This marketing material is issued by Lombard Odier Funds (Europe) S.A. a Luxembourg based public limited company (SA), having its registered office at 291, route d’Arlon, 1150 Luxembourg, authorised and regulated by the CSSF as a Management Company within the meaning of EU Directive 2009/65/EC, as amended; and within the meaning of the EU Directive 2011/61/EU on Alternative Investment Fund Managers (AIFMD). The purpose of the Management Company is the creation, promotion, administration, management and the marketing of Luxembourg and foreign UCITS, alternative investment funds ("AIFs") and other regulated funds, collective investment vehicles or other investment vehicles, as well as the offering of portfolio management and investment advisory services. The prospective investment manager of the potential investment product outlined herein is Lombard Odier Asset Management (USA) Corp, an investment advisor registered with the US Securities and Exchange Commission. This material is not, nor is it intended to be, marketing material or advertising within the meaning of the Investment Advisers Act of 1940, the rules and guidance of the Securities and Exchange Commission (“SEC”) or the Conduct Rules of the Financial Industry Regulatory Authority (“FINRA”), (iii) is for informational use only by the receiving party for general information purposes only in relation to overall market views.
Lombard Odier Investment Managers (“LOIM”) is a trade name.
This material is provided for informational purposes only and does not constitute an offer or a recommendation to purchase or sell any security or service. It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful. This document does not contain personalized recommendations or advice and is not intended to substitute any professional advice on investment in financial products. Before entering into any transaction, an investor should consider carefully the suitability of a transaction to his/her particular circumstances and, where necessary, obtain independent professional advice in respect of risks, as well as any legal, regulatory, credit, tax, and accounting consequences. This material is the property of LOIM and is addressed to its recipients exclusively for their personal use. It may not be reproduced (in whole or in part), transmitted, modified, or used for any other purpose without the prior written permission of LOIM. The contents of this document are intended for persons who are sophisticated investment professionals and who are either authorised or regulated to operate in the financial markets or persons who have been vetted by LOIM as having the expertise, experience and knowledge of the investment matters set out in this document and in respect of whom LOIM has received an assurance that they are capable of making their own investment decisions and understanding the risks involved in making investments of the type included in this document or other persons that LOIM has expressly confirmed as being appropriate recipients of this document. If you are not a person falling within the above categories you are kindly asked to either return this document to LOIM or to destroy it and are expressly warned that you must not rely upon its contents or have regard to any of the matters set out in this document in relation to investment matters and must not transmit this document to any other person. This document contains the opinions of LOIM, as at the date of issue. The information and analysis contained herein are based on sources believed to be reliable. However, LOIM does not guarantee the timeliness, accuracy, or completeness of the information contained in this document, nor does it accept any liability for any loss or damage resulting from its use. All information and opinions as well as the prices indicated may change without notice.
This material is intended to outline a strategy which may in the future form the basis of an investment product. The terms of any such product are not finalised and may be subject to change and may differ substantially from the terms set out in this document. Moreover, there is no guarantee that any such product will be created or launched.
Investing in private credit strategies can involve a high degree of risk. Amongst other things, the viability of private credit investments depends upon the ability of borrowers to repay loans together with interest. Adverse changes to the financial position of a borrower or to the economies in which a borrower may sit may impair the ability of a borrower to pay back some or all of monies borrowed, which could ultimately lead to loses for investors, including in certain circumstances, a loss of the total amounts invested.
Target performance/risk represents a portfolio construction goal based on current interest rate projections, the floating rate may go up or down. It does not represent past performance/risk and may not be representative of actual future performance/risk. Capital protection/Capital preservation represents a portfolio construction goal and cannot be guaranteed.
Important information on ESG results
While any results presented are based on certain assumptions that are believed to reflect actual circumstances, these assumptions may not include all of the variables that may affect, or have affected in the past, the ratings calculations.
The following factors are taken into account in the calculation of the ratings:
1. The ESG team uses data issued from a recognised third party provider to establish the severity level of corporate controversies
2. LOIM has developed its own business rating methodology that integrates data from multiple sources. The scores thus obtained are updated on a weekly basis and represent an assessment of the Environmental, Social and Governance quality of a company. These grades were designed by LOIM's ESG experts and take into account the most relevant extra-financial dimensions applicable to each company’s activity.
Although certain information has been obtained from public sources believed to be reliable, without independent verification, we cannot guarantee its accuracy or the completeness of all information available from public sources.
Views and opinions expressed are for informational purposes only and do not constitute a recommendation by LOIM to buy, sell or hold any security. Views and opinions are current as of the date of this presentation and may be subject to change. They should not be construed as investment advice.
LOIM does not provide accounting, tax or legal advice.
For more information on Lombard Odier’s data protection policy, please refer to www.lombardodier.com/privacy-policy
No part of this material may be (i) copied, photocopied or duplicated in any form, by any means, or (ii) distributed to any person that is not an employee, officer, director, or authorised agent of the recipient, without Lombard Odier Funds (Europe) S.A. prior consent. In Luxembourg, this material is a marketing material and has been approved by Lombard Odier Funds (Europe) S.A. which is authorized and regulated by the CSSF.
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