Category: Open Ended Investment Company

The objective of the Fund is to increase the value of the Fund (capital appreciation) over the long term. The Fund intends to achieve this objective through investment in a portfolio of well-managed, long-term growth companies. The Fund will invest at least two-thirds of its assets in securities issued by companies listed or traded on Indian or world regulated markets that have their headquarters in, or principally carry out their activities in India. The Fund may also invest in aggregate up to 10% of its assets in shares issued by listed companies that have their headquarters in, or principally carry out their activities in Pakistan, Bangladesh and Sri-Lanka. While the Fund will primarily invest in shares and other securities related to shares, it may also invest in real estate investment trusts (REITs) and, where it is deemed in the best interest of investors, in investment grade debt securities issued or guaranteed by the government of India, the U.S. or any European Union member state. The base currency of the Fund is USD. The Fund is actively managed. This means that the Fund manager applies a detailed fundamental analysis in order to selectively pick companies in a discretionary manner. The Fund is not managed relative to a benchmark index. Income earned by the Fund is fully reinvested. Due to the long-term objective of the Fund, the Fund may not be appropriate for investors who plan to invest for less than 5 years. Shares in the Fund trade every day that is both a business day in Dublin and a day where the primary trading exchanges in India are open for business. You can place an order to buy or sell shares on any such day.