BNP PARIBAS COMFORT EQUITY DIVIDEND EUROPE Classic Distribution/  LU0233247419  /

The Fund belongs to the category of fund of funds. It seeks to increase the value of its assets over the medium term by investing primarily in capitalization shares of other funds that primarily invest in shares issued by European companies or companies operating in Europe, which distribute dividends higher than the average in such markets. The selection of each fund goes through a rigorous process including quantitative and qualitative research to identify the ones that best meet pre-defined selection criteria, including historical performance, investment style, risk profile and consistency of the investment philosophy. The end result is a diversified portfolio of approximately 20 funds offering a broad distribution of risks across countries, sectors, investment styles and market capitalizations. The Fund is actively managed, and as such aims at outperforming the index MSCI Europe (NR) (the "benchmark"). Although neither the Fund nor its underling"s funds intend to track the benchmark, investors should be aware that, due to the diversified exposure obtained through the fund-of-funds approach, the Fund"s volatility is automatically reduced and therefore may, from time to time, be comparable to the volatility profile of the benchmark. A dividend may be distributed. Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.

The Fund belongs to the category of fund of funds. It seeks to increase the value of its assets over the medium term by investing primarily in capitalization shares of other funds that primarily invest in shares issued by European companies or companies operating in Europe, which distribute dividends higher than the average in such markets.