FWU Protection Fund SICAV - Balanced Risk Control CI EUR/  LU1686537199  /

Maximize long-term capital growth while maintaining relatively medium to low volatility. The Sub-Fund is actively managed, in reference to the following benchmark: 70 % MSCI AC World Index (Net Price) Local Currency LOC, 30% Bloomberg Global-Aggregate Total Return Index Value Hedged EUR. The Sub-Fund"s underlying investments are not per se components of the benchmark. The Management Company uses its discretion to invest in other instruments to take advantage of specific investment opportunities or to control volatility. The investment strategy does not restrict the extent to which the portfolio holdings may deviate from the benchmark. Investors' attention is drawn to the fact that the Sub-Fund is actively managed and references a benchmark indicator exclusively as ex-post performance indicator including for the purpose of calculating the performance fee. Portfolio securities: The Sub-Fund invests in direct investments of different asset classes (being Money Market instruments, ETFs, fixed income securities and shares) and in any kind of international funds of reputed investment companies, including funds managed by FWU Invest group entity using the "FORWARD LUCY" algorithm. Investments in other funds may result in a duplication of certain fees. The Sub-Fund may use forward currency contracts, Exchange traded Futures and may engage in plain vanilla option strategies (such as selling or buying of call options or put options), either as a hedge or for efficient portfolio management. The Sub-Fund will have recourse to securities lending for the purposes of efficient portfolio management up to a maximum of 50% of the Net Asset Value of the Sub Fund. Under normal circumstances, it is generally expected that the principal amount of such transactions will not exceed 30% of the Net Asset Value and remain within the range of 5% to 30% of the Net Asset Value.

Maximize long-term capital growth while maintaining relatively medium to low volatility. The Sub-Fund is actively managed, in reference to the following benchmark: 70 % MSCI AC World Index (Net Price) Local Currency LOC, 30% Bloomberg Global-Aggregate Total Return Index Value Hedged EUR. The Sub-Fund"s underlying investments are not per se components of the benchmark. The Management Company uses its discretion to invest in other instruments to take advantage of specific investment opportunities or to control volatility. The investment strategy does not restrict the extent to which the portfolio holdings may deviate from the benchmark. Investors' attention is drawn to the fact that the Sub-Fund is actively managed and references a benchmark indicator exclusively as ex-post performance indicator including for the purpose of calculating the performance fee.