BestSelect-Federated Hermes Global Impact Opportunities Equity (the Fund) invests globally in equities issued by companies which will benefit from meeting the world’s environmental and social challenges. Kempen Capital Management NV has outsourced stock selection and portfolio management to Hermes Fund Managers Ireland Limited. Based on a disciplined bottom-up stock selection process, a concentrated global portfolio is created, that typically holds fewer than 50 stocks across various countries, industries and market capitalization ranges. Due to the investments in companies related to social and environmental themes the portfolio is expected to have diversified exposure to the UN Sustainable Development Goals while the combined exposure to SDG 3 (good health and well-being), SDG 7 (affordable and clean energy), SDG 11 (sustainable cities and economies) should be well represented. The ESG criteria of Kempen Capital Management NV are used in the investment process.

The Fund may invest directly in equities, cash and deposits. In addition, the Fund may also invest indirectly through other investment institutions. The Fund may also use techniques, structures or derivatives such as options, warrants and futures for hedging purposes and efficient portfolio management.

The Fund primarily aims to generate a better long-term total return than the MSCI World Index in euro's comprising capital gains or losses plus net dividend. The Fund is actively managed and may hold investments that are not included in the benchmark. The investment manager is allowed to deviate significantly from the benchmark.

Hermes Fund Managers Ireland Limited