AXA IM Euro Credit PAB UCITS ETF EUR Dist

The Fund is actively managed in reference to the Benchmark. To achieve its investment objective, the Fund invests at least 90% of net assets in investment grade, EUR denominated, fixed and floating rate debt securities (rated at least BBB- by Standard&Poor's or equivalent ratings by Moody's or Fitch or, if unrated, judged equivalent to those ratings by the Investment Manager) that are issued by companies that are component securities of the Benchmark, excluding cash and cash equivalent. As a result, the Fund may invest in green, social, sustainability and sustainability linked bonds.