KBC Participation Corporate Bonds Responsible Investing aims to generate a potential return by investing two-thirds of its assets in euro-denominated bonds issued by companies that operate in a responsible way. If investments are also made in non-euro-denominated assets, at least 95% of the foreign exchange risk is hedged. The fund invests directly or indirectly in bonds and debt instruments issued by companies, governments, supranational institutions and government agencies that have an investment grade* credit rating* from Standard & Poor's, Moody's or Fitch, and/or in government bonds issued in local currency and nonsubordinated corporate bonds* that do not have a rating from the above rating agencies but where the issuer has been assigned an investment grade rating by at least one of the above rating agencies. The bonds and debt instruments can have different life spans. Within the limitations described above, the fund pursues responsible investing objectives based on a dualistic approach: a negative screening and a positive selection methodology. The negative screening entails that the fund may not invest in assets of issuers that are excluded based on exclusion criteria (however, specific turnover tresholds apply, for example, to tobacco, gambling activities and weapons). More information on the exclusion policy can be found at https://www.kbc.be/retail/en/legal-information/investment-legal-documents.html> Exclusion policy for Responsible Investing funds. The positive selection methodology is a combination of portfolio targets and supporting sustainable development. Portfolio targets are based on a reduction in greenhouse gas intensity and an improvement in ESG characteristics versus its benchmark. Sustainable development is supported by investing in bonds that finance green and/or social projects and in companies contributing to the UN Sustainable Development Goals. More information on the positive selection methodology and the concrete goals of the fund can be found at https://www.kbc.be/retail/en/legal-information/investment-legal-documents.html> Investment policy for Responsible Investing funds and in the annex to the prospectus for this fund. KBC Participation Corporate Bonds Responsible Investing is actively managed with reference to the following benchmark: iBoxx Euro Corporates - Total Return Index. 

However, is not the aim of the fund to replicate the benchmark. The composition of the benchmark is taken into account when compiling the portfolio. In line with its investment policy, the fund may not invest in all the instruments included in the benchmark. When compiling the portfolio, the manager may also decide to invest in instruments that are not included in the benchmark, or indeed not to invest in instruments that are included.

  
Fees
 

IMPORTANT! This information contains marketing material and does not constitute investment consultation, advice, investment research or investment recommendation and should not be treated as such. The information is valid at the date of its issue and may change in the future. The value of the units of the collective investment schemes changes over time and may be higher or lower than the value at the time of the investment. No profits are guaranteed and there is a risk for investors not to refund the full amount invested. Therefore, it is advisable for investors to get acquainted with the specifics of the financial instruments in which they wish to invest and to assess how appropriate they are to meet their investment objectives and risk appetite before making an investment decision. The offered investment product concerns the purchase of units in a fund rather than any instruments, in which the respective fund invests in. Investments in collective investment schemes, offered by UBB, are guaranteed by the Investor Compensation Fund, amounting to 90% of the value of all financial instruments held by the investor in UBB, but not more than ЕUR 20 000/BGN 40 000. Please, read the Key Investor Information Document and the Prospectus before investing. Upon request, you can receive a paper copy of these documents, free of charge, at all UBB branches, within their normal working hours with clients. Full and up-to-date information about the funds, offered by UBB, can be found at www.ubb.bg, in the section "Savings and Investments", on the website of KBC Asset Management NV - Branch  www.ubbam.bg, as well as in the UBB branches, where you can get a personalized investment advice. A summary of your rights as an investor is available at the following hyperlinks, in Bulgarian: 11074.pdf (ubbam.bg) and in English: 11365.pdf (ubbam.bg).