Pictet EUR Short Term High

Yield HR USD

Fund Investment Objectives

The Fund will invest mostly in a diversified portfolio of second quality high-yield bonds and convertible bonds with a minimum rating equivalent to B-. The Fund will also invest in lower quality fixed income instruments denominated in EUR, with a maximum maturity of 6 years. The residual duration of the portfolio will not exceed 3 years. AUM reflects the aggregate of the various share classes and is reported in EUR.