DNCA Invest - Strategic Resources - N EUR ACC

The investment objective of the Sub-Fund is to outperform its benchmark, Goldman Sachs Metals Index, by being exposed to commodities through at least one Total Return Swap(s) (as described hereafter) over the recommended minimum investment period of 5 years. At the same time, the Sub- Fund implements an extra-financial approach through integration of Environmental, Social and Societal ('ESG') criteria in fundamental analysis, by aiming to participate in the energy and ecological transition (the durable transition) and limiting the potential principal adverse impacts. Through an active and discretionary management, the Sub-Fund aims to achieve the investment objective by seeking exposure to a various range of indices representing commodities (mainly but not limited to metals materials, organics materials or minerals materials) whose components are listed commodity futures on organized markets (such as but not limited to CBOT, NYME, COMEX LME, LBMA, ICE…). The strategy will be based on the prospective medium and long-term fundamental analysis on the appreciation of supply and demand of commodities.