UBB ExpertEase Dynamic Balanced (BGN and EUR) is a global mixed “balanced” investment compartment of umbrella fund UBB ExpertEase. The sub-sund is a feeder sub-fund, which invests at least 85% of its assets in Institutional F share BG class of master sub-fund Horizon KBC Defensive Balanced, which is an investment compartment of Horizon N.V., an open-ended investment company duly
incorporated and existing under the laws of Belgium, having its seat and registered
office at Havenlaan 2, B-1080, Brussels, Belgium, and managed by KBC Asset
Management N.V.

The investment objective of the sub-fund is to invest at least 85% of its assets in
shares of the master sub-fund and up to 15% of its assets in cash and derivatives.

The target allocation is 55% for the stock component and 45% for the bond component. However, this allocation may be significantly deviated and therefore the master sub-fund may invest a sizeable portion of its assets in asset classes that are not included in the target allocation (such as money market instruments and cash). The stock component can amount to a maximum of 70% of the master sub-fund. Ongoing analysis is made of the financial and economic developments and prospects for specific regions, sectors and themes. If conditions on the financial markets are uncertain, volatile or both, part of the portfolio can also be converted into investments with a lower level of risk (such as money market instruments and cash). 

The managers of the master sub-fund pay twice as much attention to the downside
risk as to the upside potential. The more attention that is paid to downside risk, the
larger the portion of the portfolio that can be converted into investments with a lower
level of risk, such as cash and money market instruments, in times of uncertain
and/or volatile markets. This part of the portfolio will ultimately amount to between
25% and 65% of the assets. This limit is indicative and may be reviewed annually
based on the long-term trend of the financial markets.

 
Fees Sub-fund in BGN BG9000007211
 

 
Fees Sub-fund in EUR BG9000008219
 

IMPORTANT! This information contains marketing material and does not constitute investment consultation, advice, investment research or investment recommendation and should not be treated as such. The information is valid at the date of its issue and may change in the future. The value of the units of the collective investment schemes changes over time and may be higher or lower than the value at the time of the investment. No profits are guaranteed and there is a risk for investors not to refund the full amount invested. Therefore, it is advisable for investors to get acquainted with the specifics of the financial instruments in which they wish to invest and to assess how appropriate they are to meet their investment objectives and risk appetite before making an investment decision. The offered investment product concerns the purchase of units in a fund rather than any instruments, in which the respective fund invests in. Investments in collective investment schemes, offered by UBB, are guaranteed by the Investor Compensation Fund, amounting to 90% of the value of all financial instruments held by the investor in UBB, but not more than BGN 40,000. Please, read the Key Investor Information Document and the Prospectus before investing. Upon request, you can receive a paper copy of these documents, free of charge, at all UBB branches, within their normal working hours with clients. Full and up-to-date information about the funds, offered by UBB, can be found at www.ubb.bg, in the section "Savings and Investments", on the website of KBC Asset Management NV - Branch  www.ubbam.bg, as well as in the UBB branches, where you can get a personalized investment advice. A summary of your rights as an investor is available at the following hyperlinks, in Bulgarian: 11074.pdf (ubbam.bg) and in English: 11365.pdf (ubbam.bg).