BPI European Financial Equities Long/Short Fund I/  LU2351393082  /

The investment objective of the Sub-Fund is to provide investors with absolute return by primarily investing directly or indirectly in transferable securities. The Sub-Fund has the following investment strategy: the strategy consists of offering investors access to a portfolio composed of shares or similar transferable securities and fixed income instruments, issued by European companies within the financial sector (shares issued by companies such as banks, insurance companies and financial services firms with offices within Europe or whose shares, are listed on a European stock exchange), in which the return is driven by the relative performance of these shares or instruments and not with the absolute performance of their respective markets. To achieve the above, the strategy consists in the construction of a long portfolio (with long positions in shares and derivatives on shares or indices) and a short portfolio (with short positions obtained through derivatives). The Sub-Fund will implement a strategy that has a "market neutral" bias, as long and short positions imply positive and negative exposures to the equity market and will therefore neutralize the market returns, as the gain in the long/positive positions is mostly eliminated by the loss in the short/negative positions and vice-versa.

The investment objective of the Sub-Fund is to provide investors with absolute return by primarily investing directly or indirectly in transferable securities.