Anlageziel Indosuez Funds RMB Bonds F Capitalisation Fonds

The sub-fund’s objective consists of seeking a long-term return and/or capital gain by managing a portfolio mainly composed of fixed or variable-income debt securities from issuers in the private sector, with no restriction in terms of geographical region, currency, sector, maturity or the quality of the issuer. The minimum average rating for debt securities will be BB-. Non-rated securities will no longer represent more than 15% of net assets. Section 9 of Chapter 7 ("Investment Risks") of this Prospectus describes the risks connected with an investment in high yield debt securities. Section 11 of Chapter 7 ("Investment Risks") of this Prospectus sets forth the policy adopted in the event that a security held in the portfolio subsequently becomes distressed. The sub-fund may notably invest up to 100% of its assets in securities denominated in offshore Renminbi (CNH), i.e. securities issued outside Chinese territory.