For more information, investors can consult the regulatory documentation (including the prospectus and in particular the risk profile) and commercial documentation available on the  fund webpage.

References to past rankings and awards are not indicative of future rankings or awards.

IMPORTANT INFORMATION

This advertising document is for information purposes only and does not constitute investment advice on financial products. Due to its simplified nature, the information contained in this document may only be partial. It may be subjective and is subject to change without notice. All data has been established in good faith on the basis of market information. The accuracy of any information obtained from external sources cannot be guaranteed.

The investment is in units of a collective investment scheme and not in the underlying assets. UCIs do not offer a capital guarantee.

In some jurisdictions, the offering of mutual fund units may be restricted or prohibited by law. Before making any offer, it is advisable to check in which countries the UCI(s) referred to in this document are registered for marketing. The UCI may not be subscribed or held by a Non-Eligible Person or a Non-Eligible Intermediary (see the section on "Relevant subscribers" in the prospectus).

This document may not be reproduced in any form or transmitted to any person other than the person to whom it is addressed without the prior written consent of Ellipsis AM.

Additional information for Switzerland:

The domicile of the fund is France. In Switzerland, the representative is Acolin Fund Services AG, Maintower, Thurgauerstrasse 36/38, 8050 Zürich, whilst the paying agent is Banque Cantonale de Genève, 17 quai de l’Ile, CH-1204 Genève. The prospectus, the Key Investor Information Documents, the fund regulation and the articles of association, as well as the annual and semi-annual reports may be obtained free of charge from the representative.

 Additional Information for Canada: Ellipsis AM is not registered in any jurisdiction in Canada as a dealer and markets the fund to you based on an exemption from the requirement to register as a dealer under NI 31-103. Ellipsis AM's headquarters and principal place of business are located in France. It can be difficult to enforce legal rights against Ellipsis AM, as all or a large portion of its assets may be located outside of Canada. The name and address of the agent responsible for serving Ellipsis AM in each Canadian jurisdiction in which it benefits from the exemption is as follows: (1) Alberta: Borden Ladner Gervais LLP (Attn: Jon Doll), Centennial Place, East Tower, 1900, 520 - 3rd Avenue SW, Calgary, Alberta T2P 0R3 (2) British Columbia: Borden Ladner Gervais LLP (Attn:  Michael T. Waters), 1200 Waterfront Centre, 200 Burrard Street, P.O. Box 48600, Vancouver, B.C. V7X 1T (3) Manitoba: MLT Aikins LLP (Attn: W. Douglas Stewart), 30th Floor - 360 Main Street, Commodity Exchange Tower, Winnipeg, Manitoba R3C 4G1 (4) Newfoundland and Labrador: Stewart McKelvey (Attn: Tauna Staniland, K.C.), Cabot Place, 100 New Gower St.,  PO Box 5038, Stn. C, St. John's, Newfoundland A1C 5V3 (5) Nova Scotia: Stewart McKelvey, Queen's Marque, 600 – 1741 Lower Water Street, Halifax, Nova Scotia B3J 0J2 (6) Ontario: Borden Ladner Gervais LLP (Attn: Matthew P. Williams), Bay Adelaide Centre, East Tower, 22 Adelaide Street West, Toronto, OntarioM5H 4E3 (7) Quebec: Borden Ladner Gervais LLP (Attn:  Neil Hazan), 1000 de La Gauchetière Street West, Suite 900, Montreal, Quebec H3B 5H4 (8) Saskatchewan: McDougall Gauley LLP (Attn: Michael W. Milani), 1500 – 1881 Scarth Street, Regina, Saskatchewan S4P 4K9