#  MONTHLY PERFORMANCE (C USD class)
|  | JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YEAR | INCEPT |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2023 | -0.37% | -3.30% |  |  |  |  |  |  |  |  |  |  | -3.66% | 45.30% |
| 2022 | -7.08% | -1.86% | 3.40% | -0.99% | -1.57% | -2.67% | 3.64% | -1.07% | -8.21% | 5.92% | 5.21% | -1.99% | -8.07% | 50.82% |
| 2021 | -3.06% | -0.15% | 4.45% | 4.48% | 1.52% | -0.59% | 3.24% | 1.63% | -4.20% | 5.12% | -2.58% | 7.01% | 17.43% | 64.06% |
| 2020 | 1.25% | -5.22% | -7.02% | 6.21% | 4.06% | -1.29% | 4.88% | 2.57% | -1.91% | -2.73% | 6.12% | 2.51% | 8.68% | 39.71% |
| 2019 | 0.15% | 2.82% | 2.05% | 0.95% | 1.23% | 3.12% | -0.44% | 2.24% | 0.52% | -1.21% | -1.93% | 0.28% | 10.09% | 28.55% |
| 2018 | 0.38% | -8.36% | 0.20% | 0.64% | 0.08% | -0.34% | 2.26% | 2.64% | 2.35% | -2.71% | 3.28% | -3.51% | -3.64% | 16.77% |
| 2017 | 0.88% | 0.75% | 0.38% | 0.80% | 1.95% | -0.33% | 0.63% | 0.35% | 0.49% | -0.52% | 1.90% | -0.30% | 7.18% | 21.18% |
| 2016 | -1.57% | -0.26% | 4.87% | -0.36% | 1.91% | 0.71% | 1.56% | -1.88% | 0.25% | -1.52% | 0.77% | 3.38% | 7.91% | 13.06% |
| 2015 |  |  |  | 0.65% | -0.44% | 0.95% | 2.15% | -3.86% | -2.05% | 5.41% | 1.93% | 0.22% | 4.77% | 4.77% |

GMP - QUANTIS LOW VOLATILITY - GENERAL INFORMATION
| Umbrella	Global Managers Platform (SICAV UCITS V)	Investment management company	Active Niche Funds SA Domicile	Luxembourg	Advisor	Quantis Asset Management SA Available currencies	USD / CHF (hedged) / EUR (hedged)	ManCo	Linkfundsolutions Inception date	23 March 2015	Custodian	ING Luxembourg Cut-off	16h00 CET	Administrative & Transfer Agent	CACEIS NAV calculation	Daily	Auditor	Deloitte AUM	USD 17.8 M	Subscription fee	 Up to 3% Performance fee	20% (Monthly HWM + 3% Hurdle Rate)	 Redemption fee	None |
| --- |
| Share Classes C  Management fee 1.60%  Minimum investment 3'000 ISIN C USD : LU1196384371 (N° de valeur : 27420459) - ISIN C CHF : LU1196384611 (N° de valeur : 27425280) - ISIN C EUR : LU1439950202 (N° de valeur : 33256519) |
| Share Classes I  Management fee 0.95%  Minimum investment 1'000'000 ISIN I USD : LU1439950384 - ISIN I CHF : LU1439950467 - ISIN I EUR : LU1439950541 |

Issued by Active Niche Funds S.A. (ANF), Avenue de la Gare 1, 1003 Lausanne, Switzerland. ANF is authorised and regulated by the FINMA. This document is a marketing material intended for ‘Professional Client’ only. Any reference to specific securities, sectors or markets within this document does not constitute investment advice or a recommendation or an offer to buy or sell any security or fund, and is not intended to substitute the offering documents or prospectus of the Fund. This material may not be distributed, published or reproduced in whole or in part. ANF may terminate marketing at any time. All financial investments involve an element of risk. Therefore, the value of your investment will vary and your initial investment amount cannot be guaranteed. The indicated performance data does not take account of the commissions and costs incurred on the issue and redemption of units. Past performance is not an indication or guarantee for future performances. Investors should understand all characteristics of the Fund’s objective before investing. The Prospectus, the most recent financial reports and the Key Information Documents, which are available in registered jurisdictions in their respective local language can be found at www.fundinfo.com on the relevant product pages. Quantis Low Volatility Fund is domiciled in Luxembourg. Waystone Fund Services (Switzerland) SA, Av. Villamont 17, 1005 Lausanne, Switzerland. Phone: +41213111777. Internet: www.waystone.com is the Swiss Representative of the Fund where legal documents are also available. The Swiss Paying Agent of the Fund is Banque Cantonale de Genève, 17, quai de l’Ile, CH-1204 Geneva, Switzerland. Current share prices are available on www.fundinfo.com. For information on investor rights and how to raise complaints please go to www.activenf.ch/investor-rights.
Past performances do not constitute a guarantee for future performances.

Translation (ENFR, 2023-02-28):
#  PERFORMANCE MENSUELLES (classe C USD)
|  | JAN | FEV | MAR | AVR | MAI | JUIN | JUIL | AOÛT | SEP | OCT | NOV | DEC | ANNEE | TOTAL |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2023 | -0.37% | -3.30% |  |  |  |  |  |  |  |  |  |  | -3.66% | 45.30% |
| 2022 | -7.08% | -1.86% | 3.40% | -0.99% | -1.57% | -2.67% | 3.64% | -1.07% | -8.21% | 5.92% | 5.21% | -1.99% | -8.07% | 50.82% |
| 2021 | -3.06% | -0.15% | 4.45% | 4.48% | 1.52% | -0.59% | 3.24% | 1.63% | -4.20% | 5.12% | -2.58% | 7.01% | 17.43% | 64.06% |
| 2020 | 1.25% | -5.22% | -7.02% | 6.21% | 4.06% | -1.29% | 4.88% | 2.57% | -1.91% | -2.73% | 6.12% | 2.51% | 8.68% | 39.71% |
| 2019 | 0.15% | 2.82% | 2.05% | 0.95% | 1.23% | 3.12% | -0.44% | 2.24% | 0.52% | -1.21% | -1.93% | 0.28% | 10.09% | 28.55% |
| 2018 | 0.38% | -8.36% | 0.20% | 0.64% | 0.08% | -0.34% | 2.26% | 2.64% | 2.35% | -2.71% | 3.28% | -3.51% | -3.64% | 16.77% |
| 2017 | 0.88% | 0.75% | 0.38% | 0.80% | 1.95% | -0.33% | 0.63% | 0.35% | 0.49% | -0.52% | 1.90% | -0.30% | 7.18% | 21.18% |
| 2016 | -1.57% | -0.26% | 4.87% | -0.36% | 1.91% | 0.71% | 1.56% | -1.88% | 0.25% | -1.52% | 0.77% | 3.38% | 7.91% | 13.06% |
| 2015 |  |  |  | 0.65% | -0.44% | 0.95% | 2.15% | -3.86% | -2.05% | 5.41% | 1.93% | 0.22% | 4.77% | 4.77% |

GMP - QUANTIS LOW VOLATILITY - INFORMATIONS GÉNÉRALES
| Ombrelle	Global Managers Platform (SICAV UCITS V)	Gérant du fonds	Active Niche Funds SA Domicile	 Luxembourg	Conseiller	 Quantis Asset Management Devises	USD / CHF (hedgé) / EUR (hedgé)	 ManCo	 Linkfundsolutions Date de lancement	23 mars 2015	Banque dépositaire	ING Luxembourg Cut-off	16h00 CET	Administrative & Transfer Agent	CACEIS Calcul de la VNI	Quotidien	Auditeur	Deloitte Actifs sous gestion	USD 17.8 M	 Frais de souscription	Maximum 3% Frais à la performance	20% (HWM mensuel + 3% Hurdle Rate)	Frais de vente	Aucun |
| --- |
| Classes C  Frais de gestion 1.60%  Investissement minimum 3'000 ISIN C USD : LU1196384371 (N° de valeur : 27420459) - ISIN C CHF : LU1196384611 (N° de valeur : 27425280) - ISIN C EUR : LU1439950202 (N° de valeur : 33256519) |
| Classes I  Frais de gestion 0.95%  Investissement minimum 1'000'000 ISIN I USD : LU1439950384 - ISIN I CHF : LU1439950467 - ISIN I EUR : LU1439950541 |

Émis par Active Niche Funds S.A. (ANF), Avenue de la Gare 1, 1003 Lausanne, Suisse. ANF est agréée et réglementée par la FINMA. Ce document est un support marketing destiné uniquement au «client professionnel». Toute référence à des titres, secteurs ou marchés spécifiques dans le présent document ne constitue pas un conseil en investissement, une recommandation ou une offre d'achat ou de vente de titres ou de fonds, et n'est pas destinée à remplacer les documents d'offre ou le prospectus du Fonds. Ce matériel ne peut être distribué, publié ou reproduit en tout ou en partie. ANF peut mettre fin à la commercialisation à tout moment. Tous les investissements financiers comportent un élément de risque. Par conséquent, la valeur de votre investissement variera et ne peut être garanti. Les données de performance indiquées ne tiennent pas compte des commissions et frais encourus lors de l'émission et du rachat de parts. Les performances passées ne préjugent ni ne garantissent les performances futures. Les investisseurs doivent comprendre toutes les caractéristiques de l'objectif du Fonds avant d'investir. Le Prospectus, les rapports financiers et les Documents d'informations clés qui sont disponibles dans les juridictions enregistrées dans leur langue locale respective, peuvent être consultés sur www.fundinfo.com. Quantis Low Volatility Fund est domicilié au Luxembourg. Waystone Fund Services (Switzerland) SA, Av. Villamont 17, 1005 Lausanne, Suisse, téléphone: +41213111777. Internet: www.waystone.com est le Représentant suisse du Fonds auprès duquel les documents juridiques sont aussi disponibles. L'Agent payeur suisse du Fonds est la Banque Cantonale de Genève, 17, quai de l’Ile, CH-1204 Genève, Suisse. Les cours actuels des actions sont disponibles sur www.fundinfo.com. Pour plus d'informations sur les droits des investisseurs: www.activenf.ch/investor-rights.
Les performances passées ne donnent aucune garantie quant aux performances futures