# HIGHLIGHTS
### LO Funds - Swiss Small & Mid Caps is actively managed in reference to the SPI Extra TR ® Index (registered trademark of SIX Swiss Exchange AG).

### It invests primarily in equity securities issued by small and mid cap companies incorporated or exercising a prominent part of their business activities in Switzerland.
The investment approach is bottom-up and based on rigorous fundamental research seeking to identify leading firms with clear competitive advantages, proven management, core competencies and above average growth perspectives. The portfolio is composed of around 35 positions, well balanced between cyclical, growth and value stocks. In periods of a stagnant economic environment, the fund can rebalance a certain proportion of its investments towards larger capitalizations. Risk management is performed by fund managers at a portfolio level, alongside independent teams who manage investment risks and monitor operational risks.
NET PERFORMANCE AND ANNUAL PERFORMANCE IN CHF 

### Oct 2, 2019 - Sep 30, 2021
160 
140
120

## RISK AND REWARD PROFILE
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |

Low	High

## CODES	

### Class A	Class D
100
80
2019	2020	2021
LO Funds - Swiss Small & Mid Caps, (CHF) M A / D	Annual or YTD performance (Fund)
SPI Extra TR®	Annual or YTD performance (Bench.)

### ISIN	LU2051382856	LU2051382930

### Bloomberg	LOSMCCM LX	LOSMMCD LX

### NAV	CHF 14.04	CHF 14.04

### Value of investments is variable and can go down as well as up.
| NET PERFORMANCE IN CHF | Fund | Bench. |  |  | Fund | Bench. |
| --- | --- | --- | --- | --- | --- | --- |
| YTD | 18.16% | 17.52% |  |  | - | - |
| 1 month | -5.18% | -5.00% |  |  | - | - |
| 3 months | 0.72% | -0.40% |  |  | - | - |
| 1 year | 28.73% | 27.92% |  |  | - | - |
| Total return (since 02.10.2019) | 40.38% | 40.06% |  |  | 18.41% | 18.27% |
| STATISTICS  02.10.2019 - 30.09.2021 | Fund | Bench. |  |  |  | Fund |
| Max. drawdown | -17.76% | -18.53% |  | Number of positions |  | 35 |
| Correlation |  | 0.992 |  |  |  |  |
| Tracking error |  | 2.31% |  |  |  |  |

Cumulative
Annualized

Translation (ENFR, 2021-09-30):
# POINTS CLÉS
La philosophie d'investissement suit une approche « bottom-up » et est basée sur une recherche fondamentale rigoureuse visant à identifier les sociétés avec des avantages concurrentiels, une direction de qualité, des compétences clés et des perspectives de croissance supérieures à la moyenne. Le portefeuille est composé d'environ 35 positions; il est bien équilibré entre les titres cycliques, croissance et valeur. En période de stagnation de la conjoncture économique, le fonds peut rééquilibrer une certaine proportion de ses investissements vers des capitalisations plus importantes. 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 CHF 

### 2 oct. 2019 - 30 sept. 2021
160 
140
120
100
80
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| --- | --- | --- | --- | --- | --- | --- |


## PROFIL DE RISQUE
2019	2020	2021
LO Funds - Swiss Small & Mid Caps, (CHF) M A / D	Performance annuelle ou Année en cours (Fonds)
SPI Extra TR®	Performance annuelle ou Année en cours (Indice)

### La valeur des investissements est variable et peut diminuer aussi bien qu’augmenter.
| Faible |  | Elevé |
| --- | --- | --- |
| CODES | Classe A | Classe D |
| ISIN | LU2051382856 | LU2051382930 |
| Bloomberg | LOSMCCM LX | LOSMMCD LX |
| Valeur Liquidative | CHF 14.04 | CHF 14.04 |

Cumulée	Annualisée
| PERFORMANCE NETTE EN CHF | Fonds | Indice |  |  | Fonds | Indice |
| --- | --- | --- | --- | --- | --- | --- |
| Année en cours | 18.16% | 17.52% |  |  | - | - |
| 1 mois | -5.18% | -5.00% |  |  | - | - |
| 3 mois | 0.72% | -0.40% |  |  | - | - |
| 1 an | 28.73% | 27.92% |  |  | - | - |
| Perf. totale (depuis 02.10.2019) | 40.38% | 40.06% |  |  | 18.41% | 18.27% |
| STATISTIQUES  02.10.2019 - 30.09.2021 | Fonds | Indice |  |  |  | Fonds |
| Baisse maximum | -17.76% | -18.53% |  | Nombre de positions |  | 35 |
| Corrélation |  | 0.992 |  |  |  |  |
| Tracking Error |  | 2.31% |  |  |  |  |