AXA IM US Equity QI B (H) Accumulation EUR/  IE00B02YQR81  /

The aim of the Sub-Fund is to provide long-term capital growth with a total annual return on investment (generated through an increase in the value of the shares held by the Sub-Fund and/or income received from those shares) of approximately 2% gross of all fees/expenses above the annual return that of the S&P 500 index on a rolling three year basis. The S&P 500 index is designed to measure the performance of the shares of the 500 largest US listed companies. The Sub-Fund is actively managed. This Sub-Fund will primarily (meaning not less than 75% of its Net Asset Value) invest in equity securities traded principally on Regulated Markets that are issued by companies that have their registered office or carry out a predominant portion of their economic activity (meaning not less than 51%) in the US. The fund manager uses a proprietary systematic stock selection model to identify shares of companies that it believes to be attractive investment opportunities, relative to their industry peers, based on analysis of their valuation and earnings prospects. From these shares, the fund manager seeks to construct a well-diversified portfolio with the best expected return-to- risk trade off to meet the Fund's investment objective.

The aim of the Sub-Fund is to provide long-term capital growth with a total annual return on investment (generated through an increase in the value of the shares held by the Sub-Fund and/or income received from those shares) of approximately 2% gross of all fees/expenses above the annual return that of the S&P 500 index on a rolling three year basis. The S&P 500 index is designed to measure the performance of the shares of the 500 largest US listed companies.