Generali Investments Sicav Euro Short Term Bond - BX EUR ACC Fonds

The objective of the Fund is to outperform its Benchmark investing in quality short term debt securities denominated in Euro. The Fund shall invest at least 70% of its net assets in in debt securities and money market instruments denominated in Euro. The Fund shall invest at least 70% of its net assets in in money market instruments, floating rate notes and fixed income securities (including at least 60% of its net assets in government bonds) having Investment Grade Credit Rating. Investment Grade Credit Rating is credit rating from AAA to BBB- for Standard & Poors or from Aaa to Baa3 for Moody's or from AAA to BBB- for Fitch or an equivalent credit rating by a recognised credit rating agency or an equivalent credit rating as deemed by the Investment Manager. The Fund may invest up to 30% of its net assets in bank deposits. None of the total assets of the Fund shall be invested in convertible bonds, equities and other participation rights. The average maturity of the Fund's portfolio shall not exceed one year and the residual maturity of each investment may not exceed three years.