The objective of the investment direction is to generate returns for investors through investments in a diversified portfolio of bonds primarily denominated in euros and meeting investment-grade criteria. It may include government bonds, corporate bonds, and other fixed-income securities in and outside the Eurozone. 
 
This investment direction may suit income-oriented investors with a conservative to moderate risk tolerance and those with a medium to long-term investment horizon. It may appeal to those seeking lower risk and more predictable returns compared to equities. It is also well-suited for investors seeking risk management and diversification of their portfolio by incorporating a variety of asset classes, such as a mix of equities and bonds. Though bonds do not guarantee capital preservation, they are generally considered less volatile than equities, therefore including bonds into portfolio contribute to risk mitigation during market downturns and provide a balance between stable income and growth potential. 
 
The present investment object of the investment direction, allocated at 100%, is the BGF Euro Bond I2 Fund (ISIN: LU0368229703), chosen as one of the leading funds in its category. [From 23 February 2024: The fund promotes environmental or social characteristics, without having as its objective a sustainable investment.] For more information about the fund, you can visit the fund manager's website [here] or the Morningstar analyst website [here].