Asset A EUR AD (D)

To achieve a combination of income and capital growth (total return) through investment in Sustainable Investments pursuant to Article 9 of the Disclosure Regulation. Specifically, the sub-fund aims to contribute to reducing the carbon footprint of the portfolio. The Sub-Fund invests at least 67% of assets in equities, bonds and convertible bonds around the world, including in emerging markets. The Sub-Fund may also invest up to following percentages of net assets in: money market instruments and deposits, 33%; asset-backed securities (ABS), 10%; UCITS/UCIs, 10%. The Sub-Fund's exposure to commodities, real estate and convertible bonds is each limited to 10% of net assets. The Sub-Fund makes use of derivatives to reduce various risks, for efficient portfolio management and as a way to gain exposure (long or short) to various assets, markets or other investment opportunities (including derivatives which focus on credit, equities, interest rates and foreign exchange). Benchmark : The Sub-Fund is actively managed and seeks to outperform the Euro Short Term Rate Index (ESTER) (the "Benchmark") by 5% over the recommended holding period, while offering controlled risk exposure. The Sub-Fund may use a benchmark a posteriori as an indicator for assessing the Sub-Fund's performance and, as regards the performance fee benchmark used by relevant share classes, for calculating the performance fees. There are no constraints relative to any such Benchmark restraining portfolio construction. The Sub-Fund has designated a composite index [Climate Change Index + 15% MSCI USD IG Climate Change Corporate Bond Index + 15% MSCI EUR IG Climate Change Corporate Bond Index + 5% MSCI USD HY Climate Change Corporate Bond Index + 5% MSCI EUR HY Climate Change Corporate Bond Index] as a reference benchmark for the purpose of the Disclosure Regulation. Management Process : The Sub-Fund's investment team analyses macroeconomic trends, asset valuations and risk factors attractivness to identify investment strategies that appear likely to offer the best risk-adjusted returns, as well as their ESG, in particular carbon intentsity charcteristics. The investment team then constructs a highly diversified portfolio which can be flexibly adapted to market movements with a view to operating sustainable performance. This may involve taking both strategic and tactical positions as well as arbitrage on any equity, interest rate and currency markets.The sustainable investment objective is attained by aligning the carbon footprint reduction objectives of the fund with the composite index 60% MSCI ACWI Climate Change Index + 15% MSCI USD IG Climate Change Corporate Bond Index + 15% MSCI EUR IG Climate Change Corporate Bond Index + 5% MSCI USD HY Climate Change Corporate Bond Index + 5% MSCI EUR HY Climate Change Corporate Bond Index. (the “Index”). The portfolio carbon footprint intensity is calculated as an asset weighted portfolio average and compared to the asset weighted carbon footprint intensity of the Index. The Sub-Fund seeks to achieve an ESG score of its portfolio greater than that of its investment universe. The accumulation share automatically retains, and re-invests, net investment incomes within the Sub-Fund when the distribution share pays dividends in September of each year. The minimum recommended holding term is 5 years. Shares may be sold or redeemed (and/or converted) on any dealing day (except otherwise stated in the prospectus) at the respective dealing price (net asset value) in accordance with the articles of incorporation. Further details are provided in the prospectus of the UCITS