LongRun Equity Fund – EUR KEY FEATURES Long-term, fundamental equity strategy, using a corporate investing approach to understand, value and select companies. Fundamental unconstrained equities ▪

COUNTRYOFREGISTRATION FR AT CH DE ES LU ANNUALISEDPERFORMANCE(%) ISIN Net Asset Value AuM LU1302866741 2292,32 € 590,78 M€ Thecompany'sinvestmentobjectiveisto achievelong-termcapital

Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852

COUNTRYOFREGISTRATION FR AT BE CH DE ES IT LU NL ANNUALISEDPERFORMANCE(%) ISIN Net Asset Value AuM FR0011847409 2769,32 € 10439,14 M€ TheobjectiveofR-coValoristoseekperformance,

Pre-contractual disclosure for the financial products referred to in Article 8, paragraphs 1, 2 and 2a, of Regulation (EU) 2019/2088 and Article 6, first paragraph, of Regulation (EU) 2020/852

OBJETIVO El objetivo del fondo es generar crecimiento del capital a lo largo del tiempo, manteniendo al mismo tiempo una amplia diversificación a través de valores líquidos. CARACTERÍSTICAS

LongRun Equity Fund – EUR KEY FEATURES Long-term, fundamental equity strategy, using a corporate investing approach to understand, value and select companies. Fundamental unconstrained equities ●

LongRun Equity Fund – USD KEY FEATURES Long-term, fundamental equity strategy, using a corporate investing approach to understand, value and select companies. Fundamental unconstrained equities ●

03 STRATEGY & CIO The key questions for 2023 09 INTERVIEW: TEL AVIV CALLING! A conversation with the Head of our new Israel office 06 PORTFOLIO MANAGEMENT How portfolios managed a challenging

Serious, not hopeless MARKET PERSPECTIVE I AUGUST 2024 We doubt whether the recent sell-off in stocks, and the latest geopolitical news, reflects a significant change in the investment outlook. The