PrivilEdge-JPM US Eq.B.E.PA USD/  LU0990494303  /

The Sub-Fund"s objective is to provide long term return in excess of the S&P 500 (the "Benchmark). The Sub-Fund is actively managed in reference to the Benchmark. The Benchmark is used for individual stock selection as well as for performance and internal risk indicators comparison. The Sub-Fund"s securities will generally be similar to those of the Benchmark but their allocations may differ. The Investment Manager may also select securities not included in the Benchmark in order to take advantage of investment opportunities. In addition, although the Investment Manager may maintain industry weights close to those of the Benchmark, weights of individual equities within specific industries will likely deviate from those of the Benchmark. Especially under a low volatility environment, the performance of the Sub-Fund may be close to that of the Benchmark. It mainly invests in equity securities issued by companies incorporated or exercising a major part of their business activities in the United States of America. In selecting the individual stocks, the Investment Manager is guided by its own fundamental analysis of companies. The Investment Manager emphasizes companies with above-average capital appreciation potential and favoring large caps companies. The result is a broadly diversified portfolio with generally more than 100 companies.

The Sub-Fund"s objective is to provide long term return in excess of the S&P 500 (the "Benchmark). The Sub-Fund is actively managed in reference to the Benchmark. The Benchmark is used for individual stock selection as well as for performance and internal risk indicators comparison.