ELEVA EUROPEAN OPTIMA

The investment objective of the Fund is to outperform the Stoxx Europe 600 EUR Index NTR (SXXR) (the "Benchmark Index") over a long-term horizon by exploiting investment opportunities on the equity markets, while providing a fixed stream of distributions. The Fund is actively managed meaning that the Management Company is taking investment decisions with the intention of achieving the Fund’s investment objective with complete discretion with respect to portfolio allocation and overall level of exposure to the market. The Fund's investment universe is limited by the components of the Benchmark Index but, is not in any way constrained by the Benchmark Index in its portfolio positioning. The deviation from the Benchmark Index may be significant in terms of weighting proportion as the Fund will not necessarily invest in all the constituents of the Benchmark Index. The fund is article 8 of SFDR. The Portfolio will be selected according to the Investment Manager’s ESG rating, based on a best-in-universe approach. The methodology consists of two (2) steps: Step 1, strict exclusions: The Investment Manager excludes companies from the initial investment universe which have significant negative impacts on specific ESG factors (described in the prospectus), and Step 2, positive ESG screenings.