Assenagon Alpha Premium (I2R)/  LU2053560962  /

The Fund aims to generate medium-term growth by collecting risk premiums on the volatility market while tolerating short-term fluctuations in value. The Fund is actively managed without investments being limited to a specific benchmark universe. All income remains in the Fund and increases the value of the units. In order to achieve its investment objective, the fund relies on a combination of volatility strategies, most of which are implemented using derivatives, and a base portfolio. The volatility strategies make use of structural or temporary inefficiencies in the derivatives markets. These inefficiencies include the fact that the volatility expected in derivatives in the future is often higher than the volatility realised over time. Potential price and currency risks can be hedged through futures contracts. The Fund's base portfolio is aimed at generating value contributions in the amount of the short-term bond market. Depending on market phases and identified opportunities for investment strategies, between 0% and 100% can be invested in the base portfolio. The fund primarily uses derivatives to implement its investment strategy. The following are used in particular: Swaps, options, forwards and futures, on individual securities, baskets of individual securities, indices and derived variables such as interest rates, volatility or variance. Derivatives can be used both for investment and hedging purposes. Portfolio Management may also use equities, certificates, time and demand deposits, currency transactions, units of other UCIs and UCITS, and bonds issued by industrial enterprises, sovereigns and other debtors as investment instruments.

The Fund aims to generate medium-term growth by collecting risk premiums on the volatility market while tolerating short-term fluctuations in value. The Fund is actively managed without investments being limited to a specific benchmark universe. All income remains in the Fund and increases the value of the units.