L&G Commodity Index Fund Z USD/  LU1681609688  /

The Fund aims to track the return of the Bloomberg Roll Select Commodity Index (the "Index") less fees, expenses and transaction costs. There can be no assurance that the Fund will achieve its investment objective. In order to gain exposure to the Index the Fund will use a method of synthetic replication of the Index. The Fund seeks to deliver the performance of the underlying Index by entering into one or several total return swaps. As part of the swap obligations the Fund may invest in US treasury bills and cash which, together with the swap return, seek to deliver a return which reflects the performance of the Index. The Fund will use derivatives extensively for investment purposes or to reduce risk or cost or to generate additional growth. Usage of derivatives is monitored to ensure that the Fund is not exposed to excessive or unintended risks. The Fund may also (i) invest in other assets which may include, but are not limited to, fixed income securities, equity securities or collective investment schemes, and (ii) enter into total return swaps and exchange the return of the assets held in the Fund for the performance of the Index. Some investments held by the Fund may be issued in currencies other than US dollar. The Fund may use a technique known as currency hedging to seek to protect against exchange rate movements between other currencies and US dollar. The Index is made up of exchange-traded futures which represent a broad set of physical commodities. Each commodity is weighted based on its economic significance and market liquidity. The Index is rebalanced annually.

The Fund aims to track the return of the Bloomberg Roll Select Commodity Index (the "Index") less fees, expenses and transaction costs. There can be no assurance that the Fund will achieve its investment objective. In order to gain exposure to the Index the Fund will use a method of synthetic replication of the Index.