Vontobel Fund II - Global Impact Equities N CHF

Objectives and investment policy This actively managed sub-fund has a sustainable investment objective which consists of investing in companies whose economic activities contribute to environmental and/or social objectives and seeks to provide long-term capital growth in EUR. It is categorized as Article 9 SFDR. 4 At least 67% of the sub-fund's assets are exposed to the equity markets by investing its assets in equities, equity-like transferable securities, including ADRs and GDRs, etc., issued by companies worldwide whose economic activities contribute to an environmental objective and/or a social objective in the investment manager's opinion ('impact'). It may invest via Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect in China AShares. It may also hold cash. 4 It focuses on eight core impact pillars ('Impact Pillars'): clean water, clean energy, solutions for sustainable cities, innovative industries & technology, good health, sustainable food, responsible consumption and equal opportunities. The targeted companies provide products and services along the whole value chain, which have the potential to tackle today's pressing problems such as population growth, urbanization and rising inequalities. The economic activities of the portfolio holdings are furthermore assessed as to how they contribute to the environmental and/or social objectives of the EU Taxonomy. At the same time the business activities of the sub-fund's investments shall not harm any other Sustainable Investment objectives (referred as DNSH, do no significant harm). This aspect is assessed via critical business involvements and environmental controversies, whereby data points from external ESG data providers serve as a guidance. The investment process also includes an evaluation of the holdings' minimum social and good governance requirements – referred to as compliance with minimum social safeguards to ensure the alignment with the OECD Guidelines for Multinational Enterprises and the UN Guiding Principles on Business and Human Rights, including the principles and rights set out in the eight fundamental conventions identified in the Declaration of the International Labour Organisation (ILO) on Fundamental Principles and Rights at Work and the International Bill of Human rights while adhering to the principle of DNSH. The sub-fund is actively managed and applies a fundamental bottom-up approach to identify companies that offer considerable long-term growth potential and a positive impact. Measurable objective/Universe/Threshold: The implementation of the positive impact selection criteria and the ESG assessment as described above leads to the exclusion of at least 20% of potential investments. Investment universe: global listed equity markets. 100% of the securities in the sub-fund have the ESG and impact selection criteria applied to it. Main methodological limits: Potential inconsistencies, inaccuracy or lack of availability of ESG data issued by external third party providers. More details on the above can be found in the prospectus. 4 The sub-fund may use derivatives to achieve the investment objective and for hedging purposes. 4 The sub-fund is not managed with reference to a benchmark. The portfolio manager has full investment discretion within the predefined investment limits. 4 Any income generated will be reinvested and included in the value of your shares. 4 Buying and selling securities entails transaction costs payable in addition to the charges listed. 4 Redemption of shares: daily when banks in Luxembourg are open for normal business (see prospectus for details and exceptions). 4 G shares are reserved exclusively for institutional investors who invest at least 50 million EUR.