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Information Classification: General 60457902v42
STATE STREET ICAV 24 September 2025
State Street Global Alternative
Beta Fund
Supplement No. 15
(A Sub - Fund of State Street ICAV (the “Fund”), an Irish collective asset - management vehicle constituted as an umbrella fund with segregated liability between Sub - Funds authorised by the Central Bank of Ireland pursuant to the Act and the UCITS Regulations).
This Supplement (the “Supplement”) forms part of the Prospectus dated 24 September 2025 as amended from time to time (the “Prospectus”) in relation to the Fund. This Supplement should be read together with the Prospectus and Packaged Retail and Insurance - based Investment Product document (“PRIIPs KID”) or Key Investor Information Document (“KIID”). It contains information relating to the Sub - Fund and its available Share Classes.
Unless otherwise defined herein or unless the context otherwise requires, all defined terms used in this Supplement shall bear the same meaning as in the Prospectus.
Prospective investors should review the entire Supplement, the Prospectus and PRIIPs KID or KIID carefully. If you have any questions, you should consult your stockbroker and / or financial adviser. Potential investors should consider the risk factors set out in the Prospectus and in this Supplement before investing in this Sub - Fund. The Fund and the Directors listed in the “Management” section of the Prospectus, accept responsibility for the information contained in this Supplement.
An investment in the Sub - Fund should not constitute a substantial proportion of an investment portfolio and may not be appropriate for all investors. This Fund will invest primarily in financial derivative instruments.
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State Street Global Alternative Beta Fund
Information Classification: General 2 60457902v42
Sub - Fund Characteristics
Base Currency USD
Business Day Any day on which banks are open for business in the United Kingdom and the United States (excluding Saturday, Sunday and public holidays). Dealing Day Each Business Day on which the stock exchanges or other markets which represent the basis for valuation of a major part of the net assets of the Sub - Fund are open, as determined by the Fund. The Sub - Fund will have at least one Dealing Day per fortnight.
Investment Manager State Street Global Advisors Europe Limited
Sub - Investment Manager State Street Global Advisors Limited.
Dividend Policy For distributing Share Classes, semi - annual distribution of income (in or around January and July), except where the Management Company / Investment Manager in its sole discretion, determines not to pay a dividend on any given distribution date. For accumulating Share Classes, all income and gains will be accumulated in the Net Asset Value per Share . Pricing Adjustment The Sub - Fund will implement an Anti - Dilution Levy.
SFDR Fund Classification For the purposes of SFDR Article 6, the integration of Sustainability Risk is not relevant for this Sub - Fund
Dealing Information
Dealing Deadline For all subscriptions, conversions and redemptions: 1 2 .00 p .m. (Irish time) on the Dealing Day.
Settlement Deadline
The second Business Day after the Dealing Day, or such later or earlier date as may be determined by the Management Company and notified to Shareholders, provided that in the case of redemptions, such date will not exceed 14 calendar days from the Dealing Deadline.
Dealing NAV The Net Asset Value per Share calculated as at the Valuation Point on the relevant Dealing Day. Valuation Point 10.15 p.m. (Irish time) on each Business Day.
Valuation Pricing Used Closing prices
Index Information
Index HFRX Global Hedge Fund Index (the "Index")
Index Rebalance Frequency Monthly
Additional Index Information Further details of the Index and its performance can be found at: HFRX Indices - Index Descriptions | HFR®
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State Street Global Alternative Beta Fund
Information Classification: General 60457902v42
In ves t men t O bj bjec ti ve and P oli c y Investment Objective: The investment objective of the Sub - Fund is to generate capital growth over the medium to long - term by implementing a strategy that seeks to approximate the returns of hedge funds as a broad asset class . Investment Policy : The investment policy of the Sub Fund builds upon the theory that the returns of h edge fund s , as a broad asset class , can be driven , to a large extent , by various market exposures that hedge funds generally pursue and as detailed below (“ Factors ”) . . The Sub - Fund will seek to approximate the returns of the hedge fund universe driven by the Factors while attempting to minimize tracking error against the I ndex.
Global Alternative Beta Strategy The Sub - Fund is actively managed (in reference to the Index) using the global alternative beta strategy as further described below (the " Global Alternative Beta Strategy ") . While the Sub - Fund’s performance may be demonstrated against the I ndex for illustrative purposes only, the Sub - Fund does not intend to replicate the I ndex composition and does not have a specific tracking error constraint . The Index is designed to be representative of the overall composition of the hedge fund universe (as represented by a broad range of strategies pursued by the underlying hedge funds ) . It is comprised of the following eligible hedge fund strategies: (i) equity hedge ; (ii) event driven ; (iii) macro / commodity trading advisor (“ CTA”) ; and (iv) relative value arbitrage .
These four strategies are described below:
• Equity Hedge strategies maintain positions both long and short in primarily equity and equity derivative securities. A wide variety of investment processes can be employed to arrive at an investment decision, including both quantitative and fundamental techniques; stra tegies can be broadly diversified or narrowly focused on specific sectors and can range broadly in terms of levels of net exposure, leverage employed, holding period, concentrations of market capitalizations and valuation ranges of typical por tfolios. Examples of investment strategies in this category are equity market neutral and short bias.
• Event Driven strategies maintain positions in companies currently or prospectively involved in corporate transactions of a wide variety including but not limited to mergers, restructurings, financial distress, tender offers, shareholder buybacks, debt exchanges, secur ity issuance or other capital structure
adjustments. Security types can range from most senior in the capital structure to most junior or subordinated, and frequently involve additional derivative securities. Event Driven exposure includes a co mbination of sensitivities to equity markets, credit markets and idiosyncratic, company specific developments. Investment theses are typically predicated on fundamental characteristics (as opposed to quantitative), with the realization of the thesis predic ated on a specific development exogenous to the existing capital structure.
• Macro / CTA strategy managers trade a broad range of strategies in which the investment process is predicated on movements in underlying economic variables and the impact these have on equity, fixed income, hard currency and commodity markets. Managers employ a varie ty of techniques, both discretionary and systematic analysis, combinations of top down and bottom up theses, quantitative and fundamental approaches and long and short term holding periods.
• Relative Value Arbitrage strategies maintain positions in which the investment thesis is predicated on realization of a valuation discrepancy in the relationship between multiple securities. The hedge fund m anagers employ a variety of fundamental and quantitative techniques to establish investment theses, and security types range broadly across equity, fixed income, derivative or other security types. Fixed income strategies are typically quantitatively drive n to measure the existing relationship between in struments and, in some cases, identify attractive positions in which the risk adjusted spread between these instruments represents an attractive opportunity for the investment manager. The Investment Manager has developed the Global Alternative Beta Strategy that will seek to identify and take exposure to the F actors that tend to materially contribute to the returns of hedge funds as a broad asset class . In seeking to approximate the returns of hedge funds as a broad asset class, the Sub - Fund will not invest directly in hedge funds that are included in the Index . Instead, the Investment Manager will use statistical analysis of historical performance data, derived from the Index alongside the Investment Manager’s proprietary quantitative model , embedded within the Global Alternative Beta Strategy to identify Factors that are driving hedge fund returns. The historical returns of the Index are used as an input to the Global Alternativ e Beta Strategy and to assess which Factors are driving returns, via the below investment process :
1. Select the F actors : The Investment Manager has selected Factors that provide exposure to global equity, credit, commodity and interest rate markets as these are four major investable asset classes hedge fund industry as a whole is invested in . These Factors
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State Street Global Alternative Beta Fund
Information Classification: General 60457902v42
have been identified using the statistical analysis of historical performance data of the Index and are understood to drive hedge fund returns . The equity factor is formed by the market capitalisation weighting of the three equity indices as per below. Each Factor is approximated by fa factor p roxies , as further described below (the “ Factor Proxies ”) , which were chosen as they broadly represent the intended F actor exposures and due to their feasibility of implementation within the Global Alternative Beta Strategy . The Factors are used within the statistical analysis, as described in steps 2 4 below .
Factors Factor P roxies
Equi t y Factor - U.S. Equity Returns
Market cap weighted mixed equity indices of Russell 2000, Emerging Markets (MSCI Emerging Markets Index) and Developed Markets (MSCI EAFE Index)
Equity Factor Emerging Markets Equity
Equity Factor Global Equity
Interest Rates Bloomberg U.S. Treasury 5 - 7 Year Total Return Index
Corporate Credit Bloomberg U.S. Corporate High Yield Total Return Index
Commodity Carry Bloomberg Roll Select Commodity Index
The Factor P roxies above may evolve over time at the Investment Manager’s discretion.
2. Identify specific F actors at each monthly rebalance of the Index : The Investment Manager will use its proprietary quantitative model to analyse the past performance of the Index in assess ing which of the specific Factors had the most significant impact on performance of hedge funds a s a broad asset class over the recent past (typically the last 2 - 4 years) . The Investment Manager will then , on a monthly basis , select the Factors determined to be the most significant in influencing hedge fund returns at each monthly rebalance of the Index . 3. Assign a weight to each F actor: T he Investment Manager will then , on a monthly basis , us ing the proprietary quantitative model , incorporat e the ana l y s is of historical I ndex and F actor P roxy return data, to assign a weight to each Factor required t o meet the return objectives of the Sub - Fund . Each individual Factor weight is set to be either positive or zero and the sum of the weights to each Factor ranges from 0 to 100%.
4. Build the portfolio with exposure to these Factors : The Investment Manager will then build a portfolio that has exposure to these Factor s , at the assigned weights, via instruments listed in Permitted Investments section below . Such investments include futures, forwards, options, swaps, equities, bonds, commodities and currencies as outlined in the relevant section under ‘ P ermitted I nvestments ’ below and UCITS eligible exchange traded funds. The Investment Manager will select individual securities, or groups of securities, primarily due to their ability to provide the return and risk exposure of the Factor Proxies. The Investment Manager will also consider other important elements such as liquidity, cost and eligibility . In addition, the Sub - Fund may also invest in cash equivalents to serve as collateral for derivative positions o r in the event of a decrease in market exposure. Cash equivalents includ e U.S. Treasury obligations, money market instruments and money market funds.
In following this strategy, a long only diversified portfolio is built mainly through derivatives , direct investments, and other regulated open ended funds which provide exposure to the Factors . The Investment Manager has full discretion over the manner in which to implement the investment process as outlined above . While having the discretion to deviate from the investment process , the Investment Manager expects to do so only in exceptional circumstances. For instance, the Investment Manager may reduce the turnover of the portfolio of assets comprising the Sub - Fund under certain unusual or adverse marke t conditions, including as a means to mitigate high transaction costs during times of increased market volatility.
The investments underlying the Sub - Fund do not take into account the EU criteria for environmentally sustainable economic activities as per the Taxonomy Regulation . Permitted Investments
Equities: The securities in which the Sub - Fund invests may include equities, or equity - related securities such as American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs). ADRs and GDRs are typically used instead of local shares, where owning the local shares represented in the Index is not possible or is prohibitively expensive . The Sub - Fund may also invest in China A - Shares via Stock Connect or the RQFII quota.
Bonds: The securities in which the Sub - Fund invests may include g overnment and government - related bonds, corporate bonds (including high - yield bonds) , asset - backed securities, mortgage - backed securities, commercial mortgage - backed securities, covered
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State Street Global Alternative Beta Fund
Information Classification: General 60457902v42
bonds, collateralised bonds. The Sub - Fund may invest in China bonds acquired on the CIBM through the CIBM Direct Access Programme/Bond Connect.
Other Funds / Liquid Assets: The Sub - Fund may invest up to 10% of its net assets in other regulated open - ended funds including UCITS eligible exchange traded funds where the objectives of such funds are consistent with the objective of the Sub - Fund and where such funds are authorised in member states of the EEA, the United Kingdom, USA, Jersey, Guernsey or the Isle of Man and where such funds are eligible for investment in acc ordance with the requirements of the Central Bank and comply in all material respects with the provisions of the UCITS Regulations . The Sub - Fund may hold ancillary liquid assets such as deposits in accordance with the UCITS Regulations.
Commodities: T he S ub - F und may invest in FDI s on a diversified commodity index or through investments in other regulated open - ended funds . Currencies : The Sub - Fund may hold cash in currencies of the relevant emerging markets or the base currency of its S hare C lasses for settlement purposes; to gain exposure in specific markets or currencies; or to hedge certain exposures in the Index.
Derivatives: The Sub - Fund will use financial derivative instruments (“FDIs”) for investment purposes , hedging, risk and/or efficient portfolio management. Any use of FDIs by the Sub - Fund shall be limited to futures, forward foreign exchange contracts (including non deliverable forwards), swaps (including total return swaps) and options, which will provide exposure to the instruments in which the Sub - Fund can directly invest, as described above. The reference assets underlying the total return swaps, if any, shall be any security, basket of securities or indices which are consistent with the investment policies of the Sub Fund described above. The counterparties to all swap transactions will be institutions subject to prudential supervision and belonging to categories approved by the Central Bank and will not have discretion over the assets of the Sub - Fund. The Sub Fund’s exposure to swaps as measured by the notional exposure of the SWAPS is expected to range from 0 % to 25% of Net Asset Value and will not exceed 100% of Net Asset Value. Please refer to the section of the Prospectus headed “ Use of Financial Derivative Instruments ” for further information on the FDI.
The fund will also use derivatives for e fficient portfolio management purposes, this means investment decisions involving transactions that are entered into for one or more of the following specific aims: the reduction of risk; the reduction of cost; the generation of additional capital or income for the Sub - Fund with
an appropriate level of risk, taking into account the risk profile of the Sub - Fund ; or in order to take synthetic exposures, with the aim of meeting the investment objective, where use of FDIs is preferential to trading physical securities or currencies, for liquidity, speed or cost reasons. FDIs are described in the " Investment Objectives and Strategy – Use of Financial Derivative Instruments " section of the Prospectus.
Money Market Instruments : The Sub - Fund may invest in money market instruments such as US government bills, certificates of deposits, commercial paper (including green commercial paper), time deposits, government securities, securities issued or guaranteed by Supranational Organisations, deposits, notes (including floating rate and medium term notes) and bonds (fixed or floating rate) issued by corporate issuers, asset backed commercial paper and when - issued government securities (i.e. securities which are traded on a price or yield basis prior to actual issuance).
Securities Lending, Repurchase Agreements & Reverse Repurchase Agreements
The Sub - Fund does not currently participate in a securities lending programme, though it is entitled to do so. The Sub - Fund also does not intend to engage in repurchase agreements and reverse repurchase agreements. Should the Directors elect to change this policy in the future, due notification will be given to Shareholders and this Supplement will be updated accordingly.
Borrowing & Risk Controls
The Sub - Fund will not utilise borrowing other than on a temporary basis for settlement reasons. While the Sub - Fund may be leveraged as a result of its investments in derivative instruments, such leverage will not exceed 100% of the Sub - Fund’s total Net Asset Value. The Sub - Fund’s global exposure and leverage is calculated using the commitment approach.
Investment Risks
Investment in the Sub - Fund carries with it a degree of risk. Investors should read the “ Risk Information ” section of the Prospectus. In addition, the following risks are particularly relevant for the Sub - Fund:
Currency Hedging Risk : Hedges are sometimes
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State Street Global Alternative Beta Fund
Information Classification: General 60457902v42
subject to imperfect matching between the hedging transaction and the risk sought to be hedged. There can be no assurance that the Sub - Fund’s hedging transactions will be effective. As the purpose of currency hedging is to try to reduce or eliminate losses caused by exchange rate fluctuations, it can also reduce or eliminate gains where the currency in which the Sub - Fund’s assets are denominated appreciates.
Currency Risk : The value of the Sub - Fund’s assets may be affected favourably or unfavourably by currency exchange rates, currency exchange control regulations, and restrictions or prohibitions on the repatriation of foreign currencies. Foreign currency exchange rates may have significant volatility, and changes in the values of foreign currencies may result in substantial declines in the values of the Sub - Fund’s assets denominated in foreign currencies.
Debt Securities Risk: The value of debt securities may change significantly depending on economic and interest rate conditions as well as the credit worthiness of the issuer. Issuers of debt securities may fail to meet payment obligations or the credit rating of debt securities may be downgraded. Returns on investments in debt securities could trail the returns on other investment options, including investments in equity securities.
Derivatives Risk: The Sub - Fund’s use of derivative instruments involves risks different from, and possibly greater than, the risks associated with investing directly in securities. Derivative transactions typically involve leverage and may have significant volatility. It is possibl e that the derivative transaction will have a different or less favourable effect than the Investment Manager anticipated and that a derivative transaction will result in a loss greater than the principal amount invested.
Equity and Equity related securities Risk: The market prices of equity and equity related securities may go up or down, sometimes rapidly or unpredictably. The value of these securities may decline for reasons that directly relate to the issuer and/or due to general industry or market conditions, s uch as real or perceived adverse economic conditions, changes in the general outlook for corporate earnings, changes in interest or currency rates, or adverse investor sentiment generally. Equity markets tend to m ove in cycles, which may cause stock prices to fall over short or extended periods of time.
Emerging Markets Risk: Risks of investing in emerging markets include, among others, greater political and economic instability, possible trade barriers, less governmental supervision and regulation, greater volatility in currency exchange rates, currency transfer restrictions or difficulties in
gaining currency exposure, less developed securities markets, legal systems and financial services industries, differences in auditing and financial reporting standards, and greater dependence on revenue from particular commodities or international aid.
Frequent Trading/Portfolio Turnover Risk: The Sub Fund may engage in active and frequent trading of its portfolio securities. The Sub - Fund ’s turnover generally involves a number of direct and indirect costs and expenses, including, for example, brokerage dealing commissions, dealer mark - ups and bid/asked spreads, and transaction costs on the sale of securities and reinvestment in other securit ies. The costs related to increased portfolio turnover have the effect of reducing the Sub - Fund’s investment return and the sale of securities by a Sub - Fund may resul t in the realisation of taxable capital gains, including short term capital gains. Frequent trading can also result in increased tax liability for the Sub - Fund.
Futures Contracts And Other Exchange Traded Derivatives Risks . Certain Sub - Funds may purchase futures contracts and other exchange - traded derivatives. The ability to establish and close out positions in futures contracts and other exchange traded derivatives will be subject to the development and maintenance of a li quid secondary market. There is no assurance that a liquid secondary market on an exchange will exist for any particular futures contract or other exchange traded derivative or at any particular time. In the event no such market exists for a particular derivative, it might not be possible to effect c losing transactions, and the Sub - F und will be unable to terminate its exposure to the derivative. If the Sub - Fund uses futures contracts or other exchange - traded derivatives for hedging purposes, there is a risk of imperfect correlation between movements in the prices of the derivatives and movements in the securities or index underlying the derivatives or mo vements in the prices of the Sub - Fund’s secur ities that are the subject of a hedge. The prices of futures and other exchange traded derivatives, for a number of reasons, may not correlate perfectly with movements in the securities or index underlying them. The Sub - Fund will incur brokerage fees in connection with its exchange - tr aded derivatives transactions. The Sub - Fund will typically be required to post margin with its applicable counterparty in connection with its transactions in futures contracts and other exchange - traded derivatives. In the event of an insolvency of the counterparty, the Sub - Fund may not be able to recover all (or any) of the margin it has posted with the counterparty, or to realise the value of any increase in the price of its positions.
Integrating Sustainability Risk: Sustainability Risk has not been integrated into the Sub - Fund’s investment process. Any deterioration in the financial profile of an underlying investment affected by a Sustainability Risk
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Information Classification: General 60457902v42
may have a corresponding negative impact on the Net Asset Value and/or performance of the investing f und. Where a Sustainability Risk event occurs, this Sub Fund may be mo re impacted than an equivalent f und that integrates Sustainability Risk.
Liquidity Risk: Lack of a ready market or restrictions on resale may limit the ability of the Sub - Fund to sell a security at an advantageous time or price or at all. Illiquid securities may trade at a discount from comparable, more liquid investments and may be subject to wide fluctuations in market value. Illiquidity of the Sub - Fund’s holdings may limit the ability of the Sub - Fund to obtain cash to meet redemptions on a timely basis.
Modelling Risk: The Investment Manager uses quantitative models in an effort to enhance returns and manage risk. Any imperfections, errors or limitations in these models or in their programming could limit any benefit to the Sub - Fund from the use of the models, or could result in incorrect outputs or in investment outcomes different from or opposite to those expected or desired by the Investment Manager. Such imperfections, errors or limitations might never be detected, or might be detected only after the S ub - F und has sustained a loss (or reduced performance). Further, there can be no assurance that the models will behave as expected in all market conditions.
Share Class Risk: There is no segregation of liabilities between Classes of the Sub - Fund. While the Investment Manager and/or the Sub - Investment Manager will seek to ensure that gains/losses on and the costs of the relevant FDI associated with any currency hedging strategy will accrue solely to the Class for which it is intended, the transactions could result in liabilities for other Classes.
Investor Profile
The typical investors of the Sub - Fund are expected to be institutional and financial intermediary investors such as investment advisors and brokers representing investors with a medium, or long term horizon who want to gain exposure to the approximate returns of hedge funds as measured by a broad and diversified investment universe of hedge funds and are prepared to accept the risks associated with an investment of this type.
Share Classes
As of the date of this Supplement, the Sub - Fund offers the following Share Classes of the Sub - Fund:
• Class B Shares - reserved for institutional investors who have entered into an investment management agreement or other
arrangements with the Investment Manager and/or the Sub - Investment Manager or any of their affiliates, in each case in a format satisfactory to the Directors (a “ Qualifying Agreement ”), or as the Directors may otherwise, in their sole discretion, determine.
• Class I Shares - reserved for institutional investors.
• Class A Shares – available to all investors.
Subscriptions & Redemptions
Investors may subscribe for, convert or redeem Shares in the Sub - Fund on each Dealing Day at the price with an appropriate provision for Duties and Charges, and in accordance with the provisions in the “Purchase and Sale Information” section of the Prospec tus.
For redemptions, a written redemption request signed by the Shareholder is required to be received by the Administrator by the Dealing Deadline. A redemption fee of up to 2% of the Redemption Price, if applicable, as described in the Prospectus may be applied.
Shares in the Sub - Fund will be available at the initial offer price from 9 a.m. (Irish time) on 25 September 2025 until 5 p.m. (Irish time) on 24 March 2026 or such other date as the Directors may determine. The initial offer price will be USD 100 / EUR 100 / GBP 100 as relevant. Following the closing date of the Initial Offer Period, Shares will be issued at the Subscription Price.
Fees and Expenses
In addition to the fees and expenses described below, Shareholders should read the section in the Prospectus entitled “Fees and Expenses” for a description of other fees and expenses that may apply to their investment in the Sub - Fund.
The Sub - Fund shall bear its attributable proportion of the organisational and operating expenses of the Fund. These are set out in detail under the section entitled “ Fees and Expenses ” in the Prospectus.
The establishment costs of the Sub - Fund, which are not expected to exceed EUR 25,000, will be borne by the Sub - Fund and amortised over a period of 5 years commencing on the date of first issue of Shares (or such shorter period as determined by the Directors at their discretion) . Investment management fees are paid by the Sub Fund and are included in the total expense ratios (“ TER ”) attributable to each relevant Class. Investment management fees, expressed as a maximum
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Information Classification: General 60457902v42
percentage of daily Net Asset Value of the impacted Class and the TER expressed as a maximum percentage of the total assets under management of the Sub - F und are set out below as they relate to each Class. The investment management fees and total expense ratio, calculated in the Base Currency of the relevant Class, are as follows:
*At the date of this Supplement, all available Share Classes may not be seeded. **All above stated minimums may be waived by the Directors at their sole discretion or by the Directors’ duly appointed delegate. The Sub - Fund may redeem the remaining holdings of any Shareholder who redeems his holdings below the foregoing minimums. These investment management fees will be accrued daily based on the Net Asset Value of the Sub - Fund as of the relevant Dealing Day and will be paid monthly in arrears. The fees of the Management Company will be discharged from the above investment management fee amounts, in a manner agreed between the Fund and the Management Company.
The TER attributable to the Classes of the Sub - Fund, as set out in the table below , incorporate the fees and expenses of the Sub - Fund, the Management Company/Investment Manager, the Sub - Investment Manager, Administrator and Depositary, any
distribution fee where appropriate, and certain other expenses of the Sub - Fund as set forth in the section entitled “Fees and Expenses” in the Prospectus. The Management Company has voluntarily agreed to reimburse such portions of its fees as is necessary to ensure that the total expense ratio attributable to each Class shall not exceed the above rates .
Index Disclaimer
In all documents and other mediums in which the Licensee uses the Data, Licensee shall identify HFR as the source of the Data by using the following form of identification: “ Source: Hedge Fund Research, Inc. (HFR) ” and, where applicable, shall also include HFR’s logo. Licensee acknowledges that “Hedge Fund Research, Inc.” and “HFR”(collectively, “ Trademarks ”) are proprietary to and owned by HFR and shall use the Trademarks only in connection with the Data in accordance with the provisions hereof. HFR grants Licensee the right to, and Licensee shall, use the Trademarks solely in accordance with the provis ions hereof. The right to use the Trademarks is non assignable, non - exclusive ,cannot be sub - licensed by Licensee and except as provided herein, does not give Licensee any rights of any kind or nature whatsoever in or to the Trademarks, nor does it vest an y ownership rights in the Licensee in or to the Trademarks; it being agreed and understood that all intellectual property rights of any kind or nature in or related to the Trademarks or the Data are and will at all time s remain the exclusive property of HF R, whether or not specifically recognized or perfected under applicable law. The Licensee will not combine the Trademarks with any other logo, trade name, trademark, name, symbol or mark without HFR’s prior written approval. Licensee will not receive any c ompensation or remuneration of any kind or nature for any increased goodwill ,improved reputation or other benefits arising, either directly or indirectly, from Licensee’s use of the Trademarks or the license herein granted to use the Data.
Share* B I A
Share Class Currency unhedged
AUD, CAD, CHF, DKK, EUR, GBP , HKD, JPY, NOK, NZD, SEK, SGD, USD
AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, USD
AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, USD
Share Class Currency hedged
AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, USD
AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, USD
AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, SGD, USD
Minimum initial investment and ongoing holding**
USD 10,000,000 , or equivalent in the relevant Class Currency
USD 3,000,000 , or equivalent in the relevant Class Currency
USD 50,000 , or equivalent in the relevant Class Currency
Minimum subsequent investment* *
USD5,000 ,or equivalent in the relevant Class Currency
USD5,000 ,or equivalent in the relevant Class Currency
USD5,000 ,or equivalent in the relevant Class Currency
Fees Unh edge d
Hed ged Unhed ged Hedge d Unhed ged Hedged
Investment Management Fee (bps)
0.0 0%
0.0 0%
0.25 %
0.28 %
0.30 % 0.33%
Maximum TER (bps) 0.1 0%
0.1 1%
0.35 %
0.39 %
0.40 % 0.44%
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