GMM EMERGING MARKETS BOND FUND

The Investment Compartment’s investment objective is maximation of its total performance from capital increase, income from interest and foreign exchange profits, investing in a diversified portfolio of government and corporate bonds (fixed or/and floating rate) from issuers of emerging markets. Based on the average valuation of assets per calendar quarter, the percentage of Investment Compartment assets invested in deposits, T-Bills and bonds must be within the following ranges:

Bonds and T-bills : from 55% to 90%
Deposits : from 0% to 45%

The Investment Compartment aims at medium- to long-term investors with an investment horizon of over 3 years, willing at assume a low level of investment risk seeking to generate an income from interest, and to a lesser extent capital gains from added value, by investing in a diversified portfolio of high-rated treasury and corporate bonds.