Lombard Odier Robeco Emerging Markets Equities Beta Enhanced

The Sub-Fund is actively managed in reference to a benchmark. The MSCI Emerging Market ND USD (the “Benchmark”) is used to define the initial investment universe for individual security selection, for performance comparison as well as for internal risk monitoring purposes. The Sub-Fund’s securities will generally be similar to those of the Benchmark but the security weightings are expected to differ materially. However, depending on the level of the Investment Manager’s conviction, the Sub-Fund’s holdings may at certain times be close to the Benchmark. The Investment Manager may also select securities not included in the Benchmark in order to take advantage of investment opportunities. The Sub-Fund aims to generate capital growth over the medium and long terms. It mainly invests in in equity and equity-related securities of companies incorporated, or listed, in an Emerging Market country. Up to 30% of the Sub-Fund’s net assets may be invested in China A-Shares which are shares issued by mainland China-based companies that trade on regulated exchanges but only available for purchase through certain trading facilities (such as Stock Connect).