DNCA Invest - Global New World AD2/  LU2217652903  /

The investment objective of the Sub-Fund is to seek performance by taking advantage of developments in the equity markets without geographical constraint (including emerging markets) which benefit from the digital transformation of industries and society, over the recommended investment term of 5 years. In this context, the Sub-Fund implements active conviction management by selecting companies eligible to the investment theme. These companies are chosen for their quality of global or local leaders on their respective markets analyzed through the systematic integration of environmental, social / societal and governance (ESG) criteria (such as energy consumption, CO2 emission), or even ethical practices of society. The investment strategy is based on active and discretionary management style. The Sub-Fund promotes environmental and/or social characteristics within the meaning of Article 8 of SFDR. The Sub-Fund invests at least 75% of its net assets in shares of companies occupying a position of global or local leader in their markets and operating in the technology sectors, in sectors benefiting from growing digitalization and technological innovations. Additional information on SRI strategy may be obtained in the prospectus of the Sub-fund. The Sub-Fund may at any time invest in: equities without geographical constraint (including emerging markets) and of all sizes of capitalization (including small and mid-capitalization): from 75% to 105% of its net assets (directly or through UCITS and/or other UCIs), fixed income securities and money market instruments from issuers of the public or private sector having their registered office in Euro zone countries, depending on market opportunities, and having at the time of the purchase a Standard & Poor's rating of at least A3 short term rating or A- long-term rating, or being considered as equivalent by the Management Company using similar criteria, or through bonds and money market funds: up to 15% of its net assets, deposits: up to 25% of its net assets, other financial instruments (within the meaning of Article 41 (2) a) of the Law) up to 10 % of its net assets. Up to 20% of its net assets, the Sub-Fund may also invest in equities called "A-Shares" issued by companies having their registered office in the People"s Republic of China, listed in local currency (Renminbi) and available through the Shanghai-Hong Kong Stock Connect Program or through the Shenzhen-Hong Kong Stock Connect Program or through the RQFII/QFII. The Sub-Fund can be exposed to all currencies other than the Euro, bringing the exchange risk to 105% maximum of its net assets. The Sub-Fund may invest up to 10% of its net assets in units and/or shares of UCITS and/or other UCIs and/or regulated AIFs open to non-professionnal investors and/or ETFs. In order to achieve the investment objective, the Sub-Fund may also invest in equities or related financial derivative instruments as well as in convertible bonds, warrants and rights which may embed derivatives, for the purpose of hedging or increasing equity and currency exchange risk without seeking overexposure. The Sub-Fund is actively managed and uses the benchmark, MSCI All Countries World Net Return Index, as a universe from which securities may be selected (it being noted that the investment universe is not constrained by the components of the benchmark), for the calculation of the performance fee and performance comparison purposes. This means the Management Company is taking investment decisions with the intention of achieving the Sub-Fund"s investment objective, this may include decisions regarding asset selection and overall level of exposure to the market. The Management Company is not in any way constrained by the benchmark in its portfolio positioning. The deviation from the benchmark may be complete or significant. The reference benchmark does not intend to be consistent with the environmental or social characteristics promoted by the Sub-Fund.

The investment objective of the Sub-Fund is to seek performance by taking advantage of developments in the equity markets without geographical constraint (including emerging markets) which benefit from the digital transformation of industries and society, over the recommended investment term of 5 years. In this context, the Sub-Fund implements active conviction management by selecting companies eligible to the investment theme. These companies are chosen for their quality of global or local leaders on their respective markets analyzed through the systematic integration of environmental, social / societal and governance (ESG) criteria (such as energy consumption, CO2 emission), or even ethical practices of society.