Anlageziel Visionfund - Global Adagio B EUR Fonds

The objective of the Sub-Fund is to obtain medium-term capital growth through the active management of a diversified portfolio, with a prudent profile, in international securities and to outperform its benchmark index. The Sub-Fund's net assets are principally invested in shares and debt securities, admitted to the official listing of a stock exchange or traded on a Regulated Market, within the limits mentioned in Chapter 5 (“Investment Restrictions”), as well as in money market instruments from around the world, with no restrictions or limitations regarding geographical, industrial or sectoral diversification. This investment will mainly be made indirectly via UCIs or AIFs, which comply with the requirements of Article 41(1)(e) of the Law of 17 December 2010, including ETFs, but may also be made directly. In normal market circumstances, indirect investment in debt securities will be predominant.