AXA Carb Trnstn Glb Shrt Dur Bd ZI £ Acc 

The aim of this Fund is to: (i) generate an income return combined with any capital growth (net of fees) over a period of three years or less; and (ii) keep its weighted average carbon intensity (WACI) lower than the ACD’s carbon emissions benchmark (the Emissions Benchmark). The Fund invests at least 80% of its Net Asset Value in bonds (including index-linked bonds) with at least 70% of this investment being in bonds with shorter expected maturities (five years or less) and money market instruments, issued by governments and companies diversified globally (including emerging markets), with the aim of reducing the effect of fluctuations in interest rates and market volatility while generating an income return.