Lumyna-MW Systematic Alpha UCITS Fund EUR F (acc)

The investment objective of the Fund is to provide investors with consistent positive performance. The Fund may also invest in debt securities, which may be government or corporate. The Fund is actively managed and is not managed in reference to a benchmark. The Fund invests primarily in equities, systematically on the basis of investment decisions generated by Marshall Wace's proprietary quantitative trading system. Marshall Wace can also add its own investment ideas to the Fund's portfolio. The Fund may also invest in a broad range of assets other than equities, including in AAA- or Aaarated fixed or floating rate government debt. The Fund may use derivatives, including over-the-counter swap transactions, options, warrants, futures and forward contracts to achieve the investment objective. The Fund will not focus on any specific country or sector. Leverage will only be achieved through derivatives. Portfolio transaction costs, which may be material and are not included in the charges disclosed in the "Charges" section, are paid out of the assets of the Fund. The currency of the Fund is USD and your shares will be denominated in EUR. Your shares will be hedged with the aim of protecting them from exchange rate fluctuations between their denominated currency and the currency of the Fund. Your shares are non-distributing (i.e. any income arising from your shares will be included in their value). Investors can redeem and subscribe for shares in the Fund on demand on any Wednesday on which banks are open for business in Luxembourg, London and Dublin or the next following Business Day if such day is not a Business Day. For further information, please see the "Investment Objective" and "Investment Policy" sections of the Fund supplement to the prospectus. Unless otherwise defined in this document, all words and expressions defined in the Company's current Prospectus shall have the same meaning herein.