TreeTop World Select Equity Index PH

The product aims to replicate, as closely as possible, within the framework of passive management, the performance of the MSCI ACWI Select Filtered Index, net dividends reinvested (net return) (the “Index”), regardless of whether its performance is positive or negative. The management company aims to achieve a tracking error (ex-ante) between the performance of the product and that of the Index of less than 5% (without any guarantee being given in this regard by the management company). This product features partial currency hedging: a 100% hedge against the EUR for currencies of developed markets and no hedging for currencies of emerging markets. In this context, the different products offered may exhibit varying levels of deviation from the Index, in particular due to the impact of the currency hedging strategy. For this product, currency risk will be reduced through partial hedging; however, the level of tracking difference relative to the unhedged MSCI ACWI Select Filtered Index will be higher. Historical differences make it possible to estimate this level of tracking difference at 5% (estimate under normal market conditions), which may be exceeded in the event of significant currency volatility. The Index is an equity index calculated and published by the international index provider MSCI Inc. (“MSCI”). The equities comprising the MSCI ACWI Select Filtered Index are drawn from the universe of the largest companies in developed and emerging equity markets worldwide, by applying selection criteria to exclude companies involved in activities that do not meet the environmental, social or governance (ESG) standards determined by MSCI. Exposure to the Index will be achieved primarily through physical replication, involving direct investment in the constituents of the Index. Such replication may generate portfolio transaction costs that may have a significant impact on performance and will be borne by the assets of the product. However, in order to manage subscriptions and redemptions and to address specific features of certain local equity markets (market access, liquidity, local taxation), the management company may combine physical replication with synthetic replication through the use of derivative instruments such as futures contracts and/or other collective investment undertakings, including exchange-traded funds. In the event of synthetic replication of the Index, counterparty risk will be increased. You can request the redemption of your units on any bank business day in Brussels. Redemption orders are processed on a daily basis, subject to the limitations provided for in the prospectus and the articles of association. This product does not distribute dividends (which means that the income generated is added to the price of the product).
The product is aimed for the general public, i.e., individuals or legal entities wishing to invest for the long term (we recommend an investment horizon of 5 years). The investor must have a good knowledge of the risks associated with financial markets and be prepared to accept capital losses due to fluctuations in the value of the assets in the portfolio.
These objectives as well as the investment policy are an exact copy of those indicated in the corresponding KID.
The investment which is promoted concerns the acquisition of units or shares in a fund, and not in a given underlying asset.