LH GLOBAL INVESTMENT GRADE OPPORTUNITIES FUND - Dividend

Inception Date

April 29, 2025

Benchmark

100% of the performance of the Master Fund, adjusted as follows: 80% based on the Master Fund’s performance adjusted for the cost of foreign exchange (FX) hedging; and 20% based on the Master Fund’s performance adjusted by the prevailing exchange rate for conversion into Thai Baht (THB) as of the benchmark calculation date.

Fund Size

55 M

Fund Manager

Ponlasin Kijmuntarvorn Pornphen Chuleeprasert

FX Hedging

No

Dividend Policy

Yes

Investment Policy

The Fund has a policy to invest in units of only one foreign collective investment scheme (the “Master Fund”), namely Man Global Investment Grade Opportunities (the “Master Fund”), specifically 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. It 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 an average net foreign exposure of at least 80% of NAV during an accounting period, or such proportion as may be prescribed by the Securities and Exchange Commission of Thailand (SEC). Investment of Remaining Assets The remaining portion of the portfolio may be invested in Thailand and/or overseas in: Deposit-like instruments and deposits; Fixed-income securities; Hybrid securities; Warrants; Securities and/or other assets; and Other income-generating instruments as permitted under the Fund’s prospectus and applicable SEC regulations. Foreign Exchange Risk Hedging The Fund may enter into derivatives transactions for the purpose of hedging foreign exchange risk, at the discretion of the Fund Manager. In determining the extent of currency hedging, the Fund Manager will take into consideration prevailing financial market conditions as well as relevant economic, political, monetary, and fiscal factors in assessing the expected direction of exchange rates. For example: If the U.S. Dollar (USD) is expected to depreciate, the Fund Manager may implement a relatively high degree of foreign exchange 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 hedging may not be in the best interests of unitholders or may deprive them of potential benefits, the Fund may remain partially or fully unhedged. Investors should note that hedging transactions may involve costs, which could reduce the Fund’s overall returns. Derivatives for Efficient Portfolio Management The Fund may also utilize derivatives for: Efficient Portfolio Management (EPM); and/or Hedging purposes, where the underlying asset is a foreign exchange rate. Such transactions may be undertaken to enhance investment returns, reduce Fund expenses, or for other purposes permitted by the SEC. The derivative contracts entered into by the Fund will primarily reference foreign exchange rates. In the event of circumstances affecting the derivative contracts or a counterparty’s failure to perform its contractual obligations, the Fund may not achieve its expected returns and could incur losses. The Management Company will therefore conduct ongoing analysis and monitoring of factors affecting the underlying assets and will assess counterparties’ creditworthiness before and after entering into transactions. The Fund will primarily transact with counterparties holding Investment Grade credit ratings. Replacement of the Master Fund Should the Management Company be unable to invest in Man Global Investment Grade Opportunities, or determine that continued investment in the Master Fund is no longer appropriate, it reserves the right to invest in another foreign mutual fund with an investment policy consistent with the objectives of the LH Global Investment Grade Opportunity Fund. Such circumstances may include, but are not limited to: Significant volatility resulting from economic, political, financial, or capital market developments; Natural disasters or war; Changes in the investment manager, portfolio manager, investment policy, or management approach of the Master Fund; Performance of the Master Fund falling materially below expectations; The availability of alternative funds offering superior return potential or lower volatility; Non-compliance with SEC regulations or serious misconduct identified by the relevant regulatory authority; or Circumstances in which investment in the Master Fund would result in non-compliance with CIS investment regulations. In such cases, unitholders shall be deemed to have granted prior approval for the replacement. The Management Company will provide at least 30 days’ prior notice through its website and the websites of appointed selling agents or redemption agents (if any). Any such change will be implemented 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, and the underlying fund may invest in another fund managed by the same management company for no more than one additional layer. Voting rights relating to investments in affiliated funds shall be exercised in accordance with SEC regulations, and the investing fund may not cast votes 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 assets or income-generating investments as specified in the Fund prospectus and permitted by applicable regulations. These investments may be undertaken to provide additional portfolio flexibility and investment opportunities, subject to the Fund’s risk management framework and regulatory requirements.