▫ Past performances are no guarantee of future performances. Performance ratings are provided for indicative purposes and are assessed at the end of the recommended investment period. Performance calculations are made with net coupons reinvested.

▫ The value of your investments and any income from them may fall or rise and you may not get back the full amount you invested.

▫ The value of debt securities may change significantly depending on the economic and interest rate conditions, as well as the credit worthiness of the issuer. These risks are typically higher in emerging market andbelow investment grade debt securities.

▫ In addition, emerging markets may be subject to increased risks, including less developed custody and settlement practices, higher volatility and lower liquidity than non emerging market securities.

▫ Movements in currency exchange rates can adversely affect the return of your investment. The currency hedging that may be used to minimise the effect of currency fluctuations may not always be successful. Investors may have exposure to currencies other than the currency of their Share Class.

▫ Find further detailed risk information in the Prospectus’ Appendix “facteur de risque”.