LO Funds - World Gold Expertise Syst. Hdg (CHF) IA

Objectives and Investment Policy The Sub-Fund is actively managed. The NYSE Arca Gold Miners TR ND index is used for performance comparison as well as for 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 mainly invests in equities issued by companies active worldwide in the gold mining, precious metals, and precious stones industries to benefit from the growth and scarcity of future gold reserves. In selecting the individual stocks, the Investment manager is guided by its own fundamental assessment of companies. It also relies on gold industry analysis. The result is a concentrated portfolio made up of shares in 50 to 70 differents companies, including companies with small, medium, and large capitalizations. Information Recommendation: This Sub-Fund may not be appropriate for investors who plan to withdraw their money within 5 years. Dealing frequency: You may redeem shares in this Sub-Fund on demand on a daily basis. The Sub-Fund is denominated in USD. This Class is in USD. Distribution policy: Income distribution (November).