MI Select Managers Global and Emerging Opportunities Fund - O Income Shares

Objectives and Investment Policy

The Fund will aim to achieve long term capital growth and income measured over a period of at least 5 years. 

The Fund seeks to take advantage of specific opportunities across global equity markets (including both emerging and developed markets) by investing at least 80% directly or indirectly (including through derivatives for equity exposure) in a diverse range 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, headquartered, or that have a significant part of their activities in developed and emerging countries. Emerging countries are countries which are progressing towards becoming advanced, usually displayed by some development in financial markets, the existence of some form of stock exchange and a regulatory body. The Asset Allocation Manager's strategy is to take advantage of opportunities across both emerging and developed markets, adjusting allocations based on prevailing market conditions and investment opportunities. This approach may mean that the Fund is more heavily biased to emerging markets in some market conditions or towards developed markets in other circumstances. At launch the Fund will only have emerging markets exposure but this exposure is expected to decrease in the first year as the Asset Allocation Manager looks to take advantage of opportunities in developed markets and ongoing will have allocations to both markets in line with the policy stated above. 

The indirect exposure of the Fund will be achieved through 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 has a multi-manager structure, which means that its assets are managed by a number of Specialist Investment Managers, appointed and monitored by the Fund's Asset Allocation Manager. Each of these Specialist Investment Managers has discretion to select investments for an assigned portion of the Fund's assets. 

The Fund can use derivatives, which are sophisticated instruments whose value is linked to the rise and fall of other assets, for investment purposes to generate market exposure that exceeds the value of its assets and for the purposes of hedging and efficient portfolio management, with the aim of managing risk and cost. 

The Fund is actively managed. This means the Specialist Investment Manager uses their expertise to pick investments to achieve the Fund's objective. 

Any income this share class generates will be paid out to you. 

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 five years. 

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

Price displayed in GBP pence.

Status of all data (unless otherwise stated): Wednesday, 11 February 2026