Stable Return Fund HM GBP

The fund's objective is to provide shareholders with investment growth and achieve relatively stable income. In actively managing the fund's portfolio, the management team uses a risk-balanced and dynamic asset allocation process, with a focus on bonds and equities. The team also takes both long and short positions and manages currencies actively. PAI is taken into consideration as part of the investment process. The fund mainly invests, directly or through derivatives, in equities as well as various other asset classes such as bonds, money market instruments and currencies from anywhere in the world. Specifically, the fund may invest in equities and equity-related securities, debt securities and debt-related securities and money market instruments. The fund may invest in, or be exposed to up to 10% of its total assets in asset-and mortgage-backed securities. The fund may be exposed (through investments or cash) to other currencies than the base currency. The fund may use derivatives and other techniques for hedging (reducing risks), efficient portfolio management and to seek investment gains. The fund may extensively use financial derivatives to implement the investment policy and achieve its target risk profile. A derivative is a financial instrument which derives its value from the value of an underlying asset. The use of derivatives is not cost or risk-free. The fund is promoting environmental and/or social characteristics as per Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR). Further information regarding the way the fund takes environmental and/or social criteria into account is available in the fund's prospectus and accessible via nordea.lu. The fund is subject to Nordea Asset Management's responsible investment policy. Any investor may redeem its shares in the fund on demand, on a daily basis. This fund may not be appropriate for investors who plan to withdraw their money within a period of 3 years. The fund uses the EURIBOR 1 M for performance comparison only. The fund's portfolio is actively managed without reference or constraints relative to its benchmark. The fund uses a benchmark which is not aligned with the environmental and social characteristics of the fund. This share class may pay out distributions once a month as per decision of the board of directors. The fund is denominated in EUR. Investments in this share class settle in GBP. This share class seeks to largely protect its performance against the EUR/GBP fluctuations. This is a currency hedged share class and seeks to hedge the NAV, expressed in the fund's base currency, to the currency of the share class. It is important to note that the hedge is not perfect, especially during times of market volatility. Mainly due to interest rate differentials and costs associated with performing the hedging activity the currency hedged share may have a somewhat different performance to the equivalent share class in the base currency.