Aegon US High Yield Bond - I USD ACC Fonds

The investment objective is to provide long term capital growth. The Fund will invest primarily in high yield corporate bonds and notes whose credit rating is rated below investment grade. The Fund may invest in financial derivative instruments for investment purposes and for the purposes of efficient portfolio management or hedging purposes. The benchmark of this fund is Bloomberg Barclays US High Yield 2% Issuer Cap Index (Hedged to Euro). The Fund is actively managed in relation to the benchmark. The degree of freedom from the benchmark is moderate This fund is actively managed. The Fund will seek to achieve its investment objective by investing at least 67% of its net assets directly in high yield corporate bonds, which may be at a fixed or floating rate and are rated by rating's agencies as set out below. The investment manager's strategy is to seek to achieve high returns for the Fund while maintaining an average high yield bonds risk profile. The bonds held by the Fund will be primarily denominated in USD, although some portfolio securities may be denominated in EUR or in the currency of another European country which is not a member of the Euro and are issued by US companies or institutions.