Key Investor Information

Transcription

1 Key Investor Information This document provides you with the key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. CF Woodford Equity Income Fund, C Sterling Income, a fund within CF Woodford Investment Fund (ISIN: GB00BLRZQ620) The fund is managed by Capita Financial Managers Limited, part of the Asset Services Division of Capita plc. Objectives and investment policy Objective The fund aims to provide a reasonable level of income together with capital growth. Investment Policy The fund will invest primarily in the shares of companies listed in the United Kingdom. It may also invest in unlisted companies, overseas entities and derivatives. It is not anticipated that the use of derivatives will have a significant adverse effect on the risk profile of the fund. Essential features of the fund: The fund has the discretion to invest in a range of investments as described above with no need to adhere to a particular benchmark. Risk and reward profile You can buy and sell shares in the fund every business day. The fund aims to distribute available income every quarter. Derivatives may be used to manage the risk profile of the fund, reduce costs or generate additional income. Recommendation: This fund may not be appropriate for investors who plan to withdraw their money in the shorter term (e.g. less than 3-5 years). The risk and reward profile shown is not guaranteed to remain the same and may shift over time. This indicator shows how much a fund may have risen and fallen in the past, and therefore how much a fund's returns may have varied. It is a measure of a fund's volatility. The higher a fund's past volatility the higher the number on the scale and the greater the risk that investors in that fund may have made losses as well as gains. The lowest number on the scale does not mean that a fund is risk free. Counterparty Risk: As the fund may enter into derivative agreements there is a risk that other parties may fail to meet their obligations. This may lead to delays in receiving amounts due to the fund, receiving less than is due or receiving nothing. Currency Risk: As the fund invests in overseas securities movements in exchange rates may, when not hedged, cause the value of your investment to increase or decrease. Illiquid Asset Risk: Investment in illiquid assets, where there is no active market, may be more difficult to buy and sell and their prices may also be subject to large short term swings. The fund has been classed as 5 because its volatility has been measured as above average. This indicator is based on historical data and may not be a reliable indication of the future risk profile of this fund. For full details of the fund's risks, please see the prospectus which may be obtained from the address in 'Practical Information' overleaf. Version 5.0

2 Charges for this Fund The charges you pay are used to pay the costs of running the fund. These charges reduce the potential growth of your investment. One-off charges taken before or after you invest Entry Charge Exit Charge Past performance Charges taken from the fund over the year Ongoing Charges 0.75% Charges taken from the fund under certain specific conditions Performance Fee The ongoing charges figure is fixed at 0.75%. This figure may vary from year to year. The ongoing charges are taken from the capital of the fund. They exclude portfolio transaction costs, except in the case of an entry/exit charge paid by the fund when buying or selling units in another collective investment undertaking. A dilution adjustment may be made which may increase or decrease the price you receive when you buy or sell shares in the fund. For more information about charges, please see the prospectus Sections 25 & 26, which may be obtained free of charge from the address in 'Practical Information' below. Past performance is not a guide to future performance. The past performance in the chart shown opposite is net of tax and charges but excludes the entry charge that may be paid on the purchase of an investment. Launch date for the fund: 2 June Performance is calculated in Pounds Sterling. Practical information CF Woodford Investment Fund Documents This key investor information document describes a fund within the CF Woodford Investment Fund company. The prospectus and periodic reports are prepared for the entire company. Copies of the prospectus for the fund and CF Woodford Investment Fund may be obtained from or by writing to Capita Financial Managers Limited, PO Box 389, Darlington, DL1 9UF. This document is available in English and is free of charge. Details of Capita Financial Managers' Remuneration Code are available on the website This sets out a description of how remuneration and benefits are calculated and the identities of persons responsible for awarding the remuneration and benefits. A paper copy is available free of charge on request. Prices of shares and further information Right to switch Depositary Tax The latest published prices of shares in the fund and other information, including how to buy and sell shares are available from by calling during normal business hours or by writing to Capita Financial Managers Limited, PO Box 389, Darlington, DL1 9UF. Subject to any restrictions on the eligibility of investors for a particular share class, a shareholder may be able at any time to convert all or some of his shares for shares in another class. Please see the prospectus for full details. Northern Trust Global Services Limited UK tax legislation may have an impact on your personal tax position. Liability Capita Financial Managers Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the prospectus for CF Woodford Investment Fund. This fund is authorised in the United Kingdom by the Financial Conduct Authority. Capita Financial Managers Limited is authorised in the United Kingdom and regulated by the Financial Conduct Authority. This key investor information is accurate as at 15/02/2017 Version 5.0

3 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Emerging Markets Fund a sub-fund of Fidelity Institutional Funds W Accumulation Shares (ISIN: GB00B9SMK778) This fund is managed by FIL Investment Services (UK) Limited Objectives and Investment Policy Aims to provide long-term capital growth with the level of income expected to be low. Invests primarily in company shares in countries experiencing rapid economic growth including those in Africa, the Indian sub-continent, Latin America, South East Asia, Europe and the Middle East. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment. Risk and Reward Profile Lower risk Typically lower rewards Higher risk Typically higher rewards The risk category was calculated using historical performance data. The risk category may not be a reliable indication of the future risk profile of the fund, is not guaranteed and may change over time. The lowest category does not mean a "risk free" investment. The risk and reward profile is classified by the level of historical fluctuation of the Net Asset Values of the share class, and within this classification, categories 1-2 indicate a low level of historical fluctuations, 3-5 a medium level and 6-7 a high level. The value of your investment may fall as well as rise and you may get back less than you originally invested. Movements in currency exchange rates can adversely affect the return of your investment. The currency hedging may be used to minimise the effect of this but may not always be successful. The use of financial derivative instruments may result in increased gains or losses within the fund. Liquidity is a measure of how easily an investment can be converted into cash. Under certain market conditions assets may be more difficult to sell. Emerging markets may be more volatile and it could be harder to sell or trade securities. There may be less supervision, regulation and less welldefined procedures than in more developed countries. Emerging markets can be sensitive to political instability, which can result in greater volatility and uncertainty, subjecting the fund to the risk of losses. In some emerging markets, such as Russia, the safekeeping provisions for securities benefit from less governed standards.

4 Key Investor Information Emerging Markets Fund Charges for this fund (ISIN: GB00B9SMK778) The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. One-off charges taken before or after you invest Entry charge N/A Exit charge N/A This is the maximum that might be taken out of your money before it is invested or before the proceeds of your investment are paid out. Charges taken from the fund over a year Ongoing charges 1.01% Charges taken from the fund under certain specific conditions Performance fee N/A The entry and exit charges shown are maximum figures. In some cases you might pay less - you can find this out from your financial adviser / distributor. The ongoing charges figure is based on expenses for the year ending 30/06/2016. This figure may vary from year to year. It excludes: performance fees (where applicable); portfolio transaction costs, except in the case of an entry/exit charge paid by the fund when buying or selling units in another collective investment undertaking. For more information about charges, please consult the charges section in the most recent Prospectus. Past Performance 25% 20% 15% 10% 5% 0% -5% Past performance is not a guide to future performance results. If any, the past performance shown takes into account the ongoing charges with exception of any applicable entry/exit charges. The fund was launched on 28/07/1997. This class was launched on 13/05/2013. Past performance has been calculated in GBP. Class If applicable, events in the fund's life which may have affected the performance history are highlighted as an '*' in the chart, which may include changes to the fund's objective and details of such events can be found on our website or by requesting it from your appointed representative or your usual Fidelity contact. If applicable, the Investment Objective section shall refer to a benchmark and information on previous benchmarks may be found in the Annual Report and Accounts. Practical Information The depositary is J.P.Morgan Europe Limited. For more information, please consult the Prospectus and latest Reports and Accounts which can be obtained free of charge in English and other main languages from the Fund Manager, the distributors or online at any time. Details of the summary Remuneration Policy are available via A paper copy can be obtained free of charge in English from the Fund Manager. The Net Asset Values per Share are available at the registered office of the Fund Manager. They are also published online at where other information is available. The tax legislation in United Kingdom may have an impact on your personal tax position. For further details you should consult a tax advisor. This document describes a sub-fund and share class of Fidelity Institutional Funds (the 'investment company'). The Prospectus and Reports and Accounts are prepared for the entire investment company. FIL Investment Services (UK) Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the investment company. The assets and liabilities of each sub-fund of Fidelity Institutional Funds are segregated by law so that assets of this sub-fund will not be used to pay liabilities of other sub-funds. More share classes are available for this investment company. Details can be found in the Prospectus. You have the right to switch from this share class into the same or possibly other share class types of this or another sub-fund. Details on switching rules can be found in the Prospectus. Country in which this fund is authorised: United Kingdom. The Supervisory Authority is: Financial Conduct Authority. Country in which FIL Investment Services (UK) Limited is authorised: United Kingdom. The Supervisory Authority is: Financial Conduct Authority. This key investor information is accurate as at 13/03/2017.

5 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Fidelity Index Japan Fund a sub-fund of Fidelity Investment Funds W Accumulation Shares (ISIN: GB00BLT1YR52) This fund is managed by FIL Investment Services (UK) Limited Objectives and Investment Policy Aims to achieve long term capital growth by closely matching the performance of the MSCI Japan Index. Aims to hold company shares that represent the benchmark index. May use stock index futures to achieve the investment objective. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to withdraw their money within 5 years. Investment in the fund should be regarded as a long-term investment. Note: The funds described herein are indexed to an MSCI index. The MSCI Japan Index captures large and mid cap representation of the Japanese Market. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which the funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Fidelity and any related funds. Risk and Reward Profile Lower risk Typically lower rewards Higher risk Typically higher rewards The risk category was calculated using historical performance data. The risk category may not be a reliable indication of the future risk profile of the fund, is not guaranteed and may change over time. The lowest category does not mean a "risk free" investment. The risk and reward profile is classified by the level of historical fluctuation of the Net Asset Values of the share class, and within this classification, categories 1-2 indicate a low level of historical fluctuations, 3-5 a medium level and 6-7 a high level. The value of your investment may fall as well as rise and you may get back less than you originally invested. Movements in currency exchange rates can adversely affect the return of your investment. The currency hedging may be used to minimise the effect of this but may not always be successful. The use of financial derivative instruments may result in increased gains or losses within the fund.

6 Key Investor Information Fidelity Index Japan Fund Charges for this fund (ISIN: GB00BLT1YR52) The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. One-off charges taken before or after you invest Entry charge N/A Exit charge N/A This is the maximum that might be taken out of your money before it is invested or before the proceeds of your investment are paid out. Charges taken from the fund over a year Ongoing charges 0.12% Charges taken from the fund under certain specific conditions Performance fee N/A The entry and exit charges shown are maximum figures. In some cases you might pay less - you can find this out from your financial adviser / distributor. The ongoing charges figure is based on expenses for the year ending 28/02/2017. This figure may vary from year to year. It excludes: performance fees (where applicable); portfolio transaction costs, except in the case of an entry/exit charge paid by the fund when buying or selling units in another collective investment undertaking. For more information about charges, please consult the charges section in the most recent Prospectus. Past Performance 25% % % 10% 5% 0% Past performance is not a guide to future performance results. If any, the past performance shown takes into account the ongoing charges with exception of any applicable entry/exit charges. The fund was launched on 22/01/2014. This class was launched on 27/05/2014. Past performance has been calculated in GBP. Class Benchmark If applicable, events in the fund's life which may have affected the performance history are highlighted as an '*' in the chart, which may include changes to the fund's objective and details of such events can be found on our website or by requesting it from your appointed representative or your usual Fidelity contact. If applicable, the Investment Objective section shall refer to a benchmark and information on previous benchmarks may be found in the Annual Report and Accounts. Practical Information The depositary is J.P.Morgan Europe Limited. For more information, please consult the Prospectus and latest Reports and Accounts which can be obtained free of charge in English and other main languages from the Fund Manager, the distributors or online at any time. Details of the summary Remuneration Policy are available via A paper copy can be obtained free of charge in English from the Fund Manager. The Net Asset Values per Share are available at the registered office of the Fund Manager. They are also published online at where other information is available. The tax legislation in United Kingdom may have an impact on your personal tax position. For further details you should consult a tax advisor. This document describes a sub-fund and share class of Fidelity Investment Funds (the 'investment company'). The Prospectus and Reports and Accounts are prepared for the entire investment company. FIL Investment Services (UK) Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the investment company. The assets and liabilities of each sub-fund of Fidelity Investment Funds are segregated by law and with that assets of this sub-fund will not be used to pay liabilities of other sub-funds. More share classes are available for this investment company. Details can be found in the Prospectus. You have the right to switch from this share class into the same or possibly other share class types of this or another sub-fund. Details on switching rules can be found in the Prospectus. Country in which this fund is authorised: United Kingdom. The Supervisory Authority is: Financial Conduct Authority. Country in which FIL Investment Services (UK) Limited is authorised: United Kingdom. The Supervisory Authority is: Financial Conduct Authority. This key investor information is accurate as at 02/06/2017.

7 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Fidelity Index World Fund a sub-fund of Fidelity Investment Funds W Accumulation Shares (ISIN: GB00BLT1YP39) This fund is managed by FIL Investment Services (UK) Limited Objectives and Investment Policy Aims to achieve long term capital growth by closely matching the performance of the MSCI World Index. Aims to hold company shares that represent the benchmark index. May use stock index futures to achieve the investment objective. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to withdraw their money within 5 years. Investment in the fund should be regarded as a long-term investment. Note: The funds described herein are indexed to an MSCI index. The MSCI World Index captures large and mid cap representation across Developed Markets countries. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which the funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Fidelity and any related funds. Risk and Reward Profile Lower risk Typically lower rewards Higher risk Typically higher rewards The risk category was calculated using historical performance data. The risk category may not be a reliable indication of the future risk profile of the fund, is not guaranteed and may change over time. The lowest category does not mean a "risk free" investment. The risk and reward profile is classified by the level of historical fluctuation of the Net Asset Values of the share class, and within this classification, categories 1-2 indicate a low level of historical fluctuations, 3-5 a medium level and 6-7 a high level. The value of your investment may fall as well as rise and you may get back less than you originally invested. Movements in currency exchange rates can adversely affect the return of your investment. The currency hedging may be used to minimise the effect of this but may not always be successful. The use of financial derivative instruments may result in increased gains or losses within the fund.

8 Key Investor Information Fidelity Index World Fund Charges for this fund (ISIN: GB00BLT1YP39) The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. One-off charges taken before or after you invest Entry charge N/A Exit charge N/A This is the maximum that might be taken out of your money before it is invested or before the proceeds of your investment are paid out. Charges taken from the fund over a year Ongoing charges 0.15% Charges taken from the fund under certain specific conditions Performance fee N/A The entry and exit charges shown are maximum figures. In some cases you might pay less - you can find this out from your financial adviser / distributor. The ongoing charges figure is based on expenses for the year ending 29/02/2016. This figure may vary from year to year. It excludes: performance fees (where applicable); portfolio transaction costs, except in the case of an entry/exit charge paid by the fund when buying or selling units in another collective investment undertaking. For more information about charges, please consult the charges section in the most recent Prospectus. Past Performance 35% 30% 25% 20% 15% 10% 5% 0% Past performance is not a guide to future performance results. If any, the past performance shown takes into account the ongoing charges with exception of any applicable entry/exit charges. The fund was launched on 10/12/2012. This class was launched on 27/05/2014. Past performance has been calculated in GBP. Class Benchmark If applicable, events in the fund's life which may have affected the performance history are highlighted as an '*' in the chart, which may include changes to the fund's objective and details of such events can be found on our website or by requesting it from your appointed representative or your usual Fidelity contact. If applicable, the Investment Objective section shall refer to a benchmark and information on previous benchmarks may be found in the Annual Report and Accounts. Practical Information The depositary is J.P.Morgan Europe Limited. For more information, please consult the Prospectus and latest Reports and Accounts which can be obtained free of charge in English and other main languages from the Fund Manager, the distributors or online at any time. Details of the summary Remuneration Policy are available via A paper copy can be obtained free of charge in English from the Fund Manager. The Net Asset Values per Share are available at the registered office of the Fund Manager. They are also published online at where other information is available. The tax legislation in United Kingdom may have an impact on your personal tax position. For further details you should consult a tax advisor. This document describes a sub-fund and share class of Fidelity Investment Funds (the 'investment company'). The Prospectus and Reports and Accounts are prepared for the entire investment company. FIL Investment Services (UK) Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the investment company. The assets and liabilities of each sub-fund of Fidelity Investment Funds aresegregated by law and with that assets of this sub-fund will not be used to pay liabilities of other sub-funds. More share classes are available for this investment company. Details can be found in the Prospectus. You have the right to switch from this share class into the same or possibly other share class types of this or another sub-fund. Details on switching rules can be found in the Prospectus. Country in which this fund is authorised: United Kingdom. The Supervisory Authority is: Financial Conduct Authority. Country in which FIL Investment Services (UK) Limited is authorised: United Kingdom. The Supervisory Authority is: Financial Conduct Authority. This key investor information is accurate as at 24/01/2017.

9 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. FTSE 250 Index Fund Income C GB00B80QFZ35 A sub-fund of HSBC Index Tracker Investment Funds, an open ended investment company ( OEIC ), managed by HSBC Global Asset Management (UK) Limited. Objectives and investment policy To provide long term capital growth by matching the return of the FTSE 250 Index. To invest in companies that make up the FTSE 250 Index. The Index is made up of the 250 largest companies after the 100 largest stock market listed companies in the United Kingdom, as defined by the Index Provider. The Fund aims to track the Index using a near full replication strategy. This means that the Fund will normally invest in, or gain exposure to, most of the shares that make up the Index. It also means that the Fund will generally invest in shares in the same proportions as their weighting in the Index. The Fund can use borrowing and may also use a technique known as efficient portfolio management which aims to reduce risk or cost to the Fund in circumstances where this is likely to be of benefit. Income is distributed. You may sell your investment on any business day by contacting the administrator before the dealing deadline. Recommendation: this fund may not be appropriate for investors who plan to withdraw their money within a period of at least 5 years. Risk and reward profile Lower risk Typically lower rewards Higher risk Typically higher rewards More about this rating The rating is based on price volatility over the last five years, and is an indicator of absolute risk. Historical data may not be a reliable indication for the future. The value of an investment, and any income from it, may fall as well as rise, and you may not get back the amount you originally invested.the rating is not guaranteed to remain unchanged and the categorisation may shift over time.the lowest rating does not mean a risk-free investment. Why is this fund in category 5? Equity prices tend to fluctuate more than other asset classes as investors directly participate in underlying companies and their earnings. Material risks not adequately captured by the risk rating above Exchange rate risk Investing in assets denominated in a currency other than that of the investor s own currency perspective exposes the value of the investment to exchange rate fluctuations. Derivative risk The value of derivative contracts is dependent upon the performance of an underlying asset. A small movement in the value of the underlying can cause a large movement in the value of the derivative. Unlike exchange traded derivatives, over-the-counter (OTC) derivatives have credit risk associated with the counterparty or institution facilitating the trade. IndexTracking risk The performance of the Fund may not match the performance of the index it tracks because of fees and expenses, market opening times and regulatory constraints. Operational risk The main risks are related to systems and process failures. Investment processes are overseen by independent risk functions which are subject to independent audit and supervised by regulators. Income C GB00B80QFZ35 1of2

10 Charges for this fund The charges you pay are used to pay the running costs of the fund, including the marketing and distribution costs.these charges reduce the potential growth of the investment. One-off charges taken before or after you invest Entry charge 0.00% Exit charge 0.00% Charges taken from the fund over a year Ongoing charge 0.18% Charges taken from the fund under certain specific conditions Performance fee The Entry and Exit charges shown are the maximum that may be charged. In some cases you may pay less.you can obtain the actual charges from your financial adviser. A switching fee may be applied up to the amount of the entry charge shown if you switch your shares into this share class of this Fund. The ongoing charges figure is based on last year s expenses for the year ending 15/11/2016. Charges may vary from year to year. Further information on Charges can be found in the Fees and Expenses section of the full Prospectus. Past performance 75% 50% 25% 0% -25% -50% Fund Benchmark Warning: the performance returns before the change to charges on 01/09/2009 were achieved under circumstances that no longer apply. Past performance is not a guide to future performance; the value of your investment and any income from it can go down as well as up. The past performance of this share class is calculated in GBP. Performance returns are based on the net asset value with distributable income reinvested. Past performance takes account of all ongoing charges, but not entry and exit charges. The fund was launched on 07/10/1997. The investment benchmark for the fund is the FTSE 250 Gross. Performance returns prior to the first share class price date of 03/09/2012 have been simulated using the track record of an older share class Practical information Depositary State StreetTrustees Limited, 525 Ferry Road, Edinburgh, EH5 2AW. Further information Further information about the OEIC including the latest Prospectus, latest published prices of shares, annual report and half yearly report may be obtained free of charge, in English, from the administrator, HSBC Global Asset Management (UK) Limited, PO Box 3733, Royal Wootton Bassett, Swindon SN4 4BG or by visiting Remuneration Policy of the Authorised Corporate Director, which describes how remuneration and benefits are determined and awarded, is available at -structure or on request from the Administrator. The most recent Prospectus is available in English.This document describes a single share class of the OEIC.The Prospectus, annual and half yearly reports are prepared for the entire OEIC. Share classes Other share classes are available, as detailed in the Prospectus. It is possible to convert your shares into a different share class or switch your shares into a different Fund within the OEIC. Details of how to do this are in the Prospectus (please note an initial charge may apply). Tax UK tax legislation may have an impact on your personal position. Authorised Corporate Director HSBC Global Asset Management (UK) Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the OEIC. Allocation of Assets and Liabilities The OEIC is an umbrella investment company with segregated liability between Funds.This means that the holdings of one Fund are kept separate from the holdings of the other Funds and your investment in the Fund cannot be used to pay the liabilities of any other Fund. Authorisations The Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. HSBC Global Asset Management (UK) Limited is authorised in the United Kingdom and regulated by the Financial Conduct Authority. Publication date This key investor information is accurate as at 10 March Income C GB00B80QFZ35 2of2

11 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. FTSE All-Share Index Fund Income C GB00B80QFW04 A sub-fund of HSBC Index Tracker Investment Funds, an open ended investment company ( OEIC ), managed by HSBC Global Asset Management (UK) Limited. Objectives and investment policy To provide long term capital growth by matching the return of the FTSE All-Share Index. To invest in companies that make up the FTSE All-Share Index. The Index represents the performance of all shares on the Main Market of the London Stock Exchange. The Fund is currently tracking the FTSE All-Share Index by fully replicating the FTSE 350 ex InvestmentTrusts index and sampling the remaining benchmark index constituents. The Fund can use borrowing and may also use a technique known as efficient portfolio management which aims to reduce risk or cost to the Fund in circumstances where this is likely to be of benefit. Income is distributed. You may sell your investment on any business day by contacting the administrator before the dealing deadline. Recommendation: this fund may not be appropriate for investors who plan to withdraw their money within a period of at least 5 years. Risk and reward profile Lower risk Typically lower rewards Higher risk Typically higher rewards More about this rating The rating is based on price volatility over the last five years, and is an indicator of absolute risk. Historical data may not be a reliable indication for the future. The value of an investment, and any income from it, may fall as well as rise, and you may not get back the amount you originally invested.the rating is not guaranteed to remain unchanged and the categorisation may shift over time.the lowest rating does not mean a risk-free investment. Why is this fund in category 5? Equity prices tend to fluctuate more than other asset classes as investors directly participate in underlying companies and their earnings. Material risks not adequately captured by the risk rating above Exchange rate risk Investing in assets denominated in a currency other than that of the investor s own currency perspective exposes the value of the investment to exchange rate fluctuations. Derivative risk The value of derivative contracts is dependent upon the performance of an underlying asset. A small movement in the value of the underlying can cause a large movement in the value of the derivative. Unlike exchange traded derivatives, over-the-counter (OTC) derivatives have credit risk associated with the counterparty or institution facilitating the trade. IndexTracking risk The performance of the Fund may not match the performance of the index it tracks because of fees and expenses, market opening times and regulatory constraints. Operational risk The main risks are related to systems and process failures. Investment processes are overseen by independent risk functions which are subject to independent audit and supervised by regulators. Income C GB00B80QFW04 1of2

12 Charges for this fund The charges you pay are used to pay the running costs of the fund, including the marketing and distribution costs.these charges reduce the potential growth of the investment. One-off charges taken before or after you invest Entry charge 0.00% Exit charge 0.00% Charges taken from the fund over a year Ongoing charge 0.07% Charges taken from the fund under certain specific conditions Performance fee The Entry and Exit charges shown are the maximum that may be charged. In some cases you may pay less.you can obtain the actual charges from your financial adviser. A switching fee may be applied up to the amount of the entry charge shown if you switch your shares into this share class of this Fund. The ongoing charges figure is based on last year s expenses for the year ending 15/11/2016. Charges may vary from year to year. Further information on Charges can be found in the Fees and Expenses section of the full Prospectus. Past performance 40% 30% 20% 10% 0% -10% -20% -30% Fund Benchmark Warning: the performance returns before the change to charges on 16/11/2015 were achieved under circumstances that no longer apply. Past performance is not a guide to future performance; the value of your investment and any income from it can go down as well as up. The past performance of this share class is calculated in GBP. Performance returns are based on the net asset value with distributable income reinvested. Past performance takes account of all ongoing charges, but not entry and exit charges. The fund was launched on 26/03/1990. The investment benchmark for the fund is the FTSE All Share Gross. Performance returns prior to the first share class price date of 03/09/2012 have been simulated using the track record of an older share class. Practical information Depositary State StreetTrustees Limited, 525 Ferry Road, Edinburgh, EH5 2AW. Further information Further information about the OEIC including the latest Prospectus, latest published prices of shares, annual report and half yearly report may be obtained free of charge, in English, from the administrator, HSBC Global Asset Management (UK) Limited, PO Box 3733, Royal Wootton Bassett, Swindon SN4 4BG or by visiting Remuneration Policy of the Authorised Corporate Director, which describes how remuneration and benefits are determined and awarded, is available at -structure or on request from the Administrator. The most recent Prospectus is available in English.This document describes a single share class of the OEIC.The Prospectus, annual and half yearly reports are prepared for the entire OEIC. Share classes Other share classes are available, as detailed in the Prospectus. It is possible to convert your shares into a different share class or switch your shares into a different Fund within the OEIC. Details of how to do this are in the Prospectus (please note an initial charge may apply). Tax UK tax legislation may have an impact on your personal position. Authorised Corporate Director HSBC Global Asset Management (UK) Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the OEIC. Allocation of Assets and Liabilities The OEIC is an umbrella investment company with segregated liability between Funds.This means that the holdings of one Fund are kept separate from the holdings of the other Funds and your investment in the Fund cannot be used to pay the liabilities of any other Fund. Authorisations The Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. HSBC Global Asset Management (UK) Limited is authorised in the United Kingdom and regulated by the Financial Conduct Authority. Publication date This key investor information is accurate as at 17 February Income C GB00B80QFW04 2of2

13 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Defensive Capital Fund Class A Accumulation A sub-fund of IFSL Brooks Macdonald Fund (ISIN : GB00B61MR835) This fund is managed by Investment Fund Services Limited (IFSL) Objectives and Investment Policy The fund aims to increase the value of your shares over the longer term. The fund will also aim to achieve a positive absolute return on a 3 year rolling basis irrespective of the performance of financial markets, however shareholders should be aware that there is no guarantee that this will be achieved over this (or any) time period and that a shareholder's capital is in fact at risk. The fund is actively managed and selects investments which, if held for a pre-defined period, pay an in-built return (called a defined return ) to the fund irrespective of general market performance. The fund invests in tradable debt (bonds and notes), convertible securities (tradable debt which can be converted into shares), shares and other investment funds which carry a defined return. The fund may use financial contracts (derivatives) to achieve its aim and to manage risk, reduce costs and improve results. Income is not distributed but is rolled up (accumulated) into the value of your investment. You can sell all or part of your investment on a daily basis subject to the minimum holding requirements. Risk and Reward Profile Lower risk Typically lower rewards The rating is based on price volatility overthe last five years, and is an indicator of risk. Historical data may not be a reliable indication for the future. The rating is not guaranteed to remain unchanged and may shift over time. The lowest rating does not mean a risk-free investment. The risk indicator for the fund is as above because there is significant exposure to stock markets and bonds. This fund has been measured as 3 because it has experienced low to moderate volatility historically. The funds volatility is affected by various factors including: Stock market prices can move irrationally and can be affected unpredictably by diverse factors including political and economic events. Fluctuations in interest rates may affect the value of your investment. When interest rates increase this is likely to result in a fall in the capital value of fixed interest securities, such as bonds and convertibles. The fund invests in securities which are subject to the risk that the Higher risk Typically higher rewards issuer may default on its interest or capital payments. The fund could lose money if a counterparty with which it does business becomes unable to honour its obligations to the fund. In certain market conditions some assets in the fund may be less liquid and therefore more difficult to sell at their true value or in a timely manner. The fund may use financial contracts (known as derivatives) in an attempt to reduce risk (hedging) or for investment purposes. It may be that the use of derivatives causes share prices to fluctuate which may in turn result in loss to the fund. The assets in which the fund invests may be denominated in a currency other than the currency of the shares in the fund and/or the currency of your investment. Currency fluctuations may strongly affect the value of your investment. Future legal or regulatory change could have a substantial effect on the fund and your investment. A more detailed description of the risks that apply to this fund can be found in the prospectus.

14 Charges The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. The entry and exit charges shown are maximum figures. In some cases you may pay less - you can find this out from your financial adviser. The ongoing charges figure is based on expenses for the year ending 30/11/2016.This figure may vary from year to year. It excludes: Portfolio transaction costs, except in the case of an entry/exit charge paid by the UCITS when buying or selling units in another collective investment undertaking. For more information about charges, please see Sections of the fund s prospectus, which is available at One-off charges taken before or after you invest Entry Charge 0.00% Exit Charge This is the maximum that might be taken out of your money before it is invested. Charges taken from the fund over each year Ongoing Charges 0.82% Charges taken from the fund under certain conditions Performance Fee Past Performance Historic performance to 31 December 2016 (%) Fund Past performance is not a reliable indicator of future performance; the value of your investment and any income from it can go down as well as up. Performance returns are based on the net asset value with distributable income reinvested and takes account of all ongoing charges, but not entry and exit charges. The past performance of this share class is calculated in GBP. This share class was launched in December Practical Information If you wish to sell all or part of your investment please write to us at Investment Fund Services Limited, Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP or telephone Your deal will be placed at the next valuation point after we receive your instruction. The Prospectus, Annual and Half-Yearly Report and Accounts for the fund are available free of charge at or by calling The documents are available in English only. For further details including how to invest please see the Supplementary Information Document which is available at or call Other share classes of the fund are available. For further details please see the fund s Prospectus which is available at The Prospectus, Annual and Half-Yearly Reports cover all the funds within OEIC. You may switch to any fund in the range on request, subject to a switching charge. The Depositary for the fund is National Westminster Bank plc. UK taxation may have an impact on your personal tax position. Fund prices are available on our website Some price information is also published in the Financial Times. The sub-funds of the OEIC are segregated by law. In the unlikely event of one sub-fund having debts, the assets of the other funds may not be used to settle these. Investment Fund Services Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the prospectus for the UCITS. The Remuneration Policy of Investment Fund Services Limited is available from This policy describes how remuneration and benefits are calculated and the governance arrangements in place around these payments. A paper copy of this policy is also available free of charge upon request. This fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. Investment Fund Services Limited (IFSL) is authorised in the United Kingdom and regulated by the Financial Conduct Authority. This key investor information is accurate as at

15 Key Investor Information This document provides you with key investor information about this Fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this Fund. You are advised to read it so you can make an informed decision about whether to invest. Invesco Perpetual Global ex UK Enhanced Index Fund (the Fund ) A sub-fund of Invesco Perpetual Global Investment Series ICVC (the Company ) Accumulation (No Trail) share class (ISIN: GB00B13G5V72) (the Share Class ) The Fund is managed by Invesco Fund Managers Limited, part of the Invesco Group. Objectives and Investment Policy - The objective of the Fund is to achieve long-term capital growth. - The Fund aims to outperform the MSCI World ex UK Index (the Index ), on a net total return basis, net of fees over a full market cycle (typically 5-10 years). There is no guarantee that the Fund will achieve its target and an investor may not get back the full amount invested. - The Fund follows a systematic investment process, with a high correlation to the Index. The Fund uses a range of factors to evaluate the relative attractiveness of a stock together with an assessment of risk, to build a portfolio that shares the broad characteristics of the Index. The Fund is actively managed and will not replicate the Index in its entirety. - The Fund invests primarily in shares of companies globally excluding the UK. - The Fund may use derivatives (complex instruments) to manage the Fund more efficiently, with the aim of reducing risk, minimising costs and/or generating additional capital or income. - You can buy, sell and switch shares in the Fund on any UK business day. - Any income from your investment will be reinvested. - Recommendation: The Fund may not be appropriate if you plan to withdraw your money within 5 years. Risk and Reward Profile Lower Risk Typically lower rewards Higher Risk Typically higher rewards n The Share Class is in risk category 5 due to the rises and falls of its price or simulated data in the past. n As the Share Class' risk category has been calculated using historical data, it may not be a reliable indication of the Share Class' future risk profile. n The risk category may change in the future and is not guaranteed. n The lowest category does not mean a risk free investment. Other Risks n The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and you may not get back the full amount invested. Over time, inflation may erode the value of investments. n There is no guarantee that the Fund will achieve its target. n The Fund may use derivatives (complex instruments) in an attempt to reduce the overall risk of its investments, reduce the costs of investing and/or generate additional capital or income, although this may not be achieved. The use of such complex instruments may result in greater fluctuations of the value of the Fund. The Manager, however, will ensure that the use of derivatives within the Fund does not materially alter the overall risk profile of the Fund. n The Fund s performance may be adversely affected by variations in the relative strength of world currencies or if Sterling strengthens against those currencies. n A more detailed description of risk factors that apply to this Fund is set out in Section 30 of the Prospectus.

16 Charges The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. One-off charges taken before or after you invest Entry charge 5.00% Exit charge Any charges shown above are the maximum that might be taken out of your money before it is invested. Charges taken from the Share Class over a year Ongoing charge 0.25% Charges taken from the Share Class under certain specific conditions Performance fee - The entry charge shown is a maximum figure. In some cases you might pay less - you can find this out from your financial adviser or distributor. - The ongoing charge figure is based on a fixed, all-inclusive fee. The figure excludes portfolio transaction costs. - If you switch funds within the Invesco Perpetual ICVC fund range you will pay a maximum 1% switching charge on your new fund. - For more information about charges please see Appendix 1 of the Prospectus. Past Performance % growth Fund launch date: 25 May Share Class launch date: 25 May The base currency of the Fund is Sterling. - Performance figures are calculated in Sterling. - Performance figures are calculated inclusive of reinvested income and net of the ongoing charge and portfolio transaction costs. The figures do not reflect the entry charge paid by individual investors. - Index performance figures are expressed in Sterling, total return and net of withholding taxes. - Past performance is not a guide to future returns Share Class Index Practical Information - Depositary: Citibank Europe plc, UK Branch. - The UK tax regime may have an impact on your personal tax position. - Invesco Fund Managers Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus. - The Company is structured by having different sub-funds. The assets and liabilities of each sub-fund are segregated by UK Law. As a consequence the assets of the Fund will not be available to meet the liabilities of another sub-fund within the Company. - You are entitled to switch from this Fund to another fund within the Invesco Perpetual ICVC fund range on request, subject to a switching charge. - More share classes are available for this Fund. You can find more information on our website. - You can check the latest price for this Share Class in The Financial Times or on our website. - Information on our remuneration policy is available on our website and can be obtained, free of charge, upon request. - Further details can be found in the Prospectus and the Annual and Interim Short Reports, which can be obtained in English, free of charge, from or by calling us on This Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. Invesco Fund Managers Limited is authorised in the United Kingdom and regulated by the Financial Conduct Authority. This Key Investor Information is accurate as at 15 February _1/PDF/150217

17 OEIC KIID KEY INVESTOR INFORMATION This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advisedtoreaditsoyoucanmakeaninformeddecisionaboutwhethertoinvest. Investec UK Alpha Fund A sub-fund of Investec Funds Series i Managed by Investec Fund Managers Limited Objectives and investment policy TheFundaimstoprovidelong-termcapitalgrowthandincome. The Fund invests primarily in the shares of UK companies focussing on shares believed to offer above average opportunities for total returns (the combination of income and capital growth). The Fund may invest in other assets such as cash, other funds and derivatives (financial contracts whose value is linked to the price of an underlying asset). The Investment Manager is free to choose how the Fund is invested and does not manage it with reference to an index. Any income due from your investment is reflected in the value of your shares rather than being paid out. You can buy or sell shares in the Fund on any business day in the UK, as defined in the Investec Funds Series omnibus prospectus (section 3). Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within the short to medium term. Class I Accumulation shares in sterling ISIN: GB00B7LM4J06 Risk and reward profile Lower risk Potentially lower rewards Higher risk Potentially higher rewards This indicator is based on historical data and may not be a reliable indication of the future risk profile of the Fund. The risk and reward category shown is not guaranteed to remain unchanged and may shift over time. The lowest category does not mean risk free. The value of your investment and any income from it can fall as well as rise and you are not certain of making profits; losses may be made. The Fund appears towards the middle of the Risk and Reward Indicator scale. This is because it invests in the shares of companies, whose values tend to fluctuate more widely. Risks that may not be fully captured by the Risk and Reward Indicator: Derivatives: The use of derivatives is not intended to increase the overall level of risk in the Fund. However, the use of derivatives may still lead to large changes in the value of the Fund and includes the potential for large financial loss. Equity investment: The value of equities (e.g. shares) and equity-related investments may vary according to company profits and future prospects as well as more general market factors. In the event of a company default (e.g. bankruptcy), the owners of their equity rank last in terms of any financial payment from that company. Geographic / Sector: Investments may be primarily concentrated in specific countries, geographical regions and/or industry sectors. This may mean the value of the Fund may decrease whilst more broadly invested funds might grow. Third party operational: The Fund s operations depend on third parties. Investors in the Fund may suffer disruption or financial loss in the event of third-party operational failure. The full list of the Fund s risks are contained in Appendix VII of Investec Funds Series omnibus prospectus.

18 OEIC KIID Charges ThechargesyoupayareusedtopaythecostsofrunningtheFund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. The entry charge shown is the most you might pay, in some cases you might pay less. You can find out actual entry charges from your financial adviser. The ongoing charges figure is based on last year s expenses for the year ending 30 September The figure excludes any performance fee and portfolio transaction costs, except in the case of an entry or exit charge paid by the Fund when buying or selling units in another fund. Ongoing charges may vary from year to year. For more information about charges, please see section 7 of the Investec Funds Series omnibus prospectus. One-off charges taken before or after you invest Entry charge 0% Exit charge This is the maximum that might be taken out of your money before it is invested. Charges taken from the fund over a year Ongoing charge 0.84% Charges taken from the fund under certain specific conditions Performance fee Past performance Past performance is not a guide to future performance. The value of your investment and income from it may go down as well as up and you may not get back the amount you invested. The past performance shown in the chart takes account of all charges except the Fund s entry charge and the past performance is calculated in sterling. The Fund was launched on 5 February 1979 and this share class on 2 May % Fund - GB00B7LM4J06 (1) Fund (1): Performance has been simulated for this period based on a longer established share class Practical information The Fund s depositary is State Street Trustees Limited. The latest published prices for shares in the Fund are available on Other share classes are available for this Fund as described in the Investec Funds Series omnibus prospectus. UK tax legislation may have an impact on your personal tax position. The Fund is a sub-fund of Investec Funds Series i. You may switch between other Investec Funds Series i, ii, iii or iv sub-funds or share classes of the same sub-fund at no extra charge (unless the other share class has a higher entry charge, in which case the difference may be payable). Details on switching are contained in section 3 of the Investec Funds Series omnibus prospectus. The assets of the Fund are ring-fenced and cannot be used to pay the debts of other Investec sub-funds in the same Investec Fund Series. Investec Fund Managers Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Investec Funds Series omnibus prospectus. The latest remuneration policy relating to Investec Fund Managers Limited is available free of charge on request from the address below or from: English language copies of the Investec Funds Series omnibus prospectus and Investec Funds Series i latest annual and semi-annual reports may be obtained free of charge from Investec Fund Managers Limited, Woolgate Exchange, 25 Basinghall Street, London EC2V 5HA. This Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. This Key Investor Information Document is accurate as at 7 April GB00B7LM4J06/EN.

19 Key Investor Information This document provides you with key investor information about this Fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this Fund. You are advised to read it so you can make an informed decision about whether to invest. JPM Emerging Markets Income Fund C - Net Income a Share Class of JPM Emerging Markets Income Fund a Fund of JPMorgan Fund ICVC ISIN GB00B5N1BC33 The Authorised Corporate Director ("ACD") is JPMorgan Funds Limited Objective and Investment Policy Investment Objective: To provide a portfolio designed to achieve income by investing primarily in Equity and Equity-Linked Securities of Emerging Markets companies in any economic sector whilst participating in long-term capital growth. Investment Policy: The Fund may also have exposure to Emerging Market fixed and floating rate Debt Securities, which includes Investment Grade, Non-Investment Grade and Unrated Bonds, by investing directly or indirectly through collective investment schemes. Emerging Markets companies are companies that are incorporated under the laws of, and have their registered office in, an Emerging Market country, or that derive the predominant part of their economic activity from Emerging Market countries, even if listed elsewhere. The Fund may invest in smaller companies and Participation Notes may be held on an ancillary basis. Financial Derivative Instruments may be used for the purpose of Efficient Portfolio Management, including hedging, where appropriate. Subject to at least 60 days notice to shareholders, the Fund may use derivatives for investment purposes which may change the risk profile of the Fund. The Fund may invest in China A-Shares via the China-Hong Kong Stock Connect Programmes. The Fund may invest in assets denominated in any currency and non- Sterling currency exposure will not normally be hedged back to Sterling. Redemption and Dealing: Shares of the Fund may be redeemed on demand, with dealing normally on a daily basis. Management Discretion: The Investment Adviser has the discretion to buy and sell investments on behalf of the Fund within the limits of the Objective and Investment Policy. Benchmark: The benchmark of the Fund is MSCI Emerging Markets Index (Net). The benchmark is a point of reference against which the performance of the Fund may be measured. The Fund may bear little resemblance to its benchmark. Distribution Policy: This Share Class will distribute income. For an explanation of some of the terms used in this document, please visit the glossary on our website at Risk and Reward Profile Lower risk Potentially lower reward Higher risk Potentially higher reward The above rating is based on the historic volatility of the simulated Net Asset Value of this Share Class over the last five years and may not be a reliable indication of the future risk profile of this Share Class. The risk and reward category shown above is not guaranteed to remain unchanged and may change over time. A Share Class with the lowest risk rating does not mean a risk-free investment. Why is this Share Class in this category? This Share Class is classified in category 6 because its simulated Net Asset Value has shown high fluctuations historically. Other material risks: D The value of your investment may fall as well as rise and you may get back less than you originally invested. D The value of equity and equity-linked securities may fluctuate in response to the performance of individual companies and general market conditions. Furthermore, participation notes run the risk of counterparty default which may result in the loss of the full market value of the note. D Emerging markets may be subject to increased political, regulatory and economic instability, less developed custody and settlement practices, poor transparency and greater financial risks. Emerging market currencies may be subject to volatile price movements. Emerging market securities may also be subject to higher volatility and be more difficult to sell than non-emerging market securities. D The Fund may invest in China A-Shares through the China-Hong Kong Stock Connect Programmes which are subject to regulatory change, quota limitations and also operational constraints which may result in increased counterparty risk. D The value of bonds and other debt securities may change significantly depending on market, economic and interest rate conditions as well as the creditworthiness of the issuer. Issuers of bonds and other debt securities may fail to meet payment obligations (default) or the credit rating of bonds and other debt securities may be downgraded. These risks are typically increased for below investment grade and certain unrated securities, which may also be subject to higher volatility and be more difficult to sell than investment grade securities. D The Fund invests in securities of smaller companies which may be more difficult to sell, more volatile and tend to carry greater financial risk than securities of larger companies. D As the portfolio of the Fund is primarily focused on generating income, it may bear little resemblance to the composition of its benchmark. D Movements in currency exchange rates can adversely affect the return of your investment. D This Fund charges the annual fee of the Authorised Corporate Director (ACD) against capital, which will increase the amount of income available for distribution to Shareholders, but may constrain capital growth. It may also have tax implications for certain investors. D The Fund may invest in credit linked notes which involve the risk of the underlying credit instrument decreasing in value or defaulting and the risk of the issuer of the credit linked note becoming insolvent. D Further information about risks can be found in "Part 11: Risk Warnings" of the Prospectus.

20 Charges One-off charges taken before or after you invest Entry charge Exit charge This is the maximum that might be taken out of your money before it is invested or before the proceeds of your investment are paid out. Charges taken from this Share Class over a year Ongoing charge 0.93% Charges taken from this Share Class under certain specific conditions Performance fee: D The actual entry and exit charges paid may be less. Information on charges can be obtained from the investor's financial adviser. D The Prospectus permits a fee to be charged for switching between Funds but this fee is currently waived by the Authorised Corporate Director. D The ongoing charge is based on the last year's expenses (excluding performance fees) ending 31 December D Charges are used to pay the costs of running this Share Class. These charges reduce the potential growth of the investment. D Further information about charges can be found in "Part 5: Charges and Expenses" section of the Prospectus. Past Performance % Q JPM Emerging Markets Income Fund C - Net Income (GB00B5N1BC33) Q Benchmark D Past performance is not a guide to future performance. D Performance data has been calculated including tax, ongoing charges and portfolio transaction costs and excluding entry and exit charges, in GBP. D Fund launch date: D Share Class launch date: Practical Information Depositary: The fund depositary is National Westminster Bank Plc. Further Information: A copy of the Prospectus and latest annual and semi-annual financial report in English can be downloaded or ordered online from or are available free of charge upon request from our UK-based Investor Services Team on (or if calling from outside the UK) or by writing to J. P. Morgan Asset Management, Client Administration Centre, PO Box 12272, Chelmsford, CM99 2EL. Share prices can be obtained online at or by telephoning (or if calling from outside the UK). Please note if you call J.P. Morgan Asset Management, calls may be recorded and monitored for security and training purposes. Remuneration Policy: The ACD's Remuneration Policy can be found on Ć emea-remuneration-policy. This policy includes details of how remuneration and benefits are calculated, including responsibilities and composition of the committee which oversees and controls the policy. A copy of this policy can be requested free of charge from the ACD. Tax: The Fund is subject to UK tax regulations. This may have an impact on an investor's personal tax position. Legal Information: JPMorgan Funds Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus. JPMorgan Fund ICVC consists of separate Funds, each of which issues one or more Share Classes. This document is prepared for a specific Share Class. The Prospectus and annual and semi-annual financial reports are prepared for JPMorgan Fund ICVC. The Fund is part of JPMorgan Fund ICVC. The assets and liabilities of each fund in JPMorgan Fund ICVC are segregated by law. This means that the assets of the Fund belong exclusively to the Fund and will not be used to pay the liabilities of any other person or body, including JPMorgan Fund ICVC or any other Fund within JPMorgan Fund ICVC. Switching and Conversion: Investors may switch into Shares of another Fund of JPMorgan Fund ICVC or convert Shares in one Class in a Fund to Shares of another Class in the same Fund subject to meeting any relevant eligibility requirements and minimum holding amounts. Further information can be found in "section Switching and Conversion of Shares" of the Prospectus. This Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority (FCA). JPMorgan Funds Limited is authorised in the United Kingdom and regulated by the FCA. This Key Investor Information is accurate as at 01/02/2017.

21 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Jupiter Absolute Return Fund I-Class I-Class Accumulation Units, ISIN: GB00B6Q84T67. The Manager is Jupiter Unit Trust Managers Limited. Objectives and investment policy The Fund objective is to make positive returns over a 3 year rolling period, regardless of whether stock markets have gone up or down. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be achieved over the 3 year rolling periods or in respect of any other time period. It can invest globally in: company shares; corporate or government bonds; cash deposits; and derivatives - these allow the Fund Manager to track changes in the price of an item, for example a company share, without actually owning it. Derivatives can be used with the aim of benefiting from the price of an investment falling. The Fund Manager can use derivatives to gain exposure to a number of different asset classes, including company shares, financial indices, commodities and currency exchange rates. Any income payable by the Fund will be automatically reinvested and reflected in the price of units. Investors are able to buy and sell units during any business day between 9am and 5.30pm. If you tell us to buy or sell units before 12pm on any business day we will make the transaction on the same day. If you tell us to buy or sell units after 12pm we will make the transaction on the following business day. Risk and reward profile The Risk and Reward Indicator table demonstrates where the Fund ranks in terms of its potential risk and reward. The higher the rank the greater the potential reward but the greater the risk of losing money. It is based on past data, may change over time and may not be a reliable indication of the future risk profile of the Fund. The shaded area in the table below shows the Fund s ranking on the Risk and Reward Indicator. Typically lower rewards, lower risk The lowest category does not mean no risk. Typically higher rewards, higher risk The Fund is in this category due to the nature of its investments and previous levels of volatility (how much the value of the Fund rises and falls). Market and exchange rate movements can cause the value of an investment to fall as well as rise, and you may get back less than originally invested. There is a risk that companies providing services such as safe keeping of assets or acting as counterparty to derivatives may become insolvent, which may cause losses to the Fund. Bonds are very sensitive to interest rate changes and it is possible that bond issuers will not pay interest or return the capital promised. Bonds can also be 'downgraded' by ratings agencies. All of these events can reduce the value of bonds held by the Fund and therefore impact performance. The Fund uses derivatives for investment purposes which under certain market conditions may cause the Fund to significantly fall in value. Investments in financial derivative instruments can introduce leverage risks which can amplify gains or losses in the Fund. Page 1 of 2.

22 Charges The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. One-off charges taken before or after you invest Entry charge 5.25% Exit charge 0.00% These are the maximum charges that we might take out of your money before it is invested and before we pay out the sale proceeds of your investment. In some cases, you might pay less and you should speak to your financial adviser about this. The ongoing charges figure is based on the last year s expenses and may vary from year to year. It excludes the costs of buying or selling assets for the Fund (unless these assets are shares of another fund). The ongoing charges figure quoted in this document is based on fees and expenses for the year to 31/10/2016. Further information about charges is available in sections 18 and 19 of the Scheme Particulars which are available from Jupiter on request. Jupiter reserves the right to levy an entry charge of 5.25%, although we do not currently include this in the price of the units. Charges taken from the Fund over a year Ongoing charges 0.86% Charges taken from the Fund under specific conditions Performance fee NONE Past performance % You should be aware that past performance is not a guide to future performance. Fund launch date: 14/12/2009 Share/unit class launch date: 19/09/2011 Performance is calculated in GBP. Performance is shown after the effect of ongoing charges but does not include any entry fees. Performance is calculated on a bid to bid basis, with income reinvested net of basic rate tax Fund Source: FE2016 Practical information Further information can be found by requesting the Scheme Particulars or annual and half-yearly report and accounts which are available from Jupiter on request by contacting our Customer Services Team on These documents are available in English and are free of charge. Jupiter operates a Group-wide remuneration policy, overseen by an independent Remuneration Committee. Details of this policy, including an overview of remuneration elements and associated governance processes, are set out on our website Fund-Management-plc/Governance/Risk-management from 18 March A paper copy of these Remuneration Disclosures is available free of charge, upon request. Unit prices can be found by visiting the Jupiter website, The name of the trustee is National Westminster Bank plc. The trustee has delegated the function of custodian to Northern Trust Company. Tax law may have an impact on your own tax position. We advise you to take tax advice where necessary. Jupiter Unit Trust Managers Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Scheme Particulars of the Fund. Other unit classes are available. Further information is available from Jupiter on request. The Fund is authorised and regulated by the Financial Conduct Authority in the UK. Jupiter Unit Trust Managers Limited is authorised and regulated by the Financial Conduct Authority in the UK This Key Investor Information is accurate as at 10/02/2017. Page 2 of 2.

23 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Jupiter Financial Opportunities Fund I-Class I-Class Accumulation Units, ISIN: GB00B5LG4657, (also representative of I-Class Income Units, ISIN: GB00B8JYV946 at launch date 29/10/2012). The Manager is Jupiter Unit Trust Managers Limited. Objectives and investment policy The Fund objective is to grow the money invested in the Fund over the long-term by investing on an international basis in shares of financial companies. The Fund will tend to invest in fewer different companies and invest more in each of the companies it holds than most other funds. The Fund s investment in UK companies will be equal to or greater than the UK weighting in the MSCI All Country World Financials Index or any successor benchmark index. Investment in other countries is, however, unconstrained. If you select I-Class Accumulation Units any income payable by the Fund will be automatically reinvested and reflected in the price of the units. If you select I-Class Income Units any income payable by the Fund will be distributed to investors on a regular basis. Investors are able to buy and sell units during any business day between 9am and 5.30pm. If you tell us to buy or sell units before 12pm on any business day we will make the transaction on the same day. If you tell us to buy or sell units after 12pm we will make the transaction on the following business day. Risk and reward profile The Risk and Reward Indicator table demonstrates where the Fund ranks in terms of its potential risk and reward. The higher the rank the greater the potential reward but the greater the risk of losing money. It is based on past data, may change over time and may not be a reliable indication of the future risk profile of the Fund. The shaded area in the table below shows the Fund s ranking on the Risk and Reward Indicator. Typically lower rewards, lower risk The lowest category does not mean no risk. Typically higher rewards, higher risk The Fund is in this category due to the nature of its investments and previous levels of volatility (how much the value of the Fund rises and falls). Market and exchange rate movements can cause the value of an investment to fall as well as rise, and you may get back less than originally invested. The Fund invests into a specific market sector and its value may be subject to periods of high volatility, causing the value of the Fund to fall and rise sharply over short periods of time. Page 1 of 2.

24 Charges The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. One-off charges taken before or after you invest Entry charge 5.25% Exit charge 0.00% These are the maximum charges that we might take out of your money before it is invested and before we pay out the sale proceeds of your investment. In some cases, you might pay less and you should speak to your financial adviser about this. The ongoing charges figure is based on the last year s expenses and may vary from year to year. It excludes the costs of buying or selling assets for the Fund (unless these assets are shares of another fund). The ongoing charges figure quoted in this document is based on fees and expenses for the year to 30/04/2016. Further information about charges is available in sections 18 and 19 of the Scheme Particulars which are available from Jupiter on request. Jupiter reserves the right to levy an entry charge of 5.25%, although we do not currently include this in the price of the units. Charges taken from the Fund over a year Ongoing charges 0.99% Charges taken from the Fund under specific conditions Performance fee NONE Past performance % You should be aware that past performance is not a guide to future performance. Fund launch date: 02/06/1997 Share/unit class launch date: 19/09/2011 Performance is calculated in GBP. Performance is shown after the effect of ongoing charges but does not include any entry fees. Performance is calculated on a bid to bid basis, with income reinvested net of basic rate tax Fund Source: FE2016 Practical information Further information can be found by requesting the Scheme Particulars or annual and half-yearly report and accounts which are available from Jupiter on request by contacting our Customer Services Team on These documents are available in English and are free of charge. Jupiter operates a Group-wide remuneration policy, overseen by an independent Remuneration Committee. Details of this policy, including an overview of remuneration elements and associated governance processes, are set out on our website Fund-Management-plc/Governance/Risk-management from 18 March A paper copy of these Remuneration Disclosures is available free of charge, upon request. Unit prices can be found by visiting the Jupiter website, The name of the trustee is National Westminster Bank plc. The trustee has delegated the function of custodian to Northern Trust Company. Tax law may have an impact on your own tax position. We advise you to take tax advice where necessary. Jupiter Unit Trust Managers Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Scheme Particulars of the Fund. Other unit classes are available. Further information is available from Jupiter on request. The Fund is authorised and regulated by the Financial Conduct Authority in the UK. Jupiter Unit Trust Managers Limited is authorised and regulated by the Financial Conduct Authority in the UK This Key Investor Information is accurate as at 10/02/2017. Page 2 of 2.

25 KEY INVESTOR INFORMATION This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Legal & General Global Health & Pharmaceuticals Index Trust I Class Accumulation ISIN: GB00B0CNH387 This fund is managed by Legal & General (Unit Trust Managers) Limited. OBJECTIVE AND INVESTMENT POLICY Objective The objective of this fund is to provide growth by tracking the performance of those companies in the FTSE World Index which are engaged in Health, Pharmaceuticals and Biotechnology activities. Investment policy: The fund will invest almost entirely in company shares. The fund's investments will closely match those that make up the Index. The Index consists of company shares from around the world. The fund may use derivatives (contracts which have a value linked to the price of another asset) to: reduce risk or cost; or generate additional capital or income with no, or an acceptably low, level of risk. Other information: RISK AND REWARD PROFILE Lower risk Potentially lower rewards Higher risk Potentially higher rewards This risk and reward indicator is based on historical data which may not be a reliable indication of the fund's risk and reward category in the future. The category is based on the rate at which the value of the fund has moved up and down in the past. This fund is in category 5 because it invests in company shares which generally provide higher rewards and higher risks than other investments such as bonds, cash or commercial property. The fund's category is not guaranteed to remain the same and may change over time. Even a fund in the lowest category is not a risk free investment. The value of your investment may fall as well as rise and is not guaranteed. You might get back less than you invest. If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units. You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 3.00pm. This is the time we calculate unit prices for this fund. If you contact us after 3.00pm, the units will be bought or sold at the next working day's price. This fund is designed for investors looking to grow their money in an investment which can form part of their existing savings portfolio. Although investors can take their money out at any time, this fund may not be appropriate for those who plan to withdraw their money within five years. If you do not understand this document we recommend you seek additional information to help you decide if this fund is right for you. The risk and reward indicator may not take account of the following risks of investing in the fund: The return from this fund is dependent on relatively few individual investments. This means that a fall in the value of an individual investment can have a major impact on the overall performance of the fund. Most of the fund holds investments from a particular market sector, that of health, pharmaceuticals and biotechnlogy. Investing like this can be riskier than investing across many market sectors. This is because the value of the fund can go up and down in value more often and by larger amounts than funds that are spread more widely, especially in the short term. The fund could lose money if any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, becomes unwilling or unable to meet its obligations to the fund. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains. The fund may have underlying investments that are valued in currencies that are different from Sterling (British Pounds). Any such investments will be impacted by exchange rate fluctuations and this may affect the value of your investment and any income from it. Currency hedging techniques may have been applied to reduce the impact of exchange rate fluctuations but may not entirely eliminate it. If you use your right to cancel your investment, you may not get a full refund if the value of your investment falls before we carry out your instruction.

26 (return %) CHARGES FOR THIS FUND The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential return from your investment. One-off charges taken before or after you invest Entry charge 0.00%* Exit charge 0.00%* This is the maximum that might be taken out of your money before it is invested. *The fund also incurs a unit price spread. See opposite. Charges taken from the fund over a year Ongoing charges 0.31% Charges taken from the fund under certain specific conditions Performance fee PAST PERFORMANCE The entry and exit charges shown are maximum figures. In some cases (including when switching to other funds managed by us) you might pay less - you can find out the actual figures from us or your financial adviser. The ongoing charges figure is based on the latest available expenses at December This figure may change in the future. This fund's ongoing charges include any charges made by any other funds it may invest in. Other costs: Unit price spread: each day there are two prices for this fund: a higher price you pay to buy units and a lower price you receive when you sell units. The fund manager sets these prices. The difference between these prices is called the 'spread'. The spread is separate to the entry, exit and ongoing charges shown in this section. This fund's spread reflects the difference between the buying and selling prices of the assets it holds and costs associated with buying and selling the assets. The spread can change at any time and by any amount. As an example, the buying price for units in this fund was 0.18% higher than the selling price at 31 December For more information about charges and costs, please see the charges and expenses section in the fund's Prospectus, or visit our website at legalandgeneral.com/chargesandfees Past performance is not a guide to future performance. The figures for the fund take into account all charges except any entry charge, and assume income (after any tax) is reinvested. The performance has been calculated in Sterling (British pounds). The fund will not replicate the performance of its benchmark index perfectly. This is because the fund will incur drags on performance such as expenses, tax and transactions costs, which the benchmark index is not subject to. The annual return is for a 12 month period ending 31 December. The fund launched in This unit class launched in Fund Index PRACTICAL INFORMATION The trustee is Northern Trust Global Services Limited. You can find further information about the fund in its Prospectus and latest annual and half-yearly reports at A Guide to Investing with Us at gives further information about investing generally. These documents are also available from: Legal & General Investments, PO Box 6080, Wolverhampton WV1 9RB. We will provide documents free of charge and in English. You can get other practical information, including the latest buying and selling prices, spreads and details of any other unit classes that are available, by calling us on Monday to Friday between 8.30am and 6.00pm. Call charges will vary. You can also find details of how we price units in A Guide to Investing with Us. UK tax legislation may have an impact on your personal tax position. Legal & General (Unit Trust Managers) Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the fund. You can find details of our Remuneration Policy at You can also request a paper copy free of charge. The Policy includes details of our Remuneration Committee and how remuneration and benefits are calculated. This fund is authorised in the UK and regulated by the Financial Conduct Authority. This key investor information is accurate as at 15 February 2017.

27 KEY INVESTOR INFORMATION This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Legal & General International Index Trust I Class Distribution ISIN: GB00B2Q6HX78 This fund is managed by Legal & General (Unit Trust Managers) Limited. OBJECTIVE AND INVESTMENT POLICY Objective The objective of this fund is to provide growth by tracking the performance of the FTSE World (ex UK) Index. Investment policy: The fund will invest almost entirely in company shares. The fund's investments will closely match those that make up the Index. The Index consists of a broad spread of company shares from around the world (excluding UK companies). The fund may use derivatives (contracts which have a value linked to the price of another asset) to: reduce risk or cost; or generate additional capital or income with no, or an acceptably low, level of risk. The fund may also invest in cash or cash-like investments and other funds. Other information: RISK AND REWARD PROFILE Lower risk Potentially lower rewards Higher risk Potentially higher rewards This risk and reward indicator is based on historical data which may not be a reliable indication of the fund's risk and reward category in the future. The category is based on the rate at which the value of the fund has moved up and down in the past. This fund is in category 5 because it invests in company shares which generally provide higher rewards and higher risks than other investments such as bonds, cash or commercial property. The fund's category is not guaranteed to remain the same and may change over time. Even a fund in the lowest category is not a risk free investment. The value of your investment and any income you take from it may fall as well as rise and is not guaranteed. You might get back less than you invest. If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend). This will reduce your capital growth accordingly. You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 3.00pm. This is the time we calculate unit prices for this fund. If you contact us after 3.00pm, the units will be bought or sold at the next working day's price. This fund is designed for investors looking to grow their money in an investment which can form part of their existing savings portfolio. Although investors can take their money out at any time, this fund may not be appropriate for those who plan to withdraw their money within five years. If you do not understand this document we recommend you seek additional information to help you decide if this fund is right for you. The risk and reward indicator may not take account of the following risks of investing in the fund: The fund could lose money if any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, becomes unwilling or unable to meet its obligations to the fund. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains. The fund may have underlying investments that are valued in currencies that are different from Sterling (British Pounds). Any such investments will be impacted by exchange rate fluctuations and this may affect the value of your investment and any income from it. Currency hedging techniques may have been applied to reduce the impact of exchange rate fluctuations but may not entirely eliminate it. If you use your right to cancel your investment, you may not get a full refund if the value of your investment falls before we carry out your instruction.

28 (return %) CHARGES FOR THIS FUND The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential return from your investment. One-off charges taken before or after you invest Entry charge 0.00%* Exit charge 0.00%* This is the maximum that might be taken out of your money before it is invested. *The fund also incurs a unit price spread. See opposite. Charges taken from the fund over a year Ongoing charges 0.13% Charges taken from the fund under certain specific conditions Performance fee PAST PERFORMANCE The entry and exit charges shown are maximum figures. In some cases (including when switching to other funds managed by us) you might pay less - you can find out the actual figures from us or your financial adviser. The ongoing charges figure is based on the latest available expenses at December This figure may change in the future. This fund's ongoing charges include any charges made by any other funds it may invest in. Other costs: Unit price spread: on any day, the prices for buying or selling units in this fund are the same. However, there are maximum and minimum prices we can charge for units, reflecting the difference between the buying and selling prices of the assets in the fund and costs associated with buying and selling the assets. We can move the price depending on whether money is coming into or leaving the fund. The fund manager sets these prices. From day to day we will move the unit price between these prices as necessary. The difference between the maximum and minimum prices is called the spread. The spread is separate to the entry, exit and ongoing charges shown in this section. The spread can change at any time and by any amount. As an example, the maximum price for units in this fund was 0.19% higher than the minimum price at 31 December For more information about charges and costs, please see the charges and expenses section in the fund's Prospectus, or visit our website at legalandgeneral.com/chargesandfees Fund Index Past performance is not a guide to future performance. The figures for the fund take into account all charges except any entry charge, and assume income (after any tax) is reinvested. The performance has been calculated in Sterling (British pounds). The fund will not replicate the performance of its benchmark index perfectly. This is because the fund will incur drags on performance such as expenses, tax and transactions costs, which the benchmark index is not subject to. The annual return is for a 12 month period ending 31 December. The fund launched in This unit class launched in PRACTICAL INFORMATION The trustee is Northern Trust Global Services Limited. You can find further information about the fund in its Prospectus and latest annual and half-yearly reports at A Guide to Investing with Us at gives further information about investing generally. These documents are also available from: Legal & General Investments, PO Box 6080, Wolverhampton WV1 9RB. We will provide documents free of charge and in English. You can get other practical information, including the latest buying and selling prices, spreads and details of any other unit classes that are available, by calling us on Monday to Friday between 8.30am and 6.00pm. Call charges will vary. You can also find details of how we price units in A Guide to Investing with Us. UK tax legislation may have an impact on your personal tax position. Legal & General (Unit Trust Managers) Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the fund. You can find details of our Remuneration Policy at You can also request a paper copy free of charge. The Policy includes details of our Remuneration Committee and how remuneration and benefits are calculated. This fund is authorised in the UK and regulated by the Financial Conduct Authority. This key investor information is accurate as at 15 February 2017.

29 KEY INVESTOR INFORMATION This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. H2O MultiReturns Fund (N/AG (GBP) ISIN: GB00BFNXSH36) a sub-fund of NGAM Investment Funds U.K. ICVC Authorised Corporate Director: NGAM S.A., part of the Natixis group of companies Objectives and Investment Policy Investment objective: The investment objective of H2O MultiReturns Fund (the Fund ) is to seek to outperform 1-month GBP LIBOR rate by 4% p.a. over a recommended investment horizon of 3 years, less the ongoing charges ratio. The 1-month GBP LIBOR is the average rate of interbank loans in Pounds Sterling over a one month period. There can be no guarantee that the investment objective of the Fund will be achieved over a 3 year period or any other period and your investment is at risk. Investment policy: The Fund seeks diversification of its assets among global fixed income securities (e.g. bonds), money market instruments e.g. debt securities with short-term maturities), equity securities (e.g. shares) and currency markets. The Fund is actively managed and may use derivatives (e.g. financial contracts that derive their values from the price of underlying assets) to gain exposure to the permitted assets. The Fund may invest up to 100% of its assets in fixed income securities and money market instruments which may be issued or guaranteed by governments and companies and which may be below investment grade. Investment grade fixed income securities are securities rated at least BBB- (Standard & Poor s Ratings Services), Baa3 (Moody s Investors services, Inc.), an equivalent rating by Fitch ratings or if unrated, determined by H2O Asset Management L.L.P., the Investment Manager to be of equivalent quality. The Funds investment in fixed income securities may include zero coupons bonds (i.e. bonds which make no periodic interest payments but are traded at a discount to the face value), certificates of deposit (i.e. a certificate with a fixed maturity date and interest rate that is issued by a bank in exchange for the deposit of cash) and commercial paper (i.e. a short term unsecured debt instrument issued.by a company in exchange for a loan of cash). The Fund may invest no more than 20% of its assets in investment grade collateralized bonds (e.g. an investment grade security backed by a pool of bonds, loans or other assets) including asset-backed securities and mortgagebacked securities (e.g. debt securities whose value and income payments are derived from and secured by a specified pool of assets or mortgage loans, respectively). The Investment Manager may use derivatives to hedge the credit risk arising from the Fund s investments and to adjust the interest rate sensitivity (i.e. the extent to which a fixed income security will fluctuate in price as a result of changes in interest rates) of the Fund s portfolio. The Fund may invest up to 30% of its assets in global equity securities. The Investment Manager may take short equity positions (i.e. sale of a borrowed security with the expectation that the security will fall in value) through the use of derivatives. The Fund may invest up to 30% of its assets in taking short equity positions. The Fund may invest up to 10% of its net assets in other funds. The Fund may invest in issuers from any country and may be exposed to any currency including currencies of non-oecd countries (i.e. countries that are not members of the Organisation for Economic Co-operation and Development). Under normal market conditions, it is expected that the actual annualised volatility of the Fund (i.e. the measure of how much the value of the Fund has gone up or down over a given time period) will typically be between 5-10% over a three year investment horizon. However, the Fund s actual annualised volatility may be outside of this expected range over rolling investment horizons as a consequence of volatile market conditions or due to inherent volatility of certain investments held by the Fund. The base currency of the Fund is the British Pound Sterling. Shares in the Fund may be purchased, sold or exchanged on any business day in the U.K. Income derived from the Fund is distributed for Distribution Shares and reinvested for Accumulation Shares. Please refer to the section entitled Distribution and Accumulation Shares of the Prospectus for additional information. Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within the investment horizon of 3 years. Risk and Reward Profile Lower Risk Typically Lower Rewards Higher Risk Typically Higher Rewards This ranking on the synthetic risk and reward indicator scale is due to the Fund s allocation to fixed income, equity and currency markets. Historical data may not be a reliable indication for the future. The risk category shown is not guaranteed and may shift over time. There is no capital guarantee or protection on the value of the Fund. The lowest category does not mean risk free. The risks of the Fund are managed through the use of the absolute Valueat-Risk method due to its extensive use of derivatives. The following risks are materially relevant to the Fund but are not adequately captured by the synthetic indicator: Derivatives and Counterparty risks: Funds may enter into listed and unlisted derivative contracts to indirectly invest on an underlying asset or to secure their assets. The payment on these contracts varies with changes of the value of the underlying assets.* These instruments are traded on a borrowing mechanism (leverage). For the fund, the result is a higher market exposure than they could basically have. It may, in some cases, multiply losses. An unlisted contract is directly signed with a specific counterparty which means that in the event of insolvency of the counterparty, the Funds could suffer a loss. Due to their unlisted specificity, these contracts are difficult to price. Below Investment Grade securities risk: If Funds invest in higher risk securities issued by company, financial or sovereign issuers, Funds have greater exposure to and are at a greater risk that this issuer will not be able to reimburse debt holders (principal and interest payment). In addition, if after acquisition the perceived risk of failure increases, the value of such securities is likely to decrease. Funds may also not be able to sell below investment grade securities quickly and easily. Finally, such securities may be subject to important price fluctuation. Changing interest rates: The value of fixed income securities held by a fund will rise or fall inversely with changes in interest rates. When interest rates decline, the market value of fixed income securities tends to increase. Interest rates typically vary from one country to the next for reasons including rapid fluctuations of a country s money supply, changes in demand by businesses and consumers to borrow money, and actual or anticipated changes in the rate of inflation. Please refer to the section entitled Risk Factors of the Prospectus for additional details on risks.

30 Charges for this Fund The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. Charges by Share Class-Share Class N One-Off charges taken before or after you invest Entry Charge 1.00% Exit Charge 0.00% This is the maximum that might be taken out of your money before it is invested. Charges taken from the Fund over a year Ongoing Charges: 1.00% p.a. Charges taken from the Fund under certain specific conditions Performance Fee: Past Performance 30% 25% 20% 15% 10% 5% 0% The entry and exit charges shown are maximum figures. In some cases you might pay less you can find this out from your financial adviser. The ongoing charges figure shown here is based on expenses for the year ending December It excludes the portfolio transaction costs, except in the case of an entry/exit charge paid by the Fund when buying or selling units in an underlying Fund. The Fund s annual report for each financial year will include detail on the exact charges made. For more information about charges, please refer to sections Fees and Expenses and Buying and Selling of Shares of the Fund s prospectus, which is available at the registered office of the Authorised Corporate Director or at ngam.natixis.com/uk. Fund Index Past performance is not a reliable indicator of future performance. Practical Information Depositary: State Street Trustees Limited 20 Churchill Place Canary Wharf, London, E14 5HJ This bar chart shows the performance of the N/AG(GBP) Share Class in its currency of quotation, net of ongoing charges and excluding entry or exit charges. The Fund and the share class were launched on 16 October Authorised Corporate Director: NGAM S.A. 2 rue Jean Monnet L-2180 Luxembourg, Grand Duchy of Luxembourg Cut-off Deadline: noon GMT Additional information about the Company and the Fund (including the full prospectus, reports and accounts for the Company), procedure for the exchange of Shares from one sub-fund to another sub-fund and the Investment Manager may be obtained free of charge at the registered office of the Authorised Corporate Director or the Depositary. Prices per Share of the Fund may be obtained at the registered office of the Authorised Corporate Director or in the Financial Times. The assets and liabilities of each sub-fund are segregated, therefore the rights of investors and creditors concerning a sub-fund are limited to the assets of that sub-fund, unless otherwise provided in the constitutional documents of the Company. This Fund might be subject to specific tax treatment in the U.K. Depending on your own country of residence, this might have an impact on your investment. For further details, please contact an adviser. Details of the Management Company s up-to-date remuneration policy, which describes how remuneration and benefits are calculated and awarded, can be accessed from the following website: A paper copy of the remuneration policy is also available free of charge upon request to the Management Company. Share Class - Additional Information Minimum Initial Investment Minimum Holding Dividend Policy Ongoing Charges Share Class ISIN Type of Investors Currency N/AG(GBP) GB00BFNXSH36 Retail investors Sterling 50,000 50,000 Accumulation 1.00%p.a N/DG(GBP) GB00BFNXSJ59 Retail investors Sterling 50,000 50,000 Distribution 1.00%p.a NGAM S.A. may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the prospectus for the Fund. The Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority.* NGAM S.A. is authorised in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier.* This key investor information is accurate as at 6 April 2017.

31 KEY INVESTOR INFORMATION This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Harris Associates Global Concentrated Equity Fund (N/A(GBP) ISIN: GB00BN405018) a sub-fund of NGAM Investment Funds U.K. ICVC Authorised Corporate Director: NGAM S.A., part of the Natixis group of companies Objectives and Investment Policy Investment objective: The investment objective of Harris Associates Global Concentrated Equity Fund (the Fund ) is to achieve long-term growth of capital. Investment policy: In order to meet its objective, the Fund will invest at least 80% of its assets in shares of companies around the world quoted on Eligible Markets, including emerging markets. The Fund may invest in companies with a market capitalization greater than $5 billion at the time of initial purchase. The Fund s equity investments include common stocks, preferred stocks and equity-related instruments such as securities which entitle the holder to buy the underlying stock of the issuing company at a fixed exercise price until the expiry date (warrants), securities which entitle the holder to buy new shares issued by the issuing company at a predetermined price in proportion to the number of shares already owned (rights), debt instruments having a final payout based on the return of the underlying equity (equitylinked notes) and tradable debt (bond) that may be converted into stocks (convertible bonds), as well as other equityrelated instruments issued by non-u.s. companies traded on non-u.s. exchanges or as instruments traded on a local stock exchange representing equity issued by a foreign-listed company (depositary receipts) for any of those equity investments. The Fund may invest up to 20% of its assets in cash, cash equivalents or other types of securities other than those described above, including, where permitted in accordance with FCA Rules, securities which are offered privately in the U.S. to certain categories of U.S. investors (Rule 144A securities). The Fund may invest no more than 10% of its assets in other funds (underlying funds). The Fund may invest no more than 10% of its assets in securities which may be sold through a private offering (unlisted securities). The Fund is actively managed and seeks to hold a limited number of securities resulting in a concentrated portfolio. The Fund will generally have approximately 20 securities in its portfolio, but may hold more or less securities depending on investment opportunities. Investing in a limited number of securities could result in less diversification than funds that invest in a larger number of securities. On an ancillary basis, the Fund may use derivatives (financial contracts that derive their values from those of other investment instruments) to offset potential losses that may be incurred by other investments made (hedging) and for investment purposes. The base currency of the Fund is the U.S. dollar. Shares in the Fund may be purchased, sold or exchanged on any business day in the U.K. Income derived from the Fund is distributed for distributing Shares and reinvested for accumulating Shares. Please refer to the section entitled Distribution and Accumulation Shares; Net and Gross Shares of the Prospectus for additional information. Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years. Risk and Reward Profile Lower Risk Typically Lower Rewards Higher Risk Typically Higher Rewards This ranking on the synthetic risk and reward indicator scale is due to the Fund s allocation to equity markets. Historical data may not be a reliable indication for the future. The risk category shown is not guaranteed and may shift over time. There is no capital guarantee or protection on the value of the Fund. The lowest category does not mean risk free. The following risks are materially relevant to the Fund but are not adequately captured by the synthetic indicator: Growth/Value Equities risk: Investments in equities tend to fluctuate more than investments in bonds, but also offer greater potential for growth. The price of equity investments may sometimes fluctuate quite dramatically in response to the activities and results of individual companies, as well as in connection with general market and economic conditions. Additionally, funds may hold equities having a growth bias; prices of the growth bias equities tend to be more sensitive to certain market movements as they are often subject to factors such as future earnings expectations which may vary with changing market conditions. Portfolio Concentration risk: Funds investing in a limited number of securities may increase the fluctuation of such funds investment performance. If such securities perform poorly, the fund could incur greater losses than if it had invested in a larger number of securities. Please refer to the section entitled Risk Factors of the Prospectus for additional details on risks.

32 Charges for this Fund The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. Charges by Share Class-Share Class N One-Off charges taken before or after you invest Entry Charge 1.00% Exit Charge 0.00% This is the maximum that might be taken out of your money before it is invested (entry charge) and before the proceeds of your investment are paid out (exit charge). Charges taken from the Fund over a year Ongoing Charges: 1.20% p.a. Charges taken from the Fund under certain specific conditions Performance Fee: Past Performance 80% 60% 40% 20% 0% -20% -40% The entry and exit charges shown are maximum figures. In some cases you might pay less you can find this out from your financial adviser. The ongoing charges figure shown here is based on expenses for the year ending December It excludes the portfolio transaction costs, except in the case of an entry/exit charge paid by the Fund when buying or selling units in an underlying Fund. The Fund s annual report for each financial year will include detail on the exact charges made. For more information about charges, please refer to sections Fees and Expenses and Buying and Selling of Shares of the Fund s prospectus, which is available at the registered office of the Authorised Corporate Director or at ngam.natixis.com/uk. Fund Index Past performance is not a reliable indicator of future performance. Practical Information Depositary: State Street Trustees Limited 20 Churchill Place Canary Wharf, London, E14 5HJ This bar chart shows the performance of the N/A(GBP) Share Class in its currency of quotation, net of ongoing charges and excluding entry or exit charges. The Fund was launched on 7 July 2014 and the share class was launched on 7 July Authorised Corporate Director: NGAM S.A. 2 rue Jean Monnet L-2180 Luxembourg, Grand Duchy of Luxembourg Cut-off Deadline: noon GMT Additional information about the Company and the Fund (including the full prospectus, reports and accounts for the Company), procedure for the exchange of Shares from one sub-fund to another sub-fund, may be obtained free of charge at the registered office of the Authorised Corporate Director or the Depositary. Prices per Share of the Fund may be obtained at the registered office of the Authorised Corporate Director or in the Financial Times. The assets and liabilities of each sub-fund are segregated, therefore the rights of investors and creditors concerning a sub-fund are limited to the assets of that sub-fund, unless otherwise provided in the constitutional documents of the Company. This Fund might be subject to specific tax treatment in the U.K. Depending on your own country of residence, this might have an impact on your investment. For further details, please contact an adviser. Details of the Management Company s up-to-date remuneration policy, which describes how remuneration and benefits are calculated and awarded, can be accessed from the following website: A paper copy of the remuneration policy is also available free of charge upon request to the Management Company. Share Class - Additional Information Minimum Initial Investment Minimum Holding Dividend Policy Ongoing Charges Share Class ISIN Type of Investors Currency N/A(GBP) GB00BN Retail investors Sterling 50,000 50,000 Accumulation 1.20%p.a N/A(USD) GB00BN404Z94 Retail investors U.S. Dollar $100,000 $100,000 Accumulation 1.20%p.a NGAM S.A. may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the prospectus for the Fund. The Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority.* NGAM S.A. is authorised in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier.* This key investor information is accurate as at 17 March 2017.

33 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Premier Pan European Property Share Fund Class C Shares A sub-fund of the Premier Funds Class C Accumulation Shares, ISIN no.gb00b65pfy02 (representative share class) & Class C Income Shares, ISIN no.gb00b65pfx94 Authorised Corporate Director - Premier Portfolio Managers Ltd. Objectives and investment policy The aim of the Fund is to grow the value of your original investment over the long term and provide an income. The Fund will invest mainly in UK and Continental European quoted property shares. The Fund is actively managed which means that the Fund Manager will choose the investments, currencies and markets held in the Fund but always within the boundaries outlined in the Fund s objective and policy. The full investment objective and policy, which outline all the eligible investments, are available in the Fund s prospectus. You can buy, sell and switch shares in the Fund on any UK business day. We will need to receive your instruction before 12 noon to buy shares at that day s price. Terms Explained: Accumulation Shares: any income made by the Fund will be reinvested to grow the value of your investment. Income Shares: any income made by the Fund will be paid out to you. Risk and reward profile The Risk and Reward Indicator table demonstrates where the Fund ranks in terms of its potential risk and reward. The higher the rank the greater the potential reward but the greater the risk of losing money. It is based on past data, may change over time and may not be a reliable indication of the future risk profile of the Fund. The shaded area in the table below shows the Fund s ranking on the Risk and Reward Indicator. Typically lower rewards, lower risk Typically higher rewards, higher risk The Fund is ranked as 5 because it has experienced medium to high rises and falls in value over the past five years. Please note that even the lowest ranking does not mean a risk-free investment. The Fund holds shares in companies with exposure to the property sector and concentrated by location in the UK and continental Europe. Equities tend to experience higher volatility than many other asset types such as corporate bonds or money market instruments. Property as an asset class tends to experience cyclicality which increases the volatility of return. Funds concentrated by geographic location are more vulnerable to market sentiment in that specific location and can carry a higher risk than funds holding more diversified assets. The Fund uses derivatives in a controlled manner to reduce currency exposure; this reduces the risk profile of the fund. The indicator may not take fully into account the following risks of investing in this fund: Legal or tax risk: arising from a change in legal regulations, tax rules or the application of them. A more detailed description of the risks identified as being applicable to the Fund are set out in the Risk Factors section of the Prospectus. Page 1 of 2

34 Charges The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. One-off charges taken before or after you invest Entry charge 0.00% Exit charge 0.00% These are the maximum charges that we might take out of your money before it is invested and before we pay out the sale proceeds of your investment. In some cases, you might pay less and you should speak to your financial adviser about this. Charges taken from the Fund over a year Ongoing charges 0.89% Charges taken from the Fund under specific conditions Switching charge (for switching into the Fund from another fund) 0.00%. The ongoing charges figure is based on the last year s expenses and may vary from year to year. It excludes the costs of buying or selling assets for the Fund (unless these assets are shares of another fund). For more information about charges, please refer to the Fund's prospectus. For the Ongoing Charge, the figure was calculated as at 31/05/2016. Performance fee NONE Past performance % Fund You should be aware that past performance is not a guide to future performance. Fund launch date: 01/06/2001. Share/unit class launch date: 01/04/2009. Performance is calculated in GBP. Performance is net of charges (excluding entry charge) and net of tax. Practical information This document should be read in conjunction with the Supplementary Information Document (SID). For further information about the Fund, including the SID, a free English language copy of the full Prospectus, half-yearly and annual reports and accounts (which are prepared in relation to Premier Funds of which the Fund is a sub-fund), please visit call us on or write to us at Premier Portfolio Managers Limited, PO Box 3733, Royal Wootton Bassett, Swindon SN4 4BG. You can also obtain other practical information including the current price of shares in the Fund on the website. You can exchange your shares for shares in other sub-funds of the Company, as and when they are available. For more information on how to switch to another sub-fund, please call us on or see the Prospectus on the website. The Fund s Depositary is Northern Trust Global Services Limited. UK tax legislation may have an impact on your personal tax position. Premier Portfolio Managers Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the Fund. The Fund has its own portfolio of assets and liabilities and its assets shall not be available to satisfy debts that have arisen in other sub-funds of the Company (this concept is known as segregated liability ). The Class C Accumulation Shares have been used as representative. Information about the share classes available can be found in the Prospectus. A copy of the Remuneration Policy, which includes a description of how remuneration and benefits are calculated and the identity of those who make up the Remuneration Committee, which is responsible for awarding remuneration and benefits, is available within the Important Information section of the website ( A paper copy will be made available free of charge, upon request. The Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. Premier Portfolio Managers Limited is authorised in the United Kingdom and regulated by the Financial Conduct Authority of 25 the North Colonnade, Canary Wharf, London, E14 5HS with registered address Eastgate Court, High Street, Guildford, Surrey, GU1 3DE. Premier Portfolio Managers Ltd is registered in England No This Key Investor Information is accurate as at 20/02/2017. Page 2 of 2

35 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Schroder Asian Income Fund an Authorised Unit Trust of Schroder Unit Trusts Limited Class Z Income GBP (GB00B559X853) This fund is managed by Schroder Unit Trusts Limited, which is a member of the Schroders Group. Objectives and Investment Policy Objectives The fund aims to provide capital growth and income over the long term by investing in equities of Asia Pacific companies excluding Japan but including Australia and New Zealand. Investment Policy The fund invests at least 80% of its assets in equiteis of Asia Pacific companies excluding Japan, but including Australia and New Zealand which offer dividend payments. The fund may also invest in collective investment schemes and warrants, and hold cash. The fund may use derivatives with the aim of reducing risk or managing the fund more efficiently. Risk and Reward Profile Lower risk Potentially lower reward Higher risk Potentially higher reward The risk and reward indicator The risk category was calculated using historical performance data and may not be a reliable indicator of the fund's future risk profile. The fund's risk category is not guaranteed to remain fixed and may change over time. A fund in the lowest category does not mean a risk-free investment. The fund is in this category because it can take higher risks in search of higher rewards and its price may rise and fall accordingly. Risk factors The following risks may affect fund performance. Benchmark This unit class is managed with reference to the MSCI AC Pacific ex Japan (NDR) financial index. The manager invests on a discretionary basis and is not limited to investing in accordance with the composition of this benchmark. Dealing Frequency You may redeem your investment upon demand. This fund deals daily. Distribution Policy This unit class pays income received from the fund's investments to you half yearly. China country risk: Changes in China's political, legal, economic or tax policies could cause losses or higher costs for the fund. Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. Emerging markets & frontier risk: Emerging markets, and especially frontier markets, generally carry greater political, legal, counterparty and operational risk. Equity risk: Equity prices fluctuate daily, based on many factors including general, economic, industry or company news. Liquidity risk: In difficult market conditions, the fund may not be able to sell a security for full value or at all. This could affect performance and could cause the fund to defer or suspend redemptions of its shares. Operational risk: Failures at service providers could lead to disruptions of fund operations or losses.

36 Schroder Unit Trusts Limited Schroder Asian Income Fund Charges One-off charges taken before or after you invest Entry charge Exit charge This is the maximum that might be taken out of your money before it is invested. Charges taken from the fund over a year Ongoing Charge 0.93% Charges taken from the fund under certain specific conditions Performance fee Past Performance % Q Z Income GBP (GB00B559X853) Q MSCI AC Pacific ex Japan (NDR) The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. The entry and exit charges shown are maximum figures and in some cases you might pay less. You can find out the actual entry and exit charges from your financial advisor. The ongoing charges figure is based on the last year's expenses for the year ending July 2016 and may vary from year to year. When buying back units, the manager may sell them to other investors and retain the difference between the bid and offer price. Please see the prospectus for more details about the charges. Past performance is not a guide to future performance and may not be repeated. The value of investments may go down as well as up and you may not get back the amount you originally invested. The chart shows performance in British pound after the ongoing charges and the portfolio transaction costs have been paid. The fund was launched on 19 February Performance shown during this period predates the launch of this unit class and has been simulated using the history of a similar unit class within the fund. 2 This unit class was managed with reference to the MSCI AC Pacific (Japan at 10%) index until December Practical Information Trustee: J. P. Morgan Europe Ltd. Further Information: You can get further information about this fund, including the prospectus, latest annual report, any subsequent half-yearly reports and the latest price of units from and from Schroders, PO Box 1102, Chelmsford, Essex, CM99 2XX, England, telephone They are in English, free of charge. Tax Legislation: The fund is subject to UK tax legislation which may have an impact on your personal tax position. Liability: Schroder Unit Trusts Ltd may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the fund's prospectus. Switches: Subject to conditions, you may apply to switch your investment into another unit class within this fund or in another Schroder fund. Please see the prospectus for more details. Remuneration Policy: A summary of Schroders' remuneration policy and related disclosures is at A paper copy is available free of charge upon request. Glossary: You can find an explanation of some of the terms used in this document at This fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority (FCA). This key investor information is accurate as at 17 February 2017.

37 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Schroder QEP Global Core Fund an Authorised Unit Trust of Schroder Unit Trusts Limited Class A Income GBP (GB00B53G9Z70) This fund is managed by Schroder Unit Trusts Limited, which is a member of the Schroders Group. Objectives and Investment Policy Objectives The fund aims to provide capital growth and income. Investment Policy At least 80% of the fund will be invested in shares of companies worldwide with no bias to any particular industry or size company. Global Core takes the benchmark as its starting point with the fund manager investing in lots of small positions. This means that the fund's returns are delivered with a level of risk that is closely tied to that of the benchmark. Our views on the factors that contribute to share price returns are fed into a model which allows us to analyse over 15,000 companies on a daily basis. We are then able to build a highly diversified portfolio of over 500 companies minimising the risk that performance of a single stock could significantly affect the performance of the overall fund. Risk and Reward Profile Lower risk Potentially lower reward Higher risk Potentially higher reward The risk and reward indicator The risk category was calculated using historical performance data and may not be a reliable indicator of the fund's future risk profile. The fund's risk category is not guaranteed to remain fixed and may change over time. A fund in the lowest category does not mean a risk-free investment. The fund is in this category because it can take higher risks in search of higher rewards and its price may rise and fall accordingly. Risk factors The following risks may affect fund performance. Counterparty risk: The counterparty to a derivative or other contractual agreement or synthetic financial product could The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to achieve the investment objective and to reduce risk or manage the fund more efficiently. Benchmark This unit class is managed with reference to the MSCI World (NDR) GBP financial index. The manager invests on a discretionary basis and is not limited to investing in accordance with the composition of this benchmark. Dealing Frequency You may redeem your investment upon demand. This fund deals daily. Distribution Policy This unit class pays income received from the fund's investments to you half yearly. become unable to honour its commitments to the fund, potentially creating a partial or total loss for the fund. Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. Derivatives risk: A derivative may not perform as expected, and may create losses greater than the cost of the derivative. Equity risk: Equity prices fluctuate daily, based on many factors including general, economic, industry or company news. Leverage risk: The fund uses derivatives for leverage, which makes it more sensitive to certain market or interest rate movements and may cause above-average volatility and risk of loss. Liquidity risk: In difficult market conditions, the fund may not be able to sell a security for full value or at all. This could affect performance and could cause the fund to defer or suspend redemptions of its shares. Operational risk: Failures at service providers could lead to disruptions of fund operations or losses.

38 Schroder Unit Trusts Limited Schroder QEP Global Core Fund Charges One-off charges taken before or after you invest Entry charge Exit charge This is the maximum that might be taken out of your money before it is invested. Charges taken from the fund over a year Ongoing Charge 0.40% Charges taken from the fund under certain specific conditions Performance fee The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. The entry and exit charges shown are maximum figures and in some cases you might pay less. You can find out the actual entry and exit charges from your financial advisor. The ongoing charges figure is based on the last year's expenses for the year ending December 2016 and may vary from year to year. Please see the prospectus for more details about the charges. Past Performance % Q A Income GBP (GB00B53G9Z70) Q MSCI World (NDR) GBP Performance shown during this period predates the launch of this unit class and has been simulated using the history of a similar unit class within the fund. Past performance is not a guide to future performance and may not be repeated. The value of investments may go down as well as up and you may not get back the amount you originally invested. The chart shows performance in British pound after the ongoing charges and the portfolio transaction costs have been paid. The fund was launched on 24 May Practical Information Trustee: J. P. Morgan Europe Ltd. Further Information: You can get further information about this fund, including the prospectus, latest annual report, any subsequent half-yearly reports and the latest price of units from and from Schroders, PO Box 1102, Chelmsford, Essex, CM99 2XX, England, telephone They are in English, free of charge. Tax Legislation: The fund is subject to UK tax legislation which may have an impact on your personal tax position. Liability: Schroder Unit Trusts Ltd may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the fund's prospectus. Switches: Subject to conditions, you may apply to switch your investment into another unit class within this fund or in another Schroder fund. Please see the prospectus for more details. Remuneration Policy: A summary of Schroders' remuneration policy and related disclosures is at A paper copy is available free of charge upon request. Glossary: You can find an explanation of some of the terms used in this document at This fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority (FCA). This key investor information is accurate as at 17 February 2017.

39 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Global Smaller Companies Fund, a Sterling denominated sub fund of the Standard Life Investment Company, Platform 1 Accumulation Shares (ISIN:GB00B7KVX245). This fund is managed by Standard Life Investments (Mutual Funds) Limited. Objectives and Investment Policy The fund aims to provide long term growth by investing predominantly in the shares of smaller companies listed on the global stock markets. The fund typically holds a concentrated portfolio of stocks and is actively managed by our investment team, who will select stocks to try to take advantage of opportunities they have identified. Due to the nature of the companies in which the fund invests, investors must be willing to accept a relatively high degree of stock specific risk. Risk and Reward Profile Lower risk Typically lower rewards This indicator reflects the volatility of the fund's share price over the last five years which in turn reflects the volatility of the underlying assets in which the fund invests. Historical data may not be a reliable indication for the future. As the fund does not have a history of five years, a comparable fund or a representative benchmark has been used to show how the fund's share price may have behaved over the period. The current rating is not guaranteed and may change if the volatility of the assets in which the fund invests changes. The lowest rating does not mean risk free. Higher risk Typically higher rewards The fund is rated as {5} because of the extent to which the following risk factors apply: (a) The fund invests in equities and equity related securities. These are sensitive to variations in the stock markets which can be volatile and change substantially in short periods of time. (b) A concentrated portfolio may be more volatile than a more broadly diversified one. (c) The shares of smaller companies may be less liquid and more volatile than those of larger companies. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. Any income, for example dividend income, received by the fund will be reinvested. Investors in the fund may buy and sell shares on any normal business day. Recommendation: the fund may not be appropriate for investors who plan to withdraw their money within five years. Investors should satisfy themselves that their attitude to risk aligns with the risk profile of this fund before investing. (d) Investing in derivatives carries the risk of reduced liquidity, substantial loss and increased volatility in adverse market conditions, such as a failure amongst market participants. The use of derivatives may result in the fund being leveraged (where economic exposure and thus the potential for loss by the fund exceeds the amount it has invested) and in these market conditions the effect of leverage will be to magnify losses. The fund does not make extensive use of derivatives. All investment involves risk. This fund offers no guarantee against loss or that the fund's objective will be attained. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. Inflation reduces the buying power of your investment and income. The value of assets held in the fund may rise and fall as a result of exchange rate fluctuations. The fund could lose money if an entity (counterparty) with which it does business becomes unwilling or unable to honour its obligations to the fund. In extreme market conditions some securities may become hard to value or sell at a desired price. This could affect the fund's ability to meet redemptions in a timely manner. The fund could lose money as the result of a failure or delay in operational processes.

40 Charges The charges you pay are used to pay the costs of running the fund including marketing and distributing it. These charges reduce the potential growth of your investment. One off charges taken before or after you invest Entry charge: 0.00% Exit charge: 0.00% This is the maximum that might be taken out of your money before it is invested/before the proceeds of your investment are paid out. Charges taken from the fund over a year Ongoing charges: 1.06% Charges taken from the fund under certain specific conditions Performance Fees: Past Performance Global Smaller Companies Fund, Platform 1 Accumulation Shares, 31 December 2016 % Returns 45 The entry and exit charges shown are maximum figures. In some cases you might pay less - you can find this out from your financial adviser. The ongoing charges figure reflects the amount based on expenses for the year ending 29/2/2016. This figure may vary from year to year. It excludes: performance fees (where applicable); portfolio transaction costs, except in the case of an entry/exit charge paid by the fund when buying or selling in another collective investment undertaking. A switching charge may be applied in accordance with the Prospectus. For more information about charges please see Prospectus. For more information about charges, please see the Prospectus which is available at Performance has been calculated over the stated period based on the share price of this share class. It does not take into account any entry, exit or switching charges but does take into account the ongoing charge, as shown in the Charges section Past performance is not a guide to future performance The fund was launched in The share class was launched in The performance of the share class is calculated in Sterling Year Source: Standard Life Investments Practical Information Name of Depositary: Citibank Europe plc, UK Branch, Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB. Further information about the Standard Life Investment Company (Prospectus, report & accounts) can be found at where documents may be obtained free of charge. Other practical information (e.g. where to find latest share prices) can be found in documents held at Details of the up to date remuneration policy which includes a description of how remuneration and benefits are calculated, the identities of the persons responsible for awarding remuneration and benefits and the composition of the remuneration committee, are available at and a paper copy will be available free of charge upon request from Standard Life Investments (Mutual Funds) Limited. Prospective investors should consult their own professional advisers on the potential tax consequences of acquiring, holding or selling shares. Standard Life Investments (Mutual Funds) Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the Standard Life Investment Company. Other share classes are available in the fund and further information about these can be found in the Standard Life Investment Company Prospectus. Standard Life Investment Company is an umbrella structure comprising a number of different sub funds, one of which is this fund. This document is specific to the fund and share class stated at the beginning of this document. However, the Prospectus, annual and half-yearly reports are prepared for the entire umbrella. The assets of a sub fund within the umbrella belong exclusively to that sub fund and shall not be used or made available to discharge (directly or indirectly) the liabilities of, or claims against, any other person or body including Standard Life Investment Company and any other sub fund. Any liability incurred on behalf of or attributable to any sub fund shall be discharged solely out of the assets of that sub fund. Investors may switch their shares in the fund for shares in another sub fund within the Standard Life Investment Company. For further information please refer to the prospectus (section on 'Switching') which can be found at The Standard Life Investment Company and Standard Life Investments (Mutual Funds) Limited are authorised in the United Kingdom and regulated by the Financial Conduct Authority. This Key Investor Information is accurate at 16/1/2017 Standard Life Investments Limited is registered in Scotland (SC123321) at 1 George Street Edinburgh EH2 2LL and is authorised and regulated by the Financial Conduct Authority. KIID_ZGSC_32_Acc_N_GBP_GB_EN_

41 Key Investor Information This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest. Vanguard FTSE Developed World ex-u.k. Equity Index Fund (the "Fund") A sub-fund of Vanguard Investments Funds ICVC A GBP Income Shares ISIN: GB00B5B74F71 Authorised Corporate Director: Vanguard Investments UK, Limited ("VIUK") Objectives and investment policy 2 The Fund seeks to track the performance of the FTSE Developed World ex U.K. Index (the Index ). 2 The Index is comprised of large and mid-sized company stocks in developed markets, excluding the UK. 2 The Fund attempts to: 1. Track the performance of the Index by investing in all constituent securities of the Index in the same proportion as the Index. Where not practicable to fully replicate, the Fund will use a sampling process. 2. Remain fully invested and hold small amounts of cash except in extraordinary market, political or similar conditions where the Fund may temporarily depart from this investment policy. 2 The Fund may invest in financial derivative instruments that could increase or reduce exposure to underlying assets and result in greater fluctuations of the Fund's net asset value. Some derivatives give rise to increased potential for loss where the Fund's counterparty defaults in meeting its payment obligations. 2 The currency of the share class is GBP. 2 The Fund invests in securities which are denominated in currencies other than the share class currency. Movements in currency exchange rates can affect the return of investments. Risk and reward profile Lower risk Typically lower rewards Higher risk Typically higher rewards This indicator is based on historical data and may not be a reliable indication of the future risk profile of the Fund. 2 The risk category shown is not guaranteed and may change over time. 2 The lowest category does not mean risk free. 2 The Fund is rated 5 due to the nature of its investments which include the risks listed below. These factors may impact the value of the Fund's investments or expose the Fund to losses. - The value of equities and equity-related securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events. - Movements in currency exchange rates can adversely affect the return of your investment. 2 The Fund may engage in short term secured lending of its investments to certain eligible third parties. This is used as a means of generating additional income and to off-set the costs of the Fund. 2 The Fund may not be appropriate for short-term investment. 2 Income from the Fund will be paid out. 2 Portfolio transaction costs will have an impact on performance. 2 Shares in the Fund can be bought or sold on a daily basis (save on certain bank holidays or public holidays and subject to certain restrictions described in Appendix 1 of the prospectus) by submitting an application in writing or by telephone. A full list of the days on which shares in the Fund cannot be sold is available on For further information about the objectives and investment policy of the Fund, and Vanguard's limited relationship with the Index provider, please see Appendix 1 and the Disclaimers section of the Vanguard Investments Funds ICVC prospectus (the prospectus ) on our website at The risk and reward indicator does not take account of the following risks of investing in the Fund: 2 Counterparty risk. The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Fund to financial loss. 2 Liquidity risk. Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. 2 Index tracking risk. The Fund is not expected to track the performance of the Index at all times with perfect accuracy. The Fund is, however, expected to provide investment results that, before expenses, generally correspond to the price and yield performance of the Index. 2 Index sampling risk. As the Fund uses an index sampling technique whereby a representative sample of securities are selected to represent the Index, there is a risk that the securities selected for the Fund may not, in the aggregate, approximate the full Index. For further information on risks please see the Risk Factors section of the prospectus on our website at