LO Funds Global BBB-BB Fundamental M $ Hdg

The Sub-Fund is actively managed. The Bloomberg Barclays Global Aggregate Corporates 500MM TR 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 aims to generate regular income and capital growth. It invests, at least 2/3 of its assets, in bonds, other fixed or floating-rate debt securities and short-term debt securities of non-governmental issuers denominated in any currencies (including Emerging Market currencies) and graded either BBB or BB (crossover between the investment grade and high yield universes). Up to 1/3 of the Sub-Fund?s assets may be invested in (i) debt securities of governmental issuers, (ii) debt securities graded above BBB or below BB but not lower than B, (iii) Coco Bonds (which may represent up to 10% of the Sub-Fund's assets) and/or in (iv) Cash and Cash Equivalents. The Investment Manager applies a proprietary methodology which determines and adjusts the weight of any given issuer according to its economic fundamentals. The approach is designed to ensure that the highest weights are attributed to the borrowers with the greatest capacity to repay their obligations (the higher the risk of default of an issuer, the lower the weight in the portfolio). The use of derivatives is part of the investment strategy.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No