Pure World Equities - RD - DRAFT This information is valid at 08/09/2026

A balanced equity compartment, prudent and diversified management.

“The Pure World Equities sub-fund adopts a balanced approach to international equities and provides investors with access to all geographic areas and all sectors of the equity markets. Its management is considered prudent and diversified, with an emphasis on active risk in order to achieve the best return/risk ratio relative to the market.”

Investment objective and policy

The objective of the Sub-Fund is to achieve long term capital growth by gaining exposure to equities through its investments in a diversified portfolio of Eligible Exchange Traded Funds, UCITS and other UCIs, and in a lesser extent direct lines. The Sub-Fund will have a high level of diversification and may gain exposure to all types of equities without any restrictions in terms of market capitalization, geographical zones and sectors.

The Eligible Exchange Traded Funds and Collective Investment Schemes selected for investment will be chosen from a range of jurisdictions and will provide exposure to the above-mentioned asset class globally.

The allocation between countries and sectorial sectors will reflect the ongoing analysis of the Investment Manager (Pure Capital S.A.). The Investment Process and analyses are based on quantitative and fundamental inputs. Thus, the allocation of the portfolio between the different categories of UCITS or other UCIs but also the weighting of geographical zones, sectors, ratings and maturities may vary substantially with the time according to the Investment Manager’s discretion.

Under normal market circumstance, the Sub-Fund will be exposed at most 100% of the net asset of the sub-fund, directly or indirectly to equities and to other securities giving or capable of giving, directly or indirectly, access to capital or voting rights, traded on international markets.

The Sub-Fund may hold cash on an ancillary basis up to 20% of its net assets. This limit can be temporarily breached for a period of time strictly necessary when, because of exceptionally unfavourable market conditions, circumstances so require and where such breach is justified having regard to the interests of the investors. This limit will apply after the 6-month ramp-up period following the launch of the Sub-Fund.

The Sub-Fund may invest up to 20% of its net assets in time deposits with credit institutions, which are repayable on demand or have the right to be withdrawn, and maturing in no more than 12 (twelve) months.

The Sub-Fund will not be managed or constructed in accordance with any benchmark.

Investor profile

The compartment is intended for any investor wishing to benefit from the opportunities offered by international stock markets.

The product is compatible with clients looking for growing their capital and who wish to hold their investment over 5 years.

The Summary Risk Indicator (SRI), in accordance with the Key Information Document (PRIIPS-KID), allows the level of risk of this product to be assessed in relation to others. It indicates the likelihood of losses in the event of market movements or the sub-fund's inability to pay you. This indicator ranks the risk on a scale of 1 to 7.

The level of risk indicated is not a guarantee and may change over time. It also assumes that you keep the product for 3 years. The risk may be significantly different if you sell the product at an early stage and you may get a lower return.

Main risks

• Market risk. This is risk correlated with the market. Asset values ​​can be affected by developments in the economy as a whole, interest rates, inflation, etc. It affects virtually all financial assets to varying degrees.
• Liquidity risk. The sub-fund invests in markets that may be affected by a decline in liquidity. Such market conditions can impact the prices at which the manager buys and sells positions.
• Operational risk. This represents the risk of misconduct or error on the part of the various parties involved in the management, valuation, and/or custody of the sub-fund’s assets.
• Counterparty risk. The sub-fund may incur losses if a counterparty defaults and is unable to meet its obligations, particularly in the case of over-the-counter (OTC) derivatives. 
• Inverse fund risk. This risk applies to funds seeking to replicate the inverse performance of an index, sometimes with leverage. The use of derivatives and leverage makes these funds highly volatile and liable to generate significant losses.
• Leveraged fund risk. This risk applies to funds (including leveraged ETFs) aiming to replicate a multiple of an index's daily performance. The use of leverage and derivatives (swaps, options, futures) can increase volatility and lead to extreme price movements.
• Emerging market risk. The sub-fund may invest in emerging market securities. Risks include expropriation, confiscatory taxation, nationalization, and political, social, and economic instability. Potential issues include a lack of liquidity and price volatility, as well as investment restrictions and the absence of developed legal structures.
• Credit risk. The sub-fund invests in securities whose credit rating may deteriorate. Such an event would increase the risk that an issuer might be unable to meet its obligations. If an issuer's creditworthiness declines, the value of bonds or derivatives linked to that issuer may deteriorate.
• Currency risk. Currency risk refers to the possibility that the value of an investment may be affected by fluctuations in exchange rates between currencies. It primarily affects investments denominated in a currency other than that of the fund.
• Derivatives risk. Derivatives risk refers to the potential for losses arising from the use of financial derivatives (such as options, futures, or swaps). These instruments can amplify both gains and losses, and their complexity may increase the risk to the fund.
• Equity risk. This risk relates to investments in equities. Equity values ​​can fluctuate significantly depending on market conditions, corporate performance, or the economy, potentially leading to significant losses for the fund, particularly during a general market downturn.
• Risk associated with other UCIs. This risk relates to investments in other undertakings for collective investment (UCIs). The value of these investments depends on the performance of the underlying assets and can fluctuate significantly, exposing the investor to potential losses.
• Concentration risk. This refers to the level of risk in a portfolio resulting from its concentration in a single counterparty, sector, country, etc. In a more concentrated—and therefore less diversified—portfolio, the returns on the underlying assets are more highly correlated.

Details

• Name: PCFS - Pure World Equities - RD
• Classification: International actions "blend"
• ISIN code: LU3003292680
• Bloomberg ticker: PUREERC LX Equity
• Type: Undertaking for collective investment in transferable securities (UCITS)
• Legal form: A sub-fund of the “PCFS” Luxembourg SICAV fund
• Inception date: 18/03/2025
• NAV on inception: €100
• Currency: EUR
• Benchmark index: None
• Share type: Distribution
• Term: Indefinite
• Minimum recommended investment horizon: over 5 years
• Investor type: Retail investors, individuals and corporate entities
• Management company: Pure Capital S.A.- A Luxembourg based management company
• Auditor: PwC Luxembourg
• NAV publication: Bloomberg, Morningstar and Beama.be

Fees

• Management fees and other administrative or operating expenses: 1.15% (including management fees: max 0.6%)
• Transaction fee: 0.2%
• Performance fee: 0%
• Subscription fee: Max. 3%, at the distributor’s discretion
• Redemption fee: 0%

Subscriptions/Redemptions

• Minimum investment requirement: €100
• Cut-off: 10:00 am (CET)
• NAV valuation frequency: Daily
• Settlement date: Max. (D+3)
• Transfer agent / Depositary: CACEIS Bank Luxembourg Branch
• Swing pricing applicable: No

Equities (Shares). The value that would accrue to a company's shareholders if all assets were liquidated and all company debts were repaid.

Net Asset Value (NAV). The value of a fund's assets minus the value of its liabilities, calculated on a per-unit basis: NAV = (Value of assets - Value of liabilities) / number of outstanding shares/units.

Swing Pricing. An anti-dilution technique that allows a sub-fund to allocate the costs associated with portfolio adjustments—triggered by subscription or redemption requests—to the shareholders whose orders necessitated the portfolio rebalancing. It is a liquidity risk management tool designed to ensure that remaining shareholders do not bear all the costs (including dilution) caused by shareholders exiting the sub-fund.

International Blend Equities. Refers to portfolios composed of a mix of value and growth stocks.

Leverage. Leverage involves using debt or financial instruments (such as derivatives) to increase a portfolio's investment capacity and potentially amplify gains, as well as losses.

Emerging Market. An emerging market is the financial market of a developing country that has not yet reached the maturity and stability of developed markets but offers significant growth and development prospects.

Volatility (of the sub-fund). The volatility of a sub-fund refers to the magnitude and frequency of fluctuations in its value over time. The higher the volatility, the greater the fluctuations and the higher the risk associated with the investment.

This is an advertising communication. Please refer to the prospectus and the Key Information Documents (PRIIPS-KID), for the UCITS before making any final investment decision. These are available free of charge on request from Pure Capital S.A. (tel: +352 26 39 86) or on its website www.purecapital.eu. The PRIIPS-KID is available in French, Dutch and English. The prospectus, the half-yearly report and the annual report are available in English.

The information presented above does not constitute investment advice and is intended for promotional purposes. It is neither a binding contractual document nor a disclosure document required by law, and is not sufficient for making an investment decision.

Past performance is not a reliable indicator of future results. Performance may vary over time. Investments are subject to market fluctuations and the investor may get back less than is invested. Exposures, allocations and investments may vary in the future in response to different market conditions at Pure Capital's discretion. There can be no guarantee that the investment objectives will be achieved.

The management and custodian fees, as well as any other costs which, in accordance with the prospectus, are charged to the sub-fund, are included in the calculation of the net asset value and, consequently, the performance.

An annual custody fee may be charged by the account holder. They vary from one institution to another. To find out about them, it is necessary to ask it.

The tax treatment of this product depends on the investor's situation. For example, in Belgium, the tax treatment may be the following:

• Withholding tax on dividends paid by the SICAV: 30%
• Transactions tax: No tax is charged when purchasing the sub-fund. A 1.32% tax is charged when selling accumulation shares only. This tax is capped at €4,000.
• Capital gains realized on or after January 1, 2026, upon the redemption or sale of shares in the sub-fund by Belgian resident individuals are subject to tax at a rate of 10%.

Investors can find out about their rights at https://www.purecapital.eu/legal.html. A summary is available in English and French.

Any complaints or claims can be addressed in writing to the company's head office: Pure Capital S.A., 2 rue d'Arlon, L-8399 Windhof, Grand Duchy of Luxembourg, for the attention of the person responsible for complaints: complaint@purecapital.eu. If the handling of these complaints by the internal service does not satisfy the investor, they may, for Belgium, be submitted to Ombudsfin, Financial Services Ombudsman, North Gate II, Boulevard du Roi Albert II, n° 8 bte. 2, 1000 Brussels, e-mail: ombudsman@ombudsfin.be in writing or via the online complaint form https://www.ombudsfin.be/en/introduce-a-complaint.

Pure Capital S.A. may decide to cease the marketing of its collective investment schemes in accordance with Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU.