FWU Protection Fund - Forward Lucy Global Megatrends CI-USD C/  LU2459148222  /

Maximize long-term capital growth by investing primarily in equity securities of companies that are domiciled anywhere in the world. The Sub-Fund is actively managed, in reference to the following benchmark: 100 % MSCI World Net Total Return USD Index. The majority of the Sub-Fund"s equity securities will be components of the benchmark but with different weightings to the benchmark. The Management Company uses its discretion to invest in companies not included in the benchmark in order to take advantage of specific investment opportunities. The investment strategy does not restrict the extent to which the portfolio holdings may deviate from the benchmark. Investors' attention is drawn to the fact that the Sub-Fund is actively managed and references a benchmark indicator exclusively as ex-post performance indicator including for the purpose of calculating the Annual Performance Fee. The Sub-Fund aims to achieve its objective through direct investments in equity securities traded on Regulated Markets or on markets that are regulated, operate regularly and are recognised and open to the public. The Sub-Fund may also invest in derivatives, forward currency contracts, Exchange traded Futures and may engage in plain vanilla option strategies (such as selling or buying of call options or put options), either as a hedge or for efficient portfolio management. The Sub-Fund will have recourse to securities lending for the purposes of efficient portfolio management up to a maximum of 50% of the Net Asset Value of the Sub-Fund. Under normal circumstances, it is generally expected that the principal amount of such transactions will not exceed 30% of the Net Asset Value and remain within the range of 5% to 30% of the Net Asset Value.

Maximize long-term capital growth by investing primarily in equity securities of companies that are domiciled anywhere in the world. The Sub-Fund is actively managed, in reference to the following benchmark: 100 % MSCI World Net Total Return USD Index. The majority of the Sub-Fund"s equity securities will be components of the benchmark but with different weightings to the benchmark. The Management Company uses its discretion to invest in companies not included in the benchmark in order to take advantage of specific investment opportunities. The investment strategy does not restrict the extent to which the portfolio holdings may deviate from the benchmark. Investors' attention is drawn to the fact that the Sub-Fund is actively managed and references a benchmark indicator exclusively as ex-post performance indicator including for the purpose of calculating the Annual Performance Fee.