AXA WF II Evolving Trends Equities A $

Investment Objective The AXA WORLD FUNDS II - Evolving Trends Equities (herein after "the Sub-Fund" or "the Feeder fund") is a feeder fund to the AXA WORLD FUNDS - Evolving Trends (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 growth of your investment, in USD, from an actively managed listed equity, and equity-related securities. Investment Policy The Master fund is actively managed in order to capture opportunities in worldwide equity markets, by mainly investing in equities of companies that are part of the MSCI AC World Total Return Net benchmark index ("the Benchmark") universe. As part of the investment process, the investment manager of the Master fund has broad discretion over the composition of the Master 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 Master fund's portfolio. Thus, the deviation from the Benchmark is likely to be significant. Specifically, the Master fund invests essentially in equities and equity related securities of worldwide companies benefiting from major growth themes impacted by secular changes (such as demographics, technology innovations or environmental factors) that are deemed by the investment manager of the Master fund to represent the future for equity investors, as detailed in its prospectus. The Master fund may invest in companies of any capitalisation and in any market or sector. The Master fund may also invest up to 10% of its assets in c

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No