THEAM Quant Rainbow 2032 C Dis EUR

The objective of the Sub-fund is to increase the value of its assets at maturity on 8 August 2032 (the "Maturity Date"), by capturing partially the growth potential of global equity markets until Maturity Date, in exchange for being exposed primarily to the credit risk of the Italian government and Italian financial institutions. The Sub-fund may potentially distribute a single variable amount (the "Variable Amount") during the second year of existence. The investment objective is not guaranteed, nor is the distribution of the Variable Amount. Unitholders are exposed to a risk of capital loss, in full or in part, in particular in case of a credit event (such as default, insolvency, restructuring) affecting the Bond Portfolio or the Credit Portfolio, as defined in the Strategy below. Through the leverage introduced by the Credit Portfolio, the impact of market movements during the life of the Sub-fund may be amplified, as compared to the Bond Portfolio, and capital loss may be significantly larger than the loss suffered on the Bond Portfolio. In order to achieve its investment objective, the Sub-fund implements a strategy (the "Strategy") combining three investment pockets:(i) Synthetic or physical investment up to its total assets in a debt securities portfolio, including potentially up to its total assets in debt securities issued or guaranteed by the Italian Treasury (the "Bond Portfolio"). Such securities will be denominated in Euros, and may include fixed or floating coupons. Components will be selected based on an analysis that includes an assessment of the levels of return on debt instruments (i.e. the yield to maturity of the bonds) or the slope of the yield curve (i.e. different levels of yield for different maturities). The Sub-fund may also use derivative financial instruments such as total return swaps, asset swaps or interest rate swaps to hedge the risks associated with the Bond Portfolio and to generate a fixed income stream for the Sub-fund. By doing

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No