Lyrical Value Funds (Lux) - U.S. Value Equity Strategy Sub-Fund - I GBP ACC Fonds

The objective of the Sub-Fund is to seek long-term capital growth while reducing the risk of capital loss. The Sub-Fund seeks to achieve this objective through the acquisition of financial instruments at market value substantially below their intrinsic value. For this, the Sub-Fund shall invest principally in US corporate shares. However, the investments shall not be subject to any geographical, sectorial or monetary limitation. The portfolio shall typically be composed of 30 to 40 different securities. The Sub-Fund may hold cash and cash equivalents on an ancillary basis. The Investment Manager believes that a value-based approach is best suited to achieving the Sub-Fund's investment objective, to achieve this the Investment Manager maintains a proprietary stock selection model.