ABANTE GL.FD.SPANISH OPPORTUNITIES A EUR/  LU0861897394  /

The Product aims to provide long-term capital growth, principally through investment in Spanish equity securities. The Product is actively managed through discretionary investments. The Product is not constrained by a benchmark. This Product will invest at least 75-100% of its total net assets in equities and equity-related securities which are mainly issued by issuers having their registered offices in Spain and listed on a recognized stock exchange or dealt on another Regulated Market. The Product will focus on securities that are undervalued by the market but without preference for any particular sector. Neither will preference be given to the level of capitalization of the companies. The rest of the total net assets will be invested in fixed income (preferably in public issuers), cash, deposits and money market instruments. The Product may use financial derivative instruments for hedging and investment purposes. On a temporary basis and if justified by exceptional market conditions, the Product may invest up to 100% of its net assets in Bank deposits. The investments underlying this Product do not take into account the EU criteria for environmentally sustainable economic activities.

The Product aims to provide long-term capital growth, principally through investment in Spanish equity securities. The Product is actively managed through discretionary investments. The Product is not constrained by a benchmark.