Anlageziel Melchior Selected Trust - European Absolute Return Fund Class M GBP 2014 Fonds

The investment objective of the fund is to achieve longer-term capital growth, without undue risk through diversified investment in equities of companies, or using derivatives to generate exposure to such equities. The percentage of the portfolio comprised of equities will exceed 51% of total assets which are listed on a stock exchange in the European region or of companies that have their registered office, or carry out a predominant portion of their economic activity in the European region.