providing better care at lower cost.

Digitalisation is set to transform global healthcare.

Companies looking to capitalize on the key themes of prevention, efficiency and connected care will be at the forefront of this global health care revolution.

We believe the companies embracing this digitalization trend will offer better health outcomes for patients with compelling long-term growth opportunities for investors.

sub-fund details:

Click here to see details of the sub-fund.

Quality companies benefitting from better and more affordable healthcare through digitalisation

Connected care Connecting to your physician via telehealth will become the norm just as wearing connected devices that constantly measure your vital signs.		Prevention Healthcare will refocus on prevention with the use of better and earlier diagnostics, personal medicine and lifestyle changes.

	Efficiency By embracing automation, artificial intelligence and outsourcing the healthcare system will become simpler, faster and more affordable.

The healthcare system today is expensive, hospital-centered and inefficient, weighed down by an ageing population.
Healthcare is the least digitalized sector, now ripe for a digital revolution that can lower costs and increase access for all.

Long-term megatrend investing
Our experienced team are investing in breakthrough technologies that increase life expectancy, while also advancing the UN SDG 3 goal. A high conviction, disciplined bottom-up selection of 40-60 companies we believe will stand to benefit greatly from technology efficiencies.

A digitalised and more efficient healthcare system
COVID-19 has promoted the quantum leap needed for healthcare into the 21st digital century. While support from governments & regulators will be critical in this transition, connectivity of healthcare data is a prerequisite in this transformation enabled by AI, machine learning and cloud computing. This more digitized and efficient system will result in reduced healthcare spending at an individual level and globally, more of the world’s population being able to access healthcare, leading in turn to better health outcomes for patients. Companies that aim to make healthcare cheaper and more efficient should benefit from a larger market share.

Healthcare transformation – prevention, efficiency and connected care

Prevention Healthy behaviours account for 50% of what make us healthy, yet this is only 4% of our health care spend. Companies encouraging prevention rather than cure through lifestyle changes could be at a competitive advantage. These opportunities can include DNA-based treatments and cheap early detection diagnostics such as liquid biopsies.	Efficiency Healthcare automation brings efficiency. AI driven radiology, robot surgery, automated pharmacies, real time case prioritization and triage, and personalized medications are just some of the many cost-reducing technologies being developed by leading healthcare companies.	Connected care Digital wearable devices are now putting the patient in charge, with Telehealth now set to become the efficient digital health platform. Approved by more and more governments, those companies tapping into unused capacity across primary care, mental care as well as wellness and prevention could prove compelling for investors.

	Henk Grootveld Co-Portfolio Manager
	Jerome Berton Co-Portfolio Manager
	Pascal Menges Head of Research & Investment Process
	Didier Rabattu Head of Equities, Limited Partner

investment philosophy.

A well-defined investment process

1. Initial investment universe⁴ (3000 stocks)

2. Global HealthTech universe (200 stocks)

Disciplined analysis focused on financial track record and sustainable business practices ⮟

3. Investment universe (100 stocks)

Fundamental, forward looking analysis on business models and valuation. Stewardship ⮟

High Conviction portfolio (40-60 stocks)

sub-fund details:

Click here to see details of the sub-fund.

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Sources

¹ Source: LOIM. Past performance is not a guarantee of future results. There can be no assurance that the Sub-Fund’s investment objective will be achieved or that there will be a return on capital or that a substantial loss will not be incurred. 
² Source: UN Sustainable Development Goal 3 (or ‘UN SDG3’), aims «To ensure healthy lives and promote well-being for all at all ages.» and is one of the United Nations’ 17 Sustainable Development Goals.

important information.

Lombard Odier Funds (hereinafter the “Fund”) is a Luxembourg investment company with variable capital (SICAV). The Fund is authorised and regulated by the Luxembourg Supervisory Authority of the Financial Sector (CSSF) as an Undertaking for Collective Investments in Transferable Securities UCITS under Part I of the Luxembourg law of the 17 December 2010 implementing the European directive 2009/65/EC, as amended (“UCITS Directive”). This marketing document relates to “LO Funds – Global HealthTech,” a Sub-Fund of Lombard Odier Funds (hereinafter the “Sub-Fund”). The Management Company of the Fund is Lombard Odier Funds (Europe) S.A. (hereinafter the “Management Company”), a Luxembourg based public limited company (SA), having its registered office at 291, route d’Arlon, 1150 Luxem-bourg, Grand Duchy of 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 oering of portfolio management and investment advisory services. This marketing communication was prepared by Lombard Odier Asset Management (Europe) Limited. The prospectus, the articles of incorporation, the Key Investor Information Documents, the subscription form and the most recent annual and semi-annual reports are the only official offering documents of the Sub-Fund’s shares (the “Offering Documents”). The Offering Documents are available in English, French, German and Italian at www.loim.com and can be requested free of charge at the registered office of the Sub-Fund in Luxembourg: 291  route d’Arlon, 1150 Luxembourg, Grand Duchy of Luxembourg. The information contained in this marketing communication does not take into account any individual’s specific circumstances, objectives or needs and does not constitute research or that any investment strategy is suitable or appropriate to individual circumstances or that any investment or strategy constitutes a personal investment advice to any investor. This marketing communication is not intended to substitute any professional advice on investment in financial products. Before making an investment in the Sub-Fund, an investor should read the entire Offering Documents, and in particular the risk factors pertaining to an investment in the Sub-Fund. We would like to draw the investor’s attention toward the longterm nature of delivering returns across the economic cycle and the use of financial derivative instruments as part of the investment strategy may result in a higher level of leverage and increase the overall risk exposure of the Sub-Fund and the volatility of its Net Asset Value. Investors should take care to assess the suitability of such investment to his/her particular risk profile and circumstances and, where necessary, obtain independent professional advice in respect of risks, as well as any legal, regulatory, credit, tax, and accounting consequences. There can be no assurance that the Sub-Fund’s investment objective will be achieved or that there will be a return on capital. Past performance is not a reliable indicator of future results. 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Nevertheless, all information and opinions as well as the prices, market valuations and calculations indicated herein may change without notice. Source of the figures: Unless otherwise stated, figures are prepared by Lombard Odier Asset Management (Europe) Limited. The tax treatment depends on the individual circumstances of each client and may be subject to change in the future. Lombard Odier does not provide tax advice and it is up to each investor to consult with its own tax advisors. NOTICE TO RESIDENTS IN THE FOLLOWING COUNTRIES: Austria – Paying agent: Erste Bank der österreichischen Sparkassen AG. Belgium – Financial services provider: CACEIS Belgium S.A. The Sub-Fund is not appropriate for Belgian retail investors unless the investment subscription is more than EUR 250,000. Please contact your tax advisor to identify the iBelgian tax “TOB” (“Taxe sur les Operations Boursières”) on your transactions, as well as the impacts of the withholding tax (“Précomptes mobiliers”). 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The issue and redemption prices and / or the net asset value (with the mention “excluding commissions”) of the Share classes distributed in Switzerland: www.swissfunddata.ch and www.fundinfo.com. Bank Lombard Odier & Co Ltd is a bank and securities dealer authorised and regulated by the Swiss Financial Market Supervisory Authority (FINMA). United Kingdom – This document is a financial promotion and has been approved for the purposes of Section 21 of the Financial Services and Markets Act 2000, by Lombard Odier Asset Management (Europe) Limited. It is approved for distribution by Lombard Odier (Europe) S.A., London Branch for Retail Clients in the United Kingdom. The SubFund is a Recognised scheme in the United Kingdom under the Financial Services and Markets Act 2000. UK regulation for the protection of retail clients in the UK and the compensation available under the UK Financial Services Compensation scheme does not apply in respect of any investment or services provided by an overseas person. UK facilities agent: Lombard Odier Asset Management (Europe) Limited. Lombard Odier (Europe) S.A. UK Branch is a credit institution regulated in the UK by the Prudential Regulation Authority (PRA) and subject to limited regulation by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). Details of the extent of our authorisation and regulation by the PRA and regulation by the FCA are available from us on request. European Union Members: This marketing communication has been approved for issue by Lombard Odier (Europe) S.A. The entity is a credit institution authorised and regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. Lombard Odier (Europe) S.A. branches are operating in the following territories: Belgium: Supervisory Authority: Autorité des services et marches financiers (FSMA), Representative: CACEIS Belgium S.A.,Avenue du Port 86C, b320, 1000 Brussels; France: Lombard Odier (Europe). S.A. Succursale en France, a credit institution under limited supervision in France by the Autorité de contrôle prudentiel et de résolution (ACPR) and by the Autorité des marchés financiers(AMF) in respect of its investment services activities; Italy: Lombard Odier (Europe) S.A. Succursale in Italia, enrolled in the Milan Companies Register No. 09514880963, R.E.A. No. MI – 2095300 Regulated in Italy by the Commissione Nazionale per la Società e la Borsa (CONSOB) and la Banca d’Italia; Spain: Lombard Odier (Europe) S.A. Sucursal en España, Lombard Odier Gestión (España) S.G.I.I.C., S.A.U., credit institutions under limited supervision in Spain by the Banco de España and the Comisión Nacional del Mercado de Valores (CNMV). United States: The Fund and Sub-Fund is not registered under the “Securities Act of 1933” as amended and therefore, cannot be sold, offered or distributed to any “U.S, Person” as defined under “Regulation S”. Neither this document nor any copy thereof may be sent, taken into, or distributed in the United States or given to any US person. This marketing communication may not be reproduced (in whole or in part), transmitted, modified, or used for any public or commercial purpose without the prior written permission of Lombard Odier. © 2021 Lombard Odier Investment Managers – all rights reserved.