Barings Global Investment Grade Credit Fund - G USD ACC Fonds

The Fund will seek to achieve its investment objective by investing at least two-thirds of its Net Asset Value in a diversified portfolio of Investment Grade fixed and floating rate corporate debt instruments and government debt instruments globally. The investment universe of the Fund includes bonds, notes, debentures, obligations, fixed income instruments that are listed or traded on Recognised Markets in developed and emerging markets and as outlined in Appendix B of the Prospectus. The Fund also invests to a lesser extent in other fixed and floating rate fixed income instruments that are issued by non-corporate issuers, government bonds and treasury obligations, fixed income instruments issued by city, state or local governments, agencies, municipal bonds, supranational entities, government sponsored enterprises and quasi sovereigns, emerging markets sovereign issues and Eurobonds. The investment universe of the Fund includes fixed income instruments which may be secured or unsecured, and, senior or subordinated. The Fund is permitted to invest in debt instruments issued in currencies other than US Dollar. The Fund will generally seek to substantially hedge the currency exposure to USD arising from these non-USD assets. The Fund is permitted to invest to a lesser extent in securitised assets including collateralized loan obligations ('CLOs'), asset-backed securities ('ABS'), commercial and residential-mortgage-backed securities ('CMBS' and 'RMBS'). Exposure to CLOs shall be limited to 10% of Net Asset Value. For the avoidance of doubt, the Fund may invest in Investment Grade and Sub-Investment Grade securitised assets.