So investiert der AZ Fund 1 Global Unconstrained Bond Fund B-AZ FUND Acc Fonds: The Sub-fund aims to generate a combination of current recurring earnings and capital revaluation in the medium-long term. For this purpose, the Sub-fund invests – with no restrictions in terms of geographic area and/or sector – mainly (i.e. at least two thirds of the Sub-fund’s net assets) in bond financial instruments of issuers with credit ratings usually no lower than investment grade.