LNG Europa

Credit Fund

Fund Investment Objectives

The investment objective of the Fund is to achieve a significant return over an investment cycle through active investment principally (but not exclusively) in European corporate debt instruments. In addition to corporate debt instruments, the Fund's positions may include (directly or indirectly) all parts of the capital structure of any Issuer, all derivatives thereon and certain commodity and currency instruments, and indices or baskets (and derivatives thereof) on any of the foregoing. The Sub-Advisor may take long and short outright positions for the Fund, as well as in arbitrages or hedges, using methods characterized as active management. These methods may, from time to time, involve the use of leverage and of high turnover.