ZCS - Investimenti Flex

MANAGEMENT COMPANY

Zeus Asset Management SA

36, Rue des Aubépines
L-8052 Bertrange - Luxembourg

DESCRIPTION

The Sub-Fund may invest up to 100% of its Net Asset Value in a single category of Transferable Securities (e.g., equities or bonds) listed or admitted to trading on a Regulated Market. The Sub-Fund may invest up to 10% of its Net Asset Value in Transferable Securities which are not listed or admitted to trading on a Regulated Market. The Sub-Fund may invest up to 80% of its Net Asset Value in Transferable Securities issued by companies having their registered office in one and the same country. The Sub-Fund may invest up to 90% of its Net Asset Value in Transferable Securities denominated in a currency other than Euro.  In respect of bonds, the Sub-Fund's exposure will focus on companies facing restructuring issues, thus higher returns linked to the undervaluation of such companies are expected. The Sub-Fund may invest up to 10% of its Net Asset Value in units of UCITS and/or other UCIs.