# HIGHLIGHTS
LO Funds - Generation Global is an actively managed UCITS portfolio. Its long-only global equity strategy has been in place since November 2007. It is managed by Generation Investment Manager and invests mainly in global equities. It seeks to outperform the MSCI World index over the long term. Generation IM’s approach focuses on long-term investment and integrates sustainability research within a rigorous fundamental equity analysis framework. Stock selection follows a three step proprietary bottom-up research process. Step 1 integrates economic, environmental, social and governance themes with broad industry trends, identifying potential investment candidates. Step 2 assesses their price and step 3 focuses on valuation, quality and conviction. The portfolio of around 30-60 high conviction stocks (mostly of mid and large caps) is diversified across countries and sectors. Risk management is performed by the fund managers at a portfolio level, while independent teams manage investment risks and monitor operational risks.
NET PERFORMANCE AND ANNUAL PERFORMANCE IN EUR 

### Dec 31, 2015 - Jun 30, 2021

### Net assets (all classes)	EUR 2.23 bn

### Liquidity (sub./red.)	Daily, 15:00

### Min. investment	EUR 3'000

### Management fee	1.10%

### Distribution fee	0.00%

### FROC	0.35%

### Performance fee	20% of the Fund's outperformance TER max (31 March 2021)	1.45%
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |


## RISK AND REWARD PROFILE
225
200
175
150
125
100
75
-4.11%	
2016	2017	2018	2019	2020	2021
LO Funds - Generation Global, (EUR) M A / D	Annual or YTD performance (Fund)
MSCI World in EUR ND	Annual or YTD performance (Bench.)
| Low |  | High |
| --- | --- | --- |
| CODES | Class A | Class D |
| ISIN | LU0866421588 | LU0866421661 |
| Bloomberg | LOGEEMA LX | LOGEEMD LX |
| NAV | EUR 48.72 | EUR 48.75 |
| RATINGS |  |  |
| Morningstar Rating |  |  |


### Value of investments is variable and can go down as well as up.
Cumulative	Annualized
| NET PERFORMANCE IN EUR | Fund | Bench. |  |  | Fund | Bench. |
| --- | --- | --- | --- | --- | --- | --- |
| YTD | 18.82% | 16.64% |  |  | - | - |
| 1 month | 4.76% | 4.64% |  |  | - | - |
| 3 months | 7.12% | 6.78% |  |  | - | - |
| 1 year | 39.89% | 31.69% |  |  | - | - |
| 3 years | 66.57% | 49.70% |  |  | 18.44% | 14.32% |
| 5 years | 130.62% | 87.03% |  |  | 18.11% | 13.28% |
| Total return (since 30.11.2007) | 386.86% | 204.88% |  |  | 12.31% | 8.52% |
| STATISTICS  30.06.2016 - 30.06.2021 | Fund | Bench. |  |  |  | Fund |
| Annualised volatility | 14.77% | 13.71% |  | Number of positions |  | 51 |
| Sharpe ratio | 1.26 | 1.00 |  |  |  |  |
| Max. drawdown | -22.09% | -19.78% |  |  |  |  |
| Correlation |  | 0.959 |  |  |  |  |
| Tracking error |  | 4.23% |  |  |  |  |

Translation (ENFR, 2021-06-30):
# POINTS CLÉS
LO Funds - Generation Global est un portefeuille « UCITS » suivant une gestion active. Sa stratégie d'investissement « long-only » en actions monde est appliquée depuis novembre 2007. Il est géré par Generation Investment Manager et investit principalement dans des actions monde. Il vise à générer une performance supérieure à l'indice « MSCI World » sur le long terme. L'approche de Generation IM met l'accent sur un investissement à long terme et intègre la notion de développement durable dans un cadre rigoureux d'analyse traditionnelle des actions. La sélection de titres repose sur un processus de recherche interne ascendant en trois étapes. La première étape associe les thèmes économiques, environnementaux, sociaux et de gouvernance aux grandes tendances sectorielles, identifiant les candidats potentiels à l’investissement. La deuxième étape évalue leur prix et la troisième l’étape se concentre sur la valorisation, la qualité et la conviction. Le portefeuille qui comprend 30 à 60 titres à forte conviction (essentiellement des moyennes et grandes capitalisation), est diversifié en termes de pays et de secteurs. La gestion du risque est assurée par les gérants au niveau du portefeuille, et des équipes indépendantes gèrent les risques d’investissement et contrôlent les risques opérationnels.
PERFORMANCE NETTE ET PERFORMANCE ANNUELLE EN EUR 

### 31 déc. 2015 - 30 juin 2021
225
200
175
150
125
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |


## PROFIL DE RISQUE
100
75
-4.11%
2016	2017	2018	2019	2020	2021
Faible	Elevé

## CODES		

### Classe A		Classe D ISIN	LU0866421588	LU0866421661
| PERFORMANCE NETTE EN EUR | Fonds | Indice |  |  | Fonds | Indice |
| --- | --- | --- | --- | --- | --- | --- |
| Année en cours | 18.82% | 16.64% |  |  | - | - |
| 1 mois | 4.76% | 4.64% |  |  | - | - |
| 3 mois | 7.12% | 6.78% |  |  | - | - |
| 1 an | 39.89% | 31.69% |  |  | - | - |
| 3 ans | 66.57% | 49.70% |  |  | 18.44% | 14.32% |
| 5 ans | 130.62% | 87.03% |  |  | 18.11% | 13.28% |
| Perf. totale (depuis 30.11.2007) | 386.86% | 204.88% |  |  | 12.31% | 8.52% |
| STATISTIQUES  30.06.2016 - 30.06.2021 | Fonds | Indice |  |  |  | Fonds |
| Volat. annualisée | 14.77% | 13.71% |  | Nombre de positions |  | 51 |
| Ratio de Sharpe | 1.26 | 1.00 |  |  |  |  |
| Baisse maximum | -22.09% | -19.78% |  |  |  |  |
| Corrélation |  | 0.959 |  |  |  |  |
| Tracking Error |  | 4.23% |  |  |  |  |


### Bloomberg	LOGEEMA LX	LOGEEMD LX
LO Funds - Generation Global, (EUR) M A / D	Performance annuelle ou Année en cours (Fonds)
MSCI World in EUR ND	Performance annuelle ou Année en cours (Indice)

### La valeur des investissements est variable et peut diminuer aussi bien qu’augmenter.

### Valeur Liquidative	EUR 48.72	EUR 48.75

## NOTATION
Cumulée
Annualisée