(1) Past performance is not necessarily a guide to future performance. The value of the shares can increase or decrease depending on the risk level that varies between 1 (minimum risk) and 7 (maximum risk). The fund’s Prospectus and the Sub-funds KIIDs are available on the commercializing entities. The returns mentioned are net of management and deposit fees, audit costs and supervisory fee. The figures disclosed imply the taxation borne by the collective investment undertaking and the eventual payment of capital gains tax are investors responsibility. Investing in the collective investment undertaking may result in the loss of invested capital. The disclosed annualized performance measures, calculated based on a period exceeding one year, would only be obtained if the investment was made during the entire reference period. The average annual returns of the Optimize Europe Value Fund (started on 31-12-2010) is defined between the respective dates 31-12-2020 and (YTD), dates 31-08-2016 and (5-year) and the start date and (since inception). The Sub-fund Optimize Europe Value Fund started its activity in Luxembourg on the 15-10-2021 and incorporated the portfolio of Portuguese funds managed by Optimize Investment Partners. The past performance of the Portuguese fund is being included in the returns of the fund.