Pure World Equities - RD This information is valid at 18/03/2025

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. A low score indicates lower risk but potentially lower return. A higher score will lead to higher risk but potentially higher return.

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 the risk correlated with the overall market. The value of the assets may be affected by developments in the broader economy, interest rates, inflation, and other macroeconomic factors. It affects, to a greater or lesser extent, all financial assets.
• Liquidity Risk. The compartment 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 faults or errors occurring among the various parties involved in the management, valuation, and/or safekeeping of the compartment’s assets.
• Counterparty Risk. The compartment may suffer 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 relates to funds that seek to replicate the opposite performance of an index, sometimes with leverage. The use of derivatives and leverage makes these funds highly volatile and capable of generating significant losses.
• Leveraged Fund Risk. This risk concerns funds (including leveraged ETFs) that aim to replicate a multiple of the daily performance of an index. The use of leverage and derivative instruments (such as swaps, options, or futures contracts) can increase volatility and lead to extreme price movements.
• Emerging Markets Risk. The compartment may invest in securities from emerging markets. Risks include expropriation, confiscatory taxation, nationalization, and political, social, or economic instability. Lack of liquidity and price volatility are possible. Investment restrictions and the absence of developed legal structures may also occur.
• Credit Risk. The compartment invests in securities whose credit rating may deteriorate. Such an event increases the risk that an issuer may be unable to meet its obligations. If an issuer’s solvency declines, the value of the bonds or derivative products 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 mainly concerns 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 derivative financial instruments (such as options, futures, or swaps). These instruments can amplify both gains and losses, and their complexity may increase the overall risk for the fund.
• Equity Risk. This risk relates to investments in equities. The value of shares can fluctuate significantly depending on market conditions, company performance, or the overall economy, which may result in substantial losses for the fund, particularly in the event of a general decline in equity markets.
• Collective Investment Scheme Risk. This risk relates to investments in other collective investment schemes (CIS). The value of these investments depends on the performance of the underlying assets and may fluctuate considerably, exposing the investor to potential losses.
• Concentration Risk. This refers to the level of risk in a portfolio resulting from its exposure to a single counterparty, sector, country, or similar concentration. In a more concentrated — and therefore less diversified — portfolio, the returns of the underlying assets tend to be more 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

Equity. Value that would be returned to a company’s shareholders if all of the assets were liquidated and all of the company's debts were paid off.

Net Asset Value. Value of a fund's asset less the value of its liabilities per unit. NAV = (Value of Assets-Value of Liabilities)/number of units outstanding.

Swing pricing. Anti-dilution technique that allows the Fund to apportion the costs linked to portfolio adjustments caused by subscription/redemption requests on the shareholders whose orders caused the necessity to rebalance the portfolio. It is a liquidity risk tool designed so that remaining shareholders don’t bear all the costs (including dilution) caused by first movers.

Active Risk or Tracking Error. Corresponds to the volatility of the return difference between a portfolio and its benchmark index.

International Actions Blend. Refers to portfolios composed of a combination of value and growth stocks.

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%
• Withholding tax on capital gains (Reynders tax): 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.

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 Mr Rudy Hoylaerts, Conducting Officer. 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.