PWM Fd.-Flexible Dynamic EUR A/  LU0081701939  /

The objective of the Sub-Fund is to enable investors to benefit from the general investment expertise of the Pictet Group by offering the possibility to invest directly or indirectly in a global balanced portfolio. The Sub-Fund will mainly offer exposure to the following two asset classes: - equities and equity related securities (such as depositary receipts (ADRs (American Depositary Receipt), GDRs (Global Depositary Receipt)), closed-ended Real Estate Investment Trusts (REITS)), and/or - all types of debt securities (including non-investment grade securities up to 40%), including Money Market Instruments. The Sub-Fund will mainly invest: - directly in the securities/asset classes mentioned in the previous paragraph, - in undertakings for collective investment (UCIs), having as main objective to invest or grant an exposure to the above-mentioned securities/asset classes, and/or - in any transferable securities (such as structured products) offering an exposure to the above-mentioned securities/asset classes.

The objective of the Sub-Fund is to enable investors to benefit from the general investment expertise of the Pictet Group by offering the possibility to invest directly or indirectly in a global balanced portfolio.