Anlageziel NN (L) European Participation Equity - P Cap EUR Fonds

The Sub-Fund invests mainly in a portfolio comprised of equities issued by companies established, listed or traded in any European country. The Sub-Fund uses active management to target companies whose market capitalisations are relatively small in size (i.e. ‘small caps’). Companies are selected based on factors such as their valuation, business model, management style, balance sheet or dividend distribution policy. The Sub-Fund also integrates ESG factors in our fundamental analysis. The Sub-Fund seeks to achieve substantial holdings in a limited number of small companies. Therefore, the Sub-Fund’s performance does not always follow general market trends.