Sectorial split

Not available

Factsheet

SRRI risk indicator ²

Investment policy

* The Fund aims to outperform its reference indicator over a period exceeding five years. * The reference indicator is the MSCI EM NR (USD) calculated with net dividends reinvested (Morgan Stanley Emerging Markets index). * At least 60% of the Fund's net assets are exposed to international equity markets, with a significant allocation to emerging countries, through direct security investments or through derivatives. The assets may also consist of fixed income securities, debt securities or money market instruments denominated in euro or other currencies as well as variable rate bonds. Up to 40% of the assets may be invested in fixed income products for the purpose of risk diversification in the event of expected negative movements in equities. The Fund may also invest up to 30% of its net assets in Chinese domestic securities. * The decision to buy, hold or sell debt securities will not automatically and solely depend on their rating but also an internal analysis based mainly on return, credit rating, liquidity and maturity criteria. * The manager may use Relative Value strategies as performance drivers, looking to take advantage of the relative value between different instruments. * The Fund has a socially responsible management approach, and integrates environmental, social and governance criteria in the selection of securities. Other information: * The Fund uses futures and options for hedging or arbitrage purposes, and/or to expose the portfolio to the following risks (directly or via indices): currencies, bonds, equities (all categories of capitalisation), ETFs, dividends, volatility, variance (the latter two categories for up to 10% of net assets) and commodities (up to 20% of assets). The derivatives available are options (vanilla, barrier, binary), futures and forwards, swaps (including performance) and CFDs (contracts for difference) on one or more underlyings. Overall exposure to derivatives is controlled by combining expected gearing of 2 with the Fund's VaR limit, which must not be more than double the reference indicator's. * Up to 10% of the net assets may be invested in contingent convertible bonds (?CoCos?). CoCos are regulated subordinated debt instruments that are complex, but consistent in nature. * The Fund may invest up to 10% of its net assets in units or shares of investment funds. * This Fund may not be suitable for investors planning to withdraw their investment within five years. * Investments may be redeemed each business day on request. Subscription and redemption requests are centralised on each NAV calculation and publication day before 18:00 CET/ CEST and are executed on the next business day using the previous day's NAV. * This unit is an accumulation unit.