Mediolanum Challenge Pacific Equity L Hedged A Units/  IE00B608L247  /

The Sub-Fund"s objective is to achieve long term capital growth. The Sub-Fund invests in equities (listed shares) and equity related securities from the Asia/Pacific region either directly and/or indirectly (e.g. by investing in derivatives). Part of the Sub-Fund's investment strategy involves allocating to securities selected on the basis of attributes or factors that are associated with higher returns. These include factors such as "value" (securities with an attractive valuation), "quality" (a profitable operating business with competitive advantages), momentum (strong recent price history). The attractiveness of such factors varies over time which will affect the Sub-Fund's performance. The Sub-Fund may use financial derivative instruments (FDIs) whose performance is linked to that of underlying security(s) or asset class(es). Their use may be for efficient portfolio management, hedging and/or direct Investment purposes. The Sub-Fund may enter into securities lending transactions. The Sub-Fund is actively managed (meaning that the Manager has full discretion over the composition of the Sub-Fund"s portfolio of assets) and is not managed with reference to any benchmark.

The Sub-Fund"s objective is to achieve long term capital growth. The Sub-Fund invests in equities (listed shares) and equity related securities from the Asia/Pacific region either directly and/or indirectly (e.g. by investing in derivatives). Part of the Sub-Fund's investment strategy involves allocating to securities selected on the basis of attributes or factors that are associated with higher returns. These include factors such as "value" (securities with an attractive valuation), "quality" (a profitable operating business with competitive advantages), momentum (strong recent price history). The attractiveness of such factors varies over time which will affect the Sub-Fund's performance.