LO Funds - Asia High Conviction, X1, (USD) MA/  LU1976882206  /

The Sub-Fund is actively managed. The MSCI ACF Asia ex-Japan TR ND index is used for performance comparison as well as internal risk monitoring purposes, without implying any particular constraints to the Sub-Fund"s investments Securities targeted by the Sub-Fund can be similar to those of the index to an extent that varies overtime but their weighting is expected to materially differ. The performance of the Sub-Fund may deviate materially from that of the index. The Sub- Fund invests mainly in equity securities issued by companies with a clear and specific focus on Asia from Asian issuers or companies having their main activity in Asia excluding Japan. The Sub-Fund can also have an exposure to China by investing in A shares (issued by mainland China-based companies) through the Shanghai-Hong Kong Stock Connect. Investing in Asian countries may expose the Sub-Funds to local currency which may be only partially hedge. This exposure to emerging markets currencies may increase the volatility and the risk of the Sub-Fund. The Investment Manager will use its discretion with regard to the selection of issuers, countries (including emerging markets), sectors, assets classes, size of companies and currencies.

The Sub-Fund is actively managed. The MSCI ACF Asia ex-Japan TR ND index is used for performance comparison as well as internal risk monitoring purposes, without implying any particular constraints to the Sub-Fund"s investments