Zurich Life Dimensional Euro Inflation-Linked Fixed Income

The EURO INFLATION LINKED INT. FI FUND (EUR, ACC.) seeks to provide inflation-protected intermediate-term fixed income returns. It is an actively managed bond fund, so the portfolio manager chooses investments rather than simply tracking an index. The fund is designed to focus on inflation-linked bonds, which are securities whose payments are linked to inflation so their value may respond differently when prices rise.

The EURO INFLATION LINKED INT. FI FUND (EUR, ACC.) is aimed at inflation-protected returns, which makes it different from a plain bond fund that may not have that protection. Its inflation-protected bonds may react differently to yield changes than other bonds. That means the fund may behave differently when interest rates move, because yields and prices often move in opposite directions for bonds.

The EURO INFLATION LINKED INT. FI FUND (EUR, ACC.) carries risks including interest rate risk, credit risk, liquidity risk, market risk, and counterparty risk. It can also be affected by international, political, and economic risks, especially because it invests abroad and can be concentrated in a single country or region. Counterparty risk means a trading partner or contract counterparty could fail to meet its obligations.

Yes. The EURO INFLATION LINKED INT. FI FUND (EUR, ACC.) has geographic allocation to France and Germany. Concentration in a single country or region can make a fund more affected by local conditions or events, which is why regional exposures matter to investors.

Yes, the EURO INFLATION LINKED INT. FI FUND (EUR, ACC.) can use derivatives. They may be used to hedge risks such as currency fluctuations, but their effectiveness is not guaranteed. Derivatives can also add leverage and other risks, which means losses can be amplified relative to the amount invested.