MI Canaccord Wealth Global Equity Fund - A Income Shares

Objectives and Investment Policy

The Fund aims to provide long term (a period of at least  years) income and capital growth.

The Fund will invest at least 80% directly in a diversified portfolio of global equities in any sector and which are traded on a public exchange.

Global equities are defined as those that are issued by companies domiciled in, or that have a significant part of their activities in developed countries. Developed countries are defined as those classified by the International Monetary Fund as ‘Advanced Economies’. Whilst the Fund can invest globally in Developed countries, there may be times where investment is more heavily weighted to a particular country or region due to market conditions.

The Fund may also invest in collective investment schemes, exchange traded funds, investment companies or investment trusts, anywhere in the world and in any sector (and may be funds managed by the ACD or other third party managers).

The Fund may also invest (at the Investment Managers’ discretion) in Emerging Market equities (either directly or indirectly). Emerging Market equities are defined as those that are issued by companies domiciled in, or that have a significant part of their activities in Emerging countries. Emerging countries are defined as those classified by the International Monetary Fund as ‘Emerging and Developing Economies’. The exposure to Emerging Market equities will not exceed 20%. The Fund may additionally invest in a range of other investments, including other transferable securities (including government bonds and corporate bonds), money market instruments, depositary receipts and cash and near cash.

The Fund may invest in derivatives for the purposes of hedging with the aim of reducing the risk profile of the Fund in accordance with the principles of Efficient Portfolio Management. Efficient Portfolio Management is a technique used by the Investment Manager to reduce risk and cost in the Fund, including through hedging (to manage currency exposure) or to generate extra income or growth in line with the risk profile of the Fund.

You can buy and sell shares on any business day in London.

Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years.

For full investment objectives and policy details please refer to the Prospectus.

Price displayed in GBP pence.