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Factsheet: 31/08/2021 ROSENBERG EQUITIES Rosenberg Global Equity Alpha Fund B USD

Key Figures (USD)* Benchmark

Since: 31/05/2000 Fund Cumulative Performance (%) Current NAV 100% MSCI World Total Return Net YTD 1Y 3Y 10Y Launch Acc. +17.87 +29.08 +34.84 +169.67 +180.99 28.1 Fund Key Metrics

Fund Annualized Performance (%) (M) Port. Bench.

3 Y. 5 Y. 10 Y. Launch USD Number of Holdings 351 1557 +10.47 +11.90 +10.42 +4.98 611.87 Turnover: Rolling 1Y (%) 109 - Active Share (%) 64 -

Performance & Risk Fund Profile

Performance Evolution (USD) ESG Rating

160 ESG Relative Rating 140 120 100 CO2 Relative rating 80 60 31/08/18 28/02/19 31/08/19 29/02/20 31/08/20 28/02/21 31/08/21 % of AUM covered by ESG absolute rating: Portfolio = Portfolio* (34.84%) Benchmark (51.94%) 98.4% Benchmark = 99.8% (not meaningful for coverage below 50%) Data is rebased to 100 by AXA IM on the graph start date. Past performance is not a reliable indicator of future results. Performance calculations are net of fees, % of AUM covered by CO2 intensity indicator: Portfolio based on the reinvestment of dividends. The benchmark, when there is one could be calculated on the = 98.4% Benchmark = 98.8% (not meaningful for basis of net or gross dividend. Please refer to the prospectus for more information. coverage below 50%)

Risk Analysis

1Y 3Y 5Y Launch Portfolio Volatility* (%) 13.43 19.16 15.38 15.53 Benchmark Volatility (%) 13.50 18.35 14.74 15.62 Relative Risk/Tracking Error (%) 2.51 2.65 2.25 3.34 Sharpe Ratio 2.24 0.56 0.79 0.29 Information Ratio 0.51 -1.08 -0.57 0.12

* 1st NAV date: 31/05/2000

Source(s): AXA Investment Managers - GICS - MSCI as at 31/08/2021 For further information please visit www.axa-im.com 1 / 8 €

Rolling Performance (%)

31/08/20 31/08/19 31/08/18 31/08/17 31/08/16 1M 3M 6M YTD 3Y 5Y Launch 31/08/21 31/08/20 31/08/19 31/08/18 31/08/17 Portfolio* 2.22 4.15 14.27 17.87 34.84 75.51 29.08 9.56 -4.65 13.82 14.37 180.99 Benchmark 2.49 5.75 16.14 18.11 51.94 99.67 29.71 16.84 0.26 13.10 16.19 249.63 Excess Return -0.27 -1.60 -1.87 -0.25 -17.11 -24.15 -0.63 -7.28 -4.92 0.71 -1.82 -68.64

Annual Calendar Performance (%)

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 Portfolio* 9.41 23.74 -11.86 22.43 5.77 -2.96 5.86 29.59 13.63 -6.25 Benchmark 15.99 28.28 -9.35 22.40 6.64 -0.72 5.95 27.41 14.82 -5.29 Excess Return -6.58 -4.55 -2.51 0.03 -0.87 -2.24 -0.09 2.18 -1.19 -0.96

Past performance is not a reliable indicator of future results. Performance calculations are net of fees, based on the reinvestment of dividends. The benchmark, when there is one could be calculated on the basis of net or gross dividend. Please refer to the prospectus for more information.

Portfolio Analysis

Top 10 Holdings

Equity Weighting (%) Sector Geography Portfolio Benchmark Relative Microsoft Corp 4.06 3.59 0.47 Information Technology North America Apple Inc 4.06 4.23 -0.17 Information Technology North America Alphabet Inc 2.32 2.87 -0.55 Communication Services North America Amazon.com Inc 2.27 2.47 -0.20 Consumer Discretionary North America Facebook Inc 1.56 1.51 0.04 Communication Services North America Adobe Inc 1.32 0.53 0.80 Information Technology North America Oracle Corp 1.04 0.28 0.76 Information Technology North America AT&T Inc 1.04 0.32 0.71 Communication Services North America Schneider Electric SE 0.97 0.16 0.81 Industrials ServiceNow Inc 0.96 0.21 0.75 Information Technology North America Total (%) 19.59 16.17

Top 5 Overweight (%) Top 5 Underweight (%)

Port. Bench. Relative Port. Bench. Relative Schneider Electric SE 0.97 0.16 0.81 NVIDIA Corp 0.18 0.92 -0.74 Adobe Inc 1.32 0.53 0.80 UnitedHealth Group Inc 0.00 0.66 -0.66 Gilead Sciences Inc 0.93 0.15 0.78 Nestle SA 0.00 0.60 -0.60 Oracle Corp 1.04 0.28 0.76 Home Depot Inc 0.00 0.58 -0.58 Nippon Telegraph & Telephone Corp 0.81 0.06 0.75 Procter & Gamble Co 0.00 0.58 -0.58

* 1st NAV date: 31/05/2000

Source(s): AXA Investment Managers - GICS - MSCI as at 31/08/2021 For further information please visit www.axa-im.com 2 / 8 €

Sector Breakdown (%) Active Exposure by Sector (%)

Portfolio Benchmark -3 -2 -1 0 1 2 3 Information Technology 25.51 22.79 Financials 16.10 13.41 Health Care 12.74 12.79 Industrials 12.01 10.47 Consumer Discretionary 11.69 11.75 Communication Services 7.68 9.27 Materials 5.34 4.31 Consumer Staples 4.35 6.88 Energy 2.36 2.80 Real Estate 0.99 2.74 Utilities 0.30 2.78 Cash 0.93 0.00

Geographical Breakdown (%) Active Exposure by Geography (%)

Portfolio Benchmark -4 -3 -2 -1 0 1 2 3 North America 69.17 70.59 Europe 16.09 19.40 Japan 9.27 6.63 Pacific ex-Japan 4.53 3.37 Emerging Markets 0.00 0.01 Cash 0.93 0.00

Source(s): AXA Investment Managers - GICS - MSCI as at 31/08/2021 For further information please visit www.axa-im.com

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MarketCap Breakdown (USD - %)

36 32 28 24 20 16 12 8 4 0 1bn To 3bn To 5bn To 10bn To 25bn To 100bn To More Than Cash 3bn 5bn 10bn 25bn 100bn 250bn 250bn Port. 0.49 1.31 8.19 20.05 29.60 16.40 23.03 0.93 Bench. - 0.22 2.93 12.90 32.67 22.66 28.62 -

Source(s): AXA Investment Managers - GICS - MSCI as at 31/08/2021 For further information please visit www.axa-im.com

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Additional Information Investment Horizon This Fund may not be suitable for investors who plan to withdraw their Administration: B USD contribution within 5 years.

Legal form Risk Characteristics UCITS Compliant Yes AIF Compliant No Legal country Ireland 1 2 3 4 5 6 7 1st NAV date 31/05/2000 Fund currency USD Shareclass currency USD Lower risk Higher risk Potentially lower reward Potentially higher reward Valuation Daily Share type Accumulation The risk category is calculated using historical performance data and may not be a reliable indicator of the Sub-Fund's future risk profile. ISIN code IE0004318048 Bloomberg Code AXARGEB ID The risk category shown is not guaranteed and may shift over time. SEDOL Code 0431804 The lowest category does not mean risk free. Why is this Sub-Fund in this category? Maximum initial fees 4.5% The capital of the Sub-Fund is not guaranteed. The Sub-Fund is Ongoing charges 1.49% invested in financial markets and uses techniques and instruments Financial management fee 1.35% which may be subject to sudden and significant variation, which may result in substantial gains or losses. Maximum management fees 1.35% Minimum initial subscription 5 000 USD Minimum subsequent 2 000 USD subcription Additional Risk AXA ROSENBERG MANAGEMENT Management company Counterparty Risk: failure by any counterparty to a transaction (e.g. IRELAND LIMITED derivatives) with the Sub-Fund to meet its obligations may adversely AXA Investment Managers UK affect the value of the fund. The Sub-Fund may receive assets from the (Sub) Financial delegation Limited counterparty to protect against any such adverse effect but there is a risk that the value of such assets at the time of the failure would be Delegation of account STATE STREET FUND SERVICES insufficient to cover the loss to the Sub-Fund. administration (IRELAND) LIMITED State Street Custodial Services Custodian (Ireland) Limited Geopolitical Risk: investments issued or traded on markets in different countries may involve the application of different standards As disclosed in the most recent Annual Report, the ongoing charges calculation and rules (including local tax policies and restrictions on investments excludes performance fees, but includes management and applied services fees. and movement of currency), which may be subject to change. The The effective Applied Service Fee is accrued at each calculation of the Net Asset Sub-Fund's value may therefore be impacted by those standards/rules Value and included in the ongoing charges of each Share Class. (and any changes to them) as well as the political and economic circumstances of the country/region in which the Sub-Fund is Fund Objectives invested.

The aim of the Sub-Fund is to provide long-term capital growth with a Operational Risk: the Sub-Fund is subject to the risk of loss resulting total annual return on investment (generated through an increase in from inadequate or failed internal processes, people or systems or the value of the shares held by the Sub-Fund and/or income received those of third parties such as those responsible for the custody of the from those shares) of approximately 2% gross of all fees/expenses Sub-Fund's assets. above the annual return of the MSCI World Index on a rolling three year basis.The MSCI World Index is designed to measure the performance of shares of companies listed on the stock exchanges of developed countries in the world.

Source(s): AXA Investment Managers - GICS - MSCI as at 31/08/2021 For further information please visit www.axa-im.com 5 / 8 €

Stock Lending: the Sub-Fund may enter into securities lending is orange, it means that the intensity of the portfolio is higher than that agreements and as a result be subject to increased counterparty risk. of the benchmark. If CO2 Relative intensity is yellow, it means that the Should the counterparty fail financially, the securities received will be intensity of the portfolio is similar than that of the benchmark. called upon. However in the event of significant market volatility at the ESG indicators are for informational purposes only. time of default the value of those securities received could fall below The portfolio has neither statutory nor contractual ESG objectives. the value of the lent securities. In this instance the manager would not have sufficient cash to purchase the equivalent value of securities lent out which could result in a significant negative impact on the Disclaimers Sub-Fund's value. Not for distribution or dissemination to US investors

Risk linked to Method and Model: attention is drawn to the fact that This document is for informational purposes only and does not the Sub-Fund's strategy is based on the utilisation of a proprietary constitute investment research or financial analysis relating to share selection model. The effectiveness of the model is not transactions in financial instruments as per MIF Directive (2014/65/EU), guaranteed and the utilisation of the model may not result in the nor does it constitute on the part of AXA Investment Managers or its investment objective being met. affiliated companies an offer to buy or sell any investments, products or services, and should not be considered as solicitation or investment, legal or tax advice, a recommendation for an investment Further explanation of the risks associated with an investment in this strategy or a personalized recommendation to buy or sell securities. Sub-Fund can be found in the prospectus. The information contained herein is intended solely for the entity Subscription Redemption and/or person(s) to which it has been delivered, unless otherwise allowed under applicable agreements. AXA Investment Managers The subscription, conversion or redemption orders must be received hereby disclaims any responsibility for any subsequent reproduction, by the Registrar and Transfer Agent on any Dealing (Business) Day no redistribution or transmittal, along with any liability stemming from later than 1 p.m. Irish time. Orders will be processed at the Net Asset such activities. Value calculated for that Dealing Day.Please note that there may be Due to its simplification, this document is partial and opinions, additional processing time if your order is placed via intermediaries estimates and forecasts herein are subjective and subject to change such as platforms, financial advisors or distributors.The Net Asset without notice. There is no guarantee forecasts made will come to Value of this Sub-Fund is calculated on a daily basis. pass. Data, figures, declarations, analysis, predictions and other information in this document is provided based on our state of knowledge at the time of creation of this document. Whilst every care Minimum initial investment: USD 5,000 is taken, no representation or warranty (including liability towards Minimum subsequent investment: USD 2,000 third parties), express or implied, is made as to the accuracy, reliability or completeness of the information contained herein. Reliance upon How to Invest information in this material is at the sole discretion of the recipient. This material does not contain sufficient information to support an Retail Investors investment decision. Retail investors should contact their Financial intermediary. Before making an investment, investors should read the relevant Prospectus and the Key Investor Information Document / scheme documents , which provide full product details including risks, ESG Metrics Definition investment charges and fees associated with the purchase of one of the mentioned products and risks. The information contained herein The ESG absolute rating is based on a proprietary scoring is not a substitute for those documents or for professional external methodology. If the fund has one tree (5 trees), it means that it is in the advice. lowest (highest) ESG absolute rating category. For more information on the methodology, please visit The products or strategies discussed in this document may not be https://www.axa-im.com/responsible-investing. registered nor available in your jurisdiction. Please check the countries of registration with the asset manager, or on the web site ESG relative rating is calculated as the difference between the ESG https://www.axa-im.com/en/registration-map, where a fund absolute rating of the portfolio and the ESG absolute rating of its registration map is available. benchmark. If ESG Relative rating is positive (negative), this means that Past performance is not a guide to current or future performance, and the portfolio has a higher (lower) ESG absolute rating than the any performance or return data displayed does not take into account benchmark. commissions and costs incurred when issuing or redeeming units. The CO2 relative intensity is calculated as the difference between the CO2 value of investments, and the income from them, can fall as well as intensity of the fund (expressed in tCO2/M€ Revenues) and the one of rise and investors may not get back the amount originally invested. the benchmark. Exchange-rate fluctuations may also affect the value of their If CO2 Relative intensity is green, it means that the intensity of the investment. Due to this and the initial charge that is usually made, an portfolio is lower than that of the benchmark. If CO2 Relative intensity

Source(s): AXA Investment Managers - GICS - MSCI as at 31/08/2021 For further information please visit www.axa-im.com 6 / 8 €

investment is not usually suitable as a short term holding. REGLAMENTO GENERAL Nº 336 DE LA SUPERINTENDENCIA DE Commissions and costs have an adverse effect on the performance of VALORES Y SEGUROS (ACTUALMENTE COMISIÓN DE MERCADOS the fund. FINANCIEROS). ESTA OFERTA SE REFIERE A VALORES NO INSCRITOS EN EL REGISTRO DE VALORES O EN EL REGISTRO DE VALORES The Fund referenced herein has not been registered under the United EXTRANJEROS QUE LLEVA LA COMISIÓN DE MERCADOS FINANCIEROS, States Investment Company Act of 1940, as amended, nor the United POR LO QUE TALES VALORES NO ESTÁN SUJETOS A LA States Securities Act of 1933, as amended. None of the shares may be FISCALIZACIÓN DE ÉSTA; POR TRATARSE DE VALORES NO INSCRITOS offered or sold, directly or indirectly in the United States or to any US NO EXISTE LA OBLIGACIÓN POR PARTE DEL EMISOR DE ENTREGAR EN Person unless the securities are registered under the Act, or an CHILE INFORMACIÓN PÚBLICA RESPECTO A LOS VALORES SOBRE LOS exemption from the registration requirements of the Act is available. A QUE SE REFIERE ESTA OFERTA; ESTOS VALORES NO PODRÁN SER US Person is defined as (a) any individual who is a citizen or resident of OBJETO DE OFERTA PÚBLICA MIENTRAS NO SEAN INSCRITOS EN EL the United States for federal income tax purposes; (b) a corporation, REGISTRO DE VALORES CORRESPONDIENTE. partnership or other entity created or organized under the laws of or For Peruvian Investors: AXA Investment Managers is not licensed and existing in the United States; (c) an estate or trust the income of which it is not legally required to be licensed by the Peruvian Securities is subject to United States federal income tax regardless of whether Regulator (Superintendencia del Mercado de Valores – SMV) for these such income is effectively connected with a United States trade or activities. Consequently, the Peruvian Securities Regulator does not business. In the United States, this material may be distributed only to exercise any kind of supervision regarding this fund, strategy and/or a person who is a “distributor,” or who is not a “U.S. person,” as service; and, the information furnished to the investors and the rest of defined by Regulation S under the U.S. Securities Act of 1933 (as the services rendered by AXA Investment Managers are subject to its amended). exclusive responsibility. In Peru, this document is only for the exclusive use of persons or entities qualifying as “Invesionistas Institucionales” If the fund or sub fund is a part of AXA Rosenberg Equity Alpha Trust, under Peruvian Law. This document is not for public distribution. AXA which is a UCITS umbrella type open-ended Unit Trust authorised by Investment Managers no tiene y no está legalmente obligada a tener the Central Bank of Ireland. AXA Rosenberg Equity Alpha Trust's una autorización por parte de la Superintendencia del Mercado de registered office is 78 Sir John Rogerson’s Quay, Dublin 2, Ireland. Valores para estas actividades. En consecuencia, la Superintendencia For the purposes of presenting the breakdown by country, sector, del Mercado de Valores no ejerce ningún tipo de supervisión sobre el principal exposures and active strategies, equities and similar fondo, la estrategia, y/o los servicios; y la información proporcionada a instruments relating to a single company (ADRs, GDRs, RSPs, rights, los inversionistas y los demás servicios que les presta son de exclusiva etc.) are grouped in order to form a single exposure for the said responsabilidad de AXA Investment Managers. En el Perú, este company. documento es para el uso exclusivo de personas o entidades que The geographical breakdown is based on the country classification as califiquen como “Inversionistas Institucionales” bajo las leyes published by the index provider (or the main index provider in case of peruanas. Este documento no es para distribución al público. a composite benchmark). The second available source is the Country For Uruguayan Investors: The sale of the shares/units qualifies as a ISO from Bloomberg (or Ultimate Country of risk for Emerging fund). private placement pursuant to section 2 of Uruguayan law 18,627. The shares/units must not be offered or sold to the public in Uruguay, Annual turnover rate : Sum the last 12 monthly results to obtain the except in circumstances which do not constitute a public offering or turnover rate over 1 rolling year, calculated according to the following distribution under Uruguayan laws and regulations. The shares/units formula: (abs(purchase) + abs(sale) - abs(subscription - redemption) ) / are not and will not be registered with the Financial Services (2* average AUM). Superintendency of the Central Bank of Uruguay. The shares/units Purchase and sale exclude derivatives, short term instruments and correspond to investment funds that are not investment funds some corporate actions. regulated by Uruguayan law 16,774 dated September 27, 1996, as Subscription and redemption are netted on a monthly basis, impact of amended. inflows and outflows can result in negative turnover which does not reflect portfolio turnover, therefore annual turnover has a floor of 0.

Depending on the recipient’s respective jurisdiction or region, the Disclaimers from external financial data service following additional disclosures may apply: providers

For Chilean Investors: This private offer avails itself of the General MSCI Regulation No. 336 of the Superintendence of Securities and Neither MSCI nor any other party involved in or related to compiling, (currently the Financial Markets Commission). computing or creating the MSCI data makes any express or implied This offer relates to securities not registered with the Securities warranties or representations with respect to such data (or the results Registry or the Registry of Foreign Securities of the Financial Markets to be obtained by the use thereof), and all such parties hereby Commission, and therefore such securities are not subject to oversight expressly disclaim all warranties of originality, accuracy, by the latter; Being unregistered securities, there is no obligation on completeness, merchantability or fitness for a particular purpose with the issuer to provide public information in Chile regarding such respect to any of such data. Without limiting any of the foregoing, in no securities; and these securities may not be subject to a public offer event shall MSCI, any of its affiliates or any third party involved in or until they are registered in the corresponding Securities Registry. related to compiling, computing or creating the data have any liability Para inversionistas chilenos: ESTA OFERTA PRIVADA SE ACOGE AL for any direct, indirect, special, punitive, consequential or any other

Source(s): AXA Investment Managers - GICS - MSCI as at 31/08/2021 For further information please visit www.axa-im.com 7 / 8 €

damages (including lost profits) even if notified of the possibility of such damages. No further distribution or dissemination of the MSCI data is permitted without MSCI’s express written consent. GICS The Global Industry Classification Standard (“GICS”) is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s, a division of The McGraw-Hill Companies, Inc. (“S&P”) and is licensed for use by AXA Investment Managers Paris. Neither MSCI, S&P nor any third party involved in making or compiling the GICS makes any express or implied warranties or representations and shall have no liability whatsoever with respect to GICS or the results to be obtained by the use thereof.

Glossary

Any terms that you're uncertain of? Visit the glossary page on our website. axa-im.com/glossary

Source(s): AXA Investment Managers - GICS - MSCI as at 31/08/2021 For further information please visit www.axa-im.com 8 / 8