Welf Yield is a perpetual investment note tailored for professional investors only. It offers a smart, balanced exposure to fixed-income markets through a Luxembourg-based securitization structure. With a conservative yet opportunistic approach, it’s crafted for those seeking consistent, risk-adjusted returns within a robust and flexible framework.

Welf Yield is not available to:

• Retail investors in the European Economic Area (EEA)
• U.S. Persons, as defined under Regulation S of the U.S. Securities Act of 1933
• Any individual or entity that does not qualify as an eligible counterparty or professional client under MiFID II

This product is distributed via private placement only and is not intended for public distribution.

The strategy maintains a 50/50 allocation between two categories:

• Conservative Foundation: Minimum 50% in low-risk assets such as cash, term deposits, sovereign and government-backed bonds.
• Yield Enhancement: Up to 50% in corporate bonds and private debt notes, targeting enhanced returns without compromising stability.

Welf Yield offers flexible liquidity, with:

• Redemptions processed at month-end, with a required 5 business day notice.
• Investors must submit their redemption request at least five business days before the end of the month.
• If the notice is received later, the redemption will be executed at the end of the following month.

The minimum investment is €100,000 or $100,000, depending on the currency denomination selected. This offering is strictly for eligible counterparties and professional investors under MiFID II.