LH GLOBAL DEFENSE FUND - Accumulation

Inception Date

March 8, 2026

Benchmark

70% of the performance of the Global X Defense Tech ETF; 15% of the performance of the Europe Aerospace & Defense ETF; and 15% of the performance of the Korea Defense ETF. The performance of each benchmark component referred to in items (1)–(3) above will be: 80% adjusted for foreign exchange hedging costs; and 20% adjusted based on the prevailing foreign exchange rate, for the purpose of calculating returns in Thai Baht (THB) as of the performance calculation date.

Fund Size

108 M

Fund Manager

Ponlasin Kijmuntarvorn Pornphen Chuleeprasert

FX Hedging

No

Dividend Policy

None

Investment Policy

The Fund will invest in or hold units of foreign collective investment schemes (CIS) and/or foreign exchange-traded funds (ETFs) with investment policies focused on equities (the “Underlying Funds”). The Fund will maintain an average annual net exposure of no less than 80% of its Net Asset Value (NAV) in equity securities. The Fund will invest in at least two Underlying Funds, with such investments averaging no less than 80% of the Fund’s NAV over an accounting year. The Underlying Funds invest primarily in equities of companies that operate in, or benefit from, the defense technology (“Defense Tech”) sector, including businesses with strong growth potential that are expected to benefit from advancements in technology, services, systems, and hardware related to defense and military applications. The Fund will not invest, on average during an accounting year, more than 79% of its NAV in any single Underlying Fund. As the Fund invests internationally, it will maintain an average annual net foreign exposure of not less than 80% of its NAV, or such other ratio as prescribed by the Securities and Exchange Commission (SEC). The allocation among foreign mutual funds and/or foreign ETFs will be determined at the discretion of the Fund Manager, who may adjust portfolio allocations in response to prevailing market conditions and investment outlooks. For the remaining portion of assets, the Fund may invest in ETFs employing leveraged or inverse strategies as portfolio management tools. The Fund may also invest in both domestic and international money market instruments, deposits, fixed-income securities, equity securities, hybrid instruments, warrants, as well as other securities and assets, or engage in other income-generating activities as permitted under the Fund’s prospectus and applicable SEC regulations. Foreign Exchange Hedging Policy The Fund may enter into derivative transactions for the purpose of hedging foreign exchange (FX) risk at the discretion of the Fund Manager. Hedging decisions will be based on prevailing financial market conditions and other relevant factors, including economic, political, monetary, and fiscal developments, with a view to assessing currency trends. If the US Dollar (USD) is expected to depreciate, the Fund Manager may implement a relatively high level of FX hedging. If the USD is expected to appreciate, the Fund Manager may choose not to hedge FX exposure or may maintain only a limited hedge. However, should the Fund Manager determine that currency hedging would not be in the best interests of unitholders or could adversely affect potential returns, the Fund may remain unhedged. Investors should note that hedging transactions may incur costs, which could reduce the Fund’s overall returns. Use of Derivatives The Fund may also use derivatives for efficient portfolio management (EPM) and/or hedging purposes, particularly where the underlying asset is an exchange rate. Such transactions may be undertaken to enhance returns, reduce portfolio expenses, or comply with SEC regulations. The underlying asset of derivative contracts entered into by the Fund will primarily be foreign exchange rates. If events affecting the derivative contract occur, or if a counterparty fails to fulfill its obligations, the Fund may receive lower-than-expected returns or incur losses. To mitigate these risks, the Management Company will conduct ongoing analysis of factors affecting underlying asset prices and assess the creditworthiness of counterparties before and after entering into transactions. The Fund will primarily transact with counterparties holding investment-grade credit ratings. Investments in Affiliated Funds The Fund may invest up to 20% of its NAV in mutual funds managed by the same asset management company, provided such investments comply with the Fund’s investment policy and SEC regulations. In addition: Underlying Funds may not invest back into the Fund (no circular investment). Underlying Funds may further invest in another fund managed by the same asset manager for no more than one additional layer. Voting rights relating to such affiliated fund investments will be exercised in accordance with SEC regulations, and the investing Fund may not direct voting decisions of the Underlying Fund. Other Permitted Investments The Fund may also invest in: Structured Notes; Non-investment-grade debt securities; Unrated debt securities; Unlisted securities; Securities lending transactions; Reverse repurchase agreements (Reverse Repos); and Other assets or income-generating arrangements permitted under applicable regulations. Future Fund Structure Flexibility The Management Company reserves the right to change the Fund’s structure in the future from a Fund of Funds to a Feeder Fund or a directly invested fund, and vice versa, provided that such changes do not increase the Fund’s risk spectrum. Any such decision will be made at the discretion of the Fund Manager, based on market conditions and in the best interests of unitholders. The Management Company will provide at least 30 days’ prior notice to investors through its website and, where applicable, through the websites of appointed selling agents or distributors before implementing any such change.Provide your feedback on BizChat