LO Funds Convertible Bond Asia N $

The Sub-Fund is actively managed. The FTSE Russell Convertible Asia Ex-Japan 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 capital growth over the long term. It invests, at least 2/3 of its portfolio, in bonds convertible into equities of Asia companies, denominated in various currencies, as well as synthetic convertible bonds (segregated purchase of bonds and options or convertible bonds and options) and financial derivative instruments on convertible bonds. The Sub-Fund may invest up to 1/3 of its portfolio in other transferable securities. The Sub-Fund focuses on the asymmetrical profile of the asset class, i.e. profiting from equity market upturns while benefiting from the downside protection of a fixed-income structure. The core investments consist mainly of balanced convertible bonds from Asian issuers, which offer an attractive combination of equity sensitivity and consistent protection in case of a downturn. In making its selection, the Investment Manager attaches as much importance to technical criteria, as to the choice of the underlying equity. The use of derivatives is part of the investment strategy.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No