Key Investor Information 25.03.2015, 1/2

This document provides you with key investor information you can make an informed decision about whether to about this fund. It is not marketing material. The informa- invest. tion is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so

Share Class (EUR) B of the LGT Select Equity (the "Fund") a subfund of the LGT Select Funds ISIN/Valor: LI0026536404/2653640

LGT Capital Partners (FL) Ltd., Herrengasse 12, FL-9490 is the Management company of this Fund. The Management company is part of the LGT Group.

1. Objectives and Investment Policy The objective of this Fund is to achieve reasonable capital vestors with a long-term investment horizon who primarily growth. External asset managers are entrusted with the man- aim for growth of the capital invested and are prepared to agement of the LGT Select Funds. The Fund invests at least accept greater fluctuations and a fall in the net asset value two thirds of its assets in equities and equivalent securities is- that may last for an extended period. sued by European companies and comparable funds. Derivat- ives (securities derived from other securities or transactions) may be used, at an increased risk of loss, for hedging pur- poses, to increase profit opportunities and to efficiently im- plement the investment policy. The individual securities are selected by the asset manager. The returns are reinvested in- to the Fund and increase the value of the units (reinvesting Fund). Investors may request at least once a week, on the first bank business day of the week in the repur- chase (redeem) of the units. The Fund is suitable for in-

2. Risk and Reward Profile

Typically lower rewards and lower risk Typically higher rewards and higher risk

1 2 3 4 5 6 7

This risk indicator is based on historical data; future develop- Risks from the use of financial instruments: the Fund ments can therefore not be predicted. The classification of may use financial techniques, such as derivatives or securit- the Fund may change in the future and is not a guarantee. ies lending, to increase the return potential of the Fund. This Even a fund classified in category 1 is not a completely risk- increased return potential is associated with higher risks of free investment. loss. Operational and custodial risks: the Fund could fall vic- The LGT Select Equity Europe has been classified as cat- tim to criminal activity. It may also suffer losses as a result of egory 6, as its unit price usually fluctuates strongly, which misunderstandings or errors made by employees of the Man- means that both the risk of loss and profit opportunities are agement Company or a custodian or external third parties. Fi- high. nally, the management or the custody of the assets may also be negatively impacted by external events such as fires, nat- The following risks have no immediate impact on this classi- ural disasters and similar events. fication, but could nevertheless be of relevance: Credit risks: the Fund may invest part of its assets in debt se- For further information on the Fund's risks, please refer to curities or equivalent securities. The issuers of such securities the detailed description in the prospectus. may become insolvent which would cause the securities to lose all or a major part of their value. Liquidity risks: the Fund may invest part of its assets in fin- ancial instruments that are, by their nature, sufficiently li- quid, but may drop to a relatively low level of liquidity under certain circumstances. It may prove difficult to find a buyer for such securities at short notice. This may increase the risk that the redemption of units will be suspended. Default risks: the Fund may enter into transactions with one or more counterparties. If a counterparty becomes insolvent, it may no longer be able to fulfil, in whole or in part, its oblig- ations to the Fund. Key Investor Information 25.03.2015, 2/2

3. Charges

One-off charges taken before or after you invest The fees and other charges are used to cover the ongoing Entry charge: maximum 5.00% management and custody of the Fund's assets as well as, for Exit charge: none certain share classes, marketing and distribution. Costs in- This is the maximum that might be taken out of your money before it is curred reduce the investor's return potential. invested or before the proceeds of your investment are paid out. The ongoing charges shown here were accrued during the Charges taken from the Fund over a year latest financial year of the Fund, which ended on Ongoing charges: 2.18% 30.11.2014. These charges can fluctuate from year to year. Charges taken from the Fund under certain specific conditions For further information on fees and charges and their calcu- lation, please refer to the prospectus. Performance fee: maximum 25% a year of any returns the Fund achieves above the benchmark for these fees. The ongoing charges do not include:

▪ performance fees ▪ portfolio transaction costs (except entry charges and exit charges which are borne by the Fund when purchasing and selling other investment funds)

4. Past Performance

LGT Select Equity Europe (EUR) B Past performance is no guarantee of any particular per- MSCI Europe Index (EUR) (NR) formance, neither present nor future.

For calculation purposes, all fees and charges, other than 31.60%

40.0% 28.90% 26.08% 25.54% 25.47% 24.48% 22.50% 19.82%

19.62% entry charges and exit charges, have been deducted. 17.29% 14.20% 11.09% 6.84% 20.0% 5.85% 2.70% 0.10% 0.0% -20.0% LGT Select Equity Europe (EUR) B launch date: -40.0% 30.06.1990/02.05.2005/19.10.2006*. -60.0% -8.08% -80.0% -11.39% Performance is calculated in EUR. -43.65% -45.77%

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 * LGT Select Equity Europe (EUR) B was approved as an under Liechtenstein law on 10 October 2006. It is based on the same investment policy as the predecessor fund, whose assets were transferred to the LGT Select Equity Europe (EUR) B with effect from 19.10.2006. The track record has been transferred for this product.

5. Practical Information LGT Bank Ltd., www.lgt.com., acts as the depositary of the sion of Units" contains additional information on the conver- Fund. The share class B shown in this key investor informa- sion of units and the current conversion fee. LGT Capital Part- tion is representative of all other share classes B, share classes ners (FL) Ltd. may be held liable solely on the basis of any I1, IM, C of this Fund. Details of all share classes and the statement contained in this document that is misleading, in- Fund, in particular the prospectus, the latest reports and the accurate or inconsistent with the relevant parts of the pro- latest share prices, are available free of charge, in the Ger- spectus for the UCITS. This Fund is authorized in Liechten- man language, on the website of the Liechtenstein Invest- stein and regulated by the Financial Market Authority (FMA). ment Fund Association (Liechtensteinischer Anlagefonds- LGT Capital Partners (FL) Ltd. is authorized in Liechtenstein verband, “LAFV”), www.lafv.li. To the extent required by and regulated by the FMA. This Key Investor Information is law, any information, communications to investors in particu- accurate as at 25.03.2015. lar, is also published in the relevant media of the distribution Representative for is LGT Capital Partners Ltd., countries outside Liechtenstein. The management company Schützenstrasse 6, 8808 Pfäffikon. Paying agent for Switzer- may opt to temporarily suspend the repurchase of units if ex- land is LGT Bank (Switzerland) Ltd., Lange Gasse 15, 4002 traordinary conditions are deemed to require such suspen- . The current prospectus, including the Unit Trust Agree- sion, taking into consideration investor interests. The Fund is ment, important investor information (Key Investor Informa- subject to the tax laws of Liechtenstein. This may affect the tion Document) as well as the annual and six-monthly re- manner in which you/your income from the Fund is taxed. In- ports (if already published) are available, free of charge, at vestors are advised to consult their own professional ad- the representative's registered office in Switzerland and on visers with regard to the relevant tax implications. LGT Se- the website www.fundinfo.com. lect Equity Europe is a subfund of LGT Select Funds. The vari- ous subfunds are not mutually liable for each other. That means that only the profits or losses of the LGT Select Equity Europe itself are of relevance to its investors. Investors can switch, at any time, between subfunds. The section "Conver-