SFDR related subfunds

Sub-fund Sort ascending Objective and risk consideration Investment focus SFDR article
Global Evolution Funds Frontier Opportunities

The Sub-Fund aims to create returns by utilizing a diversified selection of strategies within “Frontier Markets”, meaning those markets which are small and illiquid and in which information is less available than in other markets. The Sub-Fund will mainly use traditional transferable securities such as hard currency debt securities and local currency debt securities, as well as foreign exchange instruments. For detailed information, please refer to “Sub-Fund Details” in Appendix III to the prospectus.

The Sub-Fund may use derivatives and, therefore, incur significant risks of loss. The NAV may experience high levels of volatility, depending on the market or financial derivative instrument in which the investment is made. The specific risks inherent with investing in the Sub-Fund are: market developments, country crisis, global financial crisis and liquidity crisis. Investors should also refer to “Risks of Investment” in Appendix I to the prospectus.

Frontier Markets 8
Global Evolution Funds Frontier Markets

The Sub-Fund aims to create returns by utilizing a diversified selection of strategies within “Frontier Markets”, meaning those markets which are small and illiquid and in which information is less available than in other markets. The Sub-Fund will mainly use traditional transferable securities such as hard currency debt securities and local currency debt securities, as well as foreign exchange instruments. For detailed information, please refer to “Sub-Fund Details” in Appendix III to the prospectus.

The Sub-Fund may use derivatives and, therefore, incur significant risks of loss. The NAV may experience high levels of volatility, depending on the market or financial derivative instrument in which the investment is made. The specific risks inherent with investing in the Sub-Fund are: market developments, country crisis, global financial crisis and liquidity crisis. Investors should also refer to “Risks of Investment” in Appendix I to the prospectus.

Frontier Markets 8
Global Evolution Funds Frontier Local Markets

The Sub-Fund aims to create returns by investing in a diversified selection of investment opportunities within Frontier Markets. To achieve the investment objective, the Sub-Fund will invest primarily in transferable local currency debt securities and money market instruments issued or guaranteed by sovereigns, supra-nationals and/or multilateral issuers in Frontier Markets, CLNs and financial derivative instruments.

The Sub-fund may use financial derivative instruments for the purpose of hedging, investment and efficient portfolio management. The specific risks inherent with investing in this sub-fund are: country crisis, global financial crisis, and liquidity crisis; please refer to “Risks of Investment” in Appendix 1 to the prospectus Investors should read the KIID and Prospectus of the fund before investing.

Frontier Markets 8
Global Evolution Funds Emerging Markets Local Debt

The Sub-fund aims to create returns and will invest in traditional transferable and listed fixed income securities issued by emerging markets sovereigns, supra-nationals and multilaterals. The Sub-fund can also invest in currency-linked and foreign exchange instruments.

The main risks are: emerging market, credit, liquidity, counterparty and derivatives risk. The Net Asset Value may experience high levels of volatility, depending on the market or type of financial derivative instrument in which the investment is made. Due to the use of derivatives, the SICAV may incur significant risks of loss. For the specific risks of the Sub-fund, please refer to the prospectus.

Emerging Markets 8
Global Evolution Funds Emerging Markets Hard Currency Debt

The investment objective of the Sub-Fund is to create returns. To achieve this objective, the Investment Manager will invest the main part of the sub-fund in transferable and listed securities from sovereigns, supra-nationals and/or multilaterals, which are issued in hard currency (typically denominated in USD). The Sub-Fund is well diversified and enables investors to get exposure to emerging market countries from Asia, Latin America, Eastern Europe, The Middle East and Africa.

The Sub-Fund will primarily invest in securities with investment grade rating (minimum BBB- S&P or Fitch or Baa3 Moody's) or speculative-grade rating (minimum B- S&P or Fitch or B3 Moody's). The Sub-Fund will not invest in securities below speculative--grade rating (Below B - S&P or Fitch rating or a B3 Moody’s rating).

The Sub-Fund may use derivatives and, therefore, incur significant risks of loss. The NAV may experience high levels of volatility, depending on the market or financial derivative instrument in which the investment is made. The main risks are: changes in legislation, counterparty, credit and market, derivatives, emerging market, currency, market crisis and governmental intervention, custody and operational risks. Investors should also refer to “Risks of Investment” in Appendix I to the prospectus.

Emerging Market Bonds 8
Global Evolution Funds Emerging Markets Corporate Debt

The Sub-Fund aims to create returns by investing in a diversified selection of investment opportunities within emerging markets transferable debt securities.  It seeks to achieve total return from income and capital appreciation by generally investing in U.S. Dollar denominated or U.S. Dollar hedged transferable investment-grade-quality or speculative-grade rating debt securities issued or guaranteed by corporations, sovereign, quasi-corporations, supra-nationals and multilaterals having their head office in, or conducting a significant part of their business in, emerging markets.

The Sub-fund may use financial derivative instruments for the purpose of hedging, investment and efficient portfolio management.  The specific risks inherent with investing in this sub-fund are: changes in legislation, counterparty, credit and market, derivatives, liquidity and settlement, emerging market, currency, market crisis and governmental intervention, management and lower rated, higher yielding and non-investment grade debt risks; please refer to “Risks of Investment” in Appendix 1 to the prospectus for a more exhaustive list.  Investors should read the KIID and Prospectus of the fund before investing.

Emerging Markets 6
Global Evolution Funds Emerging Market Debt Flex

The Sub-Fund aims to create returns through well diversified investments in emerging and frontier market debt and foreign exchange derivative instruments with a high expected risk adjusted performance and a low correlation to other asset classes. The combined exposure in money market instruments, cash or cash-equivalent or deposits should not exceed 49%.

The Sub-Fund may use derivatives and, therefore, incur significant risks of loss. The NAV may experience high levels of volatility, depending on the market or financial derivative instrument in which the investment is made. The specific risks are: market developments, country crisis, global financial crisis and liquidity crisis, as well as derivatives, custody and operational risks. Investors should also refer to “Risks of Investment” in Appendix I to the prospectus.

Emerging Market Bonds 8
Global Evolution Funds Emerging Frontier

The Sub-Fund aims to create returns by utilizing a diversified selection of strategies within “Frontier Markets”, meaning those markets which are small and illiquid and in which information is less available than in other markets. The Sub-Fund will mainly use traditional transferable securities such as hard currency debt securities and local currency debt securities, as well as foreign exchange instruments. For detailed information, please refer to “Sub-Fund Details” in Appendix III to the prospectus.

The Sub-Fund may use derivatives and, therefore, incur significant risks of loss. The NAV may experience high levels of volatility, depending on the market or financial derivative instrument in which the investment is made. The specific risks inherent with investing in the Sub-Fund are: market developments, country crisis, global financial crisis and liquidity crisis. Investors should also refer to “Risks of Investment” in Appendix I to the prospectus.

Frontier Markets 8