Anlageziel LO Funds IV - Asia Income 2023 (USD) PA Fonds

The Sub-Fund shall invest at least two-thirds (2/3rd) of its assets in bonds, other fixed or floating-rate debt securities and short-term debt securities of corporate, sovereign and/or supranational entities of Asian issuers or of entities incorporated or exercising a prominent part of their business activities in Asia, denominated in USD. At the discretion of the Portfolio Manager, the Sub-Fund may be fully invested, in accordance with the applicable diversification rules, in Cash and Cash Equivalents (including short-term ABS/MBS which may represent up to 10% of investments within Cash and Cash Equivalents). In particular, while approaching the Term, positions in Cash and Cash Equivalents will tend to grow.