AXA WF II European Equities I Dis

Investment Objective The AXA WORLD FUNDS II - European Equities (herein after "the Sub-Fund" or "the Feeder fund") is a feeder fund to the AXA WORLD FUNDS - ACT Europe Equity (herein after "the Master fund"). In this regard, the Sub-Fund permanently invests at least 85% of its assets in the Master fund. The Sub-Fund may in addition hold up to 15% of its assets in ancillary liquid assets.Summary of the Investment Objective and the Investment Policy of the Master fund:The Master fund seeks to achieve long-term capital growth measured in Euro by investing in companies domiciled or listed in the European geographical area and a sustainable investment objective to advance the United Nations Sustainable Development Goals (SDGs) by investing into companies whose business models and/or operational practices are aligned with targets defined by one or more SDGs. Investment Policy The Master fund is actively managed and seeks to capture opportunities in European equity markets, primarily investing in securities which are part of the MSCI Europe Total Return Net benchmark index ("the Benchmark") universe. The Investment Manager of the Master fund also considers the allocation in terms of country and sector in the Benchmark. However, as the portfolio of the Master fund is invested in a relatively small number of equities and the Investment Manager of the Master fund can take, based on its investment convictions, large overweight or underweight positions on the sectors and countries compared to the Benchmark's composition and also invest in securities that are not part of the Benchmark, the deviation from the Benchmark is likely to be significant.The Master fund invests essentially in companies domiciled or listed in the European geographical area. The Master fund may invest in equity securities of any market capitalisation (including small and micro-sized companies). The Master fund may also invest up to 20% of its net assets in money market instruments, money market funds and

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No