Investments

Portfolio companies displayed are for illustrative purposes only and provide an example of certain investments made by Factorial Funds as of September 2025 and do not purport to be a complete list of all of Factorial Funds's investments. Examples shown include certain fully realized investments. References or logos of the investments displayed should not be construed as a recommendation of any particular investment or security and the selection criteria for the spotlighted investments is intended to demonstrate the breadth and type of investments Factorial Funds has made in the past and is not a list of Factorial Funds's top performing portfolio investments. A complete list of Factorial Funds's investments is available upon request. It should not be assumed that investments made in the future will be comparable in quality or performance. Additional disclosures and other important information are available at: www.factorialfunds.com/disclosures