Odey Opportunity Fund - RP EUR DIS Fonds

The Fund will take exposures (either directly or indirectly, for example, through collective investment schemes including exchange traded Funds) to equities and equity-related securities such as warrants; fixed and/or floating rated debt securities issued or guaranteed by governments and/or supranational entities and/or corporate entities; commodities; money market instruments such as treasury bills; commercial paper; foreign currencies; and certificates of deposit. Any one asset type may account for up to 100% of the net assets of the Fund at any given time. The Fund is permitted to concentrate investments in any geographic and/or industry market sectors. The Fund may invest up to 10% of its net assets in UCITS and/or non-UCITS collective investment schemes. The Fund may hold up to 30% of its NAV in cash deposits and/or cash equivalents; in exceptional market conditions, such cash deposit and/or cash equivalents may add up to 50% of NAV.