AXA

Alternative Premium

Fund Investment Objectives

AXA Alternative Premium focuses on long-term, risk adjusted, and absolute return by investing in the highest quality hedge fund managers and their respective strategies, who over different economic cycles have demonstrated their ability to generate alpha. The Fund is diversified by strategies but concentrated in the number of underlying managers, investing in no more than 40 managers. The Fund's investment objective focuses on generating between 4 and 6% above Euribor, with an annualised volatility below 5%, over an investment horizon of 3 to 5 years. We believe that our close relationships with hedge fund managers combined with our industry experience create a successful and superior selection of managers. However, we only select hedge fund managers who match our investment requirements exactly. We are extremely selective and analyse multiple external and internal information sources to build a critical appraisal of each manager's capability and potential.