# Model asset allocation breakdown
### GAM MFS Global Growth Portfolio – This strategy is designed for clients seeking to participate primarily in global equity market growth while maintaining an element of capital protection.
It is intended that the Fund will maintain a bias towards equity collective investment schemes with additional diversifying exposure to fixed income, absolute return and alternative collective investment schemes.

### Asset Class	Manager - Fund	%

### 	Credit 4.0%		 GAM Star Credit Opportunities GBP		4.0

### Active Global High Income Bond Fund Hedged Active Global High Income Bond Fund Unhedged GAM Star MBS Total Return Hedged

### GAM Star MBS Total Return Unhedged

### Specialist 9.9%

### 2.9

### 3.0

### 1.8

### 2.2

### Fixed Income 13.9%

### 	Global Macro 3.7%		 JPM Global Macro Opportunities Fund		3.7

### 	Global 5.9%		 GAM Star Disruptive Growth		5.9

### Amundi Prime Eurozone ETF

### BGF Continental European Flexible Fund Comgest Growth Europe ex-UK

### Polar Capital Funds UK Value Opportunities Fund Ninety One Funds UK Alpha Fund

### Europe 10.7%

### UK 9.7%

### 3.5

### 3.5

### 3.7

### 5.1

### North American 15.2%

### 4.6

### Absolute Return 3.7%

### Asia Pacific 7.9%

### Japan 12.5%

### 3.8

### iShares Edge MSCI USA Value Loomis Sayles US Equity Leaders Loomis Sayles US Growth Equity Fund Amundi Prime USA ETF

### 0.0

### 5.9

### 5.6

### CompAM Cadence Strategic Asia Veritas Asian

### Coupland Cardiff Japan Alpha JPM Japan Fund

### 3.9

### 4.1

### 6.2

### 6.3

### RWC Global Emerging Markets Fund GAM Emerging Equity

### Amundi Msci Emerging Markets ETF

### Emerging 11.5%

### 4.4

### 3.1

### Alternatives 5.4%

### 4.0

### Equity 73.5%

### Alternatives 5.4%

### Cash 3.5%

### 2.3

### iShares Physical Gold ETC

### Premier Pan European Property Share

### 3.1

Translation (ENIT, 2021-09-30):
# Asset allocation modello
GAM MFS Global Growth Portfolio – Questa strategia è idonea per quei clienti che desiderano partecipare principalmente all’espansione del mercato azionario globale, preservando al contempo l’elemento di protezione del capitale.
Si prevede che il Fondo conserverà una preferenza per gli organismi d’investimento collettivo che investono in azioni e hanno un’esposizione diversificata complementare alle obbligazioni e per gli organismi d’investimento collettivo che seguono strategie absolute return ed alternative.

### Classe di attivi	Manager - Fund	%

### 	Credito 4.0%		 GAM Star Credit Opportunities GBP		4.0

### Active Global High Income Bond Fund Hedged Active Global High Income Bond Fund Unhedged GAM Star MBS Total Return Hedged

### GAM Star MBS Total Return Unhedged

### Specialist 9.9%

### 2.9

### 3.0

### 1.8

### 2.2

### Reddito fisso 13,9%

### 	Global Macro 3.7%		 JPM Global Macro Opportunities Fund		3.7

### 	Globali 5.9%		 GAM Star Disruptive Growth		5.9

### Amundi Prime Eurozone ETF

### BGF Continental European Flexible Fund Comgest Growth Europe ex-UK

### Polar Capital Funds UK Value Opportunities Fund Ninety One Funds UK Alpha Fund

### Europa 10.7%

### Regno Unito 9.7%

### 3.5

### 3.5

### 3.7

### 5.1

### America del Nord 15.2%

### 4.6

### Absolute Return 3,7%

### Asia Pacific 7.9%

### Giappone 12.5%

### 3.8

### iShares Edge MSCI USA Value Loomis Sayles US Equity Leaders Loomis Sayles US Growth Equity Fund Amundi Prime USA ETF

### 0.0

### 5.9

### 5.6

### CompAM Cadence Strategic Asia Veritas Asian

### Coupland Cardiff Japan Alpha JPM Japan Fund

### 3.9

### 4.1

### 6.2

### 6.3

### RWC Global Emerging Markets Fund GAM Emerging Equity

### Amundi Msci Emerging Markets ETF

### Emergenti 11.5%

### 4.4

### 3.1

### Strumenti alternativi 5.4%

### 4.0

### Azionario 73,5%

### Strumenti alternativi 5,4%

### Liquidità 3,5%

### 2.3

### iShares Physical Gold ETC

### Premier Pan European Property Share

### 3.1