Performance funds/ETFs

The Sub-Fund is a diversified sub-fund which aims to deliver absolute and regular performance associated with a low level of volatility. There is therefore no official benchmark for the performance. Achievement of these objectives requires the implementation of arbitrage strategies with low correlation to Equity market trends. These strategies are related to Equity markets, futures markets or financial instruments with an optional component, mainly in the following geographical area: Europe and North America. Strategies implemented by the Sub-Fund are primarily focused on Merger and Acquisitions arbitrages, Corporate Actions operations, Derivatives arbitrages, Dividend arbitrages and Long/Short strategies.