Alpha Fixed Income UCITS Fund FIFILS USD Accumulation

Fund objective

Investment Objective The Sub-Fund's investment objective is to provide risk adjusted returns. Investment Policy The Sub-Fund seeks to achieve its investment objective by gaining direct and, through the use of FDI, indirect exposure to Fixed Income Securities. Exposure to Fixed Income Securities will be generated by investment in bonds, money market instruments and other similar fixed interest or variable interest rate securities, including interest rate derivatives and debt securities embedding derivatives, such as convertible bonds (such convertible bonds will embed derivatives but not increase leverage) and contingent convertible securities. The Sub-Fund may also gain exposure to step-up bonds, through the use of FDIs to other Fixed Income Securities such as mortgage backed securities and distressed securities. The Sub-Fund may invest in closed-ended CIS and open-ended, non-U.S. domiciled exchange traded funds ("ETFs") and open-ended collective investment schemes ("CIS") that are consistent with the investment policy of the Sub-Fund and within a limit on investment in open-ended CIS of no more than 10%, in aggregate, of the Net Asset Value of the Sub-Fund. The Sub-Fund may use futures, options, swaps including total return swaps. The Sub-Fund shall only obtain short exposure through the use of FDI. Under normal market conditions, it is expected that long positions held by the Sub-Fund will typically represent up to 100% of the Net Asset Value of the Sub-Fund at any one time and short positions held by the Sub-Fund will typically represent up to 50% of the Net Asset Value of the Sub-Fund at any one time. Subscription and Redemption You can sell and buy shares one Business Day prior to the Dealing Day (day on which banks are open for business in New York, United States and Dublin, Ireland). You must submit your application to redeem to the Sub-Fund's Administrator no later than 12.00 p.m. (Irish time). Income Your shares do not pay income, but instead the Sub-Fund reinvests such income to grow your capital. Fund Currency Your shares are in USD and the Sub-Fund is valued in USD Benchmark The Sub-Fund is actively managed, meaning the Investment Manager actively selects and invests the securities in which the Sub-Fund invests with the aim of meeting the investment objective of the Sub-Fund, and is not managed with reference to any benchmark. Investment Horizon Recommendation: the Sub-Fund may not be appropriate for investors who plan to withdraw their money within 5 years.