Alpine Euro Balance A EUR Acc

The Investment Objective of Alpine Multiple Opportunities Fund ("the Fund") is to generate regular positive returns on a Euro base through investments in a wide range of transferable securities, interest bearing or dividend driven securities in order to achieve an optimum return from capital invested, while reducing investment risk through diversification. ► The Fund seeks to achieve its Investment Objective through the following Investment Policy: ► The Sub-Fund will invest primarily in equity, namely, more than 50% of the total net assets of the Fund will be invested physically, on an ongoing basis, into the following assets: - Stocks or other shares of corporations / companies that are admitted for trading on a stock exchange or listed on another regulated market; - UCITS and UCITS ETFs: (i) classified, at the time of purchase, as equity funds by the German data provider WM-Daten; and/or (ii) that in terms of their respective prospectus and/or offering document, at the time of purchase, are meant to physically replicate/track the performance of equity indices. ► The Fund may also invest in fixed income products, which shall include: (i) Euro-denominated listed government bonds; and/or (ii) Euro-denominated listed corporate bonds; and/or (iii) other UCITS and UCITS ETFs that in the judgment of the Investment Manager are exposed to fixed income and/or at the time of purchase, are meant to replicate/track the performance of fixed income indices. The Fund may also invest in units or shares of other UCITS and UCITS ETFs. Furthermore, the Fund may invest up to 30% of its Net Asset Value ("NAV") in UCITS, UCITS ETFs and/or UCITS-compliant transferable securities backed by or linked to the performance of commodities, their indices, or otherwise exposed to the commodities sectors indices. ► Should the Fund invest in a substantial proportion of its assets in other UCITS funds the maximum level of management fees that may be charged by each UCITS fund to the Company will not exceed 2.5% of the target funds’ NAV. ► The Fund may also invest in FDIs for investment and/or hedging purposes. ► The Fund may borrow up to 10% of its NAV on a temporary basis for liquidity purposes. ► Subject to the approval by the Board of Directors, the Fund will regularly distribute dividends annually on the 15th December, in respect of the Investor Shares, out of the distributable profits of the Company. ► The Fund is actively managed and does not utilise indexes as benchmarks in financial instruments and financial contracts, nor does it utilise indexes as benchmarks to measure the performance of the Fund. ► For more information regarding the Investment Restrictions please refer to the section of the Offering Supplement