Anlageziel BCV Commodity Fund - BCV Responsible Physical Gold CHF D Fonds

The investment objective of the BCV Physical Gold ESG Sub-fund is to generate long-term performance comparable to that of gold. a) The fund management company invests at least 90% of the sub-fund’s assets directly in: aa) physical gold in the form of 1 kg ingots of a purity not less than 999/1,000; ab) physical gold in the form of standard bars of approximately 12.5 kg with a purity of at least 995/1,000. For these investments, the fund management company invests exclusively in gold from transparent supply chains. It invests in traceable industrial gold and certified artisanal gold from mines selected according to recognised sustainability methodologies and standards. b) The fund management company is authorised to invest a maximum of 10% of the sub-fund’s assets in physical gold that does not meet the criteria mentioned in letter a), either directly or indirectly via units of collective investment schemes that, according to their documentation, invest in physical gold.