LH QUANTUM TECHNOLOGY FUND - Electronic channel type

Inception Date

July 29, 2025

Benchmark

The benchmark is based on the performance of the Master Fund, weighted at 100%, adjusted for foreign exchange hedging costs at 80%, and adjusted for exchange rate movements to reflect returns in Thai Baht at 20%, based on the exchange rate prevailing on the performance calculation date.

Fund Size

14 M

Fund Manager

Ponlasin Kijmuntarvorn Pornphen Chuleeprasert

FX Hedging

No

Dividend Policy

None

Investment Policy

The Fund has a policy to invest in units of an offshore mutual fund (the “Master Fund”) with an equity investment mandate. The Fund will invest, on average over an accounting year, at least 80% of its Net Asset Value (NAV) in the Master Fund. The LH Quantum Technology Fund invests in units of the Defiance Quantum ETF (the “Master Fund”), denominated in U.S. Dollars (USD) and listed exclusively on the NASDAQ Stock Market. The Master Fund is established and domiciled in the United States of America (USA) and is advised by Defiance ETFs, LLC. The Defiance Quantum ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the BlueStar Quantum Computing and Machine Learning Index (the “Reference Index”). The Index comprises equity securities of leading global companies engaged in next-generation technologies, including those in emerging markets, and is developed by BlueStar Global Investors, LLC (“BlueStar” or the “Index Provider”). The Index focuses on companies operating in sectors such as Quantum Computing Technology, Machine Learning Services, Artificial Intelligence (AI), GPU & Hardware, Big Data, and Cloud Computing. Accordingly, the Fund will maintain an average net exposure to foreign investment risk of not less than 80% of its NAV over an accounting year, or such other proportion as prescribed by the Office of the Securities and Exchange Commission (SEC). Should the Master Fund become listed on additional stock exchanges in the future, the Management Company reserves the right to change the trading venue of the Master Fund to an exchange outside the United States and/or change the principal investment currency. Such changes, including any subsequent change in the principal currency resulting from a change in trading venue, shall be deemed approved by the unitholders. In making such changes, the Management Company will act in the best interests of the Fund and will provide prior notice to investors through appropriate communication channels, including the Management Company’s offices, distributors, and relevant electronic media. The remaining assets of the Fund may be invested in domestic and foreign investments, including deposit-like instruments, bank deposits, debt securities, equity securities, hybrid securities, warrants, and other securities and/or assets, or through other means of generating returns as specified in the Fund’s prospectus and as prescribed or approved by the SEC Board or the SEC Office. The Fund may enter into financial derivative instruments (FDIs) for the purpose of hedging foreign exchange risk, at the discretion of the Fund Manager. In determining the extent of currency hedging, the Fund Manager will consider prevailing market conditions and relevant economic, political, monetary, and fiscal factors. Where the U.S. Dollar (USD) is expected to depreciate, the Fund Manager may implement a relatively high degree of foreign exchange hedging. Conversely, where the U.S. Dollar is expected to appreciate, the Fund Manager may choose not to hedge or may hedge only a limited portion of the Fund’s foreign currency exposure. However, if the Fund Manager believes that hedging would not be in the best interests of unitholders or may adversely affect potential benefits to unitholders, the Fund may remain unhedged. Investors should note that hedging transactions may incur costs that could reduce the Fund’s overall returns. In addition, the Fund may use derivatives for efficient portfolio management (EPM) and/or hedging purposes, with foreign exchange rates as the underlying assets, in order to enhance returns and/or reduce Fund expenses, subject to applicable SEC regulations. The derivatives entered into by the Fund will have foreign exchange rates as their underlying assets. Should any event adversely affect a derivative contract or should a counterparty fail to perform its obligations, the Fund may not achieve its expected returns and could incur losses. Nevertheless, the Management Company will analyze and continuously monitor factors affecting the underlying assets and assess the creditworthiness of counterparties before and throughout the life of the transaction. The Fund will primarily transact with counterparties that are rated Investment Grade. The Fund may invest up to 20% of its NAV in units of mutual funds managed by the same Management Company, provided that such investments comply with the Fund’s investment policy and applicable SEC regulations. The underlying fund may not invest back into the Fund (no circular investment), and may further invest in another fund under the same asset management company for no more than one additional layer. Voting rights relating to investments in affiliated funds shall be exercised in accordance with SEC regulations, and the feeder fund shall not direct the voting decisions of the underlying fund. Furthermore, the Fund may invest in or hold structured notes, non-investment-grade debt securities, unrated debt securities, and unlisted securities. The Fund may also engage in securities lending transactions, reverse repurchase agreements (reverse repos), and other transactions or investments as specified in the Fund’s prospectus and as prescribed or approved by the SEC Board or the SEC Office.