AXA WF Europe ex-UK Microcap A EUR PF

Investment Objective The Sub-Fund seeks to achieve long-term capital growth measured in Euro by investing primarily in small and micro capitalisation companies domiciled or listed in the European geographical area and to apply an ESG approach. Investment Policy The Sub-Fund is actively managed and references MSCI Europe ex UK MicroCap Total Return Net (the "Benchmark") for both comparative purposes and performance fees' calculation of the performance fee share class against it. The Investment Manager has full discretion over the composition of the portfolio of the Sub-Fund and can take exposure to companies, countries or sectors not included in the Benchmark. There are no restrictions on the extent to which the Sub-Fund's portfolio and performance may deviate from the ones of the Benchmark.Investment selection is performed to ensure sector diversification, the Sub-Fund being invested in equities of small and micro-cap companies (the latter being companies with a market capitalization of less than 1 billion EUR).The Sub-Fund, eligible to the French PEA account, is permanently invested for a minimum of 75% of its total assets in equities or rights eligible to the PEA (i.e. equity or rights issued by companies having their registered office in the European Area).The Sub-Fund, eligible to the French PEA-PME account, is permanently invested for a minimum of 75% of its total assets in securities or rights eligible to the PEA-PME (i.e. securities or rights issued by companies having their registered office in the European Area, and complying with criteria indicated in Article L.221-32-2-2 of the French Monetary and Financial Code, of which a minimum of 50% is invested in equities or rights). The Sub-Fund may invest up to 20% of its net assets in money market instruments, money market funds and bank deposits. Derivatives may be used for efficient portfolio management or hedging purposes.The Sub-Fund promotes environmental, governance and/or social (ESG) characteristics by

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No