KBC Participation Corporate Bonds Responsible Investing UBB aims to generate a potential return by investing two-thirds of its assets in euro-denominated bonds issued by companies that operate in a responsible way. If investments are also made in non-euro-denominated assets, at least 95% of the foreign exchange risk is hedged. The fund invests directly or indirectly in bonds and debt instruments issued by companies, governments, supranational institutions and government agencies that have an investment grade* credit rating* from Standard & Poor's, Moody's or Fitch, and/or in government bonds issued in local currency and nonsubordinated corporate bonds* that do not have a rating from the above rating agencies but where the issuer has been assigned an investment grade rating by at least one of the above rating agencies. The bonds and debt instruments can have different life spans. Within the limitations described above, the fund pursues responsible investing objectives based on a dualistic approach: a negative screening and a positive selection methodology. The negative screening entails that the fund may not invest in assets of issuers that are excluded based on exclusion criteria (however, specific turnover tresholds apply, for example, to tobacco, gambling activities and weapons). More information on the exclusion policy can be found at https://www.kbc.be/retail/en/legal-information/investment-legal-documents.html> Exclusion policy for Responsible Investing funds. The positive selection methodology is a combination of portfolio targets and supporting sustainable development. Portfolio targets are based on a reduction in greenhouse gas intensity and an improvement in ESG characteristics versus its benchmark. Sustainable development is supported by investing in bonds that finance green and/or social projects and in companies contributing to the UN Sustainable Development Goals. More information on the positive selection methodology and the concrete goals of the fund can be found at https://www.kbc.be/retail/en/legal-information/investment-legal-documents.html> Investment policy for Responsible Investing funds and in the annex to the prospectus for this fund. KBC Participation Corporate Bonds Responsible Investing is actively managed with reference to the following benchmark: iBoxx Euro Corporates - Total Return Index. The product is aimed at retail investors who want to build up wealth and have an investment horizon of around 4 years.