Jyske SICAV High Yield Corporate Bonds SEK RC
Investment objective
The objective of the portfolio management is to generate a return over time, which is at least in line with the market development - measured by a comparable benchmark return.
The benchmark is a composite benchmark consisting of 1) 50% ICE BofAML BB-B European Currency High Yield Constrained Index (Hedged into SEK), and 2) 50% ICE BofAML BB-B US High Yield Constrained Index (Hedged into SEK).
If a Share Class is hedged to another currency than the Reference Currency of the Sub-Fund, the benchmark is hedged to the Reference Currency of the Share Class. The Sub-Fund’s benchmark is not designed to promote ESG characteristics. Information on the methodology behind the calculation of the two benchmarks is available at www.ice.com.
Investment policy and specific restrictions
The Sub-Fund’s assets are primarily invested directly and indirectly in a portfolio of high-yield bonds issued by companies. The majority of the bonds will be rated below investment grade. The bonds involve a high credit risk. In principle, investments in currencies other than SEK will be hedged to SEK.
The Sub-Fund promotes, among other characteristics, ESG characteristics. In connection with the selection of assets, the Investment Manager makes an overall assessment of the Sustainability Risk of the investment. The assessment of Sustainability Risk is made on the basis of the individual company’s ESG profile and an assessment of the company’s ability to handle such risks. Information related to environmental and/or social characteristics is available in the Prospectus (SFDR RTS Art. 14(2)).
Please refer to the prospectus and to the KID of the Share Class before making any final investment decisions: https://jyskesicav.lu/en/about/download
Recommendation - This fund may not be appropriate for investors who plan to withdraw their money within 4 years of investment.