Aphilion Q² SICAV - Equities A Capitalisation

The assets of the sub-fund "Aphilion Q2 - Equities" are mainly invested in shares or comparable securities of countries belonging to the OECD, principally Western Europe, the USA and Japan. The sub-fund aims to be more than 95% invested in the equity markets but always holds a small percentage of liquidities to allow for flexible portfoliomanagement. The assets are invested so as to generate a value increase in the mid-long term and the underlying philosophy of the fund is to search for undervalued shares and sectors which may best contribute to this objective (taking into account various risks such as equity market risk premium, sensitivities to interest rate movements, sector rotations, sustainability risks).