PassIM Structured Funds plc was incorporated under the laws of Ireland on 2 November 2006, as an undertaking for collective investment in transferable securities pursuant to the UCITS Regulations and the Central Bank (Supervision And Enforcement) Act 2013 (Section 48(1)) (UCITS) Regulations 2019 (the “Central Bank UCITS Regulations”). The Company has adopted an “umbrella” structure to provide both institutional and individual investors with a choice of different sub-funds. Each sub-fund will be differentiated by its specific investment objective, policies, currency of denomination or other specific features. A separate pool of assets is maintained for each sub-fund and is invested in accordance with each sub-fund’s respective investment objective and policy.