CompAM FUND - Active Emerging Credit - A EUR ACC

The Sub-Fund may invest in bonds issued by supranational organisations (such as EBRD or World Bank or the EIB) either denominated in a major currency (such as EUR, US$ or Yen) or in local currency. Under the risk-diversification principle, the Active Emerging Credit Sub- Fund will also invest in various types of transferable securities such as fixed and floating rate bonds, indexed bonds (i.e. bonds the performance of which is linked to an index of transferable securities), in time deposits and money market instruments, and subordinated bonds and up to 25% of its net assets in convertible and cum warrants bonds (to the extent that such warrants are on transferable securities). The Sub-Fund will invest up to 10% of its assets in UCITS and/or other UCIs (including money market funds). It may also invest up to 10% of its net assets in listed equities, equity-related securities and related derivatives worldwide. Such limit for derivatives is only applicable to equity and equity related securities. In addition it may also invest up to 10% of its net assets in contingent convertibles ('CoCos'), may invest up to 10% of its net assets in structured products and up to 10% of its net assets in eligible assets with underlying commodities, such as but not limited thereto physicallybacked exchange traded notes, physically backed exchange traded commodity. Ancillary liquid assets (i.e. bank deposits at sight) will be limited to 20% of the Sub-Fund's net assets.