AXA WF EM SHT DUR BDS EC EURH OF

The fund seeks performance, in USD, from an actively managed short duration emerging debt securities portfolio whose carbon footprint, measured as carbon intensity, is at least 30% lower than that of the index composed of 75% J. P. Morgan Corporate Emerging Market Bond Index Broad Diversified + 25% J. P. Morgan Emerging Market Bond Index Global Diversified. As a secondary extra-financial objective, the water intensity of the portfolio aims also at being at least 30% lower than the Benchmark.The Sub-Funds objective to invest in lower carbon emissions intensive exposures than the Benchmark is not performed in view of achieving the long-term global warming objectives of the Paris Agreement.