# Fund Risks
The value of your investment and the income from it may rise as well as fall and you may not get back the amount originally invested. Prior to
investing in the Fund investors should carefully consider the risks associated with investing, whether the Fund suits their investment requirements and whether they have sufficient resources to bear any losses which may result from an investment in the Fund. Investors
should only invest if they understand the terms on which the Fund is offered. Investors should consider the risks detailed in the risk glossary and where appropriate seek professional advice before
investing.
|  | Name |
| --- | --- |
| Benchmark | MSCI EM (USD, NDTR) |

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

Cumulative Performance
1
|  | 1 Month | 3 Months | 6 Months | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fund | 8.21% | 0.71% | 4.10% | 5.95% | 4.05% | -6.71% | 12.06% | n/a | 37.94% |
| Benchmark | 8.00% | 1.09% | 4.60% | 5.70% | 4.21% | -11.64% | 12.27% | n/a | 35.24% |

Discrete Performance
1	
Performance Statistics Since Inception
1
| Year | Nov 2022 - Nov 2023 | Nov 2021 - Nov 2022 | Nov 2020 - Nov 2021 | Nov 2019 - Nov 2020 | Nov 2018 - Nov 2019 |
| --- | --- | --- | --- | --- | --- |
| Fund | 4.05% | -16.31% | 7.14% | 18.33% | 1.51% |
| Benchmark | 4.21% | -17.43% | 2.70% | 18.43% | 7.28% |

| Annualised Return | Annualised Volatility | Sharpe Ratio4 | Correlation | Beta | Information Ratio | Tracking Error |
| --- | --- | --- | --- | --- | --- | --- |
| 4.47% | 17.48% | 0.14 | n/a | n/a | n/a | n/a |
| 4.19% | 17.22% | 0.13 | 0.98 | 0.99 | 0.07 | 3.81% |

Historical Performance
1
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Fund YTD | BM YTD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2016 | n/a | n/a | n/a | n/a | n/a | n/a | 1.46% | 3.00% | 1.00% | 1.43% | -3.25% | -0.46% | 3.09% | -0.01% |
| 2017 | 7.47% | 3.78% | 1.97% | 1.48% | 1.63% | 1.94% | 7.37% | 3.92% | 0.04% | 2.91% | -1.66% | 4.34% | 40.93% | 37.28% |
| 2018 | 8.75% | -3.93% | -1.44% | -1.71% | -2.07% | -6.41% | 1.56% | -3.58% | 0.02% | -8.43% | 1.87% | -3.59% | -18.31% | -14.57% |
| 2019 | 7.72% | -0.59% | -0.99% | 0.80% | -7.52% | 7.61% | -2.67% | -5.41% | 2.00% | 4.88% | 0.52% | 7.40% | 13.09% | 18.42% |
| 2020 | -5.65% | -4.58% | -14.12% | 8.58% | 1.00% | 7.36% | 11.72% | 3.02% | -2.71% | 1.26% | 6.74% | 7.67% | 18.62% | 18.31% |
| 2021 | 4.48% | 1.53% | 0.09% | 3.94% | 0.63% | 1.79% | -4.77% | 0.35% | -3.38% | -0.61% | -4.08% | 3.05% | 2.54% | -2.54% |
| 2022 | -1.38% | -3.42% | -1.40% | -5.22% | 0.92% | -7.77% | -0.56% | 0.31% | -11.90% | -2.25% | 14.11% | -1.80% | -20.25% | -20.09% |
| 2023 | 9.13% | -6.24% | 2.93% | -1.61% | -1.77% | 4.94% | 5.06% | -6.24% | -2.77% | -4.28% | 8.21% | n/a | 5.95% | 5.70% |

Past Performance is not indicative of future performance. Returns may increase or decrease as a result of currency
fluctuations.

Translation (ENFR, 2023-11-30):
# Risques Du Fonds
La valeur de vos investissements et les revenus qui en découlent peuvent aussi bien augmenter que diminuer et vous courez le risque de perdre le montant investi au départ. Avant d’investir dans le Fonds, il est recommandé aux investisseurs de prendre en compte les risques,
de vérifier si le Fonds correspond à leur profil d’investisseur et s’ils disposent de moyens financiers suffisants pour assumer les pertes qui pourraient être subies au titre des investissements dans le Fonds . Les investisseurs ne doivent investir que s’ils comprennent les
conditions auxquelles le Fonds est proposé. Vous trouverez plus d’informations dans les définitions des risques. Nous invitons les investisseurs à lire les documents commerciaux du fonds et à en prendre compte avant de décider d’investir.
Performance mensuelle
1
: 8.21%	Performance YTD
1 
: 5.95%
Historique De Performance (Depuis Le Lancement)
1

### Les performances passées ne préjugent pas des performances futures. Les rendements peuvent augmenter ou diminuer selon les fluctuations des taux de change.
Index Value (Rebased to 100)
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Fonds	Indice de référence
Caractéristiques Du Fonds
2
| Date de création | 03 février 2015 |
| --- | --- |
| Encours du fonds | USD 450 226 473 |
| Structure | UCITS |
| Domicile | Irlande |
| Gestionnaire d'investissements | Numeric Investors LLC |

| Gérant(s) | Ori Ben-Akiva |
| --- | --- |
|  | Mickael Nouvellon |
|  | Ziang Fang |

| Classement SFDR | Article 8 |
| --- | --- |

|  | Name |
| --- | --- |
| Indice de référence | MSCI EM (USD, NDTR) |

Summary Risk Indicator (SRI)
Risque plus faible	Risque plus important
RÉCOMPENSES ET NOTES 
3
Rendements typiquement moins élevés Rendements typiquement plus élevés
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |

Voir le glossaire pour une explication du calcul du SRRI. Veuillez vous reporter au DIC/DICI pour connaître l’indicateur de risque pertinent dans votre juridiction
Performance cumulée
1
|  | 1 mois | 3 mois | 6 mois | YTD | 1 an | 3 ans | 5 ans | 10 ans | Depuis le lancement |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Fonds | 8.21% | 0.71% | 4.10% | 5.95% | 4.05% | -6.71% | 12.06% | n/a | 37.94% |
| Indice de référence | 8.00% | 1.09% | 4.60% | 5.70% | 4.21% | -11.64% | 12.27% | n/a | 35.24% |

Performances discrètes
1	
Statistiques de performance (Depuis Le Lancement)
1
| Année | Nov 2022 - Nov 2023 | Nov 2021 - Nov 2022 | Nov 2020 - Nov 2021 | Nov 2019 - Nov 2020 | Nov 2018 - Nov 2019 |
| --- | --- | --- | --- | --- | --- |
| Fonds | 4.05% | -16.31% | 7.14% | 18.33% | 1.51% |
| Indice de référence | 4.21% | -17.43% | 2.70% | 18.43% | 7.28% |

| Rendement annualisé | Volatilité annualisée | Ratio de Sharpe4 | Corrélation | Bêta | Ratio d’informatio n | Tracking Error |
| --- | --- | --- | --- | --- | --- | --- |
| 4.47% | 17.48% | 0.14 | n/a | n/a | n/a | n/a |
| 4.19% | 17.22% | 0.13 | 0.98 | 0.99 | 0.07 | 3.81% |

Historique De Performance
1
| Année | Janv. | Févr. | Mars. | Apr | Mai | Juin | Juil. | Août | Sept. | Oct. | Nov. | Déc. | Fonds YTD | Indice YTD |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2016 | n/a | n/a | n/a | n/a | n/a | n/a | 1.46% | 3.00% | 1.00% | 1.43% | -3.25% | -0.46% | 3.09% | -0.01% |
| 2017 | 7.47% | 3.78% | 1.97% | 1.48% | 1.63% | 1.94% | 7.37% | 3.92% | 0.04% | 2.91% | -1.66% | 4.34% | 40.93% | 37.28% |
| 2018 | 8.75% | -3.93% | -1.44% | -1.71% | -2.07% | -6.41% | 1.56% | -3.58% | 0.02% | -8.43% | 1.87% | -3.59% | -18.31% | -14.57% |
| 2019 | 7.72% | -0.59% | -0.99% | 0.80% | -7.52% | 7.61% | -2.67% | -5.41% | 2.00% | 4.88% | 0.52% | 7.40% | 13.09% | 18.42% |
| 2020 | -5.65% | -4.58% | -14.12% | 8.58% | 1.00% | 7.36% | 11.72% | 3.02% | -2.71% | 1.26% | 6.74% | 7.67% | 18.62% | 18.31% |
| 2021 | 4.48% | 1.53% | 0.09% | 3.94% | 0.63% | 1.79% | -4.77% | 0.35% | -3.38% | -0.61% | -4.08% | 3.05% | 2.54% | -2.54% |
| 2022 | -1.38% | -3.42% | -1.40% | -5.22% | 0.92% | -7.77% | -0.56% | 0.31% | -11.90% | -2.25% | 14.11% | -1.80% | -20.25% | -20.09% |
| 2023 | 9.13% | -6.24% | 2.93% | -1.61% | -1.77% | 4.94% | 5.06% | -6.24% | -2.77% | -4.28% | 8.21% | n/a | 5.95% | 5.70% |

Les performances passées ne préjugent pas des performances futures. Les rendements peuvent augmenter ou diminuer selon les fluctuations des taux de change.