The objective of the Sub-Fund is to outperform the Bloomberg Euro-Aggregate Treasury Index (LEATTREU Index) investing primarily in investment grade debt securities denominated in Euro. The Sub-Fund primarily invests (at least 60% of its net assets) in Euro-denominated government bonds rated investment grade but investing also in high yield issuers across the whole maturity range. The Sub-Fund duration is typically between 5 to 9 years. The Sub-Fund may invest up to 30% of its net assets in Money Market Instruments and bank deposits. It may also hold up to 40% of its net assets in government agencies, local authorities, supranational, corporate bonds having Investment Grade Credit Rating, denominated in Euro. The portfolio is actively managed, with the investment strategy structured around three key pillars. First, the management of portfolio duration is conducted on a relative basis compared to the Benchmark. Second, the strategy involves-positioning across various segments of the yield curve to capture opportunities arising from interest rate movements. Third, the allocation of exposures is diversified across different countries to enhance risk-adjusted returns and geographic balance.