Objective
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The Sub-Fund is a feeder fund investing all or substantially all of its assets in the Global High Yield Portfolio (“underlying scheme”), a portfolio under AB FCP I, a mutual investment fund (fonds commun de placement) that is qualified as a UCITS under the laws of Luxembourg and authorised by the SFC.
The investment objective of the underlying scheme is to produce high current income as well as overall total return by investing primarily in a portfolio of high yielding debt securities of issuers located throughout the world, including U.S. issuers and issuers in emerging market countries.