Dear Shareholder, The Company’s board of directors (the "Board") hereby informs you of the following changes to be made to the prospectus of the Company (the “Prospectus”):
1) Change of investment policy
The Sub-Fund’s investment policy will be changed in order to foresee that the sub-fund may invest up to 100% of its net assets in any type of bonds issued in the Eurozone, to remove the possibility to invest in credit notes and to foresee that the sub-fund may invest up to 10% in securities which are not rated investment grade.
The fact that at least 75% of the Sub-Fund’s net assets will be invested in investment grade
government bonds issued in the Eurozone and that the Sub-Fund may invest up to 20% in cash
or cash equivalents has also been clarified
As from 31 of December 2021, the revised investment policy of the Sub-Fund will therefore read as follows:
"Objective To outperform (net of fees) the Bloomberg Barclays Capital Euro Government Inflation-Linked Bond Index, over any given 3-year period. Investment policy
The sub-fund invests at least 75% of its net assets in investment grade government bonds issued in the Eurozone.