Investment strategy: The Sub-Fund may invest up to 100% of its net assets in debt securities. A maximum of 30% of its net assets may be invested in bonds, including fixed- or floating-rate bonds, zero-coupon bonds, government bonds or corporate bonds rated below B3/B- and/or issued by entities that are not members of the OECD and/or unrated bonds. The Sub-Fund may invest directly and/or indirectly (through UCITS and/or other collective investment undertakings, including ETFs qualifying as UCITS and/or other collective investment undertakings) up to 20% of its net assets in convertible bonds. In addition, the Sub-Fund may invest directly and/or indirectly up to 10% of its net assets in contingent convertible bonds (“CoCos”). Investments in reverse convertible bonds, together with investments in CoCos, may not exceed 10% of the Sub-Fund’s net assets. The investment manager does not systematically integrate environmental, social and governance (ESG) factors into its analysis of risks and opportunities and may invest in issuers with a low ESG profile. The Sub-Fund has been classified as a financial product falling within the scope of Article 6 of the SFDR.

Investment objective: To achieve capital growth by investing in a diversified range of debt securities of any kind, such as government securities, investment-grade bonds, high-yield bonds, convertible bonds, floating-rate securities, inflation-linked bonds/securities and money market instruments, issued or guaranteed by sovereign, supranational or corporate issuers, denominated in the reference currency or in any other currency.

1ST SICAV - HESTIA CONSERVATIVE - R - EUR - LU1435778565
1ST SICAV - HESTIA CONSERVATIVE - I - EUR - LU1435778649
1ST SICAV - HESTIA CONSERVATIVE - R PREMIUM - EUR - LU3444948601