To increase the value of your investment over time and to achieve a total return that is in line with that of emerging bonds denominated in hard currencies (as measured by the benchmark). The fund mainly invests in emerging market government bonds denominated in US dollar or another hard currency, and may invest significantly in below investment grade bonds. The fund generally favours direct investment but may at times invest through derivatives. Specifically, the fund normally invests at least 90% of total net assets in debt and debt-related instruments, including money market instruments, that are issued by issuers that are included in the benchmark. The credit rating and duration of securities are usually consistent with those of the benchmark. These investments may be below investment grade with some below B-/B3. The fund does not invest in asset-backed securities or contingent convertible bonds (coco bonds), but may be indirectly exposed to them (maximum 10% of total net assets). This Class of Unit protects you against the fluctuations between the investment currencies and Euro.