# HIGHLIGHTS
LO Funds - Short-Term Money Market (CHF) is a conservatively managed cash management strategy. The strategy invests in high quality (at least one top short-term rating) short-term money market instruments such as commercial paper, certificates of deposit, time deposits, fixed rate bonds and floating-rate notes within strict diversification rules and maturity limits. In addition, weighted average maturity (WAM) and weighted average life (WAL) are respectively limited to 60 days and 120 days. It seeks to offer investors capital preservation, high liquidity, and returns in line with the FTSE 1 Month Swiss Franc Eurodeposit in CHF terms index. Risk management is based on a combination of guideline compliance monitoring and liquidity stress test scenarios. The approach follows the conservative European Securities and Markets Authority (ESMA) guidelines for Short-Term Money Market funds.
NET CUMULATIVE PERFORMANCE AND ANNUAL PERFORMANCE IN CHF 
Dec 31, 2016 - Oct 31, 2022
100
98
96
| Min. investment | CHF 1 million |
| --- | --- |
| Entry/Exit fees | 0.00% / 0.00% |
| Management fee | 0.05% |
| Distribution fee | 0.00% |
| FROC | 0.06% |

94
Ongoing charge (30 September 2022)	0.12%
TER max (31 March 2022)	0.11%
92
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |


## RISK AND REWARD PROFILE
2017	2018	2019	2020	2021	2022
LO Funds - Short-Term Money Market (CHF) N A	Annual or YTD performance (Fund)
FTSE 1-Month Swiss Franc Eurodeposit in CHF	Annual or YTD performance (Bench.)
Low	High
This indicator (SRRI) represents the annualized historical volatility of the Sub- Fund over a 5-year period. Where there are less than 5 years worth of data, missing returns are simulated using an appropriate benchmark. The SRRI may change over time and should not be used as an indicator of future risk or
Past performance does not predict future returns. Performances are displayed net of all costs except any entry and exit fees. Please refer to the cost section. Performance is subject to taxation which depends on the personal situation of each investor and may change in the future. Returns may increase or decrease as a result of currency fluctuations.
| NET PERFORMANCE IN CHF | Fund | Bench. |  |  | Fund | Bench. |
| --- | --- | --- | --- | --- | --- | --- |
| YTD | -0.45% | -0.43% |  |  | - | - |
| 1 month | 0.04% | 0.03% |  |  | - | - |
| 3 months | -0.01% | -0.00% |  |  | - | - |
| 1 year | -0.60% | -0.57% |  |  | - | - |
| 3 years | -2.05% | -2.16% |  |  | -0.69% | -0.72% |
| 5 years | -3.59% | -3.97% |  |  | -0.73% | -0.80% |
| 10 years | -5.47% | -7.02% |  |  | -0.56% | -0.72% |
| Total return (since 01.05.2008) | -3.90% | -5.55% |  |  | -0.27% | -0.39% |
| STATISTICS  31.10.2017 - 31.10.2022 | Fund | Bench. |  |  |  | Fund |
| Annualised volatility | 0.07% | 0.07% |  | Yield to maturity |  | 0.48% |
| Sharpe ratio | 0.79 | -0.35 |  | Number of positions |  | 32 |
| Max. drawdown | -3.63% | -3.99% |  | Non Government Bonds |  | 63.70% |
| Correlation |  | 0.804 |  | WAM (days) |  | 32 |
| Tracking error |  | 0.04% |  | WAL (days) |  | 32 |
|  |  |  |  | 30-Day Net Ann. Yield |  | 0.49% |
|  |  |  |  | Average Rating Fitch |  | F1 |

returns. Even the lowest risk classification does not imply that the Sub-Fund is risk-free or that capital is necessarily guaranteed or protected.
CODES	
Class A
ISIN	LU0995143707
Bloomberg	LOCHMIA LX
NAV	CHF 122.74

## FISCAL INFORMATION
ES - Switchable	Yes

## RATINGS
Morningstar Category	CHF Money Market
Cumulative
Annualized

Translation (ENES, 2022-10-31):
# CARACTERÍSTICAS PRINCIPALES
LO Funds - Short-Term Money Market (CHF) es una cartera de gestionada de forma conservadora. Con una estrategia de gestión de efectivo que invierte en instrumentos del mercado monetario a corto plazo de alta calidad (al menos una calificación máxima a corto plazo), como papel comercial, certificados de depósito, depósitos a plazo, bonos a tipo fijo y pagarés a tipo variable, dentro de unas normas estrictas de diversificación y límites de vencimiento. Además, el vencimiento medio ponderado (WAM) y la vida media ponderada (WAL) están limitados a 60 y 120 días respectivamente. Trata de ofrecer a los inversores la preservación del capital, liquidez elevada y rentabilidades similares a las del FTSE 1 Month Swiss Franc Eurodeposit in CHF terms. La gestión del riesgo se basa en una combinación de supervisión del cumplimiento de las directrices y escenarios de prueba de estrés de liquidez. El enfoque sigue los estándares conservadores de la Autoridad Europea de Valores y Mercados para fondos del mercado monetario a corto plazo.
RENDIMIENTO ACUMULADA Y ANUAL NETAS EN CHF 
31-dic-2016 - 31-oct-2022
100
98
96
94
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |

92
2017	2018	2019	2020	2021	2022
El SRRI representa la volatilidad histórica anualizada del Subfondo durante un periodo de 5 años. Cuando los datos disponibles corresponden a un periodo inferior a 5 años, los rendimientos que faltan se simulan utilizando un índice apropiado. El SRRI puede variar con el tiempo y no debería utilizarse como un indicador de riesgo o rentabilidad futuros. Incluso la clasificación de riesgo más
LO Funds - Short-Term Money Market (CHF) N A	Rendimiento anual o YTD (Fondo)
FTSE 1-Month Swiss Franc Eurodeposit in CHF	Rendimiento anual o YTD (Índice)
Las rentabilidades pasadas no garantizan rendimientos futuros. Los rendimientos se muestran netos de todos los costes excepto comisiones de entrada y salida. La rentabilidad está sujeta a impuestos y puede cambiar en el futuro. La rentabilidad puede aumentar o disminuir debido a las fluctuaciones de devisas.
baja no garantiza que el subfondo esté libre de riesgos o que el capital esté necesariamente protegido o garantizado.
Acumulado
Anualizado
|  | NET RENDIMIENTO EN CHF | Fondo | Índice |  | Fondo | Índice |
| --- | --- | --- | --- | --- | --- | --- |
| CÓDIGOS | Clase A | Desde comienzos de año | -0.45% | -0.43% |  | - | - |

| 1 mes | 0.04% | 0.03% |  |  | - | - |
| --- | --- | --- | --- | --- | --- | --- |
| 3 meses | -0.01% | -0.00% |  |  | - | - |

ISIN	LU0995143707
| Bloomberg | LOCHMIA LX |  | 1 año | -0.60% | -0.57% |  | - | - |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Valor liquidativo | CHF 122.74 |  | 3 años | -2.05% | -2.16% |  | -0.69% | -0.72% |
|  |  |  | 5 años | -3.59% | -3.97% |  | -0.73% | -0.80% |
| STEUERLICHE INFORMATIONEN |  |  | 10 años | -5.47% | -7.02% |  | -0.56% | -0.72% |

| Rentabilidad total (desde 01.05.2008) | -3.90% | -5.55% |  |  | -0.27% | -0.39% |
| --- | --- | --- | --- | --- | --- | --- |
| ESTADÍSTICAS  31.10.2017 - 31.10.2022 | Fondo | Índice |  |  |  | Fondo |

ES - Switchable	Sí
RATINGS
Morningstar Category	CHF Money Market
Volatilidad anualizada	0.07%	0.07%
Ratio de Sharpe	0.79	-0.35
Reducción máxima	-3.63%	-3.99%
Correlación0.804
Error de seguimiento	0.04%
Rendimiento a vencimiento	0.48% Número de posiciones32
bonos no gubernamentales	63.70% WAM (días)32
WAL (días)32
30-Day Net Annualized Yield	0.49% Average Rating Fitch		F1