# Marketing Material - Data as of 31.01.2022 NAV per share EUR 13.0381
Fund description	Risk profile

### The investment objective of the Fund is to achieve long term capital appreciation. The Fund seeks to achieve this objective by

## Investment objective:
taking long and short positions primarily in equities (e.g. shares) or equity related derivative contracts (e.g. contracts for difference and futures) of technology related companies. Such companies will be listed on or dealt in Recognised Markets globally (including in Emerging Markets) and up to 10% of the Fund’s Net Asset Value may be invested in unlisted equities of such companies.
Opportunities:	

### A highly qualified and experienced management team actively manages the Fund on the basis of a fundamental valuation approach.

### The objective is to identify the potential investments that, in the Investment manager's opinion, are most attractive and to generate interesting and profitable opportunities for investors.

### The Fund invests in a broadly diversified equity universe and seeks opportunities for returns wherever they exist.
The Fund primarily pursues a sector-neutral long/short strategy, giving it the opportunity to profit from both rising and falling prices. The expected volatility is likely to be significantly lower than in traditional equity Funds.
Risk factors:	
Counterparty Risk / Derivatives: If a counterparty to a financial derivative contract were to default, the value of the contract, the cost to replace it and any cash or securities held by the counterparty to facilitate it, may be lost.
Leverage Risk: Derivatives may multiply the exposure to underlying assets and expose the Fund to the risk of substantial losses. Currency Risk - Non Base Currency Share Class: Non-base currency share classes may or may not be hedged to the base currency of the Fund. Changes in exchange rates will have an impact on the value of shares in the Fund which are not denominated in the base currency. Where hedging strategies are employed, they may not be fully effective.

### Concentration Risk: Concentration in a limited number of securities and industry sectors may result in more volatility than investing in broadly diversified Funds.

### Equity: Investments in equities (directly or indirectly via derivatives) may be subject to significant fluctuations in value.

### Capital at Risk: All financial investments involve an element of risk. Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed.
Special Country Risk / China: Changes in China's political, social or economic policies may significantly affect the value of the Fund's investments. China's tax law is also applied under policies that may change without notice and with retrospective effect.

Translation (ENES, 2022-01-31):
# Documentación de marketing - Datos al 31.01.2022 Valor liquidativo neto EUR 13,0381
Descripción del fondo	Perfil de riesgo

### Es conseguir la revalorización del capital a largo plazo. El Fondo trata de alcanzar este objetivo adoptando posiciones largas y

## Objetivo de inversión:
cortas principalmente en valores de renta variable (como acciones) o en contratos derivados de renta variable (como contratos por diferencias y futuros) de empresas tecnológicas. Dichas empresas estarán cotizadas o negociadas en Mercados Reconocidos de todo el mundo (incluidos los mercados emergentes) y hasta el 10 % del Patrimonio Neto del Fondo podrá estar invertido en valores de renta variable no cotizados de dichas empresas.
Oportunidades:  

### El fondo lo administra un equipo de gestión experimentado y cualificado siguiendo un enfoque de valoración fundamental.

### El objetivo consiste en identificar las posibles inversiones que, en opinión del gestor de inversiones, resulten más atractivas y

### generen oportunidades interesantes y rentables para los inversores.
El fondo invierte en un universo de renta variable muy diversificado y busca oportunidades de rentabilidad allá donde las haya. El fondo sigue esencialmente una estrategia de posiciones largas/cortas neutral con respecto a los sectores, lo que brinda la oportunidad de beneficiarse tanto de las subidas como de las bajadas de precios.

### Es probable que la volatilidad esperada sea considerablemente menor que en los fondos de renta variable tradicionales.