BL FUND SELECTION - Equities SRI Klasse B/  LU0135980968  /

The aim of the sub-fund is to seek long-term capital gains. The sub-fund is mainly invested in investment funds and with an exposure to equities markets up to a minimum of 75% of the net assets. The reference to "SRI" (for "Sustainable and Responsible Investment") in the name of the sub-fund reflects the manager"s objective of selecting a majority of target funds with a proven sustainability profile. The assets may be invested in money market instruments, in all types of fixedterm and/or variable transferable securities listed or traded on a regulated market and/or structured products (instruments whose value depends on different investments, including derivatives). All investments in structured products are qualified as transferable securities and the underlyings may be composed of shares, debt securities, commodities (including precious metals), baskets of debt securities and/or shares, indices and/or baskets of stock market products. If the sub-fund is invested in structured products on precious metals, this is done via investment vehicles which track the value of the underlying product (Exchange Traded Commodities). These products will not include derivatives and will not give rise to the physical delivery of the underlying metal. The subfund may invest up to 25% of its net assets in this type of instrument. Debt securities and other equivalent securities may be issued by companies, States or other entities. Investments are made without any geographical, sector-based or monetary restrictions. The sub-fund may invest in derivatives in order to hedge or optimise the portfolio.

The aim of the sub-fund is to seek long-term capital gains. The sub-fund is mainly invested in investment funds and with an exposure to equities markets up to a minimum of 75% of the net assets. The reference to "SRI" (for "Sustainable and Responsible Investment") in the name of the sub-fund reflects the manager"s objective of selecting a majority of target funds with a proven sustainability profile.