Banca Fideuram Equity Global High Dividend

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 achieve a long term capital growth by investing primarily in equity transferable securities issued by entities which comply with Environmental, Social and Governance (“ESG”) criteria, without any geographical limitation, including emerging markets. 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 equity securities will be mainly characterized by high yield earning, high dividend and positive capital appreciation prospective. The-Sub Fund may invest without limitation in securities denominated in any currency other than the reference currency (Euro). The currency exposure of the Sub-Fund is flexibly managed. The Sub-Fund may invest in the above instruments through units and/or shares of any UCITS and/or other undertakings for collective investment, including the Exchange Traded Funds. 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 World High Dividend Yield 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 significant. 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. The benchmark of the Sub-Fund is not an ESG aligned 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.