Anlageziel BNP Paribas Funds TelecomPrivilegeD Fonds

This sub-fund invests at least 2/3 of its assets in shares or other similar securities of companies that conduct the majority of their business activities in the telecommunications sector and in related or connected sectors and in financial derivative instruments on this type of asset. The remaining portion, namely a maximum of 1/3 of its assets, may be invested in any other transferable securities, money market instruments, financial derivative instruments or cash, provided that investments in debt securities of any kind do not exceed 15% of its assets, and up to 10% of its assets may be invested in other UCITS or UCI.