The Fund aims to provide a medium/long-term capital growth by providing an aggressive, balanced investment exposure to various asset classes through units of UCITs and/or other UCIs that may invest in cash, bonds, equities, property and commodities. In addition, the Fund may and will at times invest directly in bank deposits and money market instruments.

For the quarter ending 31/12/2025, (LF) Fund of Funds - Global High (Eurobank class) returned +1.89%. During the period, most major asset classes rallied. Commodities outperformed returning +4.76% followed by Global Equities +2.95%, Cash +0.516%, Bonds (EUR Brd Mkt) +0.21% and REITS -1.36%, all in Euro terms. Over the same period, among the major equity market indices MSCI Europe gained the most with +5.91%, MSCI Japan gained +3.28%, MSCI AC World returned +2.95% and MSCI US +2.04% in Euro terms. Outside of the developed markets, Frontier Markets outperformed with the MSCI Frontier Markets gaining +5.98% while MSCI EM rose +4.25% in Euro terms. Global REITS underperformed the global equities benchmark with FTSE EPRA/NAREIT Developed Index declining by -1.36%. Dev Europe outperformed during the same period with the FTSE EPRA/NAREIT Dev Europe gaining +1.49%. FTSE EPRA/NAREIT Dev Asia gained +0.31% and FTSE EPRA/NAREIT N.America lost -2.56% in Euro terms. In the bond markets, ICE BofAML US Broad Market gained +0.88%, ICE BofAML EUR Broad Index gained +0.21% and ICE BofAML Global Broad Market lost -0.12% in Euro terms. Within the Euro bond market in particular, ICE BofAML Greek Govnt Index gained +0.68%, ICE BofAML EUR Corporate Index gained +0.25% while ICE BofAML EUR Direct Government Index gained +0.22% in Euro terms. Commodities, rallied with the Bloomberg Commodity Index gaining +4.76%. WTI Crude Future lost -6.68% and Gold Spot $/oz gained +12.29% in Euro terms. The USD slightly weakened against the Euro (-0.08%)% during the same period, with the ECB Ref. set at 1.175 on 31/12.

For the quarter, (LF) Fund of Funds - Global High had an average equity exposure of 74.30%, with a maximum exposure of 76.0% in October and a minimum of 72.0% in November. By year-end, the equity exposure was at 74.0%. Average effective allocation in North American equities was 46.4%, 11.0% in Europe and 4.5% in Japan, while approximately 12.4% was the equity exposure in all other regions. The average exposure in bonds was 10.79%, ranging between 9.7% and 12.1% with an average effective duration of 6.6 years, while 6.6% was allocated in sovereign, and 4.2% in corporate bonds. The sub-fund had an average commodities exposure of 2.39%, During the period, the sub-fund had an average cash exposure of 12.52%.