Anlageziel AXA World Funds - Chorus Systematic Macro EX Capitalisation USD Fonds

To seek positive returns over the medium term that have low correlation with traditional asset classes. The Sub-Fund is actively managed and uses as reference the benchmark index specified in the section “Performance charges taken from the Sub-Fund” below (the “Benchmark"), for the purpose of performance fees' calculation of the performance fee share class against it. As the Benchmark is a rate notably used for performance measurement and the Sub-Fund's investment allocation or holdings' composition is not constituted in relation to the Benchmark, the deviation from the Benchmark is likely to be significant.