Lafayette Dalton Asia Pacific UCITS F.B2

Strategie

The Sub-Fund may invest in collective investment schemes for investment purposes or for hedging purposes or to provide exposure to financial indices and shares and other securities that are consistent with the investment policy of the Sub-Fund. The Sub-Fund may also invest in fixed income securities such as government or corporate bonds, with up to 25% of the Net Asset Value of the Sub-Fund potentially invested in subinvestment grade bonds (rated as higher risk). Derivatives used by the Sub-Fund may include swaps, options, futures, warrants, forwards and contracts for difference and derivatives may be used to invest indirectly in shares or to hedge part or all of the investment risk in the Sub-Fund's portfolio. All short positions will be taken through derivatives. A derivative is a contract the value of which depends on the change in price of an agreed-upon underlying financial asset, index or security and which gives the holder the economic effect of an investment in the underlying asset without actually having to acquire it. As a result of using derivatives, it is expected that at any given time, the maximum net long exposure of the Sub-Fund is limited to 150% of the Net Asset Value, the maximum net short exposure of the Sub-Fund is limited to 100% of the Net Asset Value while on a gross basis, the total value of the Sub- Fund's long and short positions may be up to 250% of the Net Asset Value at any one time As well as exchange traded funds, the Sub-Fund may invest in other collective investment schemes which enable the Sub-Fund to achieve its investment objective. The Sub-Fund may invest in cash and money market instruments for cash management purposes. The Sub- Fund may also enter into repurchase, reverse repurchase and stock lending agreements for efficient portfolio management purposes.