Holdings RDT-DBI fund aims to achieve the highest return as possible on a long-term investment horizon through an active management strategy.

The Fund equity exposure range between 70 to 100% of total net assets, with no sector, currency, nor capitalization constraints. The fund has the possibility to use derivatives for hedging or yield enhancement.

The relatively low liquidity level of specific Holdings company makes it a long-term investment.

We therefore recommend an investment holding period of at least 3 year to fully appreciate the potential Holdings discount arbitrage.

Holdings RDT-DBI fund is situated in the mid-segment of Eurinvest Partners risk-return matrix.

The risk/reward rating above is based on medium-term volatility. Going forward, the Sub-Fund’s actual volatility could be lower or higher, and its rated risk/reward level may be changed.

The rating does not reflect the possible effects of unusual market conditions or large unpredictable events, which could amplify everyday risks and could trigger other risks, such as:

• Liquidity risk: Certain securities could become hard to sell at a desired time and price.
• Operational risk: In any market, but especially in emerging markets, the fund could lose some or all of its money through a failure in asset safekeeping or through fraud, corruption, political actions or any other unexpected events.
• Counterparty risk: The Sub-Fund could lose money if an entity with which it does business becomes unwilling or unable to honor its commitments to the Sub-Fund.
• Concentration risk: To the extent that the Sub-Fund invests heavily in a company, industry or country that is heavily affected by an adverse event, its value could fall.
• Management risk: Portfolio management techniques that have worked well in normal market conditions could prove ineffective or detrimental during unusual conditions.
• Fiscal risk: the perennity of the RDT-DBI regime is not guaranteed and can be a risk in case of a change in government and fiscal policies.
• Inflation risk: can emerge due to the characteristics of some targeted markets.