Algebris UCITS Funds plc - Algebris Core Italy Fund EB EUR Acc

The Fund aims to achieve a high level of income and capital appreciation, over an investment cycle of approximately 3 to 5 years. The Fund will seek to achieve a total return which exceeds the return of the composite performance benchmark (90% FTSE Italy All Share Capped and 10% cash). The Fund invests primarily in equity securities of Italian companies, focusing on the small and midcapitalization segment of the market, and can also invest in credit. The Fund’s currency exposure is hedged vis-à-vis the base currency of the Fund (Euro).