AXA WF Evolving Trends A EUR Hdg

Investment Objective To seek long-term growth of your investment, in USD, from an actively managed listed equity and equity-related securities portfolio. Investment Policy The Sub-Fund is actively managed in order to capture opportunities in worldwide equity markets, by mainly investing in equities of companies that are part of MSCI AC World Total Return Net benchmark index ("the Benchmark") universe. As part of the investment process, the Investment Manager has broad discretion over the composition of the Sub-Fund's portfolio and can take, based on its investment convictions, large overweight or underweight positions on the countries, sectors or companies compared to the Benchmark's composition and/or take exposure to companies, countries or sectors not included in the Benchmark, even though the Benchmark constituents are generally representative of the Sub-Fund's portfolio. Thus, the deviation from the Benchmark is likely to be significant.The Sub-Fund invests in equities and equity related instruments issued by international companies of all capitalisations benefiting from major growth themes impacted by secular changes deemed by the Investment Manager to represent the future for equity investors, as detailed in the prospectus.The Sub-Fund may also invest up to 10% of its assets in convertible securities and up to 10% in A Shares listed in the Shanghai Hong Kong Stock Connect. The Sub-Fund may invest in money market instruments, monetary UCITS and deposits.Derivatives may be used for efficient portfolio management or hedging purposes.The Sub-Fund is a financial product that promotes environmental and/or social characteristics within the meaning of article 8 of the Regulation (EU) 2019/2088 of 27 November 2019 on sustainability-related disclosures in the financial sector. The Share Class aims at hedging the foreign exchange risk resulting from the divergence between the reference currency of the Sub-Fund and the currency of this Share Class by using derivatives in

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No