TwentyFour Absolute Return Credit Fund AQNG GBP

This actively managed sub-fund aims to achieve positive returns over a period of three years, by maintaining a modest level of volatility, regardless of how the financial markets perform. The Sub-Fund invests at least 15% of its net assets in sustainable investments by investing in securities of issuers that contribute to either an environmental (climate change mitigation, climate change adaptation) or a social (empowerment) objective based on the Investment Manager's assessment. It is categorized as Article 8 SFDR. More details can be found in the prospectus. 4 The sub-fund invests at least two-thirds of its assets in fixed-income securities from companies with an investment grade rating. Up to 20% may be invested in asset-backed securities and up to 20% in contingent convertible bonds (CoCo-Bonds). In adverse market conditions the sub-fund may hold up to 100% in securities issued or guaranteed by public, semi-public or supranational institutions along with money market instruments or cash. 4 The sub-fund invests globally, with a focus on Europe. 4 Up to 33% of the Sub-Fund's assets may be invested outside of the aforementioned investment universe, in particular in fixed-income securities issued or guaranteed by government, government-related and supra-national issuers or in high yield bonds. It may also hold up to 20% of its net assets in bank deposits at sight. 4 The sub-fund may use derivatives to achieve the investment objective and for hedging purposes. 4 The sub-fund is not managed with reference to a benchmark. The portfolio manager has full investment discretion within the predefined investment limits. 4 Income may be paid out every three months. 4 Buying and selling securities entails transaction costs payable in addition to the charges listed. 4 Redemption of shares: daily when banks in Luxembourg and in London are open for normal business (see prospectus for details and exceptions). 4 AQNG shares are reserved exclusively for specific investors and for investors who invest at least 50 million GBP. They do not grant any rebate or retrocessions. See prospectus for details.