LH ESPORTS FUND - Accumulation

Inception Date

October 28, 2020

Benchmark

100% of the performance of the Master Fund, adjusted as follows: 80% of the Master Fund’s performance, adjusted for the cost of foreign exchange hedging; and 20% of the Master Fund’s performance, adjusted for the prevailing foreign exchange rate to reflect returns in Thai Baht (THB) as of the return calculation date.

Fund Size

151 M

Fund Manager

Ponlasin Kijmuntarvorn Pornphen Chuleeprasert

FX Hedging

No

Dividend Policy

No

Investment Objective

The Fund has a policy to invest in units of a foreign mutual fund (the “Master Fund”) that focuses on investing in companies engaged in the video gaming and/or eSports industries, and/or companies involved in the development of video games, software, and related computer hardware. The Fund will invest, on average over an accounting year, not less than 80% of its Net Asset Value (NAV) in the Master Fund. The LH eSports Fund will invest in units of the VanEck Vectors Video Gaming and eSports ETF (the “Master Fund”), which is denominated in U.S. Dollars (USD) and listed on the NASDAQ Stock Market. The Master Fund is domiciled in the United States of America (USA) and is managed by VanEck. The Fund seeks to provide investors with exposure to companies operating in the global video gaming and eSports ecosystem, including game developers, publishers, hardware manufacturers, and related technology providers.

Investment Policy

The Fund has a policy to invest in units of a foreign collective investment scheme (the “Master Fund”) that focuses on investing in companies engaged in the video gaming and/or eSports industries, and/or companies involved in the development of video games, software, and related computer hardware. The Fund will invest, on average over an accounting year, not less than 80% of its Net Asset Value (NAV) in the Master Fund. The LH eSports Fund will invest in units of the VanEck Vectors Video Gaming and eSports ETF (the “Master Fund”), which is denominated in U.S. Dollars (USD) and listed on the NASDAQ Stock Market. The Master Fund is domiciled in the United States of America (USA) and managed by VanEck. The Master Fund seeks to invest at least 80% of its total assets in securities that comprise the MVIS? Global Video Gaming and eSports Index (MVESPOTR), a global index designed to track the performance of companies operating in the global video gaming and eSports (electronic sports) industry. The MVESPOTR Index is developed and maintained by MV Index Solutions GmbH (MVIS), a subsidiary of VanEck. The index constituents and weightings are reviewed and rebalanced on a quarterly basis. The Management Company reserves the right to change the Fund’s category and special characteristics in the future from a Feeder Fund to a Fund of Funds or a fund making direct investments in foreign securities and/or financial instruments, and vice versa, provided that such change does not increase the Fund’s investment risk spectrum. Any such change shall be subject to the Fund Manager’s discretion, taking into account prevailing market conditions and acting in the best interests of unitholders. The Management Company will provide unitholders with at least 30 days’ prior notice before implementing any such change in the Fund’s structure. Notification will be made through the Management Company’s website and the websites of appointed selling agents and/or redemption agents (if any). Further information on the Master Fund is available at: Website: https://www.vaneck.com/etf/equity/espo/documents/ Fund Management Strategy The Master Fund employs a passive investment management strategy (Index Tracking) and seeks to replicate, before fees and expenses, the performance of its underlying benchmark index. The LH eSports Fund also adopts a passive management approach, seeking to achieve investment results that closely correspond to the performance of the Master Fund (Passive Management / Index Tracking).