NN (L) European Sustainable Equity - I Cap EUR

The Sub-Fund essentially invests in a diversified portfolio comprised of equities and/or other Transferable Securities (warrants on Transferable Securities – up to a maximum of 10% of the net assets of the Sub-Fund – and convertible bonds) issued by selected companies. The Sub-Fund uses active management to target companies with sustainable business models, focusing on products and services delivered, with deviation limits relative to the Index. The Sub-Fund also aims for a lower carbon footprint than the Index. Its composition will materially deviate from the Index. The selection process involves both financial analysis and ESG (Environmental, Social and Governance) analysis. Exclusion filters are used for companies that are deemed to behave irresponsibly. These exclusion filters relate to both activities and behaviours.