Stone Harbor High Yield Emerging Markets Corporate Debt Fund - I USD ACC Fonds

The Fund mainly aims to grow the value of your investment and also to provide you with high current income. The Fund invests at least 70% of its assets in high-yield fixed income securities, such as bonds issued by business organizations that are based in, or do most of their business in, or make most of their profit in, or have most of their assets in, emerging market countries (countries that are still developing their economies) or whose securities are mainly traded on the emerging market country's securities markets. A rating agency gives an investment a below investment grade rating when it believes that there is a relatively high risk that the issuer of a bond will be unable to make payments under the bond. The Fund will mainly invest in Asia, Africa, the Middle East, Latin America and the developing countries of Europe. The Fund may use derivatives (i.e., instruments whose value is determined by changes in the value of the underlying asset they represent) for investment purposes or in order to manage the Fund more efficiently (e.g., reducing risks or costs or generating additional growth or income). The Fund can invest in cash and instruments that can be readily converted into cash, such as money market instruments. The Fund may invest in other types of eligible investments which are disclosed in 'Investment Objectives and Policies' of the Fund's prospectus. Fund performance may be compared to the JPM CEMBI Broad Diversified High Yield. The benchmark is indicated for information purposes only as the Fund does not intend to track a benchmark. Fund performance and holdings can deviate from the benchmark.