Anlageschwerpunkt HAL Euro 0-1 Active Core Fund ED EUR Dis.

The Fund aims to achieve its investment objective by investing primarily in marketable, short dated, Euro denominated, high grade debt securities and/or cash and cash equivalents. The Fund will primarily invest in a diversified portfolio of bonds, including government bonds, supranational bonds, government-guaranteed bonds, covered bonds and/or cash and cash equivalents. The bonds in which the Fund may invest will be fixed rate debt securities. Other investment funds are explicitly not permitted for purchase. The Fund will only invest in securities of issuers with an investment grade rating of AA- or higher by Standard & Poor's Corporation / Fitch or Aa3 or higher by Moody's or another recognized rating agency at the time of the securities purchased. If no issue rating is available, the issuer rating applies. The best rating of these rating agencies will be applied. These guidelines apply at the time of investment. The Fund will divest as early as possible from noninvestment grade rated securities. The Fund will not use any financial derivative instruments (FDIs).