Candriam M Global Trading C USD

The investment objective of the Sub-Fund is to deliver positive returns over a 3 years’ time investment horizon, with low correlation to equity markets and to most traditional asset classes. The Sub-Fund is not managed with reference to any index, it is actively managed on a discretionary basis. The Sub-Fund will implement its investment objective by investing in a broad range of trading strategies in all asset classes including but not limited to global macro, commodity trading advisor strategies, systematic strategies and statistical arbitrage. The fund will invest in, but not limited to, hedge funds, futures funds, commodity funds, equity funds, debt funds and foreign exchange funds. The Sub-Fund will invest in such Underlying Funds by spreading the assets of the Sub-Fund across a selected group of Submanagers. The Sub-Fund invests directly or indirectly in shares or units of other Underlying Funds, ETF, certificates, ETN and limited partnerships. The Sub-Fund’s investment objectives may also be implemented by participating in non-unit investments. Such investments can directly or indirectly employ leverage. The Sub-Fund will not invest more than 20% of its net assets in securities (other than shares of Underlying Funds) issued by the same issuer and not acquire more than 10% of the securities (other than shares of Underlying Funds) issued by the same issuer. The Sub-Fund may, for efficient portfolio management or hedging purposes, use listed or OTC derivatives. The maximum global exposure of the Sub-Fund, including the derivative instruments and borrowing, will never be more than 200% which means that the total leverage is limited to 100% of the net assets. The Sub-Fund may seek from time to time to hedge a portion of its currency risks through the use of derivative instruments. The Sub-Fund may borrow amounts of up to 35% of its Net Asset Value at any one time either to further the investment policy and strategy or to meet temporary cash shortages caused for instance by the need to satisfy requests by Shareholders for the redemption of Shares, to meet timing differences in investment sales and purchases in relation to the Sub-Fund and to meet any currency exposure payments. The Sub-Fund does not have a sustainable investment objective and does not specifically promote environmental and/or social characteristics. The Reference Currency of the Sub-Fund is the USD. Shareholders may redeem Shares on demand on the last Bank Business Day in Luxembourg of each month subject to a 65 calendar days prior notice as further detailed in the Prospectus. Income derived from the Sub-Fund is reinvested for shares of capitalization. Recommendation: this Sub-Fund may not be appropriate for investors who plan to withdraw their money within less than 3 years. , , .