Zest Global Equity I-Inst. Cap EUR

Objectives and investment policy The Sub-Fund aims to seek a consistent, absolute return while placing emphasis on the preservation of capital in the medium term. The Sub-Fund's long term objective is capital growth. The investment strategy is based on the identification of equity stocks, which show the best investment opportunities. The Sub-Fund mainly invests in listed equities and equity related securities (including ADR/GDR) either directly or indirectly through: financial derivative instruments with underlying equities or equity indices (within the global exposure limit of 200%) and UCITS and/or other UCI established as Exchange Traded Funds invested principally in equities. The Sub-Fund may invest up to 49% of its net assets in bonds, convertible bonds and other fixed income securities. With respect to the above restrictions, it is emphasized that financial derivative instruments on equities or bonds are not taken into account for the calculation of these restrictions. The allocation of the portfolio between the different various assets classes, sectors and/or geographical exposures may vary according to the Investment Manager's expectations. The allocation will be done either directly or indirectly through other UCITS and/or other UCI. The management fees of the target UCIs will be limited to a maximum of 0.8%. It is understood that, in the event of downgrading in the credit ratings of a security or an issuer to distressed or defaulted, the Sub-Fund may continue to hold those debt securities which have been downgraded, provided that in any case the Sub-Fund's maximum exposure to Distressed Securities or Defaulted Securities will be limited to a maximum of 10% of its net assets. Exposure to Emerging and Frontier Markets will be limited to 49% of the Sub-Fund's net assets. The Sub-Fund may invest up to 10% of its net assets in structured products. The Sub-Fund will not use TRS. The Sub-Fund will not invest in contingent convertible bonds, and directly and indir

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No