MontLake UCITS Platform ICAV - Sigma Convertible Arbitrage UCITS Fund - EI EUR ACC Fonds

The Sub-Fund's investment objective is to provide a positive absolute return. The Sub-Fund seeks to achieve its investment objective, through investment on a long or short basis, in Fixed Income Securities and indices. The FDI in which the Sub-Fund may invest may be either OTC FDI or will be listed or traded on a Recognised Market. The Sub-Fund may gain exposure to bonds issued by corporate entities or issued or guaranteed by governments or supranational entities which may be fixed or floating rate, rated or unrated and if rated, may be rated investment grade or below by a Recognised Rating Agency. The bonds which Sub-Fund may gain exposure to include convertible bonds, which are debt instruments issued by companies that may be converted into a predetermined number of ordinary shares of the issuing company, usually at the discretion of the holder and subject to the terms and conditions set out at issuance. The Sub-Fund's exposure to contingent convertible capital securities will not exceed in aggregate 20% of its net assets. The Sub-Fund may also gain exposure directly or through the use of FDIs to mortgage-backed securities (agency fixed-rate) or to-beannounced securities (known as 'TBAs'). The Sub-Fund's exposure to mortgage-backed securities and TBAs will not exceed in aggregate 10% of its net assets.