DNCA Invest - Global Emerging Equity - A EUR ACC Fonds

The investment objective of the Sub-Fund is to outperform the MSCI Emerging Markets Index over its recommended minimum investment period of five (5) years. At the same time, the Sub-Fund respects a Sustainable and Responsible Investment (« SRI ») approach through integration of Environmental, Social and Governance (« ESG ») criteria in fundamental analysis, portfolio ESG score target, and responsible stewardship (voting and engagement). The Sub-Fund promotes environmental and/or social characteristics within the meaning of Article 8 of SFDR. The investment strategy is based on active and discretionary management style and seeks to hold a limited number of securities resulting in concentrated portfolio. The investment process is driven by a long term bottom-up selection based on qualitative analysis with strict buy and sell disciplines and integrating simultaneously strong ESG considerations. In this context, the Sub-Fund implements active conviction management and SRI approach. In this way, the investment process and resulting stock and bond picking take into account internal scoring with respect to both corporate responsibility and sustainability of the companies based on an extrafinancial analysis through a proprietary rating model (ABA, Above & Beyond Analysis) developed internally by the Management Company. This model is centered on four pillars as further detailed below (i) corporate responsibility, (ii) sustainable transition, (iii) controversies and (iv) dialogue and engagement with issuers.The Management Company uses a proprietary ESG analysis approach with the 'best in universe' method. There is a risk that this data is incorrect, insufficient or missing. There may be a sector bias. The investiment process is based on the selection of the investment universe combining a financial and extra-financial aproach with two steps: the selection of issuers pursuant to the financial approach and exclusion of issuers which have a high-risk profile in terms of corporate responsibility or exposed to major controversies. Additional information on SRI strategy may be obtained in the prospectus of the Sub-fund. The Sub-Fund does not benefit from the French SRI Label. The Sub-Fund is exposed to at least 80% of its net assets into equity securities securities and equivalent from emerging markets, including Hong-Kong, defined as countries belonging to MSCI Emerging Markets Index. The Sub-Fund may also be exposed into emergin « Frontier markets » i.e. countries which are constituents of the MSCI Frontier Markets index which offer attractive investment opportunities to capture strong growth while increasing de-correlation.