AMSelect PICTET Global Multi Asset Classic Capitalisation/  LU2702305470  /

The Fund is actively managed. The benchmark, made of 30 % of the MSCI All Country World and 70% of the Bloomberg Global Aggregate Excluding Securitized Index Hedged in Euro, is used for performance comparison only. The Fund is not benchmark constrained and its performance may deviate significantly from that of the benchmark. The Fund seeks to increase the value of its assets over the medium term by investing globally in equity, debt and short term securities, of both corporate and governmental issuers. The universe includes developed, emerging countries and High Yield fixed income. The Fund may also invest in, or be exposed to, the following asset classes up to the percentages of assets indicated : Equity (50%), Below investment grade bonds (non-emerging countries) 20%, Emerging market bonds (30%), Non-rated bonds (10%), Convertible bonds (15%), including contingent convertible bonds up to 10% (used for diversification or for seeking additional returns),Investment grade securitised products (20%), UCITS and other UCIs (10%). The sub-fund does not invest in securities rated below CCC+, as well as in distressed securities at moment of purchase. Any portfolio security that falls below the sub-fund's minimum credit criteria will be sold if it is in the interest of the shareholders. The Fund uses uses a risk-managed approach to seek additional performance opportunities, and pursues a flexible asset allocation strategy (bottom-up and top-down approach).

The Fund is actively managed. The benchmark, made of 30 % of the MSCI All Country World and 70% of the Bloomberg Global Aggregate Excluding Securitized Index Hedged in Euro, is used for performance comparison only. The Fund is not benchmark constrained and its performance may deviate significantly from that of the benchmark. The Fund seeks to increase the value of its assets over the medium term by investing globally in equity, debt and short term securities, of both corporate and governmental issuers. The universe includes developed, emerging countries and High Yield fixed income.