La Française LUX - Inflection Point Carb Impact Global S EUR - Capitalisation

To contribute to the transition to a low carbon economy while achieving long-term capital growth. Specifically, the sub-fund seeks to outperform (net of fees) the reference benchmark MSCI All Country World Index ((MSCI ACWI Daily Net Total Return) over any given 5-year minimum. Reference benchmark • EUR-denominated shares: MSCI AC World Daily Net Total Return in EUR (NDEEWNR) • USD-denominated shares: MSCI AC World Daily Net Total Return in USD ( M1WD) The sub-fund is actively and discretionarily managed. The index is used to define the eligible investment universe with the objective of reducing carbon footprint. The management strategy includes tracking the difference in the risk level of the portfolio relative to that of the index. A moderate deviation from the risk level of the index is anticipated.