Manavest - US Flexible Equity USD/  LU1115414267  /

The Sub-Fund's investment objective is to achieve capital growth by holding a portfolio composed of at least 80% of its net assets in equity and equity related securities listed or traded on the US markets and regulated exchanges. The Investment Manager will target equity and equity related securities of mid-size and large-size companies, meaning with market capitalisations generally above 2 billion USD. Equity and equity related securities may include but are not limited to common stocks, depositary receipts, preferred stocks, convertible shares, other securities convertible into shares of common stocks and Real Estate Investment Trusts (REITs). The remaining assets may be invested in any other eligible assets, such as equity securities other than those above-mentioned, any type of worldwide debt securities (government or corporate), money market instruments, convertible bonds and investment funds / undertakings for collective investment (UCIs). However, the Sub-Fund will be subject to the following investment restrictions: - The Sub-Fund may also invest up to 10% of its net assets in each of the following: closed-ended REITs, below investment grade debt securities, asset backed securities or mortgage backed securities, high-yield bonds, units or shares of UCIs. - The Sub-Fund will not invest in distressed debt securities, defaulted debt securities or contingent convertible bonds. Aside from the investment policy of the Sub-Fund, the choice of investments will neither be limited by country (including emerging countries), economic sector, asset class nor currencies in which investments are denominated. However, depending on financial market conditions, a particular focus may be placed in a single currency and/or in a single economic sector.

The Sub-Fund's investment objective is to achieve capital growth by holding a portfolio composed of at least 80% of its net assets in equity and equity related securities listed or traded on the US markets and regulated exchanges.