Flossbach von Storch - Foundation Growth H/  LU2634693217  /

The objective of the investment policy of the Flossbach von Storch - Foundation Growth (the "sub-fund") is to achieve reasonable growth in the sub-fund currency while taking into consideration the risk involved for the investors and sustainability principles. The criteria used to select investments are value, the risk-return ratio and sustainability. The sub-fund is actively managed. No index is used for comparison purposes. Depending on the market situation and appraisal by the fund management, it generally has the option to invest worldwide in equities, money market instruments, certificates, bonds of all kinds, and other structured products (e.g. reverse convertible bonds, warrant-linked bonds, convertible bonds), UCITS or other UCI ("target funds"), derivatives, cash and fixed-term deposits that are listed on a stock exchange or traded on another regulated market that is recognised, takes place regularly, and is open to the public, provided the above-mentioned requirements are satisfied. The certificates are for legally permitted underlying instruments, such as equities, bonds, investment fund units, financial indices and currencies. The equity quota is limited to a maximum of 75% of net sub-fund assets. More than 50% of the net assets of the sub-fund are continuously invested in equity participations. The sub-fund may invest up to 20% of its net assets indirectly in precious metals (gold, silver, platinum). In the interests of risk diversification, no more than 10% of the sub-fund"s net assets may be invested indirectly in one precious metal. Units in target funds will be acquired only up to a maximum limit of 10% of the sub-fund assets.

The objective of the investment policy of the Flossbach von Storch - Foundation Growth (the "sub-fund") is to achieve reasonable growth in the sub-fund currency while taking into consideration the risk involved for the investors and sustainability principles. The criteria used to select investments are value, the risk-return ratio and sustainability. The sub-fund is actively managed. No index is used for comparison purposes. Depending on the market situation and appraisal by the fund management, it generally has the option to invest worldwide in equities, money market instruments, certificates, bonds of all kinds, and other structured products (e.g. reverse convertible bonds, warrant-linked bonds, convertible bonds), UCITS or other UCI ("target funds"), derivatives, cash and fixed-term deposits that are listed on a stock exchange or traded on another regulated market that is recognised, takes place regularly, and is open to the public, provided the above-mentioned requirements are satisfied.