NN (L) Alternative Beta (X Cap EUR)

Valuation Day

06/12/2022

Net Asset Value

477.2800

Risk level

MorningStar

Investment Scope

The Sub-Fund is actively managed and aims to provide long-term capital growth by investing in a set of liquid financial market betas where allocations are determined by our proprietary sophisticated quantitative models. These sophisticated models aim to capture the main return drivers of well performing themes prevailing in alternative markets such as the hedge fund industry striving for positive returns irrespective of market conditions.

For this purpose, exposure to the relevant markets is mainly taken (i.e. at least 2/3 of its net assets) through a broad range of indices by investing in linear (e.g. Total Return Swaps, futures, forwards) and non-linear derivative financial instruments (e.g.
options), cash instruments, fixed income instruments (e.g. cash, money market, bonds, deposits). The sub-fund does not have a benchmark. Strict risk controls are in place to manage the risks of the fund. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings.

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Past returns do not predict future returns

Historical NAV

Calendar Year Performance (NET %)

Cumulative Performance (ΝΕΤ %)

EUR 1y 3y 5y
Fund 7.90 27.71 40.86
Share Class Benchmark - - -
Date Report 30/11/2022

Practical Info

ISIN Code: LU0370038597
Currency: EUR
Unit class: X CAP
Asset class: Structured Products
Region:

Risk and Reward Profile

Historical data, such as is used for calculating this indicator, may not be a reliable indication of the future risk profile of this fund. There is no guarantee that the risk indicator will remain unchanged, it may shift over time. The lowest category of risk does not mean that the investment is riskfree.
This fund is in this specific category, because of the behaviour of the product during the measuring period. The overall market risk, taking into account past performances and future potential evolution of the markets, associated with stocks and/or financial instruments used to reach the investment objective is considered high.These financial instruments are impacted by various factors.

These include, but are not limited to, the development of the financial market, the economic development of issuers of these financial instruments who are themselves affected by the general world economic situation and the economic and political conditions in each country. The Sub-Fund’s liquidity risk is set to medium. Liquidity risks may arise when a specific underlying investment is difficult to sell. Moreover, currency fluctuation may impact highly the Sub-Fund’s performance. No guarantee is provided as to the recovery of the initial investment.

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Synthetic Risk and Reward Indicator

Interest Form

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