Fund Factsheet Template (UCITS, SEC Marketing Rule)

Fund Factsheet: [Fund name], [share class], as at [YYYY-MM-DD]

Monthly factsheet for one fund share class: key facts, objective and strategy, performance (cumulative, annualised and calendar-year), risk indicators, portfolio composition, fees and costs, sustainability classification, manager commentary and the warnings and disclosures that marketing rules require, plus the production and approval workflow behind it. Based on the EU rules for fund marketing communications (Regulation (EU) 2019/1156 Article 4, Delegated Regulation (EU) 2017/565 Article 44, Regulation (EU) 2019/2088 Article 13) and the US rules for adviser and fund advertising (17 CFR 275.206(4)-1 and 17 CFR 230.482), as in force in 2026-10. The worked example is a fictional fund of the fictional manager Kestrel Bay Capital. Replace every [bracketed] value and every row marked Example. This is a document format, not investment, legal, tax or accounting advice, and not an offer of any security. Obtain the rules for the normative text.

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Revision history

Contents

1. Key facts
2. Objective and strategy
3. Performance
4. Risk indicators
5. Portfolio composition
6. Fees and costs
7. Sustainability
8. Manager commentary
9. Important information and warnings
10. Production, data and approval
11. Glossary and references

1. Key facts

Example: Kestrel Bay Global Quality Equity Fund (fictional) is a sub-fund of [Umbrella name], a UCITS domiciled in [EU member state], with [Management company] as management company. Kestrel Bay Capital Europe is the delegated investment manager and the distributor in the EU. It runs the same global quality strategy as Kestrel Bay Capital's Global Quality Equity Composite, but it is a separate firm with its own record (Performance Composite Report, section 1.1), so the fund is not a member of that composite and its returns below are its own. Share class I USD Acc launched on 2018-10-01 at USD 100.00; NAV per share at 2026-09-30 is USD 211.98; fund size USD 412.6 million. The benchmark is [a broad developed and emerging market equity index, net dividends reinvested, USD], used for performance comparison only; the fund is actively managed and does not track it.

1.1 Share classes

2. Objective and strategy

Example: The fund aims to grow capital over at least five years by investing in listed shares of companies worldwide that earn high and stable returns on capital. The manager selects 40 to 60 companies through fundamental research and builds a portfolio without reference to benchmark weights. Derivatives are used only to hedge the currency of hedged share classes. The recommended holding period is five years.

3. Performance

All figures are for share class I USD Acc, in USD, net of ongoing charges and transaction costs, with income reinvested, calculated NAV to NAV. Past performance does not predict future returns.

3.1 Cumulative and annualised returns to 2026-09-30

How the figures are built (Example):

• Monthly fund returns in 2026: January 1.80, February -0.90, March 2.10, April -3.40, May 2.60, June 1.90, July 2.35, August -0.78, September 1.47 (%). Linking them gives a year-to-date return of 7.19%; linking July to September gives 3.04%.
• 1 year: fourth quarter 2025 (3.20%) linked with year to date: 1.0320 x 1.0719 = 1.1062, so 10.62%.
• 3 years: fourth quarter 2023 (9.80%), 2024 (13.20%), 2025 (10.90%) and year to date: 1.0980 x 1.1320 x 1.1090 x 1.0719 = 1.4776; to the power 1/3 minus 1 = 13.90% a year.
• 5 years: fourth quarter 2021 (6.10%), 2022 to 2025 and year to date: cumulative 43.59%; to the power 1/5 minus 1 = 7.50% a year.
• Since launch: eight complete years from 2018-10-01, cumulative 111.98% (NAV 100.00 to 211.98); annualised 9.85%.
• Benchmark: the same linking applied to the index provider's series. Its calendar years match the benchmark column of the Performance Composite Report (finance/performance-composite-report), and its July to September 2026 months (1.985, -0.774, 1.440%) match the Performance Attribution Report (finance/performance-attribution-report): 1.01985 x 0.99226 x 1.01440 = 1.02653, so 2.65% for three months. Since launch: fourth quarter 2018 (-12.80%), 2019 to 2025 and year to date (5.92%) give 2.1350, so 113.50% cumulative and 9.94% a year.

3.2 Calendar-year returns

Show complete 12-month periods only. In the EU, information on past performance must cover the preceding five years (or the whole period since launch if shorter) in complete 12-month periods, state the reference period and source, and carry a prominent warning (Delegated Regulation (EU) 2017/565 Article 44(4)). The partial launch period (2018-10-01 to 2018-12-31, fund -11.20%, benchmark -12.80%) is not shown as a calendar year.

3.3 Growth of 10,000

Show a line chart of an initial 10,000 in the share class currency invested at launch, against the benchmark, using month-end values. Example: USD 10,000 invested at launch was worth USD 21,198 at 2026-09-30 (fund) and USD 21,350 (benchmark), before any entry or exit charges a retail investor may pay.

4. Risk indicators

Example: fund Sharpe ratio = (13.90 minus 4.20) / 13.10 = 0.74; benchmark = (16.00 minus 4.20) / 13.60 = 0.87.

4.1 Principal risks

List the risks from the prospectus or key information document that matter most for this fund, in short plain sentences:

5. Portfolio composition

5.1 Top 10 holdings

All company names are fictional.

5.2 Sector and region weights

In this Example the benchmark has been simplified to five sectors so that it matches the attribution report; a real broad index has more sectors, and the table should list all of them.

5.3 Portfolio characteristics

Define each statistic in the glossary, state its source and date, and use the same method every month.

6. Fees and costs

Example: the ongoing charges of 0.85% include the 0.75% management fee and 0.10% of administration, custody and other operating costs. On an investment of USD 1,000,000, ongoing charges are about USD 8,500 a year and transaction costs about USD 800 a year, assuming a constant value.

Costs reduce returns. For EU retail investors, cost figures must not contradict the key information document; refer readers to it and to the prospectus for the full cost disclosure.

7. Sustainability

Example: the fund promotes environmental and social characteristics (an Article 8 product under Regulation (EU) 2019/2088). It excludes companies above the revenue thresholds set out in its pre-contractual disclosure for thermal coal and controversial weapons. Article 13 of that Regulation requires marketing communications not to contradict the sustainability disclosures, so this section repeats them only in summary. SFDR 2.0, the Commission proposal COM(2025) 841 to amend that Regulation, is a proposal and not law as of 2026-10: the European Parliament and the Council have adopted their negotiating positions and trilogue negotiations are under way; check the current status before each edition.

8. Manager commentary

[Two to four short paragraphs, at most about 200 words: market background, main contributors and detractors, changes made to the portfolio, and current positioning. Avoid predictions of returns.]

Example: Global equities rose in September as inflation data eased. The fund returned 1.47%, slightly ahead of the benchmark (1.44%). Northgate Instruments contributed most after raising its guidance, while Brightmoor Bank detracted as expectations for bank margins fell. Over the quarter, stock selection in industrials added most to relative return, while not owning a large semiconductor company that led the benchmark was the biggest single cost. During the month the manager reduced the position in Halden Foods and added to a new holding in the health care sector. The portfolio remains overweight health care and information technology and underweight financials and consumer staples. Detailed attribution for the strategy's representative portfolio is in the quarterly attribution report.

9. Important information and warnings

9.1 Warnings to show prominently

• Past performance does not predict future returns. The value of investments and the income from them can fall as well as rise, and investors may get back less than they invested.
• Currency. Where returns are shown in a currency other than the investor's own, the return may rise or fall because of exchange-rate movements.
• Marketing communication. This is a marketing communication. Read the prospectus and the key information document before making any final investment decision.
• No advice. This factsheet does not take account of any investor's objectives or circumstances and is not a recommendation.

9.2 Requirements by jurisdiction (as of 2026-10; check local law)

Insert the legal notices for each distribution country here (for example the representative and paying agent in countries that require them), the index provider attribution line required by the benchmark licence, and the data sources and their dates.

9.3 Issuer statement

Example: Issued by Kestrel Bay Capital Europe, [authorised and regulated by [regulator] in [country]], for [professional and retail] investors in [countries]. [Umbrella name] is a UCITS authorised in [country]. The prospectus, key information documents (in [languages]) and a summary of investor rights (in [languages]) are available free of charge at [website] and from [address]. The management company may decide to terminate the arrangements for marketing the fund in any country.

10. Production, data and approval

Keep each published edition, its data file and its approval record for the period required by the applicable record-keeping rules; for a US adviser, check 17 CFR 275.204-2.

11. Glossary and references

11.1 Glossary

11.2 References

Standard and licence note

Based on EU legislation (Regulation (EU) 2019/1156, Delegated Regulation (EU) 2017/565, Regulation (EU) 2019/2088 and Regulation (EU) No 1286/2014, reused from EUR-Lex with acknowledgement), the ESMA guidelines on marketing communications (cited by reference; ESMA does not endorse this template) and US federal rules (17 CFR 275.206(4)-1 and 17 CFR 230.482, public domain), all cited by article or section and summarised in original wording. FINRA and FCA rules are cited by number or reference only. The fund, managers, companies and figures in the worked example are fictional. The text is original. Check the current official versions and local law in each distribution country before use. This is a document format, not investment, legal, tax or accounting advice. Template licence: MIT.