Anlageziel Global Evolution Funds - Frontier Supranational Debt L-DD EUR H Fonds

The investment objective of the Sub -Fund is to generate returns. To achieve this objective, the Fund will invest at least 60% in transferable debt securities and money market instruments issued or guaranteed by sovereigns, corporate and supra -nationals from Frontier Markets denominated mainly in local currencies. Up to 40% may be invested in transferable debt from anywhere in the world (including Emerging Markets not qualifying as Frontier Markets in which the sub -fund may invest up to this percentage) as w ell as financial derivative instruments that provide exposure to Frontier Markets. It will not exceed 40% of its Net Asset Value in money market instruments, cash and cash equivalent accounts. The sub -fund may have exposure to structured debt securities and financial derivatives. The sub -fund will invest up to 20% of the sub - fund assets in Non -Deliverable Forward for investment purposes.