The investment objective is to achieve income and capital appreciation over a recommended holding period of 5 years by building a"buy and watch" diversified credit portfolio, which contributes to the European recovery and resilience, while integrating Environmental, Social andGovernance (E, S, and G - or, when taken together, ESG) criteria in the investment process. This Compartment will launch on 27 June 2024 or such earlier or later date as the Management Company may determine (the "Launch Date") and willmature on 31 December 2029 (the "Maturity Date"). The Compartment is mainly invested in Euro and US dollar-denominated bonds (including green bonds) issued by public (government, supranational,local/international public bodies) and private issuers incorporated, headquartered or having their principal business activities in the European EconomicArea (EEA) as well as in the UK and Switzerland. The Compartment invests at least 40% in securities rated "Investment Grade". The Compartment can be invested up to 60% of its assets in securities rated "Speculative Grade". The Compartment's investments may include, but are not limited to, subordinated bonds, senior bonds, preferred securities and perpetual bonds (within alimit of 25% of its assets for perpetual bonds). The Sub-Fund may invest up to 30% in corporate hybrid and subordinated bonds.