Dynasty SICAV - Dynasty Euro Yield - A EUR/  LU2360089242  /

The objective of the Class A EUR shares of "Dynasty Euro Yield" (the "Sub-Fund") is to provide positive returns over the medium term, through the selection of a portfolio of fixed income asset classes, markets and fixed income financial instruments offering an attractive yield considering the issuer"s credit risk. The Sub-Fund is actively managed and is not managed in reference to a benchmark. The Sub-Fund does not offer any form of guarantee with respect to investment performance and no form of capital protection applies. The investment policy of the Sub-Fund consists in holding a portfolio of corporate fixed-income securities. Such securities will have, at the time of their acquisition, an attractive yield, taking into account the creditworthiness of their issuer. The Sub-Fund"s average interest rate sensitivity (duration) will range between 0 to 8 years. The Sub-Fund will invest up to one hundred percent (100%) of its net assets in fixed-income securities such as standard bonds but also convertible bonds or similar fixed income instruments and Money Market Instruments including Negotiable Debt Instruments (NDI). The Sub-Fund may invest up to 20% of its net assets in perpetual bonds, futures, listed options and OTC derivatives. The fixed-income securities are only denominated in euros and issued by International (both European and Non-European) issuers. Securities may have no minimum rating at the time of their acquisition. Investments in High Yield or non-rated securities will therefore be possible up to 100% of the net assets of the Sub-Fund. Investments in instruments qualifying as distressed securities at the time of purchase are limited to 10% of the Sub-Fund's net assets. The Sub-Fund may invest up to 10% of its net assets in contingent convertible bonds ("Cocos"). The average equity sensitivity (delta) of the Sub-Fund from its exposure to Convertible bonds will be below 10%. Derivatives instruments may only be used in the context of hedging the Sub-Fund's assets against the interest and credit risk. The commitment resulting from such transactions and contracts may not exceed the SubFund's assets.

The objective of the Class A EUR shares of "Dynasty Euro Yield" (the "Sub-Fund") is to provide positive returns over the medium term, through the selection of a portfolio of fixed income asset classes, markets and fixed income financial instruments offering an attractive yield considering the issuer"s credit risk. The Sub-Fund is actively managed and is not managed in reference to a benchmark. The Sub-Fund does not offer any form of guarantee with respect to investment performance and no form of capital protection applies. The investment policy of the Sub-Fund consists in holding a portfolio of corporate fixed-income securities. Such securities will have, at the time of their acquisition, an attractive yield, taking into account the creditworthiness of their issuer. The Sub-Fund"s average interest rate sensitivity (duration) will range between 0 to 8 years.