New Millennium Balanced World Conserv. I Cap EUR

Objectives Investment objective The aim of the Sub-Fund is to achieve, in the medium/long term, returns in excess of those which can normally be achieved on bond markets through a moderate exposure to equity markets and to different types of investments, also taking into account the need to promote environmental social and governance characteristics on the investments (ESG factors), mitigating the relevant sustainability risk. Investment policies The Sub-Fund is a global moderate balanced fund, characterized by both geographic and sector diversification among different investment assets and characterized by a focus on different investment strategies. The exposure to these strategies can be carried out also significantly through shares of other funds. The selection of the funds is carried out through a self-developed model. The equity component, typically large cap with a wide geographical and sector diversification, can reach the maximum weight of 30% of the net assets value and the securities selection process gives priority to fundamental analysis; within this limit investment in Special Purpose Acquisition Companies ("SPACs") is allowed up to 5% of the net assets only if they qualify as transferable securities. With regard to the bond component, Investments in "non-investment grade" or "not-rated" transferable securities are allowed. Investments in such instruments, if not effected through shares of a UCIs, will be of a residual nature. Derivative instruments, which are financial contracts whose value depends on the market price of a reference asset, can be used also for investment purposes provided that the total commitment does not exceed, at any moment, 50% of net asset value. The "ESG features", according to art.8 of EU Regulation 2019/2088, are implemented through a two-level approach: 1. an average portfolio ESG rating, determined as described in the Paragraph Disclosure on "ESG integration" practices of the Prospectus, which will be equal or over the quar

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No