Incrementum All Seasons Fund CHF I/  LI0477123645  /

The objective of the fund isto generate medium- to long-term capital growth. The fund is actively managed and is not benchmark oriented. The Incrementum All Seasons Fund is a strategy fund that serves standardized asset management on the basis of a broadly diversifed approach. To attain the investment objective, depending on the assessment of the economic situation and the global market outlook, the assetsmay be invested directly and/or indirectly, in equities and securities, in Axed- or variablerate debtinstrumentsissued by private,mixed, and public-sector debtors aswell asindeposits and/ormoneymarketinstruments. The fund is allowed tocarry out derivative transactionsto hedge its positions or to generate higher returns. Within thisframework, the assetmanager is atliberty to pick the individual instruments.

The objective of the fund isto generate medium- to long-term capital growth. The fund is actively managed and is not benchmark oriented. The Incrementum All Seasons Fund is a strategy fund that serves standardized asset management on the basis of a broadly diversifed approach.