ODDO BHF Euro Credit Short Duration
ODDO BHF Euro Credit Short Duration : The income of short maturity bonds
The fund seeks to generate high level of income and capital growth for investors
unwilling to take on the level of credit spread and interest rate risk that a standard
credit portfolio involves. The fund is truly positioned in the short-term
category, mainly invested in debt securities with a remaining maturity of below
4 years. It invests in euro-denominated investment-grade and 20% minimum in high-yield
non-financial corporate bonds rated at least B- / B3.