AZ Equity - America A-AZ FUND (ACC)/  LU0107998642  /

The Sub-fund's investment objective is to achieve medium to long-term capital growth. The Sub-fund aims to achieve its investment objective by actively managing a portfolio of equities issued by companies listed on North American markets. The Sub-fund invests at least 80% of its net assets, directly or indirectly, in equities issued by companies that have their head office and/or do the majority of their business in the United States. Indirect exposure to these companies is obtained by investing in financial derivatives based on equity and equities and/or equity indices. The Sub-fund may also invest up to 10% of its net assets in Canadian equities, and up to 10% of its net assets in equities of companies located outside of the North America. The Sub-fund may also invest up to 20% of its net assets in debt securities rated investment grade and money market instruments issued by governments and/or companies od developed countries.

The Sub-fund's investment objective is to achieve medium to long-term capital growth. The Sub-fund aims to achieve its investment objective by actively managing a portfolio of equities issued by companies listed on North American markets.