Allsp.(Lux)W.F.-EM Equity F.I AUD D/  LU0681241153  /

We seek investments that offer potential growth opportunities attributable to factors such as political change, economic deregulation, and liberalised trade policy. We rely on both growth- and value-oriented investment disciplines. For growth investments, we seek, among other things, good business models, solid management, and growth in cash flows. For value investments, we seek securities that are trading at prices below their stated or replacement values, are out of favor in the marketplace, or are going through a significant change that may unlock their price discounts, thus affording the opportunity for above-average price appreciation. We invest principally in emerging markets equity securities. Equity exposure is achieved directly through investment in equity securities and/or indirectly through participatory notes, convertible securities, equity-linked notes, and/or certificates. We may also invest in equity securities through ADRs, CDRs, EDRs, GDRs, IDRs, and similar depositary receipts, as well as equities denominated in U.S. dollars issued by non-U.S. issuers.

We seek investments that offer potential growth opportunities attributable to factors such as political change, economic deregulation, and liberalised trade policy. We rely on both growth- and value-oriented investment disciplines. For growth investments, we seek, among other things, good business models, solid management, and growth in cash flows. For value investments, we seek securities that are trading at prices below their stated or replacement values, are out of favor in the marketplace, or are going through a significant change that may unlock their price discounts, thus affording the opportunity for above-average price appreciation.