LUXEMBOURG SELECTION FUND - Active Solar Anteilsklasse I USD/  LU2247605152  /

The Sub-Fund's investment objective is to achieve long-term capital growth. The Sub-Fund aims to achieve this by investing at least two-thirds of assets in shares of companies which are primarily active in the solar sector. The Sub-Fund has a sustainable environmental objective of Climate Change Mitigation. The Sub-Fund aims to invest in the best companies within the solar sector based on a detailed fundamental analysis and on the exclusion of companies with material ESG risk in respect to the indicators detailed in the prospectus. On implementation of the fund strategy, investment managers do not limit themselves to one individual technology or a single market, but rather seek to identify the leaders in each segment and each step of the Solar PV value chain. In order to reach the net zero carbon emission objective, greenhouse gas emissions of investee companies will be measured and will need to decrease over time to reach net zero by 2040. The sub-fund uses securities financing transactions in the form of securities lending for efficient portfolio management purposes. The Sub-Fund is actively managed. In order to calculate the performance fee, the Sub-Fund compares its performance to the benchmark MSCI WORLD NET TOTAL RETURN USD INDEX. The performance fee will be paid regardless of whether the reference benchmark index itself has positive or negative performance.

The Sub-Fund's investment objective is to achieve long-term capital growth. The Sub-Fund aims to achieve this by investing at least two-thirds of assets in shares of companies which are primarily active in the solar sector. The Sub-Fund has a sustainable environmental objective of Climate Change Mitigation. The Sub-Fund aims to invest in the best companies within the solar sector based on a detailed fundamental analysis and on the exclusion of companies with material ESG risk in respect to the indicators detailed in the prospectus.