Tikehau Fund - Tikehau SubFin Fund - FS-Acc-EUR/  LU1805016570  /

Tikehau SubFin Fund (the "Sub-fund") is a sub-fund of Tikehau Fund (the "Fund"). The Sub-fund aims to achieve annual outperformance of the composite benchmark, the 50% ICE BofA Contingent Capital Index (hedged to EUR) + 50% ICE BofA Euro Financial Subordinated & Lower Tier-2 Index , net of management fees, over an investment horizon of three years.Investors should note that the Sub-fund is actively managed and uses a benchmark index solely as an ex-post performance indicator and,where relevant, to calculate the performance fee. The investment strategy is to manage, on an active and discretionary basis, a diversified portfolio mainly composed of private and public debt instruments (mostly subordinated debt instruments: Tier 1, Upper or Lower Tier 2 or others). The portfolio will have a minimum average rating of B+ (S&P's rating), or B1 (Moody's rating), while the minimum rating will be CCC+ or equivalent. The Sub-Fund may invest up to 130% of its net assets in debt instruments issued by entities in the private or public sectors and located primarily in the Eurozone (including convertible bonds and contingent convertible bonds ("CoCo"), up to 100% of the net assets of the Sub-Fund). Debt securities that belong to the subordinated financing category pose a greater default risk, in exchange for a higher reward. A debt is known as subordinated when its repayment depends on other creditors (senior creditors and unsecured creditors) being repaid first. Thus, subordinated creditors will be repaid after unsecured creditors, but before shareholders. The Sub-Fund may also invest up to 10% of its net assets in each of the following categories: (i) ABS/MBS instruments, (ii) defaulted/distressed securities as a result of the potential downgrading of the issuers (i.e. securities which are highly vulnerable to nonpayment and the rating of which is below "CCC" according to S&P's rating or the equivalent by any other agency), (iii) UCITS and/or other UCIs (including those managed by Tikehau Investment Management), (iv) equity markets, either directly by means of shares in companies of all market capitalisations and all geographic regions, through UCITS, UCIs or financial derivative instruments. For hedging or exposure purposes, the Sub-Fund may invest up to 100% of its net assets in financial derivative instruments, such as futures, options, swaps, swaptions, forwards, single or index credit derivatives swaps and Contracts for Difference. It may also invest in efficient portfolio management techniques. The Sub-Fund may invest its excess cash in term deposit accounts. These deposits may amount to up to 100% of the Sub-Fund's assets.

Tikehau SubFin Fund (the "Sub-fund") is a sub-fund of Tikehau Fund (the "Fund"). The Sub-fund aims to achieve annual outperformance of the composite benchmark, the 50% ICE BofA Contingent Capital Index (hedged to EUR) + 50% ICE BofA Euro Financial Subordinated & Lower Tier-2 Index , net of management fees, over an investment horizon of three years.Investors should note that the Sub-fund is actively managed and uses a benchmark index solely as an ex-post performance indicator and,where relevant, to calculate the performance fee.