AXAWF GL INF SHR DUR BDS ACEUH OF

The objective of the fund is to seek performance of your investment, in USD, from an actively managed inflation-linked bond portfolio. The Sub-Fund is actively managed in reference to the Bloomberg World Govt Inflation-Linked 1-5 Yrs Hedged USD benchmark index (the Benchmark) in order to capture opportunities in the short duration inflation-linked bonds market. The Sub-Fund invests mainly in inflation-linked bonds with short duration issued in the OECD. The fund invests at least 90% of net assets in Investment Grade Securities and less than 10% in Sub-Investment Grade Securities.