UBAM Positive Impact Emerging Equity Fund

Sustainable, Responsible &/or ESG Policy:

Objectives and investment policy

The Fund seeks to grow your capital and generate income primarily by investing primarily in Emerging countries equities or equivalent (including China A-Shares through the Shanghai Hong Kong Stock Connect up to 25%).

The Fund is actively managed and relatively concentrated (typically containing less than 50 names) with low turn-over and no restriction on the percentage invested in small and mid-capitalization.

100% of the invested companies are positive contributors to one or more environmental / social objectives.

The Fund addresses the United Nation's Sustainable Developments Goals through 6 themes, 3 environmental (healthy ecosystems, climate stability, sustainable communities) and 3 societal (basic needs, health & wellbeing, inclusive & fair economies).

The primary sustainable objective is to invest in companies which have products, services and/or processes which contribute to the solution of environmental and/or social problems as defined by the UN, including, but not limited to climate change mitigation, promotion of circular economy solutions, affordable healthcare and education, and the protection and restoration of biodiversity.

The construction of the universe is driven by positive inclusion, rather than exclusion. That is to say, through the 6 thematic lenses, the Investment Manager builds a universe through adherence to the the intensity of impact (IMAP) system and positive Environmental, Social and Governance (ESG) credentials.

The Investment Manager performs a negative screening, based on the exclusion list and ESG profile to filter the investment universe. Impact and ESG credentials are fully integrated into decision making regarding the purchase, sale and position-sizing of underlying holdings. The IMAP score in combination with ESG and financial analysis will determine the size of the positions in the portfolio.

The investment process draws from the collaboration of the Investment Manager (Union Bancaire Privée, UBP SA) with Cambridge Institute for Sustainability Leadership ("CISL"). CISL is not involved in the stock selection of this Fund. The ESG analysis covers at least 90% of the Fund’s portfolio.

A performance fee in reference to the MSCI Emerging Markets Index USD (the "Benchmark") is applied to some share classes. The Benchmark is representative of the investment universe and of the risk profile of the Fund.

The Investment Manager has significant discretion to deviate from the Benchmark's constituents in respect to countries, sectors, issuers and instruments, especially in view of the fact that the Benchmark is a standard reference used to frame the Fund’s universe but is not aligned with the environmental and/or social characteristics promoted by the Fund.

(Source: KIID, as at December 2025)

SDR Labelling:

Not eligible to use label (out of scope)