Fund specific risks

The performance of the units depends on the investment policy as well as the market development of the individual investments of the UCITS and cannot be determined in advance. In this context, it must be pointed out that the value of the units can rise or fall versus the issue price at any time. It cannot be guaranteed that the investors will be able to recover their invested capital.

Due to the fact that the TRON eSport Fund invests its assets primarily in equities and securities, this type of investment is associated with a market and issuer risk which may negatively affect its net asset value. Additionally, other risks may apply, such as the currency-translation risk, the liquidity risk, and the interest-rate change risk.

Contrary to other funds that invest in companies of various industries, the TRON eSport Fund focuses its investments on a single specialized industry, specifically on companies in the eSports (electronic sports) domain. The value trend of industry-related securities may deviate significantly from the general stock market trend as reflected, for example, by broad market indices. Accordingly, investors should have sufficient risk tolerance and a long-term investment horizon.

Increased risks may be incurred with the deployment of derivative financial instruments that are not used for hedging purposes. The risk associated with derivative financial instruments must not exceed 100% of the fund’s net assets. Hereby, the total risk must not exceed 200% of the fund’s net assets. In a borrowing transaction that is permissible pursuant to UCITSG, the total risk shall not exceed 210% of the fund’s net assets. The management company utilizes the generally accepted Modified Commitment approach as its risk management procedure.