GROUPAMA MONETAIRE R/  FR0013277753  /

The Fund's investment objective is to outperform its benchmark, the MSCI All Countries World Information Technology Index (unhedged). As the portfolio is international, geographical allocation represents a first level of portfolio construction. The monthly international management committee decides how to distribute the invested capital among the broad investment regions: USA, Europe, Japan and Asia (referred to as investment pockets). The second level concerns the sector distributions of the various subfunds. The international equity management committee decides the weighting objectives. Stock selection then proceeds on the basis of the portfolio composition strategy set out above.

The Fund's investment objective is to outperform its benchmark, the MSCI All Countries World Information Technology Index (unhedged).