Edmond de Rothschild Fund - Emerging Bonds R USD

Investment objective: The Sub-Fund’s investment objective is to outperform its benchmark over an investment horizon of three years, using discretionary management on all bond markets from Emerging Countries. Benchmark index: The benchmark index of the Sub-Fund is JP Morgan EMBI Global Index, hedged in CHF. The benchmark index serves only for comparison purposes. The Sub-Fund is actively managed. Investment policy: The Sub-Fund’s investment strategy consists in constructing a portfolio that represents the Investment Manager’s expectations on all bond markets and currencies from Emerging Countries. The objective of the Sub-Fund is to invest in bonds and Money Market Instruments, for minimum 80% and up to 110% of its net assets. At least 60% of the Sub-Fund’s net assets are permanently invested in emerging debt markets. The Sub-Fund may also invest up to 110% of its net assets in high yield bonds (i.e. with a rating lower than BBB- according to Standard & Poor’s, or an equivalent rating) The Sub-Fund may invest directly, for exposure or hedging purposes, in currencies. This exposure to currencies of Emerging Countries forms an integral part of the Sub-Fund’s strategy, and the currency risk may account for 100% of its net assets. The Sub-Fund may use financial derivative instruments to achieve its investment. The investments underlying this financial product do not take into account the EU criteria for environmentally sustainable economic activities. The Sub-Fund’s Modified Duration to interest rates will fluctuate between 0 and 15. The Class will be hedged against the CHF/USD exchange rate fluctuation. The recommended minimum investment period is 3 years. Frequency of share buying or selling: Every Luxembourg and France bank business day except for Good Friday, 24 December (Christmas Eve) and the days on which the French markets are closed (official calendar of Euronext Paris S.A.) for orders received by the transfer agent on each NAV calculation day before 12:30 p.m. and processed on the basis of that day’s net asset value. Income allocation: Accumulation