LCF Edmond de Rothschild Prifund* is a Luxembourg-incorporated Sicav comprising a number of subfunds. The LCF Rothschild Group manages all these subfunds, either by investing directly on markets itself or by selecting highly skilled external money managers who use a wide variety of investment techniques.

The range of subfunds includes not only long-only management of equities, bonds and money-market placements, but also alternative (hedge-fund) strategies like arbitrage, long/short equities, trading and diversified management on all financial markets. The strategy and global subfunds rely on fundamental analysis, while the QUAM subfund has a quantitative approach. Hence, all the subfunds taken together can provide global and well-diversified asset allocation. This makes it possible to protect capital when market conditions deteriorate, even while generating long-term capital appreciation.
 

The 3 managers

* LCF Edmond de Rothschild Prifund ("PRIFUND") is an Undertaking for Collective Investment with multiple sub-funds, incorporated under the laws of the Grand Duchy of Luxembourg. Its alternatively managed sub-funds with "α" or "alpha" in their name involve special risks arising from their stakes in investment vehicles that use alternative management methods and/or invest in transferable securities related to the real estate sector. The nature and degree of the risks inherent to such sub-funds' investments are not comparable to those typically encountered in an investment in transferable securities issued by companies listed on the world's major stock exchanges. No assurance can be given as to the achievement of such sub-funds' investment objectives. Return on investment in such sub-funds may substantially vary over time and investors may lose all or part of their holdings in them. Such holdings are not intended as a complete investment program for all categories of investors. Would-be investors are advised to examine carefully whether an investment in such sub-funds is appropriate for them, in light of their personal situation (see "Considerations on risks for "α" alternative management sub-funds" in chapter 31.3 of the Prospectus and "Considerations on risks for "α" sub-funds which invest in transferable securities related to the real estate sector" in chapter 31.7 of the Prospectus). LCF Edmond de Rothschild Prifund's Board of Directors shall nevertheless make its best efforts to monitor risks by using a procedure of due diligence to select the investments included in such sub-funds (see "Due Diligence Procedure" in chapter 31.4 of the Prospectus). In order to facilitate the investor's analysis, the specific applicable provisions and the Data Sheets for "special risk" sub-funds are contained in chapters 31 and 32 of the Prospectus.

Subscription to LCF Edmond de Rothschild Prifund shares shall be valid only if they are made on the basis of the information contained in the Prospectus in force at the time of the subscription, accompanied by a copy of the latest semi-annual report if published after the last annual report. No person is authorized to refer to any information other than that contained in the Prospectus or in the documents mentioned in the Prospectus, all of which can be consulted by the general public.