Asgard Fixed Income Fund I

Ltd (EURO)

Fund Investment Objectives

The investment strategy of the Asgard Fixed Income Fund focuses on relative value fixed income investment opportunities in European fixed income markets with a Scandinavian bias. The fund trades and invests long and short in government, mortgage, covered and index-linked bonds with a minimum credit rating of Aa3 or equivalent and both listed and OTC fixed income derivatives. The objective is to generate a consistent long-term high risk-adjusted return. AUM reflects Strategy Assets.