LH GLOBAL INVESTMENT GRADE OPPORTUNITIES FUND - Accumulation

Inception Date

April 29, 2025

Benchmark

100% of the performance of the Master Fund, adjusted as follows: 80% based on the Master Fund’s return after adjusting for the cost of foreign exchange (FX) hedging; and 20% based on the Master Fund’s return adjusted by the prevailing foreign exchange rate for conversion into Thai Baht (THB) as of the benchmark calculation date. This benchmark change will become effective from 1 December 2025 onwards.

Fund Size

861 M

Fund Manager

Ponlasin Kijmuntarvorn Pornphen Chuleeprasert

FX Hedging

No

Dividend Policy

์None

Investment Policy

The Fund has a policy to invest in units of a single foreign collective investment scheme (the “Master Fund”), namely Man Global Investment Grade Opportunities (the “Master Fund”), specifically in the Class I-USD share class denominated in U.S. Dollars (USD). The Master Fund is established under the laws of Ireland, regulated by the Central Bank of Ireland, and structured as a UCITS fund. The Master Fund is managed by Man Asset Management (Ireland) Limited. The LH Global Investment Grade Opportunity Fund will invest, on average during an accounting period, not less than 80% of its Net Asset Value (NAV) in units of the Master Fund. The Fund will also maintain net exposure to foreign investments of at least 80% of NAV, on average during an accounting period, or such proportion as may be prescribed by the Securities and Exchange Commission (SEC). Residual Investments For the remaining portion of the portfolio, the Fund may invest in both domestic and overseas investments, including: Deposit-like instruments and deposits; Fixed-income securities; Hybrid securities; Warrants; Securities and/or other assets; and Other income-generating investments as specified in the Fund prospectus and permitted by the SEC or other relevant regulatory authorities. Foreign Exchange Risk Hedging The Fund may enter into derivatives transactions for the purpose of hedging foreign exchange rate risk, subject to the Fund Manager’s discretion. In determining the extent of currency hedging, the Fund Manager will consider prevailing financial market conditions and various factors, including economic, political, monetary, and fiscal developments, in order to assess currency trends. For example: If the U.S. Dollar (USD) is expected to depreciate, the Fund Manager may increase the level of FX hedging. If the USD is expected to appreciate, the Fund Manager may reduce the hedging ratio or elect not to hedge at all. However, if the Fund Manager determines that currency hedging may not be in the best interests of unitholders or could adversely affect their potential benefits, the Fund may remain partially or fully unhedged. Investors should note that hedging transactions involve costs, which may reduce the Fund’s overall returns. Derivatives for Efficient Portfolio Management The Fund may also use derivatives for: Efficient Portfolio Management (EPM); and/or Hedging purposes, where the underlying asset is primarily a foreign exchange rate. Such transactions may be undertaken to enhance investment returns, reduce Fund expenses, or for other purposes permitted by applicable SEC regulations. The derivative contracts entered into by the Fund will have foreign exchange rates as their underlying reference assets. Events affecting the contracts or a counterparty’s inability to meet its obligations may result in lower-than-expected returns or investment losses. Accordingly, the Management Company will continuously monitor factors affecting the underlying assets and assess counterparties’ creditworthiness before and after entering into transactions. The Fund will primarily transact with counterparties having an Investment Grade credit rating. Replacement of the Master Fund In the event that the Management Company is unable to invest in Man Global Investment Grade Opportunities, or determines that continued investment in the Master Fund is no longer appropriate, the Management Company reserves the right to invest in another foreign mutual fund with investment objectives consistent with those of the LH Global Investment Grade Opportunity Fund. Such circumstances may include, but are not limited to: Significant market volatility arising from economic, political, financial, or capital market developments; Natural disasters or war; Changes to the investment manager, portfolio manager, investment policy, or management approach of the Master Fund; Performance of the Master Fund falling materially below expectations; Identification of alternative funds offering more attractive risk-adjusted returns or lower volatility; Regulatory concerns, material misconduct, or violations identified by the relevant supervisory authorities; or Situations in which investment in the Master Fund would cause the Management Company to be non-compliant with CIS investment regulations. In such cases, unitholders shall be deemed to have provided prior consent to the replacement. The Management Company will provide at least 30 days’ prior notice through its website and the websites of selling agents or distributors (if any). Any replacement will be carried out with due regard to the best interests of unitholders. Investment in Affiliated Funds The Fund may invest up to 20% of its NAV in mutual funds managed by the same Management Company, provided such investments comply with the Fund’s investment policy and SEC requirements. Such investments must not result in circular investments (circle investment). An underlying fund may further invest in another fund under the same asset management company for no more than one additional level. Voting rights relating to affiliated fund investments shall be exercised in accordance with SEC regulations, and the investing fund may not vote on behalf of the underlying fund. Other Permitted Investments The Fund may also invest in or hold: Structured Notes; Non-Investment Grade debt securities; Unrated debt securities; and may engage in: Securities lending transactions; Reverse Repurchase Agreements (Reverse Repo); Other investment instruments, assets, or income-generating arrangements as permitted under the prospectus and applicable SEC regulations. These investments may be undertaken to enhance portfolio management flexibility and investment opportunities, subject to regulatory requirements and the Fund’s risk management framework.