The fund aims to provide: a growing income over any three-year period; and capital growth of 2-4% on average per year over any three-year period. Core investment: The fund typically invests directly in a mix of income- generating assets within the following allocation ranges: 40-80% in fixed income securities (including bonds and asset-back securities); 10-50% in company shares; 0-20% in other assets (including convertibles and contingent convertible debt securities). The fund may also invest in these assets via derivatives or through other funds. The fund may invest in China A-Shares and in Chinese bonds denominated in renminbi. A minimum of 70% of the fund in euro or hedged back to euro. Other investments: The fund may invest in other funds and cash or assets that can be turned into cash quickly. Derivatives: The fund may invest via derivatives and use derivative to reduce the risks and costs of managing the fund. Strategy in brief: The fund employs is actively managed with a highly flexible investment approach. The investment manager has the freedom to allocate capital between different types of assets in response to changes in economic conditions and asset prices. The approach combines in-depth research to work out the 'fair' value of assets over the medium to long term, with analysis of the market's short-term reactions to events, to identify investment opportunities. The fund seeks to manage risk by investing globally across multiple asset classes, sectors, currencies and countries. Where the investment manager believes opportunities are limited to a few areas, the portfolio may be very concentrated in certain assets or markets. The investment manager normally seeks to hold at least 70% of the fund in euros. Benchmark: The fund is actively managed and it has no benchmark. Investors can assess the performance of the fund by its objective to provide a growing level of income and capital growth of 2-4% per annum, both measured over any three-year period. You can find more information about the objective and investment policy of the fund in the Prospectus. You can find an explanation of some of the terms used in this document in the glossary at https://docs.mandg.com/docs/glossary-master-en.pdf Other information You can buy and sell shares in the fund on any business day. Instructions received before 13:00 Luxembourg time will be dealt at that day’s price. Any income from the fund may be paid out to you quarterly. In addition to the charges set out in the charges section, the fund will incur portfolio transaction costs which are paid from the assets of the fund. These may have a material impact on your returns. Recommendation: This fund may not be appropriate for investors who plan to withdraw their money within 3 years.