Anlageziel Emirates Mena Top Companies Fund X USD Acc Fonds

The Sub‐Fund will aim to achieve medium‐ to long‐term capital growth, along with the option of an income paying share class, through investments made directly and indirectly, i.e. by way of investment funds in a portfolio of MENA equities. The Sub‐Fund will use an active management style (utilizing both a top down approach to determine country and sector allocations and a bottom up approach to select individual securities) and take advantage of price distortions and specific opportunities that display potential for strong gains. The Sub‐Fund can also make income distributions on a quarterly basis using both gains on investments and dividends received. The Sub‐Fund is managed actively and uses the MSCI Arabian Markets Combined Net Total Return Index USD as a universe to select securities from. The possible deviation of the portfolio composition of the Sub‐Fund compared to the benchmark is significant.