HCM Multi

Fund objective

The main investment objective of the actively managed Aditum Investment Funds – HCM Multi-Asset Adventurous Fund is to achieve absolute returns from active trading opportunities in global markets. Actively managed means that the fund manager has full decisionmaking power over the composition of the portfolio of assets of the sub-fund. The Sub-fund will seek to achieve its objectives by investing in funds which invest in a diversified range of assets in proportion with its long term risk profile, which is characterised as medium-high. This means that the Sub‐Fund will indirectly take a more growth-orientated exposure to equity markets, with such exposure to equity or equity‐ linked securities typically ranging between 60% and 100% of its assets, with a neutral position of 76.5%. The remainder of Sub-Fund assets will be invested in funds which invest in other asset classes such as fixed income, alternatives (which may include propertyrelated funds and absolute return strategies) and cash. There is no guarantee that the Sub‐Fund will meet its investment objective or deliver a positive return and capital is at risk. The sub-fund is managed without reference to any benchmark. Securities’ purchase and sale fees are borne by the Fund. They are incurred in addition to the percentages listed below under “Charges”, and may reduce the return of the Fund. All income received will be accumulated. In principle, investors in Aditum Investment Funds may request the redemption of shares on each valuation date. However, the SICAV may suspend the redemption of shares if it appears necessary to do so under extraordinary circumstances, in consideration of the interests of investors. The Fund is suitable for mid-or long-term investments (three to five years).