Banca Fideuram Equity USA Blue Chip

The Sub-Fund has been categorized as an ESG Promotion Strategy Sub-Fund in accordance with article 8 of the SFDR. The Sub-Fund, expressed in Euro, aims to reach a positive return over time by investing in stocks issued by highly financially rated companies characterized by an important capitalization essentially listed on a stock exchange or dealt in on another regulated market in the United States of America, and which comply with Environmental, Social and Governance (“ESG”) criteria. The Management Company’s ESG criteria analysis incorporates elements of negative and positive screening alongside general and security specific Socially Responsible Investing (“SRI”) / ESG-related analysis and ultimately, in alignment with the investment objective and policy of the sub-fund, The detailed ESG criteria and exclusions applied are available in the Investment Policy of the Sub-Fund in the Prospectus. The Sub-Fund may use financial derivative instruments for the purpose of risk hedging and for investment purposes. The benchmark of the Sub-Fund consists of the index MSCI USA Net Total Return in EUR. The Sub-Fund is actively managed and the degree of freedom allowed within the management of the Sub-Fund is material. The relative risk and positioning to the benchmark is monitored. To provide a disciplined management approach, risk limits are set to contain investment risk. It is expected that, in normal circumstances, a significant part of the investments of the Sub-Fund will be components of the benchmark, however there is discretion to invest in other securities not included in the benchmark. This is a capitalization Unit-Class which reinvests all income generated by the Sub-Fund. You may request to redeem the units held at any moment, in accordance with the Prospectus.