AZ Equity - Small Cap Europe FoF A-AZ FUND (ACC)/  LU0262753857  /

The investment target of the Sub-fund is to achieve long-term capital growth. The Sub-fund is a fund of funds which aims to achieve its investment objective by actively managing a portfolio primarily made up of units of UCITS and/or of other UCIs whose objective is to invest in equities issued by companies which have their head office and/or do the majority of their business in Europe, with a particular focus on small and mid-cap companies. The Sub-fund invests between 50% and 100% of its net assets in units of UCITS and/or of other UCIs. The Sub-fund indirectly invests at least 80% of its net assets in equities. The Sub-fund takes indirect exposure by investing in the units of UCITS and/or of other UCIs or derivatives based on equities and/or equity indices. The Sub-fund invests at least 55% of its net assets in units of UCITS and/or of other UCIs investing in equities issued by European small and/or mid-cap companies. The Sub-fund may invest up to 45% of its net assets in units of UCITS and/or of other UCIs investing in equities issued by non-European small and mid-cap companies, including up to 20% of net assets in emerging markets. The Sub-fund uses the main derivative financial instruments for investment purposes in order to implement its investment policy and/or for hedging purposes. The Sub-fund aims at maintaining a leverage effect lower than 250%, calculated on the total of all derivative financial instruments' notional amounts.

The investment target of the Sub-fund is to achieve long-term capital growth. The Sub-fund is a fund of funds which aims to achieve its investment objective by actively managing a portfolio primarily made up of units of UCITS and/or of other UCIs whose objective is to invest in equities issued by companies which have their head office and/or do the majority of their business in Europe, with a particular focus on small and mid-cap companies.