Sparinvest SICAV - Global Value EUR R/  LU0138501191  /

The Fund, by using the value approach for the stock selection, aims at providing a positive return over the long term. The Fund invests at least 2/3 of its total net assets in developed markets equity securities and/or equity equivalent securities (such as ADR/GDR) and up to 1/3 of its total net assets in developed markets convertible securities and/or warrants on transferable securities. The Fund may, to a limited extent, invest in other transferable securities, and/or in liquid assets and/or in regularly traded money market instruments with a residual term of a maximum of 12 months and/or in fixed income transferable securities. The Fund can hold up to 15% in cash. There is no limitation in terms of currency of investments. Environmental and social characteristics as well as good governance of the companies invested into are taken into consideration when making investment decisions.

The Fund, by using the value approach for the stock selection, aims at providing a positive return over the long term.