Leo Portfolios SIF Flexible MFW Equities

The sub‐fund aims at generating an absolute return while maintaining the volatility of the portfolio at a medium level with a correlation to the financial equities markets (i.e. the markets of stock‐listed global equities), investing in securities in developed countries (but not exclusively) with a bias towards US markets, liquid securities, large capitalization, growing and top performance companies. The Sub‐Fund has a bias towards equity but, depending on macroeconomic and market conditions the Sub‐Fund may opt for other investments. This is obtained through a large and a flexible allocation to equity markets and cash (0% to 100%) and a disciplined investment approach.