Category: SICAV

Investment Objective The Fund aims to achieve a combination of growth and income and is designed for investors seeking exposure to companies in Emerging Markets countries. The Fund aims to outperform the MSCI Emerging Markets Index (USD) benchmark before charges. Investment Policy Portfolio Securities The Fund invests mostly in equities and equity related securities of companies based, or carrying out much of their business, in Emerging Markets Countries. The Fund may invest up to 30% of its net assets in Mainland China equity and equity-related securities, although only up to 10% through available QFII and RQFII quotas, the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programme or by any other available means. Management Process The Fund is actively managed. The benchmark is used as a reference point for portfolio construction and as a basis for setting risk constraints. In order to achieve its objective, the Fund will take positions whose weightings diverge from the benchmark or invest in securities which are not included in the benchmark. The investments of the Fund may deviate significantly from the components and their weightings in the benchmark. Due to the active nature of the management process, the Fund's performance profile may deviate significantly from that of the benchmark over the longer term. Derivatives and Techniques Derivatives will only be used for hedging or to provide exposures that could be achieved through investment in the assets in which the Fund is primarily invested. Usage of derivatives is monitored to ensure that the Fund is not exposed to excessive or unintended risks. Investors in the fund may buy and sell shares on any dealing day (as defined in the Prospectus). If you invest in income shares, income from investments in the fund will be paid out to you. If you invest in accumulation shares, income will be added to the value of your shares. Recommendation: the fund may not be appropriate for investors who plan to withdraw their money within five years. Investors should satisfy themselves that their attitude to risk aligns with the risk profile of this fund before investing.