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* The results obtained may be reduced by the front-load fees and the taxes due.
- The sub-fund invests primarily into the ETC (Exchange-Trade Commodity) instruments reflecting the price of gold expressed in USD.
- The sub-fund portfolio also contains ETF (Exchange-Traded Fund) instruments, investing into companies that explore, mine, process, distribute or trade in gold, whose share is adapted to the current market environment.
- The portfolio is supplemented by debt securities and money market instruments.
- Striving to hedge against the FX risk.
The sub-fund also has the possibility of investing funds in investment categories other than the ones defined above. A full description of the investment policy is set out in the Fund’s articles of association which are available at www.generali-investments.pl, tab: Documents.
The subfund's investment policy and its name has changed on January 11, 2020. The subfund's results presented until January 11, 2020 are the results achieved during the previously implemented investment policy.
The sub-fund is addressed to investors who:
- intend to invest in the sub-fund investing in instruments with exposure to gold or companies whose value is dependent on the price of gold, and whose objects include gold exploration, mining, processing or trading,
- accept high investment risk,
- whose investment horizon is at least 5 years.
20% of the sub-fund's net result above the benchmark in a given crystallisation period, subject to the limitations set out in the prospectus.
