Lombard Odier Funds - Global Systems Change, Syst. NAV Hdg, (EUR) PD

Objectives and Investment Policy The Sub-Fund is actively managed. The MSCI World TR ND 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 over time but their weighting is expected to differ materially. The performance of the Sub-Fund may deviate materially from that of the index. The Sub-Fund invests in equity and equity-related securities (including, but not limited to, warrants issued by companies worldwide, including Emerging Markets) whose business models will benefit from the changes in the economic systems towards better environmental and social outcomes. System changes in scope for the Sub-Fund include, but are not limited to, the emergence of (a) a lower-carbon energy system; (b) a more resilient food system and new consuming patterns; (c) a resource efficient system; (d) an effective health system; (e) digitalization of the wider economy. The Sub-Fund seeks to invest in high quality companies with sustainable financial models, business practices and business models showing resilience and the ability to evolve and benefit from long term structural trends using its proprietary environmental, social and governance factors. As part of its Emerging Market exposure, the Sub-Fund may invest up to 20% of its net assets in shares issued by mainland Chinaincorporated companies (including China A-Shares). The Investment Manager is authorized to use financial derivative instruments for hedging purposes or for EPM but not as part of the investment strategy. 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 accumulated.