Gruppo Banca Leonardo

Investment Policy

The Sub-Fund will at all times invest at least two-thirds of its total assets in equities of issuers having their registered office in Italy or exercising the preponderant part of their economic activities in Italy, within the following limits:

European Equities : 75% to100% of its total assets

Debt Instruments: : 0% to 25% of its total assets.

Non-European equities: 0% al 10% of its total assets.

Minimum Initial
Subcription

Minimum initial subscription amount

Class I shares EUR: EUR 100.000

Class A shares EUR: 2.500

Class A shares EUR: N/A

Minimum additional investment amount: none

Minimum holding requirement: none

Shareholders
Expenses

Subcription fee up to 3% of the net asset value of the shares subscribed

Redemption fee: none

Conversion Charges: up to 1% of the net asset value of the shares to be converted

Class I Shares: EUR 1% per annum based on the net asset value of the Classes of Shares

Class A Shares: EUR 2% per annum based on the net asset value of the Classes of Shares

Class A Shares: EUR 2,40% per annum based on the net asset value of the Classes of Shares

Risk Profile

Benchmark