Anlageziel Muzinich Developed Markets High Yield Fund Hedged USD Accumulation R Units Fonds

The Fund seeks to generate attractive returns and protect capital. The Investment Manager seeks to meet its objective through the careful selection of publicly traded debt securities (including notes, such as floating rate short-term and medium-term notes, Contingent Convertible Securities and bonds) issued primarily by US and European corporate borrowers that, at the time of purchase, have a Moody’s or equivalent rating of at least B3, but typically less than A.