Anlageziel Falcon Fund SICAV-Tocqueville-Falcon North American Value Fund Class I USD Fonds

The Falcon North American Value Fund seeks to achieve capital preservation and growth through longterm investments in equity and equity-related securities. The fund's objective is to produce superior returns and limit risk through careful selection of undervalued securities. The investment team constructs portfolios through a bottom-up selection process based on fundamental security analysis and does not seek to replicate a benchmark. Security selection is based on intensive proprietary research and a disciplined investment process.