AZ Allocation - Flexible Equity A (EURO DIS)/  LU2156582442  /

The investment objective of the Sub-fund is to pursue medium and long-term capital growth. The Sub-fund aims to achieve its investment objective by actively managing a diversified portfolio of equities as well as debt securities issued worldwide. The Sub-fund invests between 50% and 100% of its net assets, directly or indirectly by investing in units of UCITS and/or other UCIs, in equities issued by companies worldwide, including up to 15% of its net assets in emerging markets. The Sub-fund may also invest up to 50% of its net assets in debt securities and money market instruments issued by governments of developed countries, up to 25% of its net assets in debt securities and money market instruments issued by companies of developed countries, and up to 15% of its net assets in debt securities and money market instruments issued by emerging country issuers. Investments in equities and debt securities of issuers domiciled and/or doing a considerable part of their business in an emerging-market country shall not exceed 15% of the Sub-fund"s net assets.

The investment objective of the Sub-fund is to pursue medium and long-term capital growth. The Sub-fund aims to achieve its investment objective by actively managing a diversified portfolio of equities as well as debt securities issued worldwide. The Sub-fund invests between 50% and 100% of its net assets, directly or indirectly by investing in units of UCITS and/or other UCIs, in equities issued by companies worldwide, including up to 15% of its net assets in emerging markets.