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      • lombardodier.com
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      • investment funds.
      • Multi-Asset.
      • LO Funds - All Roads Enhanced, (EUR) M A

      LO Funds
      All Roads Enhanced

      (EUR) M A
        ISINLU2915425495

        LO Funds - All Roads Enhanced, (EUR) M A

        ISINLU2915425495
        funds listsustainability report

        General information

        Asset ClassMulti-Asset
        CategoryGrowth Profile
        StrategyRisk-Based
        Fund base currencyEUR
        Share Class reference currencyEUR
        Dividend Policyaccumulated
        Total Assets (all classes) in mnEUR 89.0230.04.2025
        Assets (share class) in mnEUR 0.8830.04.2025
        Number of positions--
        TER--

        Documents

        Key Information Document
        English (pdf)
          Prospectus
          English (pdf)
            Fact Sheet (marketing document)
            English (pdf)

              Risk rating

              Lower riskHigher risk
              1
              1
              2
              2
              3
              3
              4
              4
              5
              5
              6
              6
              7
              7
              Typically lower rewardTypically higher reward
              Past performance is not a guarantee of future results. If the funds are denominated in a currency other than that in which the majority of the investor's assets are held, the investor should be aware that changes in rates of exchange may affect the value of the funds' underlying assets. The portfolio risk management process includes an effort to monitor and manage risk, but does not imply low risk.
              • Performance & Statistics
              • Highlights
              • Breakdowns
              • Managers
              • Legal information
              • Dealing
              • Security Numbers
              • Prices
              • Documents

              Performance & Statistics

              Rolling 12 months Performance (%)Cumulative performance (%)Annualised performance (%)
              Loading...
              As of 
              Share Class (Net)
              Benchmark
              Sorry, we could not retrieve the data for this share class.
              Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
              Loading...
              As of 
              Share Class (Net)
              Benchmark
              Sorry, we could not retrieve the data for this share class.
              Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
              Loading...
              As of 
              Share Class (Net)
              Benchmark
              Sorry, we could not retrieve the data for this share class.
              Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.

              Key risks

              The following risks may be materially relevant

              but may not always be adequately captured by the synthetic risk indicator and may cause additional loss:


               
              Counterparty risk: When a fund is backed by a guarantee from a third party, or where its investment exposure is obtained to a material degree through one or more contracts with a counterparty, there could be a material risk that the counterparty to the transactions will fail to honor its contractual obligations. This may result in a financial loss to the Fund.
               
              Risks linked to the use of derivatives and financial techniques: Derivatives and other financial techniques used substantially to obtain, increase or reduce exposure to assets may be difficult to value, may generate leverage, and may not yield the anticipated results. All of this could be detrimental to fund performance.
               
              Model Risk: Models may be misspecified, badly implemented or may become inoperative when significant changes take place in the financial markets or in the organization. Such a model could unduly influence portfolio management and expose to losses.
               

               

              Highlights

              LO Funds – All Roads Enhanced is a long-only multi-asset risk-based strategy launched in December 2024. The Fund invests in various traditional risk premia such as equities, sovereign and corporate credit (in both DMs and EMs) and commodities. The strategy further diversifies the portfolio with tactical overlays, both market-based and macro-based, in a systematic and transparent manner. The Fund seeks to generate steady performance over market cycles, and aims to offer higher risk-adjusted returns while controlling risk. The Fund’s investment approach applies a systematic, liquid and transparent risk-based allocation methodology. This is complemented by a separate risk budgeting approach based on dynamic drawdown management that aims to limit drawdowns within the pre-defined limit.

              Breakdowns

              March 2025

                Portfolio Breakdown (in %)

                Fixed Income - Sovereign0.00% 100.66%
                Fixed Income - Developed CDS0.00% 30.96%
                Volatility0.00% 30.96%
                Equities - Developed Markets0.00% 28.00%
                Inflation0.00% 26.55%
                Commodities0.00% 26.10%
                Fixed Income - Emerging CDS0.00% 20.52%
                Equities - Emerging Markets0.00% 12.40%
                Non Euro Exposure of Total Portfolio0.00% 2.40%

                Risk Contribution (in %)

                Fixed Income - Sovereign0.00% 11.70%
                Fixed Income - Developed CDS0.00% 11.46%
                Fixed Income - Emerging CDS0.00% 2.63%
                Equities - Developed Markets0.00% 29.97%
                Equities - Emerging Markets0.00% 14.87%
                Inflation0.00% 5.36%
                Commodities0.00% 24.01%

                Perf. Contrib. 1M (in %, gross of fees)

                Fixed Income - Sovereign0.00% -1.95%
                Fixed Income - Developed CDS0.00% -0.66%
                Fixed Income - Emerging CDS0.00% -0.07%
                Equities - Developed Markets0.00% -1.08%
                Equities - Emerging Markets0.00% -0.09%
                Inflation0.00% 0.08%
                Commodities0.00% 1.07%
                Volatility0.00% -0.02%
                FX0.00% -1.03%
                Others0.00% 0.95%

                Managers

                Aurèle Storno, CFAInvestment Management (Multi Asset)
                Read more
                Aurèle is head of the Asset Allocation team and the lead portfolio manager of LO Funds–All Roads. He is also the CIO of the Lombard Odier Pension Fund, pioneer of our risk-based philosophy since October 2009. Aurèle’s service with the firm dates back to August 2001, initially with the fund research unit, analysing both traditional long-only funds and hedge funds. He joined the centralised portfolio management unit for private clients in 2004. In 2006, he started managing pension fund mandates on the institutional global balanced desk, which he has been heading up since 2008. Aurèle earned a master’s degree in engineering from the Swiss Federal Institute of Technology, Lausanne (EPFL) in 1999 and is a CFA Charterholder.
                Alain Forclaz, Ph.D.Investment Management (Multi Asset)
                Read more
                Alain is Deputy CIO in LOIM’s Multi-Asset Group, supporting Aurèle Storno in the day-to-day supervision of team and portfolio management activities. He also leads investor relations for the group. Prior to joining Lombard Odier in 2016, Alain founded Kereon Capital, where he managed a systematic global macro strategy. Prior to that, he spent over ten years in the City of London. From 2007-2012 Alain was a Director at Royal Bank of Scotland, structuring, executing and risk managing a wide range of fixed income derivative solutions for institutional clients. Prior to that he was a Vice President on the structured credit desk at Credit Suisse First Boston. He started his career as a structured finance analyst with Moody’s Investors Service in 2002. Alain earned a master’s degree in mathematics from the Swiss Federal Institute of Technology, Lausanne (EPFL) and a PhD in mathematical sciences from Oxford University.

                Legal information

                General information

                DomicileLuxembourg
                Legal FormSICAV
                Regulatory StatusUCITS
                Registered inAT, BE, CH, DE, ES, FR, GB, LI, LU, NL, SE
                Class launch date21.01.2025
                Close of financial year30 September
                Dividend Policyaccumulated

                Fiscal Information

                DE Investmentsteuergesetz (InvStG)Other Funds
                AT Investmentfondsgesetz (InvFG)Declared Fund
                UK Reporting StatusNo

                Management Company & Agents

                Management CompanyLombard Odier Funds (Europe) S.A.
                CustodianCACEIS Bank, Luxembourg Branch
                AuditorPricewaterhouseCoopers
                Portfolio valuationCACEIS Bank, Luxembourg Branch

                Dealing

                Dealing

                Subscriptions and redemptions frequency daily
                Subscriptions and redemptions cut-off dayT-1
                Subscriptions and redemptions cut-off time15:00 CET
                Subscriptions and redemptions settlement dateT+2
                NAV valuation pointT
                NAV calculation dayT+1
                NAV calculation frequencydaily
                Minimum InvestmentEUR 3'000
                Management Fee1.10%
                Distribution Fee0.00%

                Security Numbers

                BLOOMBERGLOALEMA LX
                ISINLU2915425495
                SEDOLBT8R0Z0
                TELEKURS138918273

                Prices

                Since launch
                • 1 month
                • 3 months
                • 2025 YTD
                • Since launch
                • Custom
                Export

                Prices over selected period

                LastEUR0.009.7413.05.2025
                FirstEUR0.0010.0019.12.2024
                HighestEUR0.0010.4714.02.2025
                LowestEUR0.009.2808.04.2025
                * Earliest Date: 19.12.2024, Latest date: 13.05.2025

                Documents

                Annexe

                Index Rule Book: LOIM Commodity 2x Index
                02.01.2025
                English (pdf)
                  Index Rule Book: LOIM Leveraged Commodity Backwardation Index
                  22.03.2021
                  English (pdf)

                    Reporting

                    Fact Sheet (marketing document)
                    30.04.2025
                    English (pdf)
                      Performance Review
                      31.03.2025
                      English (pdf)

                        Legal Documents

                        Notice to Shareholders
                        17.04.2025
                        Français (pdf)
                          19.07.2024
                          Français (pdf)
                            17.05.2024
                            Français (pdf)
                              24.01.2024
                              Français (pdf)
                                Key Information Document
                                27.02.2025
                                English (pdf)
                                  Annual Report
                                  30.09.2024
                                  English (pdf)
                                    Prospectus
                                    19.08.2024
                                    English (pdf)
                                      Semi-Annual Report
                                      31.03.2024
                                      English (pdf)
                                        Articles of incorporation
                                        21.03.2019
                                        English (pdf)
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