Asset Stability Privilege EUR Acc

This Fund is actively managed. The composite benchmark 75% Bloomberg Euro Aggregate index + 25% MSCI AC World (EUR) index is used for performance comparison only. The Fund is not benchmark constrained and its performance may deviate significantly from that of the composite benchmark. The Fund seeks to increase the value of its assets over the medium term by investing directly and/or indirectly (through funds) in bonds, or shares of issuers chosen given their practices in terms of sustainable development (social responsibility and/or environmental responsibility and/or corporate governance). The Fund will be managed against the model portfolio (25% equities, 75% bonds, with a minimum of 50% in fixed income). The manager can change the actual asset class weightings based on market conditions and forecasts. The investment team applies also BNP PARIBAS ASSET MANAGEMENT’s sustainable Investment Policy, which takes into account Environmental, Social and Governance (ESG) criteria such as but not limited to reduction of emissions of greenhouse gas, respect of human rights, respect of minority shareholders rights, at each step of the investment process of the Fund. The Fund invests directly or indirectly (through funds, i.e. UCITS, UCIs, or ETFs) at least 90% of its assets (excluding investments in cash and cash equivalents) in securities selected based on the best-in-class approach and sustainable thematic approach. An extra-financial strategy may comprise methodological limitations such as the ESG Investment Risk as defined by the asset manager. Incomes are systematically reinvested. Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.