ODDO BHF Global Credit Short Duration
ODDO BHF Global Credit Short Duration : The income of short maturity bonds
The fund seeks to generate a high level of income and capital growth. To achieve its objective the fund invests mainly (min. 75%) in global debt securities with a remaining maturity of no more than 5 years. The rating of the bonds may be either investment grade or high yield with a minimum rating of at least B3 or B. Any currency related risk will be hedged back into Euro with a maximum residual exposure of 5% remaining.