Objectives and Investment Policy
This Fund is in the process of being terminated.
The Fund aims to grow your investment.
The Fund will invest primarily in shares of companies established or operating in emerging market countries, but excluding investments in either the tobacco industry or casinos and the gaming sub-industry, as defined by the Global Industry Classifications Standard, which are typically countries that are still developing their economies. The Fund will invest primarily in Asia, Eastern Europe, the Middle East, Africa and Latin America.
The portfolio will not invest in companies classified as being in either the tobacco industry or casinos and the gaming sub-industry, as defined by the Global Industry Classification Standard. This is not intended to exclude companies with incidental revenues from tobacco, such as supermarkets.
The Fund can use derivatives (financial instruments whose value is linked to the rise and fall of other assets) for the purposes of efficient portfolio management, with the aim of managing risk and cost.
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.
