Lennox Capital

Lennox Capital Global Equities ("The Strategy") is a long-only equities strategy executed via an Actively Managed Certificate ("AMC") issued by UBS Jersey. It is designed to capture long-term total returns through active stock selection. The Strategy seeks to achieve this mainly through capital appreciation, with dividends providing a secondary source of returns. The portfolio is industry-agnostic and is limited to public equities that have a minimum market capitalization of $10 billion, are headquartered in an Advanced Economy (as defined by IMF) and have at least 10 years of trading history. The Strategy follows a rules-based approach that is primarily designed to capture highly profitable companies with consistently strong relative performance, but may also capture other factors such as value, growth and momentum. The Strategy is managed with a long-term horizon and will typically be fully invested in 100 stocks. The Strategy is unhedged, unlevered and does not use derivatives. The AMC charges a 1% Management Fee and no Performance Fee. Additional charges may apply.