# EXPERIENCED TEAM WITH DIRECT MARKET ACCESS
The Lyxor EuroGovies Risk Balanced Fund is part of a larger range of pioneering liquidity management solutions designed and managed by Lyxor Asset Management, with a total of over
€11bn in assets under management. The fund is managed by Jean Sayegh, principal portfolio manager and head of Fixed Income Investments at Lyxor since 2013. The portfolio management team, which benefits from direct market access, is ideally positioned to achieve best execution.

### CUMULATIVE FUND PERFORMANCE
”

## For indicative purposes only. Past performance is no guarantee of future results.

### KEY FIGURES

### Fund Size - EUR M	541

### Annualized Rate of Return*	-0.1%

### Annualized Volatility*	0.9%

### Sharpe ratio*	0.3

### *Since inception

### RISK INDICATORS

### 1
| 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- |

Risks	Risks
Rewards	Rewards
Information as of the end of the month indicated at the top of this page.
THIS DOCUMENT IS FOR THE EXCLUSIVE USE OF INVESTORS ACTING ON THEIR OWN ACCOUNT AND CATEGORIZED EITHER AS "ELIGIBLE COUNTERPARTIES" OR "PROFESSIONAL CLIENTS" WITHIN THE MEANING OF MARKETS IN FINANCIAL INSTRUMENTS DIRECTIVE 2004/39/EC. NOT FOR U.S INVESTORS.

## MONTHLY RETURNS - %
|  | J | F | M | A | M | J | J | A | S | O | N | D | YTD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2021 | -0.05 | -0.14 | 0.07 | -0.01 | -0.06 | 0.01 | 0.12 | -0.10 | -0.01 |  |  |  | -0.17 |
| 2020 | 0.07 | -0.01 | -0.48 | -0.16 | 0.21 | 0.13 | 0.07 | -0.05 | 0.10 | 0.17 | 0.01 | -0.04 | 0.02 |
| 2019 | -0.12 | -0.05 | 0.15 | 0.02 | 0.05 | -0.07 | -0.04 | -0.16 | -0.04 | -0.05 | -0.13 | -0.01 | -0.46 |
| 2018 | -0.27 | 0.01 | 0.02 | -0.07 | -0.04 | 0.02 | -0.09 | -0.05 | -0.09 | -0.07 | -0.16 | -0.21 | -0.97 |
| 2017 | -0.42 | 0.03 | -0.01 | 0.43 | 0.00 | -0.22 | 0.03 | -0.02 | -0.01 | 0.04 | -0.04 | -0.12 | -0.30 |
| 2016 | -0.15 | 0.07 | 0.40 | -0.20 | 0.14 | 0.17 | 0.08 | -0.11 | 0.10 | -0.17 | -0.18 | 0.15 | 0.30 |
| 2015 | 0.88 | 0.07 | 0.09 | -0.55 | 0.06 | -0.43 | 0.40 | -0.68 | 0.47 | 0.29 | -0.13 | -0.05 | 0.41 |
| 2014 |  |  |  |  |  |  |  |  |  |  | 0.13 | 0.22 | 0.34 |

For indicative purposes only. Past performance is no guarantee of future results.

## FUND CHARACTERISTICS
|  | CLASS B | CLASS I | CLASS SI |
| --- | --- | --- | --- |
| Currencies |  | EUR, | USD |  |
| Type of shares |  | Capitalisation/ Distribution |  |
| Management Fee | Up to 0.30% | Up to 0.15% | Up to 0.15% |
| Performance Fee | 10% above EONIA | 10% above EONIA | 10% above EONIA (20 bps annual cap) |
| Administrative Fee |  | Up to 0.20% |  |
| Minimum Initial Investment | EUR 500,000 | EUR 1,000,000 | EUR 250,000,000 |
| ISIN | EUR | LU1355122737 | LU1355121929 | LU1135602404 |
|  | USD |  | LU1619439919 | LU1155560029 |

DISCLAIMER
This profile is proprietary and confidential. The information in this material is for illustration and discussion purposes only. It is not intended to be, nor should it be construed or used as, investment, tax or legal advice, any recommendation or opinion regarding the appropriateness or suitability of any investment or strategy, or an offer to sell, or a solicitation of an offer to buy, an interest in any security, including shares in the Fund. It may not be reproduced or delivered to any person without the prior consent of Lyxor Asset Management S.A.S. (“Lyxor S.A.S.”). Lyxor S.A.S. is a French investment management company authorized by the Autorité des marchés financiers and registered as a commodity trading advisor and commodity pool operator with the U.S. Commodity Futures and Trade Commission. No advisory relationship is created by the receipt of this material. This information is qualified in its entirety by the information contained in the Fund’s confidential offering documents, including the private placement memorandum or other offering memorandum (collectively, the “Offering Documents”). Any offer or solicitation of an investment in the Fund may be made only by delivery of the Fund’s Offering Documents to qualified investors. Prospective investors should rely solely on the Offering Documents in making any investment decision. A more robust discussion of the risks and tax considerations involved in investing in the Fund is available from the more complete disclosures incorporated into the Offering Documents for such Fund. The Offering Documents contain important information, including, among other information, a description of the Fund’s risks, investment program, fees and expenses, and should be read carefully before any investment decision is made. For more detailed information regarding fees and expenses, please refer to the relevant sections of the Offering Documents for a complete description of the fees and expenses. This material has not been prepared in regard to specific investment objectives, financial situations, or the particular needs of any specific entity or person. Investors should make their own appraisal of the risks and should seek their own financial advice regarding the appropriateness of investing in any securities or financial instrument or participating in any investment strategy. Before you decide to invest in any account or fund, you should carefully read the relevant client agreements and Offering Documents. No representation is made that your investment objectives will be achieved. The information displayed in this document may change from time to time without notice. Certain information presented herein has been obtained from other sources believed to be reliable. Such information has not been verified and no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of such information, nor does Lyxor S.A.S. accept any liability arising from its use. Any opinions expressed herein are statements of our judgment on this date and are subject to change without notice. This material is not intended for use by retail customers. Any descriptions involving investment process, risk management, portfolio characteristics or statistical analysis are provided for illustrative purposes only, will not apply in all situations, and may be changed without notice.

### LEGAL STRUCTURE

### Compartiment de Lyxor Investment Funds, SICAV luxembourgeoise

### FUND INCEPTION DATE 18/11/2014

### SHARE CLASS LAUNCH DATE 18/11/2014

### REFERENCE CURRENCY EUR

### LIQUIDITY*

### Daily

### DEADLINE FOR PLACEMENT OF ORDERS*

### 11:00 AM (Luxembourg Time)

### SETTLEMENT* D+2
* Please refer to the fund’s prospectus for more detailed information

### INVESTMENT MANAGER

### Lyxor Asset Management S.A.S.

### ADMINISTRATOR

### Société Générale Bank & Trust S.A.

### MAIN RISKS
Without any prejudice to the provisions of the Section “Investment Risks” specified in the Prospectus it is reminded that given the Investment Policy of the Sub-Fund, an investment in the Sub-Fund carries substantial risk and is suitable only for investors who can bear the risk of losing a substantial part of their investment. Prospective investors should consider, amongst others, the following factors before subscribing for Shares: Risk of loss of invested capital; Counterparty risk; Credit risk; Concentration risk; Interest rate risk; Inflation risk; Foreign exchange risk; Model risk, Risk linked to the use of repurchase agreements; Listed derivatives and OTC derivatives risk.

### Lyxor Asset Management

### Tours Société Générale - 17 Cours Valmy 92987 Paris La Défense Cedex - France lyxor-crm@lyxor.com

### +33 1 42 13 31 31

### Registration number: GP98019

### GLOSSARY
Annualized Return – a rate of return for a given period that is less than one year, but that is computed as if the rate were for a full year. The formula is as follows assuming that M is the total number of months of returns which are being measured within the Program: (1+Cumulative Returns)^(12/M)-1.
Annualized Volatility – the square root of 12 multiplied by the Standard Deviation.
Sharpe Ratio– this is a formula used to measure risk-adjusted performance. This is calculated by subtracting the risk-free rate (in this case, 3M T-bill) from the rate of return for the Program and dividing the result by the Standard Deviation.

### INDICES
Indices are unmanaged and do not include fees, expenses or other transaction costs associated with the portfolio. Any comparison of performance with an index is subject to material limitations. References to an index do not imply that the portfolio is intended to achieve returns or volatility or results similar to such index.
Euribor - Euribor (Euro Interbank Offered Rate) is a daily reference rate, based on the averaged interest rates at which Eurozone banks offer to lend unsecured funds to other banks in the euro wholesale money market.

### NOTICE
The underlying instrument(s) of this product is (Are) not authorised to be marketed in the country(ies) where such product is offered. The attention of investors is drawn to the fact that the offering of this product in this (these) country(ies) in no way constitutes an offer to subscribe to, or purchase, the underlying instrument(s) in such country(ies).
European Investors Any potential investment in any securities or financial instruments described herein may not be suitable for all investors. Any prospective investment will require you to represent that you are a “professional client”, as defined in the Markets in Financial Instruments Directive (MiFID). The securities and financial instruments described herein may not be available in all jurisdictions. Investments in or linked to hedge funds are highly speculative and may be adversely affected by the unregulated nature of hedge funds and the use of trading strategies and techniques. Also, hedge funds are typically less transparent in terms of information and pricing and have much higher fees than registered funds. Investors in hedge funds may not be afforded the same protections as “retail investors” as defined in the MiFID.
UK Investors The products described within this document are suitable for professional investors only and are not directed at retail clients. The document is issued by Lyxor AM. Lyxor AM is represented in the UK by Lyxor Asset Management UK LLP, which is authorized and regulated by the Financial Conduct Authority in the UK.
Swiss Investors This document and the information contained therein do not constitute an issue prospectus according to articles 652a and 1156 of the Swiss Code of Obligations (“CO”) or a listing prospectus according the Listing Rules of the SIX Swiss Exchange. The product is authorized for the offer and distribution in Switzerland or from Switzerland pursuant to the Swiss Federal Act on Collective Investment Schemes (CISA). The Federal Banking Commission has authorized Société Générale, Zurich Branch (Talacker 50, Case postale 1928, 8021 Zürich), to act as Swiss Representative and Paying Agent of the Funds in Switzerland. The product’s documentation (prospectus, KIID, articles of association, annual and semi-annual reports) can be obtained free of charge at the Swiss representative’s office.
U.S. Investors Any potential investment in any securities or financial instruments described herein may not be suitable for all investors. Any prospective investment will require you to represent that you are an “accredited investor”, as defined in Regulation D under the U.S Securities Act of 1933, as amended, and a “qualified purchaser”, as defined in Section 2(a) (51) of the U.S Investment Company Act of 1940, as amended (the “’40 Act”). The securities and financial instruments described herein may not be available in all jurisdictions. Investments in or linked to hedge funds are highly speculative and may be adversely affected by the unregulated nature of hedge funds and the use of trading strategies and techniques that are typically prohibited for funds registered under the ’40 Act. Also, hedge funds are typically less transparent in terms of information and pricing and have much higher fees than registered funds. Investors in hedge funds may not be afforded the same protections as investors in funds registered under the ’40 Act including limitations on fees, controls over investment policies and reporting requirements.
Canadian Investors Any potential investment in any securities or financial instruments described herein may not be suitable for all investors. Any prospective investment will require you to represent that you are a “permitted client”, as defined in National Instrument 31-103 and an “accredited investor”, as defined in National Instrument 45-106. The securities and financial instruments described herein may not be available in all jurisdictions of Canada. Investment vehicles described herein will not be offered by prospectus in Canada and will not be subject to National Instrument 81-102 and National Instrument 81-106. In addition, investments in or linked to hedge funds are highly speculative and may be adversely affected by the unregulated nature of hedge funds and the use of trading strategies and techniques that are typically prohibited for prospectus offered funds. Also, hedge funds are typically less transparent in terms of information and pricing and have much higher fees than prospectus offered funds. Investors in hedge funds may not be afforded the same protections as investors in offered funds, including limitations on fees, controls over investment policies and reporting requirements.
Notice to Australian Investors This document is distributed in Australia by SG Securities (HK) Limited (“SGSHK”). Under ASIC Class Order [CO 03/1103] as mentioned in the ASIC Corporations (Repeal and Transitional) Instrument 2016/396, SGSHK is exempt from the requirement to hold an Australian financial services licence for the provision of its financial services to you. SGSHK is authorised and regulated by the Securities and Futures Commission of Hong Kong under the laws of Hong Kong which differ from Australian laws. This document is provided to you on the basis that you are a 'wholesale client' within the meaning of section 761G of the Corporations Act 2001 (Cth).
Notice to Investors in Asia-Pacific Region This document is prepared for and intended to be distributed in Asia-Pacific Region solely to sophisticated and professional clients. You should therefore be appropriately qualified as a professional, accredited, wholesale, expert or institutional investor (however defined in your local jurisdiction). It is distributed by licensed affiliates of Société Générale (“SG”) which is a French credit institution (bank) authorised by the Autorité de Contrôle Prudentiel (the French Prudential Control Authority) in accordance with applicable regulations and SG’s internal policy. You should be aware that local regulations may not allow this document to be distributed from your local SG licensed affiliate, but may allow it to be distributed from an offshore branch or affiliate under certain circumstances. If in any doubt, you should always determine which licensed affiliate is responsible for distributing this document to you by contacting SG. You should also be aware that financial products or services referred to may not be sold, bought or subscribed to if you do not qualify in your local jurisdiction. Always ensure that you contact and deal through appropriately licensed entities if you wish to purchase any such products or services.
No further disclosure, reproduction or reliance permitted: This document has been prepared solely for persons it has been distributed to directly by SG. Its contents may not be disclosed to, reproduced or used or relied upon by, any other person, or used for any other purpose.
For Investors Receiving This Document From SG Securities (HK) Limited This document is distributed to you by SG Securities (HK) Limited (CE: AAD941) ("SGSHK") as an activity that is wholly incidental to its carrying out of a regulated activity for which it is already licenced. Details of SG's licence can be provided upon request.
SGSHK has been appointed by Lyxor Asset Management and Lyxor International Asset Management (“Lyxor”) to promote the funds launched by Lyxor. Investors [and prospective investors] should note that a service fee may be paid by Lyxor to SGSHK for its services.
For Recipients Where This Document is Distributed by Société Genéralé, Hong Kong Branch This document is issued solely to “professional investors” within the meaning of the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made under that Ordinance. If this document is distributed to you by SG Securities (HK) Limited (CE: AAD941) (“SGSHK”), the details of SGSHK’s licence can be provided upon request.
For Recipients in Singapore This document may only be provided to institutional investors, as defined in Section 4A of the Securities and Futures Act. If you wish to discuss this document or effect transactions in any security discussed herein, you should do so with or through MAS licensed representatives of Société Générale, Singapore Branch.
For Documents Distributed in China from Offshore (as a Result of a Reverse Enquiry) This document has been prepared and distributed by Société Générale as a result of a reverse enquiry by you. Societe Generale (China) Limited has not been involved with the preparation or distribution of this document. Any products or services that may be mentioned in this document are subject to laws and regulations and regulator’s requirements in China and may not be able to be provided in China.
Notice for Documents Distributed in Taiwan This document is to present to you as a result of reverse enquiry and may only be distributed to “professional institutional investors” within the meaning provided in the applicable regulations in Taiwan. The product(s) or service(s), if any, mentioned in this document, have not been registered with or approved by Taiwan competent authorities and are not regulated by Taiwan laws and regulations.
Notice to Korean Investors This document is distributed by SG Securities (HK) Limited outside Korea and intended only for Korean financial institutions holding the dealing or brokerage business license under the Financial Investment and Capital Market Act of Korea and the Enforcement Decree thereof. SG Securities (HK) Limited is regulated by the Securities & Futures Commission under Hong Kong laws. The product mentioned in this document may not be eligible or suitable for all types of investors. This document is not intended for private customers.
For Korean Investors Receiving this document from SG Securities Korea This document is distributed by SG Securities Korea Co., Ltd. which is regulated by the Financial Services Commission and the Financial Supervisory Service under Korean laws. The product mentioned in this document may not be eligible or suitable for all types of investors. This document is not intended for private customers.

### IMPORTANT INFORMATION FOR INVESTORS
Parties entering into transactions (such as a derivative or financing transaction) or investing in financial instruments that use an index or a variable interest rate (benchmark) are exposed to the risk that:
- such benchmark may be subject to methodological or other changes which could affect the value of the relevant transaction; or
- (i) may become not compliant with applicable laws and regulations (such as the European Benchmark Regulation), (ii) may cease to be published (possible cessation of LIBOR publication or planned cessation of EONIA both after December 2021), or (iii) the supervisor or administrator of any such benchmark may make a statement that the relevant benchmark is no longer representative, and as a consequence the relevant benchmark may be replaced by another benchmark which may have an adverse and material impact on the economics of the relevant transactions.

You should conduct your own independent investigation and analysis of the potential consequences of any relevant risks such as those mentioned above, particularly in light of the ongoing industry initiatives related to the development of alternative reference rates and the update of the relevant market standard documentation.

Translation (ENFR, 2021-09-30):
# UNE ÉQUIPE DE GESTION EXPÉRIMENTÉE BÉNÉFICIANT D’UN ACCÈS DIRECT AU MARCHÉ
Lyxor EuroGovies Risk Balanced Fund fait partie d’une large gamme de solutions innovantes de gestion de la liquidité, conçues et pilotées par Lyxor Asset Management. Elle représente au total un encours de plus de 11 milliards d’euros gérés. L’équipe, dirigée par Jean Sayegh, dispose d’un accès direct au marché et est idéalement positionnée pour exécuter au mieux la stratégie d’investissement du fonds.

##### PERFORMANCE NETTE
”

## À titre indicatif uniquement. La performance passée n’offre aucune garantie de résultats futurs.

##### CHIFFRES CLÉS

##### Taille du fonds - EUR M	541

##### Performance annualisée*	-0,1%

##### Volatilité annualisée*	0,9%

##### Ratio de Sharpe*	0,3

##### *Depuis le lancement

##### INDICATEUR DE RISQUE

##### 1

##### 2

##### 3

##### 4

##### 5
Risques	Risques
Profits	Profits

###### Information valable à la fin du mois indiqué en haut de page.
DOCUMENT DESTINÉ À L'USAGE EXCLUSIF D'INVESTISSEURS AGISSANT POUR LEUR PROPRE COMPTE ET CATÉGORISÉS COMME "CONTREPARTIES ÉLIGIBLES" OU "CLIENTS PROFESSIONNELS " SELON LA DÉFINITION DE LA DIRECTIVE 2004/39/CE RELATIVE AUX MARCHÉS D'INSTRUMENTS FINANCIERS.

## PERFORMANCES MENSUELLES - %
|  | J | F | M | A | M | J | J | A | S | O | N | D | YTD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2021 | -0,05 | -0,14 | 0,07 | -0,01 | -0,06 | 0,01 | 0,12 | -0,10 | -0,01 |  |  |  | -0,17 |
| 2020 | 0,07 | -0,01 | -0,48 | -0,16 | 0,21 | 0,13 | 0,07 | -0,05 | 0,10 | 0,17 | 0,01 | -0,04 | 0,02 |
| 2019 | -0,12 | -0,05 | 0,15 | 0,02 | 0,05 | -0,07 | -0,04 | -0,16 | -0,04 | -0,05 | -0,13 | -0,01 | -0,46 |
| 2018 | -0,27 | 0,01 | 0,02 | -0,07 | -0,04 | 0,02 | -0,09 | -0,05 | -0,09 | -0,07 | -0,16 | -0,21 | -0,97 |
| 2017 | -0,42 | 0,03 | -0,01 | 0,43 | 0,00 | -0,22 | 0,03 | -0,02 | -0,01 | 0,04 | -0,04 | -0,12 | -0,30 |
| 2016 | -0,15 | 0,07 | 0,40 | -0,20 | 0,14 | 0,17 | 0,08 | -0,11 | 0,10 | -0,17 | -0,18 | 0,15 | 0,30 |
| 2015 | 0,88 | 0,07 | 0,09 | -0,55 | 0,06 | -0,43 | 0,40 | -0,68 | 0,47 | 0,29 | -0,13 | -0,05 | 0,41 |
| 2014 |  |  |  |  |  |  |  |  |  |  | 0,13 | 0,22 | 0,34 |

À titre indicatif uniquement. La performance passée n’offre aucune garantie de résultats futurs.

## CARACTÉRISTIQUES
|  | PART B | PART I | PART SI |
| --- | --- | --- | --- |
| Devises | EUR, USD |
| Type de parts |  | Capitalisation/ Distribution |
| Frais de gestion | Jusqu'à 0.30% | Jusqu'à 0.15% | Jusqu'à 0.15% |
| Frais de performance | 10% au-dessus d'EONIA | 10% au-dessus d'EONIA | 10% au-dessus d'EONIA (cap annuel de 20 bps) |
| Frais administratifs |  | Jusqu'à 0.20% |  |
| Souscription initiale | 500 000 EUR | 1 000 000 EUR | 250 000 000 EUR |
| ISIN | EUR | LU1355122737 | LU1355121929 | LU1135602404 |
|  | USD |  | LU1619439919 | LU1155560029 |

AVERTISSEMENT

### Les informations contenues dans ce document sont communiquées à titre purement informatif. Le présent document est un document à caractère promotionnel et non de nature réglementaire. Ce document ne constitue ni une offre de contrat, ni une sollicitation, ni un conseil ou une recommandation de la part de Lyxor Asset Management en vue de la souscription ou du rachat des parts ou actions du Fonds. L’exactitude, l’exhaustivité ou la pertinence des informations figurant dans ce document ne sont pas garanties bien que ces informations aient été établies à partir de sources sérieuses, réputées fiables. Le Fonds est conforme aux dispositions de la Directive UCITS 4 (2009/65/ CD) et a été agréé pas Commission de Surveillance du Secteur Financier au Luxembourg le 19/07/12 et a été notifié à l’AMF le 18/09/2012 en application des dispositions de la Directive UCITS 4. Avant tout investissement dans ce produit, les investisseurs sont invités à se rapprocher de leurs conseils financiers, fiscaux et juridiques. L’exactitude, l’exhaustivité ou la pertinence de l’information provenant de sources externes n’est pas garantie, bien qu’elle ait été obtenue auprès de sources raisonnablement jugées fiables. Société Générale et Lyxor n’assument aucune responsabilité à cet égard. Ce document peut faire l’objet de modifications de temps à autre sans préavis et doit être lu en liaison avec la version la plus récente du prospectus du Fonds. Le prospectus du Fonds et les précédents rapports de gestion sont disponibles sur simple demande auprès de Lyxor Asset Management (lyxor- crm@lyxor.com). Ce document ainsi que son contenu, sont la propriété de Lyxor Asset Management et des sociétés appartenant au groupe Lyxor Asset Management, leur reproduction ou leur distribution est strictement interdite sans l’autorisation écrite préalable de Lyxor Asset Management.

#### STRUCTURE JURIDIQUE

##### Compartiment de Lyxor Investment Funds, SICAV luxembourgeoise

##### DATE DE LANCEMENT DU FONDS 18/11/2014

##### DATE DE LANCEMENT DE LA PART 18/11/2014

#### DEVISE DE BASE EUR

##### LIQUIDITÉ*

##### Quotidienne

#### HEURE LIMITE DE SOUSCRIPTION/ RACHAT*

##### 11h00 (Heure du Luxembourg)

##### RÈGLEMENT* J+2
* Merci de voir le prospectus du fonds pour plus d’information

#### GÉRANT

##### Lyxor Asset Management S.A.S.

#### ADMINISTRATEUR

##### Société Générale Bank & Trust S.A.

#### PRINCIPAUX RISQUES
Sans préjudice des dispositions de la section « Risques d’investissement » spécifiées dans le Prospectus, il est rappelé que, compte tenu de la politique d’investissement du Compartiment, un investissement dans le Compartiment comporte des risques substantiels et ne convient que pour les investisseurs qui peuvent supporter le risque de perdre une partie substantielle de leur investissement. Les investisseurs éventuels devraient examiner, entre autres, les facteurs suivants avant de souscrire des parts du Compartiment : Risque de perte du capital investi ; Risque de contrepartie ; Risque de crédit ; Risque de concentration ; Risque de taux ; Risque d’inflation ; Risque de change ; Risque de modèle ; Risque lié à l’utilisation de conventions de rachat ; Risque lié aux produits dérivés cotés et de gré à gré.

##### Lyxor Asset Management

##### Tours Société Générale - 17 Cours Valmy 92987 Paris La Défense Cedex - France lyxor-crm@lyxor.com

##### +33 1 42 13 31 31

##### Registration number: GP98019

#### AVERTISSEMENT

###### Investisseurs européens et suisses
Le présent document est un document à caractère promotionnel et non de nature réglementaire. Pour tout pays autre que l’Irlande, le Luxembourg, la France, la Belgique, l’Allemagne, l’Autriche, l’Italie, l’Espagne, la Suède, la Suisse, aucun prospectus n’a été approuvé ou notifié au régulateur local et le produit ne peut être distribué par le biais d’une offre, ou de la sollicitation d’une offre au public. L’attention de l’investisseur est attirée sur le fait que le prospectus n’est disponible qu’en ver ion anglaise.

###### Investisseurs suisses
Ce document et les informations qui y figurent ne constituent pas un prospectus au sens des articles 625a et 1156 du Code des obligations suisse. Le produit peut être offert ou distribué en Suisse ou depuis la Suisse en vertu de la loi fédérale sur les placements collectifs de capitaux (LPCC). L’Autorité fédérale de surveillance des marchés financiers en Suisse (FINMA) a autorisé Société Générale, Zurich Branch (Talacker 50, Case postale 1928, 8021 Zürich) à exercer comme représentant et agent payeur du produit en Suisse. La documentation du produit (prospectus, DICI, statuts, rapports annuel et semestriel) peut être obtenue gratuitement auprès du représentant suisse.

###### Investisseurs canadiens
L’investissement dans les titres ou instruments financiers ici décrits ne convient pas à tous les types d’investisseurs. Si vous envisagez un tel investissement, vous êtes tenu de déclarer que vous êtes un « client autorisé » au sens de la Norme nationale 31-103 ou un « investisseur accrédité » au sens de la Norme nationale 45-106. Les titres et instruments financiers ici décrits peuvent ne pas être disponibles dans toutes les juridictions au Canada. Les véhicules d’investissement ici décrits ne seront pas proposés par voie de prospectus au Canada et ne seront pas soumis aux Normes nationales 81-102 et 81-106. De plus, les investissements directs dans des hedge funds ou liés à des hedge funds sont hautement spéculatifs et peuvent être pénalisés par le caractère non réglementé des hedge funds ainsi que par l’utilisation de différentes stratégies et techniques d’investissement qui sont spécifiquement interdites pour les fonds proposés par voie de prospectus. L’information disponible concernant les hedge funds est généralement moins transparente, notamment en matière de prix, et les commissions applicables sont beaucoup plus élevées que pour les fonds proposés par voie de prospectus. Les investisseurs qui optent pour des hedge funds ne bénéficient pas nécessairement des mêmes protections que les investisseurs dans des fonds proposés par voie de prospectus, comme la limitation des commissions, le contrôle des politiques d’investissement ou les obligations de reporting.

#### INFORMATIONS IMPORTANTES POUR LES INVESTISSEURS
Les Parties concluant des transactions (telles qu'une transaction de financement ou une opération sur instrument dérivé) ou investissant dans des instruments financiers recourant à un indice ou un taux d'intérêt variable (référentiel) sont exposées au risque que le référentiel :
- puisse faire l'objet de changements méthodologiques ou autres de nature à affecter la valeur de la transaction en question ; ou
- (i) devienne non conforme aux législations et réglementations applicables (telles que le Règlement sur les indices de référence européen), (ii) cesse d'être publié (possibilité d'une cessation de la publication du taux LIBOR et cessation prévue de la publication du taux EONIA à partir de décembre 2021), ou (iii) que l'autorité de supervision ou l'administrateur du référentiel en question produise une déclaration selon laquelle le référentiel n'est plus représentatif et qu'en conséquence, il soit remplacé par un autre référentiel, ce qui peut avoir un impact négatif important sur les variables économiques des transactions en question.

Il vous appartient de réaliser indépendamment vos propres recherches et analyses des conséquences potentielles de tous les risques applicables, tels que ceux susmentionnés, notamment au regard des initiatives lancées dans le secteur en matière de développement de taux de référence alternatifs et des versions actualisées de la documentation de marché standard concernée.