Emirates NBD SICAV Emirates Active Managed Fund Term Sheet

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1 Investment Objective The (the Fund ) is a Sub-Fund of the Emirates NBD SICAV that will invest globally through collective investment schemes in a range of asset classes with the aim of providing long-term capital growth and with a strong bias of normally up to 70% towards global equity markets. It will however seek to reduce the volatility traditionally associated with investments in securities markets by offering some diversification across asset classes. For complete details, together with a full list of the Fund s investment restrictions, please refer to the latest Prospectus, available upon request. Type Fund Manager Investment Manager Sub-Investment Manager Open ended, UCITS compliant SICAV MDO Services, Regulated by Dubai Financial Services Authority Jupiter Asset Management Limited Share Classes A Share Class B Share Class C Share Class G Share Class A (USD) Acc B (USD) Acc C (USD) Acc G (USD) Acc B (GBP) Acc C (GBP) Acc Minimum Initial Investment A Share Class B Share Class C Share Class G Share Class USD 25,000 USD 25,000 USD 25,000 USD 25,000 GBP 15,000 GBP 15,000 Minimum Top-up A Share Class B Share Class C Share Class G Share Class USD 10,000 USD 10,000 USD 10,000 USD 10,000 GBP 5,000 GBP 5,000 Page 1 of 5

2 Dealing frequency Upfront Fee Daily A and G Share Classes: Up to 5%, unless otherwise specified [Agreed bid/offer spread %] Signature: B and C Share Classes: 0% Annual Management Fee A Share Class: 1.50% p.a. B*, C* and G* Share Classes: 1.60% p.a. Redemption Fee A and G Share Classes: 0% B Share Class: 1.20%, applicable for redemptions during the first 12 months C Share Class: Period Exit Fee Up to 12 Months 5.0% 12 months to 24 months 4.0% 24 months to 36 months 3.0% 36 months to 48 months 2.0% 48 months to 60 months 1.0% More than 60 months 0% Switching Administrator It is possible to switch between all the Share Classes, subject to meeting the minimum requirements of each Share Class at the time.** State Street Fund Services (Luxembourg) Limited Custodian Auditors Legal Counsel State Street Custodial Services (Luxembourg) Limited Ernst and Young (Luxembourg) Arendt & Medernach *An additional distribution fee of 0.50% p.a applies ** Switching between share classes will be considered as a redemption and subscription and any relevant exit charges may be applicable. The Fund is neither capital protected, nor guaranteed. Page 2 of 5

3 IMPORTANT NOTES This product has been arranged by Emirates NBD Asset Management Limited ( Emirates NBD AM ), regulated by the Dubai Financial Services Authority ( DFSA ) as part of its continuing efforts to present clients with innovative financial solutions. Upon investment into the product, investors undertake to be bound by the terms and conditions of the product as set out in this Term Sheet and the detailed Prospectus of the Fund, as drafted and amended, from time to time, by the Manager / Delegate Investment Manager. Investors are requested to review and understand the product and all associated investment risks before making a commitment. This document should not be construed as investment advice, it is for information purposes only and under no circumstances should it be regarded as an offer to buy or sell the Product or any other investment and neither Emirates NBD Bank PJSC ( Emirates NBD ) nor its affiliates will be responsible for any loss, direct, indirect or opportunity, arising as a result of the publication of this document. In case of doubt, you should consult your financial advisor. Emirates NBD SICAV ( the SICAV") and all their underlying sub funds are domiciled in Luxembourg and are regulated by the Commission de Surveillance du Secteur Financier. Emirates NBD SICAV is an open-ended investment company registered in Luxembourg and authorized by the Luxembourg Commission de Surveillance du Secteur Financier as an Undertaking for Collective Investments in Transferable Securities pursuant to Part I of the Law of 17 December 2010 on Undertakings for Collective Investment. The Prospectus of the fund form an integral part of the contract with the Investor and should be read in conjunction with this. Unless otherwise stated, capitalized terms shall have the same meaning as ascribed to them in the Prospectus. In the event of an inconsistency, the Prospectus will take precedence over the. Investors should note that there may be delays in dealings caused by different business days between the UAE and Luxembourg. All deals will be executed on a best endeavours basis. Neither Emirates NBD nor any of its subsidiaries or affiliates will take any responsibility for losses, direct, indirect or opportunity, caused as a result of delays in dealing into the Fund. Investors should particularly bear in mind the risk warnings relating to the Fund contained in section 6 of the Prospectus. Copies of this document can be obtained from Emirates NBD AM. The Fund Prospectus relates to a Fund which is not subject to any form of regulation or approval by the DFSA. The Fund Prospectus is intended for distribution only to Persons of a type as classified by the DFSA s Rules (i.e. Professional Client ) and must not, therefore, be delivered to, or relied on by, any other type of Person. The DFSA has no responsibility for reviewing or verifying any Prospectus or other documents in connection with this Fund. Accordingly, the DFSA has not approved the Fund Prospectus or any other associated documents nor taken any steps to verify the information set out in the Fund Prospectus, and has no responsibility for it. The units to which the Fund Prospectus relates may be illiquid and/or subject to restrictions on their resale. Prospective purchasers of the units offered should conduct their own due diligence on the units. If you do not understand the contents of the Fund Prospectus you should consult an Independent Financial Adviser. In the event that you choose not to seek advice from an Independent Financial Adviser before investing in the Fund, you should consider whether the Fund is suitable for you. Past performance is not indicative of future performance. The value of investments and the income derived from them may go down as well as up and you may not receive back all the money which you invest. Risk Factors The Fund is exposed to the following risks: interest rate, economic, currency, currency-hedged share classes, conflicts of interest, fixed income securities, sovereign issuers, corporate issuers, investment grade rated securities, sub-investment grade / high yield rated securities, equities, emerging markets and investment funds. Full details of all risks to which the Fund is exposed are provided in the Prospectus, copies can be obtained from Emirates NBD AM and are also available at A copy of the latest interim and annual reports and accounts is also available, free of charge, on request to Emirates NBD AM. The Fund is neither capital protected, nor guaranteed. Page 3 of 5

4 I/we wish to invest in the and have been advised that the detailed Prospectus and KIIDs of the Fund form an integral part of the contract entered into with the Investor. I/we have been advised of the risk warnings relating to the Fund contained in the Prospectus. I/we select investment into the following share class: A (USD) Acc (minimum investment USD 25,000) B (USD) Acc (minimum investment USD 25,000) B (GBP) Acc (minimum investment GBP 15,000) C (USD) Acc (minimum investment USD 25,000) C (GBP) Acc (minimum investment GBP 15,000) G (USD) Acc (minimum investment USD 25,000) I/we understand that this application will not be accepted unless the share class information has been completed. I/We have completed the for the purposes of switching from the Share Class to the Share Class. I/we understand that, for requests to transfer proceeds to accounts outside of Emirates NBD group, transfer charges may apply. I/we declare that I/we have read and understood the above terms and conditions as well as the detailed explanation as set out in the Fund Prospectus and Key Investor Information Document (KIID). I/we acknowledge that the carries investment risk and I accept the potential risks associated with this type of investment, it being further understood that such risks could lead to a loss of all or a substantial portion of my/our investment. I/we understand that although this Fund is approved by the Securities and Commodities Authority (SCA) for promotion within the UAE, this shall not be deemed a recommendation to purchase or invest in the Fund, and SCA shall not be held liable for the failure of any other party concerned with the Fund to fulfil their obligations and duties, or for the accuracy and integrity of the details concerned in the Fund prospectus and such responsibility shall be held by the parties whose names are indicated in the Fund prospectus according to the roles and functions of each party. I/we acknowledge that I/we must receive, prior to subscribing for shares in the Emirates NBD SICAV, a copy of the current KIID(s) for the relevant share class(s) that I/we intend to subscribe for. I/we specifically consent and acknowledge that, prior to subscribing for shares in the Emirates NBD SICAV, a copy of the current KIIDs for the relevant share class(s) that I/we intend to subscribe for will be provided to me/us by making them accessible free of charge on instead of that such information will be provided to me/us on paper. The address of this website and the location of these will be notified to me/us by means of electronic mail addressed to the address as follows: for correspondence: Page 4 of 5

5 For the avoidance of doubt, my right to request a paper copy of the KIIDs free of charge remains unaffected. Investor 1 Investor 2 Investor 3 Name: Name: Name: Date: Date: Date: Page 5 of 5