INVESTMENT INVOLVES RISKS. The value of the Sub-funds can be volatile, and investors may not get back the full amount invested.

Robeco Capital Growth Funds is an umbrella fund comprising various sub-funds (“Sub-funds”), distinguished by their respective specific investment policies or other specific features. Please read carefully for the risks of the Sub-funds:

• Some Sub-funds are subject to equity investment risk, market risk, currency risk, concentration risk and liquidity risk.

• Some Sub-funds are subject to Chinese A share risk, risk relating to ChiNext market and/or the STAR Board, risk in small- and/or mid-capped companies.

• Some Sub-funds may invest in emerging and less developed markets which may involve additional risks such as legal uncertainty, social, political and economic instability, currency control and account and taxation issues, etc.

• Some Sub-funds may invest in fixed income securities and are subject to interest rate risk, credit risk, risk of investment in non-investment grade or unrated securities, risks associated with sovereign debt securities, valuation risk and counterparty risk. A Sub-fund may also invest in debt instruments with loss-absorption features, which are highly complex and are of higher risk, potentially resulting in a significant or total reduction in value.

• Some Sub-funds may have investments concentrated in a single region, country or one sector. The value of these Sub-funds may be more susceptible to adverse economic, political, policy, foreign exchange, liquidity, tax, legal or regulatory event affecting the region, country or sector.

• Some Sub-funds may invest in China A shares directly through the Qualified Foreign Investor (“QFI”) scheme and/ or Stock Connect programs which may entail additional clearing and settlement, regulatory, operational, counterparty, taxation and liquidity risks.

• Some Sub-funds may engage in securities lending transactions which may involve the risk that the recipient may fail to return the lent securities on the agreed date or furnish the requested additional collateral if required. This could result in losses and negatively impact the relevant Sub-fund’s net asset value.

• Some Sub-funds may invest in financial derivative instruments and are subject to high leverage risk and risk of implementing active derivative and currency position not correlated with the underlying assets. Some Sub-funds may have a net leveraged exposure of more than 100% of their respective net asset value. This may magnify any potential negative impact of any change in the value of the underlying asset on the respective Sub-funds. Other risks associated with derivatives include substantial counterparty, liquidity and hedging risks, as well as higher volatility or even a total loss of the relevant Sub-fund's assets within a short period of time.

• Some Sub-funds may use financial derivative instruments for hedging and efficient portfolio management, and/or for investment purposes or to attempt to hedge or reduce the overall risk of its investments. These instruments carry higher risks such as counterparty, liquidity, valuation, volatility, and over-the-counter transaction risks. The use of financial derivative instruments can involve leverage which could potentially lead to significant losses for the Sub-funds.

• Investors holding accumulation shares of a Sub-fund will not receive any distributions. Instead, the income due to them will be automatically reinvested and added to the relevant Sub-fund and will thus contribute to a further increase in the value of the total net assets.

• Investors holding distributing share classes of certain Sub-funds may receive dividend distributions paid out of capital. Distributions out of capital may result in an immediate reduction of the net asset value per share of the relevant class. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment.

• Investors may suffer substantial losses of their investments in the Sub-funds. Investors should not invest in the Sub-funds solely based on the information provided in this website and should read the offering documents for details (including the risk factors).