Anlageziel Hereford Funds - Valverde Asean Fund L1I USD Fonds

The investment objective of the Compartment is to provide long term capital growth, measured in USD, primarily through investment in equities and equity-linked securities of ASEAN companies. The Compartment will also not invest more than 20% of its net assets in companies listed outside ASEAN stock exchanges. Investment exposure will be achieved through equities and equity-linked securities, such as shares and depositary receipts. Investors should refer to the "Risk Warning" section for special risk considerations applicable to this Compartment.