Lakehouse Global Growth Fund Sold LVMH Moët Hennessy – Louis Vuitton, Société Européenne (LVMUY) Due to Softening Market Sentiment

Group 1: Fund Performance - Lakehouse Global Growth Fund achieved a return of 33.4% net of fees and expenses in the past year, outperforming its benchmark which returned 18.4% [1] - Since its inception in December 2017, the Fund has delivered a total return of 254.4%, significantly higher than the benchmark's 139.9% [1] Group 2: LVMH Moët Hennessy - Louis Vuitton Analysis - LVMH Moët Hennessy - Louis Vuitton, Société Européenne (OTC:LVMUY) had a one-month return of 2.29% but experienced a 21.38% decline over the last 52 weeks, with a market capitalization of $299.942 billion as of September 26, 2025 [2] - The company is recognized as a dominant player in the luxury goods sector and has historically contributed positively to the Fund's performance [3] - Despite its strong market position, early signs of a softening luxury segment prompted the Fund to reduce its holdings in LVMH, ultimately exiting its remaining stake in April due to a lack of improvement in outlook [3] Group 3: Hedge Fund Interest - LVMH Moët Hennessy - Louis Vuitton is not among the 30 most popular stocks among hedge funds, with only 2 hedge fund portfolios holding the stock at the end of the second quarter, unchanged from the previous quarter [4] - The company is acknowledged for its investment potential, but the Fund suggests that certain AI stocks may offer greater upside potential with less downside risk [4]