# MEASURES SINCE INCEPTION OF THE FUND
|  | ALL ROADS USD NA SHARE CLASS [1] | ALL ROADS USD PA SHARE CLASS [1] | ALL ROADS CONSERVATIVE USD NA SHARE CLASS [2] | ALL ROADS GROWTH USD NA SHARE CLASS [3] |
| --- | --- | --- | --- | --- |
| Long-term performance target | Cash+3-5% | Cash+3-5% | Cash+1.5-2.5% | Cash+6-8% |
| Risk budget ( Max 1Y drawdown) | 10% | 10% | 5% | 17.5% |
| Fund AUM ( USD million) | 2538 | - | 692 | 658 |
| Strategy AUM ( USD million) | 3888 | - | 3888 | 3888 |
| Ann. compounded return | 4.1% | 3.6% | 2.4% | 6.5% |
| Ann. standard deviation | 5.0% | 5.0% | 2.5% | 8.8% |
| Percentage of up months | 63.5% | 62.0% | 63.5% | 62.8% |
| Percentage of down months | 36.5% | 38.0% | 36.5% | 37.2% |
| Maximum monthly gain | 4.1% | 4.0% | 2.1% | 7.1% |
| Maximum monthly loss | -3.5% | -3.6% | -1.7% | -6.2% |
| Sharpe ratio | 0.64 | 0.54 | 0.58 | 0.64 |
| Maximum drawdown | -9.2% | -9.7% | -4.4% | -16.3% |

- Share class inception date: 15 February 2012.
- Please note the performance of LO Funds – All Roads Conservative USD NA Share Class is computed as follows: the track record of LO Funds – All Roads Conservative USD NA Share Class is computed pro-forma and gross of fees using historical TER since 15 February 2012 (launch date of LO Funds – All Roads USD NA Share Class), assuming net exposure of 50% to the gross excess returns (over Overnight USD LIBOR) of LO Funds – All Roads Class USD NA. After 11 April 2017 the pro-forma track record is chained with the live gross excess returns (over Overnight USD LIBOR) of LO Funds – All Roads Conservative Class USD NA. Return compounded monthly. Drawdowns computed on monthly data.
- Please note the performance of LO Funds – All Roads Growth USD NA Share Class is computed as follows: the track record of LO Funds – All Roads Growth USD NA Share Class is computed pro-forma and gross of fees using historical TER since 15 February 2012 (launch date of LO Funds – All Roads USD NA Share Class), assuming net exposure of 175% to the gross excess returns (over Overnight USD LIBOR) of LO Funds – All Roads Class USD NA. After 7 September 2017 the pro-forma track record is chained with the live gross excess returns (over Overnight USD LIBOR) of LO Funds – All Roads Growth Class USD IA. Return compounded monthly. Drawdowns computed on monthly data.

Translation (ENFR, 2023-06-30):
# MESURES PRISES DEPUIS LA CRÉATION DU FONDS
|  | ALL ROADS EUR NA SHARE CLASS [1] | ALL ROADS EUR PA SHARE CLASS [1] | ALL ROADS CONSERVATIVE EUR NA SHARE CLASS [2] | ALL ROADS GROWTH EUR NA SHARE CLASS [3] |
| --- | --- | --- | --- | --- |
| Performance long terme visée | Cash+3-5% | Cash+3-5% | Cash+1.5-2.5% | Cash+6-8% |
| Budget de risque (Max 1Y Drawdown) | 10% | 10% | 5% | 17.5% |
| Actifs sous gestion du Fonds (en mio, d’EUR) | 2538 | - | 692 | 658 |
| Actifs sous gestion de la stratégie (en mio d’EUR) | 3888 | - | 3888 | 3888 |
| Rendement annuel composé | 4.1% | 3.6% | 2.4% | 6.5% |
| Volatilité Ecart-type | 5.0% | 5.0% | 2.5% | 8.8% |
| Pourcentage de mois en hausse | 63.5% | 62.0% | 63.5% | 62.8% |
| Pourcentage de mois en baisse | 36.5% | 38.0% | 36.5% | 37.2% |
| Gain mensuel max. | 4.1% | 4.0% | 2.1% | 7.1% |
| Perte mensuelle max. | -3.5% | -3.6% | -1.7% | -6.2% |
| Ratio de Sharpe | 0.64 | 0.54 | 0.58 | 0.64 |
| Drawdown maximum | -9.2% | -9.7% | -4.4% | -16.3% |

[1] Date de création de la classe: 15 février 2012. [2] Veuillez noter que la performance de la classe LO Funds - All Roads Conservative USD NA est calculée comme suit: l'historique de la classe LO Funds - All Roads Conservative USD NA est calculé pro-forma et hors frais en utilisant le TER historique depuis 15 février 2012 (date de lancement de la classe LO Funds - All Roads USD NA), en supposant une exposition nette de 50% aux rendements excédentaires bruts (au cours du LIBOR USD au jour le jour) de LO Funds - All Roads USD NA. Après le 11 avril 2017, l'historique pro- forma est enchaîné avec les rendements excédentaires bruts en direct (au cours du LIBOR USD au jour le jour) de LO Funds - All Roads Conservative USD NA. Rendement composé mensuellement. Prix calculés sur les données mensuelles. [3] Veuillez noter que la performance de la classe LO Funds - All Roads Growth USD NA est calculée comme suit: l'historique de la classe LO Funds - All Roads Growth USD NA est calculé pro-forma et hors frais en utilisant le TER historique depuis 15 février 2012 (date de lancement de la classe d'actions LO Funds - All Roads USD NA), en supposant une exposition nette de 175% aux rendements excédentaires bruts (au cours du LIBOR USD au jour le jour) de LO Funds - All Roads USD NA. Après le 7 septembre 2017, l'historique pro-forma est enchaîné avec les rendements excédentaires bruts en direct (au cours du LIBOR USD au jour le jour) de LO Funds - All Roads Growth USD IA. Rendement composé mensuellement. Prix calculés sur les données mensuelles.