Variopartner SICAV - Vontobel ESG Global Allocation B EUR/  LU2386879774  /

This actively managed sub-fund aims to achieve positive total returns in EUR, through a combination of capital growth and income. It promotes environmental and social characteristics, but does not have sustainable investment as its objective. The sub-fund mainly invests into the fixed-income and the equity asset classes, with a lower focus on currencies and cash. It will invest worldwide, with up to 50% of net assets in emerging markets. Up to 100% may be invested into the fixed-income asset class, including but not limited to bonds, notes and similar fixed-interest and floating rate securities issued by public and/or private borrowers worldwide. A minimum of 75% of the direct fixed income investments will be in Green Bonds. Investments in non-investment grade debt securities shall not exceed 30% of net assets and there will be no investment in distressed or defaulted securities, defined as rated below "CCC". Equity and equity-linked exposures incl. ADRs, GDRs, and EDRs shall not exceed 80% of net assets. A minimum of 70% of the equity investments shall include companies whose products or services contribute to an environmentally sustainable impact in the investment managers' opinion. Investments in UCITS/UCIs shall not exceed 10%. Investments in securities issued by entities based in Mainland China through Shanghai-Hong Kong Stock Connect or Shenzhen-Hong Kong Stock Connect (A-shares) shall not exceed 10%. It may invests up to 33% in bank deposits at sight and money market instruments for liquidity management.

This actively managed sub-fund aims to achieve positive total returns in EUR, through a combination of capital growth and income. It promotes environmental and social characteristics, but does not have sustainable investment as its objective.