":77,"height":8}},{"id":"70d4afd0-ff6b-4957-9733-36babbec5c56","block_type":"box","text":"A small price decline on a \"leveraged\" underlying investment will","page_number":2,"box":{"x":594,"y":78,"width":353,"height":8}},{"id":"59ded287-187c-4fd0-a445-a26d48044c09","block_type":"box","text":"create a correspondingly larger loss for the Fund. A high overall level of leverage","page_number":2,"box":{"x":512,"y":86,"width":437,"height":9}},{"id":"9c56ed11-c664-4de6-a190-0add8dc8ffa8","block_type":"box","text":"and/or unusual market conditions could create significant losses for the Fund..","page_number":2,"box":{"x":512,"y":95,"width":427,"height":8}},{"id":"7d1b28b1-000d-4f88-8bb7-f188dc7f3074","block_type":"box","text":"Counterparty risk:","page_number":2,"box":{"x":512,"y":106,"width":100,"height":8}},{"id":"6b8406bc-d7cd-41bc-836c-87c4f185a8d5","block_type":"box","text":"The Fund could lose money if an entity with which it does","page_number":2,"box":{"x":616,"y":106,"width":313,"height":8}},{"id":"f2b0e44f-f281-45bb-92b0-3e6cc95df52f","block_type":"box","text":"business becomes unwilling or is unable to meet its obligations to the Fund.","page_number":2,"box":{"x":513,"y":115,"width":411,"height":8}},{"id":"7384c87d-9986-443b-842a-78c257be3c57","block_type":"box","text":"Sustainability Risk:","page_number":2,"box":{"x":512,"y":126,"width":104,"height":8}},{"id":"9adf47c4-58d7-45a3-8665-e087748f8480","block_type":"box","text":"This risk is any environmental social or governance event or","page_number":2,"box":{"x":620,"y":126,"width":324,"height":8}},{"id":"c9b82a40-759a-4d4b-8a2f-bef99dc493ae","block_type":"box","text":"condition that could impact the value of investments. The Investment Manager","page_number":2,"box":{"x":512,"y":135,"width":432,"height":8}},{"id":"3ee6ec27-1619-4b2d-8daf-0e0792240e1c","block_type":"box","text":"primarily relies on its in","page_number":2,"box":{"x":513,"y":143,"width":125,"height":9}},{"id":"d6da2ba0-fd33-4aff-9485-0469cd63516c","block_type":"box","text":"-","page_number":2,"box":{"x":640,"y":147,"width":3,"height":1}},{"id":"0c28d50e-4dbb-4fbd-a0d7-0e59d337e0d8","block_type":"box","text":"house ESG analysis and climate risk indicators to","page_number":2,"box":{"x":644,"y":143,"width":262,"height":9}},{"id":"9d71f9d4-5387-4bbe-b265-0fc8ea213064","block_type":"box","text":"categorise the potential level of Sustain","page_number":2,"box":{"x":512,"y":152,"width":214,"height":8}},{"id":"523b2a6e-ed7c-4f97-aef4-8d5709688b9d","block_type":"box","text":"ability risks in each subfund. The level of","page_number":2,"box":{"x":728,"y":152,"width":219,"height":8}},{"id":"816ea03e-0647-473f-9674-544980098d34","block_type":"box","text":"sustainability risk may fluctuate depending on which investment opportunities","page_number":2,"box":{"x":512,"y":161,"width":427,"height":8}},{"id":"6caa98ec-147e-43e6-9037-ea0b30079e16","block_type":"box","text":"the Investment Manager identifies. This means significantly and unpredictably.","page_number":2,"box":{"x":512,"y":169,"width":428,"height":9}},{"id":"fb218d87-74b9-47c1-a19d-171f4f14a61d","block_type":"box","text":"Full information on the risks applicable to the Fund is detailed in the Prospectus.","page_number":2,"box":{"x":513,"y":181,"width":436,"height":8}},{"id":"105c3eeb-0f2c-462d-8d2e-a9f4bac43a77","block_type":"box","text":"One","page_number":2,"box":{"x":49,"y":248,"width":22,"height":6}},{"id":"b7e2edfc-995e-4276-a318-9ba10a1ad742","block_type":"box","text":"-","page_number":2,"box":{"x":72,"y":252,"width":3,"height":1}},{"id":"8f2e6bb8-a17f-4100-8a68-51fcaba7ddd0","block_type":"box","text":"off charges taken before or after you invest*","page_number":2,"box":{"x":76,"y":248,"width":247,"height":8}},{"id":"a81e1d1f-f1f2-469b-8f91-d275c6c4fae1","block_type":"box","text":"Entry charge","page_number":2,"box":{"x":49,"y":259,"width":67,"height":9}},{"id":"9552046f-a26c-4894-8e35-a3ac6a0d2010","block_type":"box","text":"5.00%","page_number":2,"box":{"x":446,"y":260,"width":32,"height":6}},{"id":"1c05d353-69c9-4480-a78d-755c3a345362","block_type":"box","text":"Exit charge","page_number":2,"box":{"x":49,"y":271,"width":58,"height":8}},{"id":"f628fdd3-5ba6-4cb2-809c-36c6763cd251","block_type":"box","text":"None","page_number":2,"box":{"x":450,"y":272,"width":28,"height":6}},{"id":"d5444b10-8f0f-4a9f-9e58-893d83ccd01b","block_type":"box","text":"Charges taken from the Fund over a year","page_number":2,"box":{"x":49,"y":283,"width":226,"height":8}},{"id":"ab4197d3-53d7-4172-8946-19b66b7c5c85","block_type":"box","text":"Ongoing charges","page_number":2,"box":{"x":49,"y":298,"width":89,"height":8}},{"id":"c5daa7fc-6f20-486f-a31b-8c5c0c67fc36","block_type":"box","text":"0.45%","page_number":2,"box":{"x":445,"y":302,"width":33,"height":6}},{"id":"a9765371-0671-4097-8bdd-a294d67e116c","block_type":"box","text":"Charges taken from the Fund under certain specific conditions","page_number":2,"box":{"x":49,"y":313,"width":344,"height":8}},{"id":"30b3411c-473d-4359-becb-2582fa578d89","block_type":"box","text":"Performance fee","page_number":2,"box":{"x":49,"y":325,"width":89,"height":6}},{"id":"403945b7-36cc-4ac4-ac7d-d8deac9878d4","block_type":"box","text":"None","page_number":2,"box":{"x":450,"y":325,"width":28,"height":6}},{"id":"31f95b35-3ee1-4899-8275-36a2261e03eb","block_type":"box","text":"*This is the maximum that might be taken out of your money before it is","page_number":2,"box":{"x":49,"y":336,"width":394,"height":8}},{"id":"345818ea-ee3b-4d6e-b275-288b6086dac2","block_type":"box","text":"invested / before the proceeds of your investment are paid out.","page_number":2,"box":{"x":49,"y":347,"width":346,"height":9}},{"id":"7ba3b74b-1d0b-455e-9ec0-567017a5faa1","block_type":"box","text":"The charges you pay are used to pay the costs of running the Fund, including","page_number":2,"box":{"x":48,"y":359,"width":417,"height":9}},{"id":"d3fce7db-9b0e-4d0e-be2d-22c022054b96","block_type":"box","text":"the costs of marketing and distributing it. These charges reduce the potential","page_number":2,"box":{"x":48,"y":371,"width":419,"height":8}},{"id":"753c965d-e6dc-47af-bcd2-a317c607375e","block_type":"box","text":"growth of your investment.","page_number":2,"box":{"x":48,"y":383,"width":148,"height":8}},{"id":"550561bf-1ef3-4783-aacc-6b5191136cb3","block_type":"box","text":"The entry and exit charges shown are maximum figures. In some cases","page_number":2,"box":{"x":512,"y":247,"width":383,"height":8}},{"id":"54ccac1a-2b71-43dc-974e-e0e691388b41","block_type":"box","text":"(including when switching to other funds or share classes in Aviva Investors) you","page_number":2,"box":{"x":512,"y":255,"width":436,"height":9}},{"id":"574e27f4-befb-4bfa-b057-fb510b8f1114","block_type":"box","text":"might pay less","page_number":2,"box":{"x":513,"y":264,"width":76,"height":8}},{"id":"00bbe9c5-efc4-49c6-9e0a-af1f04de33b0","block_type":"box","text":"–","page_number":2,"box":{"x":592,"y":268,"width":7,"height":0}},{"id":"6b70d721-57b7-4e2f-91dc-124ba441ee83","block_type":"box","text":"you can find the actual entry and exit charges from your","page_number":2,"box":{"x":602,"y":264,"width":305,"height":8}},{"id":"9482766d-fcd4-41e6-b0f2-9b41ff1f5840","block_type":"box","text":"financial adviser/distributor.","page_number":2,"box":{"x":512,"y":273,"width":153,"height":8}},{"id":"208d750e-17fa-48b7-8cd2-497d11d7a954","block_type":"box","text":"The ongoing charges figure shown here for this new share class is an estimate of","page_number":2,"box":{"x":512,"y":284,"width":438,"height":8}},{"id":"942a96ca-dbb0-4adb-94ea-afd8b267a43c","block_type":"box","text":"the charges. The UCITS annual report for each financial year will include detail","page_number":2,"box":{"x":512,"y":293,"width":424,"height":8}},{"id":"521097c8-ad88-4617-bf98-c7320457b033","block_type":"box","text":"on the exact charges. The figure for ongoing charges excludes performance fees","page_number":2,"box":{"x":512,"y":301,"width":435,"height":9}},{"id":"785c7c64-879d-4891-8a10-9a4e1775573b","block_type":"box","text":"and portfolio t","page_number":2,"box":{"x":512,"y":310,"width":78,"height":8}},{"id":"48b85971-468f-47a2-bedb-d76f08ded4ee","block_type":"box","text":"ransaction costs, except in the case of an entry/exit charge paid","page_number":2,"box":{"x":591,"y":310,"width":346,"height":8}},{"id":"3e120c0e-74d4-486e-ba15-acca7ae0a2e1","block_type":"box","text":"by the Fund when buying or selling units in another collective investment","page_number":2,"box":{"x":513,"y":319,"width":398,"height":8}},{"id":"eab5fb5f-9dad-4d3a-99ea-1de940cd09f0","block_type":"box","text":"undertaking.","page_number":2,"box":{"x":513,"y":328,"width":67,"height":8}},{"id":"61ae7668-157b-4065-ae7d-a63420b63092","block_type":"box","text":"A switching charge of up to 1% may be applied when switching to other funds or","page_number":2,"box":{"x":512,"y":339,"width":438,"height":8}},{"id":"84d2e215-5ecf-41fc-9730-82e12957b72e","block_type":"box","text":"share classes in Aviva Investors.","page_number":2,"box":{"x":512,"y":347,"width":171,"height":7}},{"id":"30cfbbfa-268a-4c07-b9aa-00ac9babd9f9","block_type":"box","text":"For more information about charges, including a full explanation of any","page_number":2,"box":{"x":513,"y":358,"width":387,"height":9}},{"id":"e1825d56-5271-405f-ae2b-dd70ad921bfc","block_type":"box","text":"performance fee (if applicable) please see the charges sections of the Fund's","page_number":2,"box":{"x":513,"y":367,"width":415,"height":8}},{"id":"ea8457b1-f2eb-4184-806d-46084deb8015","block_type":"box","text":"Prospectus.","page_number":2,"box":{"x":513,"y":376,"width":61,"height":8}},{"id":"72bc7a5b-1900-4540-9f07-b78aae3ddf59","block_type":"box","text":"PAST PERFORMANCE","page_number":2,"box":{"x":48,"y":421,"width":145,"height":8}},{"id":"e6e85fa7-f02a-45d3-a71b-180c635dedb2","block_type":"box","text":"Share Class","page_number":2,"box":{"x":99,"y":457,"width":60,"height":6}},{"id":"83c11a98-29bd-494c-9a11-aac3317fdbad","block_type":"box","text":"50% Bloomberg Global","page_number":2,"box":{"x":99,"y":481,"width":123,"height":8}},{"id":"bf1a6e67-abf7-40b4-bd22-462c77123015","block_type":"box","text":"Aggregate Corporate Total","page_number":2,"box":{"x":99,"y":492,"width":143,"height":8}},{"id":"4343feb4-a196-4081-9ea9-a36690c5b96f","block_type":"box","text":"Return Index hedged USD &","page_number":2,"box":{"x":99,"y":504,"width":151,"height":8}},{"id":"e63f9b83-c62c-4ab9-8491-d8f1772f6ea8","block_type":"box","text":"50% Bloomberg Global High","page_number":2,"box":{"x":99,"y":515,"width":151,"height":9}},{"id":"9d743c86-3dfa-48da-b119-89296447d5b1","block_type":"box","text":"Yield Total Return Index hedged","page_number":2,"box":{"x":99,"y":527,"width":173,"height":8}},{"id":"f305e4de-f171-4a4f-80bc-9128c0aeef2c","block_type":"box","text":"USD","page_number":2,"box":{"x":99,"y":539,"width":22,"height":6}},{"id":"f8d37495-c169-45fb-8849-ed7cb46959de","block_type":"box","text":"2021","page_number":2,"box":{"x":121,"y":712,"width":19,"height":4}},{"id":"aee0f57f-ec05-48fc-a1a5-83d60b927247","block_type":"box","text":"2022","page_number":2,"box":{"x":200,"y":712,"width":20,"height":4}},{"id":"d8267cb1-51cc-4388-9336-2e46853adff8","block_type":"box","text":"2023","page_number":2,"box":{"x":280,"y":712,"width":19,"height":4}},{"id":"89548528-a373-4a3b-aa7c-0c0772eb99f5","block_type":"box","text":"2024","page_number":2,"box":{"x":359,"y":712,"width":20,"height":4}},{"id":"1958953f-8dca-4cd4-bc6b-361bb415328f","block_type":"box","text":"2025","page_number":2,"box":{"x":438,"y":712,"width":20,"height":4}},{"id":"255f81ce-416b-4aa8-acb3-4065d1048461","block_type":"box","text":"Past performance is no guide to future performance.","page_number":2,"box":{"x":513,"y":446,"width":285,"height":8}},{"id":"a62a8e86-2f44-4067-94dc-ac2e8e8892f7","block_type":"box","text":"The past performance shown in the chart opposite takes into account all","page_number":2,"box":{"x":512,"y":457,"width":394,"height":9}},{"id":"eb7031bf-d0cf-4ed1-93f1-41397a8805c2","block_type":"box","text":"charges except entry charges.","page_number":2,"box":{"x":512,"y":466,"width":161,"height":8}},{"id":"8a1a1be9-bcc8-4e92-b2d9-a62a7ca9a0c9","block_type":"box","text":"The Share Class was launched on 17 June 2026.","page_number":2,"box":{"x":512,"y":480,"width":257,"height":7}},{"id":"a6dd5c10-2652-42db-a325-89f6c113c9a1","block_type":"box","text":"Performance is calculated in the Share Class currency which is USD.","page_number":2,"box":{"x":513,"y":492,"width":364,"height":8}},{"id":"5106db4f-9106-4a67-bf7c-8c25cf656eef","block_type":"box","text":"Source: Aviva Investors/Morningstar as at 31 December 2025.","page_number":2,"box":{"x":512,"y":503,"width":337,"height":8}},{"id":"c0cba86c-8b75-4217-ba42-2b0660946d9c","block_type":"box","text":"PRACTICAL INFORMATION","page_number":2,"box":{"x":48,"y":744,"width":182,"height":7}},{"id":"f7e2d93b-40ae-45f0-98f0-46e5c5cb8407","block_type":"box","text":"BNY Mellon, Asset Servicing, 2","page_number":2,"box":{"x":48,"y":774,"width":163,"height":8}},{"id":"e583edce-1dc1-452f-82a8-d127e55a41bd","block_type":"box","text":"-","page_number":2,"box":{"x":213,"y":778,"width":3,"height":0}},{"id":"6afa9d90-7e0b-4752-b3f8-c46e133d3f49","block_type":"box","text":"4, rue Eugène Ruppert","page_number":2,"box":{"x":217,"y":774,"width":121,"height":8}},{"id":"2b6f9fda-1ceb-461b-84e7-8e9a419723a2","block_type":"box","text":"-","page_number":2,"box":{"x":342,"y":778,"width":3,"height":0}},{"id":"5cc07754-ac3b-492d-a3e4-346e7fc6e40e","block_type":"box","text":"L","page_number":2,"box":{"x":350,"y":774,"width":4,"height":6}},{"id":"b7f7fa5f-5eea-44a8-bd5d-c6fab7bdfa89","block_type":"box","text":"-","page_number":2,"box":{"x":355,"y":778,"width":3,"height":0}},{"id":"e8721ae3-8ec7-46ff-9705-6f1016d62a77","block_type":"box","text":"2453 Luxembourg","page_number":2,"box":{"x":360,"y":774,"width":97,"height":8}},{"id":"39d541c8-5f8c-4917-aed3-64a8043ea98b","block_type":"box","text":"Other information on Aviva Investors, copies of its Prospectus and of its latest","page_number":2,"box":{"x":48,"y":785,"width":423,"height":8}},{"id":"40658660-2e67-469b-b585-c273ee95c550","block_type":"box","text":"annual and semi","page_number":2,"box":{"x":48,"y":793,"width":88,"height":7}},{"id":"4d8b0ffe-d7be-4dc4-a128-f336f9f37794","block_type":"box","text":"-","page_number":2,"box":{"x":137,"y":797,"width":3,"height":1}},{"id":"8b7cd99d-323d-4468-8308-78003ba89e75","block_type":"box","text":"annual reports, may be obtained free of charge, in English,","page_number":2,"box":{"x":141,"y":793,"width":318,"height":9}},{"id":"274289e7-10a5-4add-b097-fb497b348aa5","block_type":"box","text":"from Aviva Investors Luxembourg S.A., 2 rue du Fort Bourbon, Luxembourg, L","page_number":2,"box":{"x":47,"y":802,"width":421,"height":8}},{"id":"f8462326-5c53-4c9d-8e0d-68a593f7efbf","block_type":"box","text":"\u0002","page_number":2,"box":{"x":469,"y":806,"width":3,"height":1}},{"id":"5656068e-740a-4cd9-b094-ccbe018e9479","block_type":"box","text":"1249, or from the websi","page_number":2,"box":{"x":48,"y":811,"width":129,"height":8}},{"id":"b738df9e-b099-44e8-9f26-aeaafe2e953d","block_type":"box","text":"te www.avivainvestors.com where the latest available","page_number":2,"box":{"x":178,"y":811,"width":295,"height":6}},{"id":"a7cd4f99-2e34-474c-854b-86ba013d0bce","block_type":"box","text":"price of shares in the Fund and information on how to buy/sell shares can also","page_number":2,"box":{"x":48,"y":819,"width":425,"height":9}},{"id":"c356548e-bd9a-4b43-a97b-39d35531f0d6","block_type":"box","text":"be accessed. The Transfer Agent for this fund is BNY Mellon, Transfer Agency","page_number":2,"box":{"x":48,"y":828,"width":418,"height":8}},{"id":"d4267763-6706-441c-824b-d64c49f9abf3","block_type":"box","text":"Lux, Asset Servicing, 2","page_number":2,"box":{"x":48,"y":837,"width":118,"height":8}},{"id":"198932eb-208d-4943-95ef-9df4aad1c967","block_type":"box","text":"-","page_number":2,"box":{"x":167,"y":841,"width":3,"height":0}},{"id":"3d63857a-6de7-472f-9825-a49b6dbbe164","block_type":"box","text":"4, rue Eugène Ruppert","page_number":2,"box":{"x":171,"y":837,"width":122,"height":8}},{"id":"e0fb8d5d-de30-45d9-bda1-b947d47469a8","block_type":"box","text":"-","page_number":2,"box":{"x":297,"y":841,"width":3,"height":0}},{"id":"09129285-5d15-4abd-a029-7237390b6a6f","block_type":"box","text":"L","page_number":2,"box":{"x":304,"y":837,"width":5,"height":6}},{"id":"287fbba2-ca53-4851-9a33-6a41dd3a160d","block_type":"box","text":"-","page_number":2,"box":{"x":309,"y":841,"width":4,"height":0}},{"id":"ff8b0f74-b549-4baf-b6e1-ef1a1e75d893","block_type":"box","text":"2453 Luxembourg.","page_number":2,"box":{"x":314,"y":837,"width":100,"height":8}},{"id":"96a66cdf-ad78-40f7-82fc-a8da9b35b7bb","block_type":"box","text":"You may switch between other funds or share classes in Aviva Investors subject","page_number":2,"box":{"x":47,"y":848,"width":433,"height":8}},{"id":"545a82c2-7f14-4c9f-a40e-bd2411ab63dc","block_type":"box","text":"to provisions of the Section \"Investing in the Sub","page_number":2,"box":{"x":47,"y":857,"width":264,"height":8}},{"id":"75188855-2485-4642-9c9c-7886f31e2fb3","block_type":"box","text":"-","page_number":2,"box":{"x":312,"y":861,"width":4,"height":0}},{"id":"7ef6f3f5-95ce-45ef-968a-0d365d2025b3","block_type":"box","text":"Funds\" of the Prospectus.","page_number":2,"box":{"x":317,"y":857,"width":138,"height":8}},{"id":"3823231e-0ab5-47e0-bf93-7429aaf86e63","block_type":"box","text":"Aviva Investors is subject to the tax laws and regulations of Luxembourg. This","page_number":2,"box":{"x":47,"y":868,"width":421,"height":8}},{"id":"80021425-c9ef-4a76-b59e-44c5d150e392","block_type":"box","text":"might have an impact on your personal tax position that you should verify with a","page_number":2,"box":{"x":48,"y":877,"width":438,"height":8}},{"id":"39108e19-e15a-4a55-bd3a-fe782aeabadc","block_type":"box","text":"tax advisor in your country of residence.","page_number":2,"box":{"x":47,"y":885,"width":218,"height":8}},{"id":"e54db0e1-1950-4ee0-8ec9-27e6cbaa38a9","block_type":"box","text":"Aviva Investors is an open ended investment company organised as a Société","page_number":2,"box":{"x":47,"y":896,"width":420,"height":9}},{"id":"5d00a180-054f-484c-951c-76f643980885","block_type":"box","text":"d'Investissement à Capital Variable (SICAV) with several sub","page_number":2,"box":{"x":48,"y":905,"width":324,"height":8}},{"id":"4724f0aa-7752-4604-b8ac-d281b5c653c4","block_type":"box","text":"-","page_number":2,"box":{"x":373,"y":909,"width":3,"height":1}},{"id":"2801de9b-40e2-46ae-b62b-f164ac8489a6","block_type":"box","text":"funds. This key","page_number":2,"box":{"x":377,"y":905,"width":81,"height":8}},{"id":"406e056f-75a3-49d5-a1b1-677bb8921cba","block_type":"box","text":"investor information document describes one sub","page_number":2,"box":{"x":48,"y":914,"width":270,"height":6}},{"id":"dbfe3ba2-238e-4927-8351-c12d4007ee80","block_type":"box","text":"-","page_number":2,"box":{"x":320,"y":918,"width":3,"height":0}},{"id":"b54613ab-bb2b-483f-8765-93f8b1d40f7f","block_type":"box","text":"fund of the SICAV. The","page_number":2,"box":{"x":324,"y":914,"width":122,"height":6}},{"id":"161f5359-9719-4a5b-9485-a4dcd70acb75","block_type":"box","text":"liabilities of each fund are segregated and the assets of this Fund will not be","page_number":2,"box":{"x":513,"y":774,"width":412,"height":8}},{"id":"0b30b44b-dca9-4aa3-b363-7f5b5925560e","block_type":"box","text":"used to pay debts of other funds.","page_number":2,"box":{"x":513,"y":782,"width":179,"height":9}},{"id":"de04102d-1add-4d87-9cda-9a65c6df2477","block_type":"box","text":"Aviva Investors Luxembourg S.A. may be held liable solely on the basis of any","page_number":2,"box":{"x":512,"y":793,"width":419,"height":9}},{"id":"32bf6fbb-4348-4c4a-a901-6a62d1e8f69c","block_type":"box","text":"statement contained in this document that is misleading, inaccurate or","page_number":2,"box":{"x":512,"y":802,"width":386,"height":8}},{"id":"ae5e294a-4d42-4c96-9f2e-5dd823bc9c32","block_type":"box","text":"inconsistent with the relevant parts of the Prospectus of the Fund. The details of","page_number":2,"box":{"x":512,"y":811,"width":438,"height":8}},{"id":"81fde52a-12aa-4ad6-b239-f941c490f238","block_type":"box","text":"the up","page_number":2,"box":{"x":512,"y":820,"width":34,"height":8}},{"id":"1c253719-5a85-4d06-b265-64cd476b02b3","block_type":"box","text":"-","page_number":2,"box":{"x":547,"y":823,"width":4,"height":1}},{"id":"2c313cac-a126-42a9-831f-56629fe1b7c3","block_type":"box","text":"to","page_number":2,"box":{"x":551,"y":820,"width":11,"height":6}},{"id":"7e2bb394-5b1c-4c1e-94b1-69296ad91a6a","block_type":"box","text":"-","page_number":2,"box":{"x":563,"y":823,"width":3,"height":1}},{"id":"a73eda79-b370-4f58-8c24-15aeb47b4b2b","block_type":"box","text":"date remunerat","page_number":2,"box":{"x":567,"y":820,"width":86,"height":6}},{"id":"635c1c24-90ad-4e7d-bb26-33d72ffbad85","block_type":"box","text":"ion policy of the Management Company, including the","page_number":2,"box":{"x":654,"y":819,"width":295,"height":9}},{"id":"a60ee5e4-1765-4af7-98c5-7dac049426b4","block_type":"box","text":"composition of its remuneration committee, a description of the key","page_number":2,"box":{"x":512,"y":828,"width":373,"height":8}},{"id":"650f4292-2a9e-4978-8292-94ee01345de9","block_type":"box","text":"remuneration elements and an overview of how remuneration is determined,","page_number":2,"box":{"x":513,"y":837,"width":422,"height":8}},{"id":"08b70caf-66d9-4363-9ca6-c7ad08096652","block_type":"box","text":"are available on the website www.avivainvestors.com. A paper co","page_number":2,"box":{"x":512,"y":846,"width":357,"height":8}},{"id":"784e571f-6eea-49f7-8a50-e6d16151d4f3","block_type":"box","text":"py of the","page_number":2,"box":{"x":871,"y":846,"width":47,"height":8}},{"id":"d9cea360-2113-4338-a2e5-3c87afa131dc","block_type":"box","text":"remuneration policy can be made available upon request and free of charge at","page_number":2,"box":{"x":513,"y":854,"width":427,"height":9}},{"id":"74468bcd-9fc5-4637-ac98-dc50cd29051b","block_type":"box","text":"the Management Company's registered office.","page_number":2,"box":{"x":512,"y":863,"width":252,"height":8}},{"id":"ac166e9b-0775-4f62-bf59-afe8e52f2467","block_type":"box","text":"The Representative and Paying Agent in Switzerland is BNP Paribas, Paris, Zurich","page_number":2,"box":{"x":512,"y":874,"width":436,"height":8}},{"id":"31f0e1f8-8caa-4dbf-9099-ce6db2d11e10","block_type":"box","text":"branch, Selnaustrasse 16, 8002 Zurich, Switzerland. The Prospectus, the Key","page_number":2,"box":{"x":513,"y":883,"width":412,"height":8}},{"id":"6b72d1fc-5d72-4433-94a6-6a9c3b63e9b6","block_type":"box","text":"Investor Information Documents (KIIDs), the Articles of Incorporation as well as","page_number":2,"box":{"x":513,"y":891,"width":430,"height":9}},{"id":"1b183369-5391-471d-90ae-af93afb6f5b8","block_type":"box","text":"the Annual and Sem","page_number":2,"box":{"x":512,"y":900,"width":109,"height":7}},{"id":"181dca1a-e0f4-4413-9b93-7533a8f7ec12","block_type":"box","text":"i","page_number":2,"box":{"x":623,"y":901,"width":1,"height":6}},{"id":"0e9b2f25-aed4-48ae-b9f4-146308ccfa8d","block_type":"box","text":"-","page_number":2,"box":{"x":625,"y":904,"width":3,"height":1}},{"id":"1ed2f35f-882f-4d41-972c-18c0946ce643","block_type":"box","text":"Annual Reports may be obtained free of charge from the","page_number":2,"box":{"x":629,"y":900,"width":309,"height":8}},{"id":"22121cd1-144b-4e4f-b0df-0b2e8662c332","block_type":"box","text":"Representative in Switzerland.","page_number":2,"box":{"x":513,"y":909,"width":164,"height":8}},{"id":"82f9ceec-3b58-407f-88da-54e4f368ed93","block_type":"box","text":"The Sub","page_number":2,"box":{"x":47,"y":928,"width":43,"height":6}},{"id":"5559fc7c-536c-4d30-917b-dfbdff03b85c","block_type":"box","text":"-","page_number":2,"box":{"x":91,"y":932,"width":3,"height":0}},{"id":"a5feae27-9386-4a6f-9fe7-dcb1ad447742","block_type":"box","text":"Fund launched on 18 June 2026, is authorised in Luxembourg and supervised by Commission de Surveillance du Secteur Financier.","page_number":2,"box":{"x":96,"y":928,"width":707,"height":8}},{"id":"746f03e6-5f7a-4344-bf9c-350ad1bce96f","block_type":"box","text":"The Management Company is authorised in Luxembourg and supervised by the Commission de Surveillance du Secteur Financier.","page_number":2,"box":{"x":47,"y":937,"width":704,"height":8}},{"id":"b59f601c-f4bc-4f3c-ac00-fb8e1ce747ca","block_type":"box","text":"0","page_number":2,"box":{"x":78,"y":701,"width":5,"height":4}},{"id":"32c29525-6e81-445d-95f7-524a93d853be","block_type":"box","text":"0.2","page_number":2,"box":{"x":70,"y":678,"width":13,"height":4}},{"id":"5740b082-5bb8-46b0-a36a-0ad9c2e2f052","block_type":"box","text":"0.4","page_number":2,"box":{"x":70,"y":654,"width":13,"height":5}},{"id":"4cff8416-c9c7-45d8-9005-ad8d0401d071","block_type":"box","text":"0.6","page_number":2,"box":{"x":70,"y":631,"width":13,"height":5}},{"id":"702d04cb-e21a-4449-ab42-2a56742dd6bf","block_type":"box","text":"0.8","page_number":2,"box":{"x":70,"y":608,"width":13,"height":5}},{"id":"5a86aeb5-88c5-41d2-8a8e-86210e43538b","block_type":"box","text":"1","page_number":2,"box":{"x":79,"y":585,"width":4,"height":5}},{"id":"bad67590-1671-4fad-9925-94a05cac805b","block_type":"box","text":"1.2","page_number":2,"box":{"x":71,"y":562,"width":12,"height":5}},{"id":"0de87f59-cb0f-4494-b696-8b18d28016b6","block_type":"box","text":"There is insufficient data to provide a useful indication of","page_number":2,"box":{"x":132,"y":621,"width":311,"height":9}},{"id":"6f940453-5e7e-41e4-b4cb-314173dce9cb","block_type":"box","text":"past performance.","page_number":2,"box":{"x":238,"y":633,"width":98,"height":8}},{"id":"8f90a34e-b240-4aad-ad8d-ab91803894ed","block_type":"box","text":"Return %","page_number":2,"box":{"x":51,"y":613,"width":9,"height":34}},{"id":"d35ac2e6-def1-4b5d-8efb-07088ee86e46","block_type":"box","text":"CHARGES","page_number":2,"box":{"x":48,"y":228,"width":64,"height":8}}],"unit":"per_mille","page_width":595,"page_height":841,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":2}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.4.0","execution_id":"296d7948-a085-4552-adad-7c7dafcd3b2d"},"user_id":1000227,"date_created":"2026-06-29T18:35:27.933000Z","date_modified":"2026-06-29T18:35:27.933000Z","private":false}