Cobas LUX SICAV - Palm Harb.Gl.Val.Fd.F/  LU1935059029  /

The Sub-Fund seeks to provide principal preservation and long-term capital appreciation by offering an exposure to global equities and equity related securities. The Sub-Fund normally invests in the common stocks of companies with, in the Investment Manager's opinion, a sustainable competitive advantage. The Sub-Fund is actively managed. The Sub-Fund has no benchmark index and is not managed in reference to a benchmark index. The choice of investments will neither be limited by geographical area (including emerging markets), nor by economic sector, nor in terms of market capitalization, nor currencies in which investments will be denominated. However, depending on financial market conditions, a particular focus can be placed in a single country (or some countries) and/ or in a single market capitalisation and/or in a single currency and/or in a single economic sector. Within the limits set-out below, the Sub-Fund can be invested to up to 49% of its net assets in any other eligible assets, other than those above-mentioned, such as debt securities of any type, structured products, money market instruments, cash and cash equivalents, UCITS and Other UCIs.

The Sub-Fund seeks to provide principal preservation and long-term capital appreciation by offering an exposure to global equities and equity related securities. The Sub-Fund normally invests in the common stocks of companies with, in the Investment Manager's opinion, a sustainable competitive advantage. The Sub-Fund is actively managed. The Sub-Fund has no benchmark index and is not managed in reference to a benchmark index.