Category: Open Ended Investment Company

The objective of the Fund is to increase the value of the Fund (capital appreciation) over the long term. The Fund intends to achieve this objective through investment in a portfolio of high-quality, long-term growth mid-cap companies. For the purpose of ensuring that the Fund is eligible for the equity savings plan ("plan d'épargne en actions") in France, the Fund will invest on a permanent basis at least 75% of the Fund's assets in eligible shares or equity-linked securities issued by mid-cap companies having their registered office in the European Economic Area. While the Fund will primarily invest in shares and other securities related to shares, it may invest in debt securities, such as European government bonds, where it is deemed in the best interest of the investors. The Fund is actively managed. This means that the Fund manager applies a detailed fundamental analysis in order to selectively pick companies in a discretionary manner. The Fund is not managed relative to a benchmark index. The base currency of the Fund is EUR. For non-distributing share classes, income earned by the Fund is fully reinvested. Distributing share classes may pay income earned to investors through dividends. Due to the long-term objective of the Fund, the Fund may not be appropriate for investors who plan to invest for less than 5 years. Shares in the Fund trade every day that is a business day in both Dublin and Luxembourg. You can place an order to buy or sell shares on any business day. The Fund may use fx forwards with the aim of limiting the effect that changes in foreign exchange rates may have on the value of the Fund. Fx swaps may be used for the purpose of rolling maturing fx forward contracts.