THEAM QUANT Equity Eurozone Income Def. C Cap EUR

The objective of the Sub-fund is to provide income and capital growth (i) by being exposed to a basket of high-dividend equities from the European Economic and Monetary Union of the European Union (the "Eurozone") while taking into account non-financial criteria and (ii) by implementing a systematic options strategy which aims at generating additional income and reducing risk by minimising 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 high-dividend Eurozone equities (the High-dividend Portfolio) which consists of the following main steps:(i) definition of the investment universe composed of leading Eurozone large cap equities deemed to offer, in particular, adequate liquidity.(ii) selection of stocks on the basis of fundamental criteria assessment, such as the dividend growth potential and business model quality.(iii) implementation of an allocation mechanism which aims at controlling the relative risk of the final portfolio versus the reference market, and in particular a control of the ex-ante tracking error below 4% with regards to the Euro STOXX Net Return EUR Index (Bloomberg Code : SXXT).(b) a complementary systematic options strategy on the Euro Stoxx 50 index intended to improve the risk/return ratio compared to a direct investment in the Strategy Index by taking short positions on call options on the Euro Stoxx 50 Index which aim at generating additional income while limiting the Sub-fund's volatility and long positions on put options on the Euro Stoxx 50 Index in order to reduce the Sub-fund's volatility. The High-dividend Portfolio is implemented via the use of the BNP Paribas Quality Dividend Eurozone ESG Index (the High-dividend Index). It is based on a quantitative algorithm developed by BNP Paribas and is rebalanced every month using a specific algorithm. The monthly rebalancin

PIR compliant

No

PEA compliant

Sì

PEA-PME compliant

No