Performance funds/ETFs

At all times, this sub-fund invests at least 75%of its assets in equities and/or equity equivalent securities issued by a limited number of companies that have their registered offices or conduct the majority of their business activities in Asia (excluding Japan) and that are characterised by the quality of their financial structure and/or their potential for earnings growth. The remaining portion, namely a maximum of 25% of its assets, may be invested in any other transferable securities (including P-Notes), money market instruments, financial derivative instruments, or cash, provided that investments in debt securities of any kind do not exceed 15% of its assets, and up to 10% of its assets may be invested in UCITS or UCI. In respect of the above investments limits, the sub-funds overall exposure (via both direct and indirect investments) to mainland China securities will not exceed 25% of its assets by investments in China A-Shares via the Stock Connect, and financial derivative instruments on this type of assets.