LH ESPORTS FUND - Dividend

Inception Date

October 28, 2020

Benchmark

100% of the Master Fund’s performance, adjusted as follows: 80% based on the Master Fund’s performance, adjusted for the cost of foreign exchange hedging; and 20% based on the Master Fund’s performance, adjusted by the prevailing foreign exchange rate for the purpose of calculating returns in Thai Baht (THB) as of the relevant valuation date.

Fund Size

68 M

Fund Manager

Ponlasin Kijmuntarvorn Pornphen Chuleeprasert

FX Hedging

No

Dividend Policy

Not exceeding 12 times per annum

Investment Objective

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 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, semiconductor companies, streaming platforms, and other related technology businesses. The Fund will maintain an investment in the Master Fund of not less than 80% of its NAV on average over an accounting year.

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 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 Master Fund seeks to invest at least 80% of its total assets in securities comprising the MVIS? Global Video Gaming and eSports Index (MVESPOTR). The index is a global benchmark designed to track the performance of companies operating in the video gaming and eSports sectors worldwide. The MVESPOTR Index is developed and maintained by MV Index Solutions GmbH (MVIS), a subsidiary of VanEck. The index constituents and their respective weightings are reviewed and rebalanced on a quarterly basis. The Management Company reserves the right to change the Fund’s structure and classification in the future from a Feeder Fund to a Fund of Funds or a fund that invests directly 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 consideration prevailing market conditions and acting in the best interests of unitholders. The Management Company will notify unitholders at least 30 days in advance prior to implementing any such change. Notification will be made through the Management Company’s website and the websites of appointed selling and/or redemption agents (if any). Further information regarding the Master Fund is available at: Website: https://www.vaneck.com/etf/equity/espo/documents/ Investment Strategy The Master Fund employs a passive investment management strategy (Index Tracking) with the objective of replicating, as closely as possible, the performance of the MVIS? Global Video Gaming and eSports Index (MVESPOTR). 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 through an Index Tracking strategy.