The Sub-Fund aims mainly to provide capital growth in line with a systematic strategy on a selected equity indices as described below (the “Derivative Investment Strategy”), bank deposits, money market instruments and an actively managed portfolio of transferable debt securities, including fixed and variable interest rate securities and government bonds admitted to an Official Listing or dealt in on a Regulated Market, traded worldwide.

The Derivative Investment Strategy commences on December 7, 2018 and matures on December 8, 2028 (the “Investment Period”).

The Derivative Investment Strategy’s performance at the end of the Investment Period is based on a performancevaluation mechanism according to points a), b), c), and d) below:

a) The Equity Indices: EURO STOXX 50 (Bloomberg ticker: SX5E Index), NIKKEI 225 (Bloomberg ticker: NKY) and S&P 500 (Bloomberg ticker: SPX Index) are selected.

The EURO STOXX 50 (Index A) index tracks the 50 largest in terms of market capitalization and mostliquid Super sector leaders in the Euro-zone.

Source: http://www.stoxx.com/download/indices/rulebooks/stoxx_indexguide.pdf(page 45).

The S&P 500 index (Index B) includes 500 leading companies and captures approximately 80% coverage of available US market capitalization.

https://us.spindices.com/indices/equity/sp-500

The NIKKEI 225 index (Index C) is used globally as the premier index of Japanese stocks. The Nikkei 225 is a price-weighted equity index, which consists of 225 stocks in the 1st section of the Tokyo Stock Exchange.

https://indexes.nikkei.co.jp/en/nkave/index/profile?idx=nk225

b) December 7, 2018 is defined as the “Derivative Investment Strategy Initial Observation Date”, December 8, 2028 is defined as “Derivative Investment Strategy Final Observation  Date”, and December 15, 2028 is defined as “Derivative Investment Strategy Termination Date”.

c) If for at least one index from Indices A, B and C its closing level on the Final Observation Date is lower than its closing level on Initial Observation Date, then on the Derivative Strategy Termination  Date the sub-fund gains an amount equal to 6.75% on the Derivative’s Strategy outstanding notional amount on that date.

d) Otherwise, i.e. if for all Indices A,B and C their closing levels on Final Observation Date are equal to or greater than their corresponding closing levels on Initial Observation Date, then on the Derivative Strategy Termination Date the sub-fund gains 26.5% on the Derivative’s Strategy outstanding notional on that date.