DNCA Invest Alpha Bonds ID Dis EUR

The Product seeks to provide, throughout the recommended investment period of more than three years, a higher performance, net of any fees, than the €STR index plus 2%. This performance objective is sought by associating it to a lower annual volatility than 5% in normal market conditions. Investors' attention is drawn to the fact that the management style is discretionary and integrates environmental, social / societal and governance (ESG) criteria. The initial investment universe is composed of Government bonds issued by the countries of the United Nation which integrate the 17 Sustainable Development Goals. This universe also includes corporate bonds and related securities from issuers having their registered office in OECD countries securities having a rating of at least B- by Standard & Poor's or being considered as equivalent, and supranational agencies. From this initial investment universe, are excluded issuers with controversies or in severe breach to UN Global Compact Principles (example: human rights or fight against corruption) based on the internal approach. Moreover, a strict controversial weapons exclusion and sectorial exclusion policy is implemented and is available on the DNCA website. The investment process and resulting stock and bond picking take into account internal scoring with respect to both corporate responsibility of companies based on an extra-financial analysis through a proprietary rating model (ABA, Above & Beyond Analysis) developed internally by DNCA. This model is centered on following pillars as corporate responsibility, controversies, dialogue and engagement with issuers. The risk exists that the models used to make these investment decisions do not perform the tasks they were designed to. The use of the proprietary tool relies on the experience, relationships and expertise of DNCA with the "best in universe" method. There may be a sector bias. The Product will proceed to the extra-financial analysis on at least 90% of its

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No