SA国际传谋

Regulation / Supervision: CISA / FINMA (funds for qualified investors).

Authorized investors: occupational pension funds which are entered in the register of occupational pension schemes and can obtain full exemption from Japanese withholding taxes on dividends under the double taxation agreement between Switzerland and Japan.

Investment: The fund generally invests in stocks contained in the MSCI World ex Switzerland Index. The relative weightings of the companies is tilted toward their expected contribution to climate change. Companies geared toward long-term change leading to a low emissions global economy will be overweighted in the portfolio.

Convertible and warrant bonds: none.

The fund aims to overweight companies that are aligned with a transition to a lower carbon economy and underweight companies that are not.

The carbon profile of the portfolio is aligned with a net zero (1.5 degree) glide path targeting net zero by 2050.

The expected ex-post tracking error is approximately 0.5%. The maximum ex-ante tracking error target value is less than 1%.*

Currency exposure: in line with securities portfolio.

Securities lending: not permitted.

Use of derivatives: permitted under BVV2.

Japan, USA, Canada, Australian dividends: exempted from withholding tax in each case.

No investments in securities on the recommendation list for exclusion of SVVK-ASIR (www.svvk-asir.ch) and the UBS SA国际传谋 Sustainability Exclusion Policy.