Protea Fund - Veritas Core Equity With Fixed Income A/  LU1883345123  /

The Sub-Fund's objective is to protect and grow the purchasing power of investors' capital over the long term. The Sub-Fund promotes certain environmental and/or social characteristics. The investment process integrates Environmental, Social and Governance (ESG) aspects based, firstly on the investment manager view and, secondly on third-party research (such as ESG ratings from third party providers). The Sub-Fund is actively managed. The Sub-Fund has no benchmark index and is not managed in reference to a benchmark index. The return of the product is determined using the Net Asset Value (the 'NAV') calculated by the Central Administration. This return depends mainly on the market value fluctuations of the underlying investments as described below. The Sub-Fund will mainly invest in equities and equity related securities (such as depositary receipts). On an ancillary basis, the Sub-Fund may invest in any other type of eligible investments, including but not limited to structured products, debt securities of any type (including money market instruments), undertakings for collective investment (UCIs) or cash. The choice of investments will not be limited by geographical area (including emerging markets), economic sector or the currency in which investments will be denominated. However, depending on financial market conditions, a particular focus may be placed on a single country (or some countries) and/or on a single currency and/or on a single economic sector. However, the Sub-Fund will not invest more than 10% of its net assets in each of the following of assets: UCIs, closed-ended collective real estate investments (such as closed-ended REITs), non-rated debt securities.

The Sub-Fund's objective is to protect and grow the purchasing power of investors' capital over the long term. The Sub-Fund promotes certain environmental and/or social characteristics. The investment process integrates Environmental, Social and Governance (ESG) aspects based, firstly on the investment manager view and, secondly on third-party research (such as ESG ratings from third party providers).