# General characteristics
Legal form	FCP
Legal country	Luxembourg
Launch date	01/04/04
Fund currency	USD
Shareclass currency	USD
Valuation	Daily
Share type	Accumulation / Income
In the case where the currency of investment is different from the Fund’s reference currency the gains are capable of varying considerably due to the fluctuations of the exchange rate.
The product discussed in this document may not be registered nor available in your jurisdiction. Please check the countries of registration with  the  asset  manager,  or  on  the  web  site https://www.axa-im.com/en/registration-map, where a fund registration map is available. The Fund referenced herein has not been registered under the United States Investment Company Act of 1940, as amended, nor the United States Securities Act of 1933, as amended. None of the shares may be offered or sold, directly or indirectly in the United States or
to any US Person unless the securities are registered under the Act, or an exemption from the registration requirements of the Act is available. A US Person is defined as (a) any individual who is a citizen or resident of the United States for federal income tax purposes; (b) a corporation, partnership or other entity created or organized under the laws of or existing in the United States; (c) an estate or trust the income of which is subject to United States federal income tax regardless of whether such income is effectively connected with a United States trade or business. In the United States, this material may be distributed only to a person who is a “distributor,” or who is not a “U.S. person,” as defined by Regulation S under the U.S. Securities Act of 1933 (as amended).'
Depending on the investment strategy used the information contained herein may be more detailed than the information disclosed in the prospectus. Any such information (i) does not constitute a representation or undertaking on the part of the investment manager; (ii) is subjective and (iii) may be modified at any time within the limits provided in the fund prospectus.
This document is for informational purposes only and does not constitute investment research or financial analysis relating to transactions in financial instruments as per MIF Directive (2014/65/EU), nor does it constitute on the part of AXA Investment Managers or its affiliated companies an offer to buy or sell any investments, products or services, and should not be considered as solicitation or investment, legal or tax advice, a recommendation for an investment strategy or a personalized recommendation to buy or sell securities.
The information contained herein is intended solely for the entity and/or person(s) to which it has been delivered, unless otherwise allowed under applicable agreements. AXA Investment Managers hereby disclaims any responsibility for any subsequent reproduction, redistribution or transmittal, along with any liability stemming from such activities. Due to its simplification, this document is partial and the information can be subjective. AXA Investment Managers Paris may but shall not be obligated to update or otherwise revise this document without any prior notice. All information in this document is established on the accounting information or on market data basis. All accounting information is un-audited. AXA IM and/or its affiliates may receive or pay fees or rebates in relation to the Mutual Fund or investment vehicle. AXA Investment Managers Paris disclaims any and all liability relating to a decision based on or for reliance on this document. The most recent prospectus is available to all investors and must be read prior subscription and the decision whether to invest or not must be based on the information contained in the prospectus.
AXA Funds Management, a société anonyme organized under the laws of Luxembourg with the Luxembourg Register Number B 32 223RC, and whose registered office is located at 49, Avenue J.F. Kennedy L-1885 Luxembourg
Depending on the recipient’s respective jurisdiction or region, the following additional disclosures may apply:
For Chilean Investors:This private offer avails itself of the General Regulation No. 336 of the Superintendence of Securities and Insurances (currently the Financial Markets Commission).
This offer relates to securities not registered with the Securities Registry or the Registry of Foreign Securities of the Financial Markets Commission, and therefore such securities are not subject to oversight by the latter; Being unregistered securities, there is no obligation on the issuer to
provide public information in Chile regarding such securities; and these securities may not be subject to a public offer until they are registered in the corresponding Securities Registry.
Para inversionistas chilenos: ESTA OFERTA PRIVADA SE ACOGE AL REGLAMENTO GENERAL Nº 336 DE LA SUPERINTENDENCIA DE VALORES Y SEGUROS (ACTUALMENTE COMISIÓN DE MERCADOS FINANCIEROS). ESTA OFERTA SE REFIERE A VALORES NO INSCRITOS EN EL REGISTRO DE VALORES O EN EL REGISTRO DE VALORES EXTRANJEROS QUE LLEVA LA COMISIÓN DE MERCADOS FINANCIEROS, POR LO QUE TALES VALORES NO ESTÁN SUJETOS A LA FISCALIZACIÓN DE ÉSTA; POR TRATARSE DE VALORES NO INSCRITOS NO EXISTE LA OBLIGACIÓN POR PARTE DEL EMISOR DE ENTREGAR EN CHILE INFORMACIÓN PÚBLICA RESPECTO A LOS VALORES SOBRE LOS QUE SE REFIERE ESTA OFERTA; ESTOS VALORES NO PODRÁN SER OBJETO DE OFERTA PÚBLICA MIENTRAS NO SEAN INSCRITOS EN EL REGISTRO DE VALORES CORRESPONDIENTE.
For Peruvian Investors: AXA Investment Managers is not licensed and it is not legally required to be licensed by the Peruvian Securities Regulator (Superintendencia del Mercado de Valores – SMV) for these activities.
Consequently, the Peruvian Securities Regulator does not exercise any kind of supervision regarding this fund, strategy and/or service; and, the information furnished to the investors and the rest of the services rendered by AXA Investment Managers are subject to its exclusive responsibility. In Peru, this document is only for the exclusive use of persons or entities qualifying as “Invesionistas Institucionales” under Peruvian Law. This document is not for public distribution.
AXA Investment Managers no tiene y no está legalmente obligada a tener una autorización por parte de la Superintendencia del Mercado de Valores para estas actividades. En consecuencia, la Superintendencia del Mercado de Valores no ejerce ningún tipo de supervisión sobre el fondo, la estrategia, y/o los servicios; y la información proporcionada a los inversionistas y los demás servicios que les presta son de exclusiva responsabilidad de AXA Investment Managers. En el Perú, este documento es para el uso exclusivo de personas o entidades que califiquen como “Inversionistas Institucionales” bajo las leyes peruanas. Este documento no es para distribución al público.
For Uruguayan Investors: The sale of the shares/units qualifies as a private placement pursuant to section 2 of Uruguayan law 18,627. The shares/units must not be offered or sold to the public in Uruguay, except in circumstances which do not constitute a public offering or distribution under Uruguayan laws and regulations. The shares/units are not and will not be registered with the Financial Services Superintendency of the Central Bank of Uruguay. The shares/units correspond to investment funds that are not investment funds regulated by Uruguayan law 16,774 dated September 27, 1996, as amended.

Translation (ENFR, 2021-05-28):
# Caractéristiques générales
Forme juridique	FCP
Nationalité	Luxembourg
Les produits mentionnés dans ce document peuvent ne pas être autorisés ou disponibles dans votre juridiction. Nous vous invitons à vérifier avec la société de gestion ou directement sur son site Internet (https://www.axa-im.com/en/registration-map) la liste des pays de commercialisation du fonds. En particulier, les parts du fonds ne peuvent pas être proposées, vendues ou transférées à des Ressortissants des
États-Unis, tels que définis à la règle S de la loi sur les valeurs mobilières de 1933 (« U.S. Securities Act »). Le traitement fiscal relatif à la détention, la souscription ou le rachat d’actions ou de parts du fonds dépend du statut ou du traitement fiscal de chaque investisseur et est susceptible d’être modifié. Tout investisseur potentiel est fortement encouragé à demander conseil à ses propres conseillers fiscaux.
En fonction de la stratégie d’investissement de l’OPCVM ces données peuvent être différentes de celles mentionnées dans le prospectus. Elles ne constituent pas un engagement contractuel de la société de gestion, peuvent être subjectives, et sont susceptibles d’évoluer sans préavis dans les limites du prospectus.
Ce document est exclusivement conçu à des fins d’information. Il ne constitue ni un élément contractuel, ni un conseil en investissement. Du fait de leur simplification, les informations contenues dans ce document sont partielles. Elles peuvent être subjectives et sont susceptibles d'être modifiées sans préavis. Toutes ces données ont été établies sur la base d’informations comptables ou de marché. Les données comptables n’ont pas toutes été auditées par le Commissaire aux comptes. AXA IM et/ou ses affiliés peut recevoir ou payer une rémunération ou une rétrocession en relation avec l'OPCVM ou l'OPC ou le fonds d'investissement. La responsabilité d’AXA IM Paris ne saurait être engagée par une prise de décision sur la base de ces informations. Préalablement à toute souscription l’investisseur doit prendre connaissance du prospectus mis à disposition sur simple demande.
AXA Funds Management, Société anonyme au capital de 423.301,70 Euros, domiciliée au 49, Avenue J. F. Kennedy L-1855 Luxembourg est une société de gestion de droit Luxembourgeois agréée par la CSSF, enregistrée au registre du commerce sous la référence RC Luxembourg B 32 223RC.