THEAM QUANT Equity Europe Factor Def. Priv EUR

The objective of the Sub-fund is to provide capital growth (i) by being exposed to a basket of European equities while taking into account non-financial criteria and (ii) by implementing a systematic options strategy which aims at reducing risk by minimizing volatility in the Sub-fund.In order to achieve its investment objective, the Sub-fund implements a quantitative investment strategy (the "Strategy") that combines two performance pillars:(a) a long exposure to a basket of European equities based on a factor selection approach (the "Optimal Portfolio") relying on a systematic and quantitative investment process; and(b) a complementary systematic options strategy on one or several of the main European equity indices intended to improve the risk/return ratio compared to a direct investment in the Optimal Portfolio by taking long positions on put options on these indices, combined with a take-profit mechanism on those puts and financed to the extent possible by taking short positions on call options on these same indices. The put options strategy is particularly appropriate in very bearish markets, enabling the Sub-fund to limit the effects of falling European equity markets and thereby limiting its volatility. The call options strategy is particularly appropriate in stable or fairly directionless markets. An additional dynamic allocation between the European equity indices and the Optimal Portfolio enables to mitigate their possible divergence. The objective of the model used to build the Optimal Portfolio is based especially on a factor selection approach. The objective of such factor approach is to build a portfolio in order to generate excess return over traditional market capitalisation pondered benchmark indices (i) by being exposed to diversified performance factors (ii) and by implementing an allocation mechanism which aims at controlling the relative risk between these performance factors versus their reference market.The model used to build such Optimal

PIR compliant

No

PEA compliant

Yes

PEA-PME compliant

No