Alken Global Convertible GB1H Class GB1H - Accumulation (Hedged)

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The objective of the portfolio is to provide capital growth capital growth and income by investing primarily in a globally diversified portfolio of Convertible and Exchangeable bonds. The Share Classis an actively managed strategy (without reference to a benchmark) and aims at investing in companies which have an attractive long-term value creation. At least 90% of its net assets (excluding cash, derivatives or any such non-applicable instruments) will promote E/S characteristics according to the investment process and to the policy of the Investment Manager Alken Asset Management Ltd. The Sub-Fund’s investment process is supported by a proprietary investment model which combines financial and non-financial analysis. Covering the four key ESG themes: environment, social, governance and human rights, the responsible investing approach is based on global criteria with quantitative and qualitative rating, recommendations and ranking of the companies, irrespective of their sectors, capitalizations, or financial ratings. The responsible investing approach assessment is based both on the asset manager’s proprietary ESG analysis and on information gathered from external ESG providers. The Share class will invest at least 67% of its net assets in convertible securities. Issuers of these securities may be located in any country, including emerging markets. These securities may consist and are not limited to warrants, convertible bonds, exchangeable bonds, convertible notes and convertible preference shares. The maximum proportion of ordinary shares held by the share class is 10% of the Net Asset Value. If the proportion of ordinary shares exceed 10% of the Net Asset Value as a result of a conversion or a corporate action, then the excess of shares above 10% should be sold in a timely manner in line with the underlying market liquidity. Generally, it is intended to sell the convertible securities before the conversion. The Share class may also invest up to 10% of its net assets in units/shares of UCITS and/or other UCIs or structured products (issued eligible instrument with a specific term sheet describing the principle of a capital guaranteed or a formula that identifies a pay-off, and using options on listed indices or listed securities). Debt securities, equity securities, cash and cash equivalents may be held on an ancillary basis. For hedging and for efficient management purposes, within the limits set out in the chapter ”Investment restrictions” of the prospectus of the Fund, the Share class may use all types of financial derivative instruments traded on a regulated market and/or over the counter (OTC) provided they are contracted with leading financial institutions specialized in this type of transactions and subject to regulatory supervision. These instruments may include, but are not limited to, futures, options, forward contracts on financial instruments and options on such contracts, swap contracts by private agreement and other fixed income, currency and credit derivatives. The Share class may ensure that its total commitment arising from financial derivative instruments, for purposes other than hedging, does not exceed 100% of its net assets.

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Type of payment:	Dividend
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This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.