Protea UCITS II - VICTORY FAR EAST OPPORTUNITY - A USD ACC Fonds

The objective of this Sub-Fund is to achieve long-term capital growth by mainly having an exposure to equities and debt securities issued by companies that are domiciled in and/or have their registered headquarters and/or conduct the majority of their business in the APAC region. The Sub-Fund will mainly invest: - directly in the securities mentioned in the previous paragraph, and/or - in undertakings for collective investment (UCIs) having as main objective to invest in the above-mentioned securities, and/or - in any transferable securities, such as structured products and including P-Notes linked or offering an exposure to the performance of the above-mentioned securities. - Investments in units or shares in collective investment schemes (UCITS and/or other UCIs) are limited to a maximum 10% of the Sub-Fund's net assets (including money market funds). The choice of investments will neither be limited by economic sector nor in terms of currencies in which investments will be denominated. However, depending on financial market conditions, a particular focus can be placed in a single country (or some countries) of the Asia and Pacific region and/or in a single currency and/or in a single economic sector. Investments in Chinese equities/stocks will be made through ADR (American Depositary Receipt), GDR (Global Depositary Receipt) or Hong Kong listed Chinese companies (i.e. China H shares) and via China A Shares. In order to invest in China A shares, the Sub-Fund may use the Shanghai - Hong Kong Stock Connect and/or the Shenzhen - Hong Kong Stock Connect and/or any similar acceptable securities trading and clearing linked programmes or access instruments which may be available to the Sub-Fund in the future. Investments in Chinese debt securities may be performed, inter alia, on the China Interbank Bond Market ('CIBM').