Key Investor Information

Transcription

1 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 European Special Situations Fund I-Class I-Class Accumulation Units, ISIN: GB00B60WTT90, (also representative of I-Class Income Units, ISIN: GB00BQ1KNZ69 at launch date 25/09/2014). 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. The Fund will principally invest in the shares of companies listed on a European stock market. The Fund Manager will only invest in companies that they believe to be available at a lower price than they should be valued at. The Fund Manager is able to make their own investment decisions and is not constrained by any sector limits or guided by any particular benchmark. 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. Page 1 of 2.

2 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 31/01/2016. 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 1.02% 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: 01/03/1999 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.

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. M&G Strategic Corporate Bond Fund Sterling Class I Income shares ISIN no. GB00B6VTPZ79 Sterling Class I Accumulation shares ISIN no. GB00B7J4YT87 Managed by M&G Securities Limited, which is part of the Prudential Group Objective and investment policy The fund aims to provide income and capital growth. Core investment: At least 70% of the fund is invested in investment grade bonds issued by companies from anywhere in the world. Other investments: The fund also invests in bonds issued by governments (usually of developed countries) and high yield bonds. In addition, it may hold cash or assets that can be turned into cash quickly. Use of derivatives: Derivatives may be used to gain exposure to the fund s core and other investments, to reduce risks and costs and to manage the impact of changes in currency exchange rates on the fund s investments. Strategy in brief: The fund manager selects investments based on an assessment of a combination of macroeconomic, asset, sector and stock-level factors. Spreading investments across issuers and industries is an essential element of the fund s strategy and the manager is assisted in the selection of individual bonds by an in-house team of analysts. Glossary terms: Bonds: Loans to governments and companies that pay interest. Derivatives: Financial contracts whose value is derived from other assets. High yield Bonds: Bonds issued by companies considered to be riskier and therefore generally paying a higher level of interest. Investment grade corporate Bonds: Bonds issued by a company with a medium or high credit rating from a recognised credit rating agency. They are considered to be at lower risk from default than those issued by companies with lower credit ratings. Other information The fund manager has the freedom to decide which investments should be held in the fund. You can buy and sell shares in the fund on any business day. Provided we receive your instructions before 12 noon, shares will be bought at that day s price. If you hold Income shares, any income from the fund may be paid out to you quarterly. If you hold Accumulation shares, any income from the fund will be rolled up into the value of your investment. In addition to the charges set out in the charges section, the fund will incur portfolio transaction costs which are paid from the assets of the fund. These can be higher when investing outside Europe. Risk and reward profile Low risk Typically lower rewards High risk Typically higher rewards The above risk number is based on simulated historical data and may not be a reliable indicator of the future risk profile of the Fund. The risk number shown is not guaranteed and may change over time. The lowest risk number does not mean risk free. The main risks that could affect performance are set out below: The value of investments and the income from them will rise and fall. This will cause the fund price, as well as any income paid by the fund, to fall as well as rise. There is no guarantee the fund will achieve its objective, and you may not get back the amount you originally invested. The fund may use derivatives with the aim of profiting from a rise or a fall in the value of an asset (for example, a company s bonds). However, if the asset s value varies in a different manner, the fund may incur a loss. When interest rates rise, the value of the fund is likely to fall. The value of the fund may fall if the issuer of a fixed income security held is unable to pay income payments or repay its debt (known as a default). Where market conditions make it hard to sell the fund s investments at a fair price to meet customers sale requests, we may temporarily suspend dealing in the fund s shares. Some transactions the fund makes, such as placing cash on deposit, require the use of other financial institutions (for example, banks). If one of these institutions defaults on their obligations or becomes insolvent, the fund may incur a loss. A more detailed description of the risk factors that apply to the fund can be found in the fund s Prospectus UK K1 SCOR GBP I EN UK

4 Charges The charges shown in the table 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 1.00% Exit charge 0.00% The entry charge 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 0.66% Charges taken from the fund under certain specific conditions Performance fee The entry and exit charges shown are the maximum figures and, in some cases, you may pay less. You can find out the exact charges which apply to your investment by contacting your financial adviser or distributor or, if you have invested directly with us, you can contact us using the details given in the practical information section. The ongoing charge is based on expenses for the year ending 31 August This figure may change from year to year. It excludes portfolio transaction costs. For Income shares, the ongoing charge is taken from investments held in the fund s portfolio and not from the income these investments produce. The deduction of this charge will reduce the potential growth of your investment. Past performance % Fund Past performance is not a guide to future performance. The past performance calculation excludes UK taxes from 1 December It does not take into account the entry and exit charges but does take into account the ongoing charge, as shown in the charges section. The Fund launched on 20 February The Sterling Class I Accumulation share class and Sterling Class I Income share class launched on 3 August Sterling Class I shares do not have 10 complete years of past performance information available as they launched on 3 August Therefore, past performance information for Sterling Class A shares has been used for the period 1 January August r 1 September The fund changed its objective. The past performance shown before this change was therefore achieved under circumstances that no longer apply. For more information about this change, visit For more information on charges, please see the relevant sections of the Prospectus at UK K1 SCOR GBP I EN UK Practical information The depositary is National Westminster Bank plc. For more information about this fund, please visit where you will find a copy of the Prospectus, Instrument of Incorporation, and the latest annual or interim Investment Report and Financial Statements. These documents are in English and are available free of charge. Our website also provides other information such as share prices. UK tax laws apply to the fund, and this may affect your personal tax position. Please speak to an adviser for more information. M&G Securities 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. Other share classes may exist for the fund as set out in the relevant Prospectus. For up-to-date details of the staff remuneration policy that applies to M&G Securities Limited, including a description of how remuneration and benefits are calculated, the make-up of the remuneration committee, and the identities of persons responsible for awarding the remuneration and benefits, please visit We will provide a paper copy of this information, free of charge, if you require one. This Fund is authorised in the UK and regulated by the Financial Conduct Authority. M&G Securities Limited is authorised in the UK and regulated by the Financial Conduct Authority. This key investor information is accurate as at 28 April 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. Baillie Gifford Cash Fund - Class A Units Income Units - ISIN GB (also representative of Accumulation Units ISIN GB00B17Q7952) Baillie Gifford Cash Fund is a Unit Trust. Baillie Gifford & Co Limited is the Manager of the Fund and is wholly owned by Baillie Gifford & Co. Objectives and investment policy Objective The Fund aims to earn a level of income which is competitive with that offered on the money markets; and keep the capital value of the Fund secure. Policy 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. To invest in deposits mainly with UK clearing banks or other eligible institutions. Typically lower rewards, lower risk Typically higher rewards, higher risk Up to 20% of the Fund s assets may consist of short term deposits. Other Information The Fund operates as a short-term money market fund, as defined in the Regulations. You can sell some or all of your units on any business day in the United Kingdom by contacting our Dealing Department by phone or post. Where properly completed documentation is received by post, units will be sold at the next valuation point following receipt of the instruction. For Income units any income due to you will be paid into your bank or building society account, paid on the dates specified in the Prospectus. For Accumulation units income will be re-invested. No further units will be purchased but the reinvestment will be reflected in the price of your existing accumulation units. You are, however, deemed to have received the income for tax purposes. For further explanation and information see the investment objective and policy section of the Prospectus, which is available by contacting us Please note that even the lowest risk class can lose you money and that extreme adverse market circumstances can mean you suffer severe losses in all cases. The Fund is classified in the category above because it invests mainly in cash deposits. The indicator does not take into account the following relevant material risks: While the Fund is invested purely in deposits with UK banks or other eligible institutions having at least an equivalent credit rating the risk to the capital of the Fund is low. You should, however, be aware that in the event of a default you will make a loss. The income from such investments may fall as well as rise. Custody of assets involves a risk of loss if the custodian and deposit takers become insolvent or breach duties of care. Where possible, charges are taken from the Fund s revenue. When interest rates are low there may be insufficient revenue to cover charges. This may reduce the capital value of the Fund. During periods of zero or negative interest rates there will be insufficient revenue to cover charges. This will reduce the capital value of the Fund. The result of the UK Referendum on membership of the European Union introduces elements of political uncertainty and may have practical consequences for the Fund. Developments will be closely monitored. Page 1 of 2.

6 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. 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 the ongoing charge, the figure is for Income units and is at 31/12/2016. The Fund's annual report for each financial year will include detail on the exact charges made. You can find further details about the charges in the Prospectus. Charges taken from the Fund over a year Ongoing charges 0.12% 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: 10/06/1996. Share/unit class launch date: 10/06/1996. Performance is calculated in GBP. Performance is for Income units Performance figures reflect the annual charge of 0.25%, up to 01/05/2009, and 0.1% thereafter. On occasion, the Manager waived the annual charge during the years to 30/06/2011, 30/06/2012 and 30/06/2013. Performance figures are to 31 December each year Fund Source: FE 2017 Practical information The Fund s Trustee is National Westminster Bank Plc. This document describes only one unit class and other unit classes are available. Further information on the Fund, the Prospectus and the latest annual and interim reports are available from Baillie Gifford or by visiting the website at The remuneration policy, which includes details of (a) how remuneration and benefits are calculated and (b) the committee responsible for approving all remuneration policies within the firm, is also at the website address noted. All such documents are available in English, on paper and are free of charge on request. This Key Investor Information Document describes the Baillie Gifford Cash Fund only. You can also find other information, including the Fund s latest prices, on our website. Tax laws in the United Kingdom may have an impact on your own tax position. Baillie Gifford & Co 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. To contact us please call Client Relations on (fax ) or visit our website at or us at trustenquiries@bailliegifford.com. Your call may be recorded for training or monitoring purposes. This Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. This Key Investor Information is accurate as at 10/03/2017. BG02 Page 2 of 2.

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 risks of this fund. You are advised to read it so you can make an informed decision about whether to invest. Artemis Income Fund (the "fund") Class I distribution units, GBP [ISIN: GB00B2PLJJ36] The fund is managed by Artemis Fund Managers Limited. Objectives and investment policy Objective: The fund aims to increase the value of units and the income paid from them over the long term. Policy: The fund will principally invest (a minimum of 80%) in the shares of companies listed, quoted or traded in the UK. The fund has discretion in its choice of investments and is not restricted by the size of the company, the industry it trades in, or the geographical spread of the portfolio. The fund may invest in fixed interest securities which are investments (which could be issued by a company, a government or another entity) that pay a fixed level of income or interest. The fund may invest in preference shares. These are investments (issued by a company) that pay a fixed level of income. The income is paid as a dividend rather than interest and must be paid before any income from the company s other non-preference shares. The fund may invest in convertible bonds. These are investments (issued by a company) that can be exchanged for ordinary shares of the same company according to the terms specified when the bond was issued. Risk and reward profile Typically lower rewards Lower risk Typically higher rewards Higher risk This indicator is based on historical data and may not be a reliable indication of the future risk profile of the fund. The risk category shown is not guaranteed and may change over time. A risk indicator of 1 does not mean that the investment is risk free. The indicator is not a measure of the possibility of losing your investment. The risk indicator for the fund is as above because: The price of units, and the income from them, can fall and rise because of stockmarket and currency movements. Stockmarket prices, currencies and interest rates can move irrationally and can be affected unpredictably by diverse factors, including political and economic events. A portion of the fund s assets may be invested in a currency other than the fund s accounting currency (sterling). The value of these assets, and the income from them, may decrease if the currency falls in relation Other The information: fund may invest in derivatives (financial instruments Investment whose value in is the linked fund to should the expected be regarded price as movements a medium to of long-term an underlying investment. asset) to protect the value of the fund, reduce costs and/or generate additional income. Class I units are only available to investors at Artemis Fund Managers Limited s discretion. You can buy and sell units Monday to Friday, except on UK public holidays, each week. Transactions are processed at 12 noon UK time and we will include your instruction to buy or sell units if it is received before that point. Any income the fund receives can be paid out to you. For further explanation of some of the terms used above, please visit our website artemisfunds.com/glossary to view a glossary of terms. to sterling, in which the fund is valued and priced. Investments in fixed interest securities are subject to market and credit risk and will be impacted by movements in interest rates. Interest rate movements are determined by a number of economic factors, in particular market expectations of future inflation. The fund can invest in higher-yielding bonds, which may increase the risk to your capital due to a higher likelihood of the company issuing the bonds failing to pay returns on investments. Changes to market conditions and interest rates can have a larger effect on the values of higheryielding bonds than other bonds.

8 Charges for the fund The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. The charges reduce the potential growth of your investment. The entry charge is included in the purchase price of each unit. One-off charges taken before or after you invest Entry charge 1.00% Exit charge This is the maximum that might be taken out of your money before it is invested. Charges taken from the fund over a year Ongoing charge 0.79% Charges taken from the fund under certain specific conditions Performance fee At present, there is no exit charge. The entry and exit charges shown are maximum figures. In some cases (including when switching to other funds run by Artemis Fund Managers Limited) you might pay less you can find out actual entry and exit charges from your financial adviser. The ongoing charges figure is based on the expenses for the year ending December This may vary from year to year. The ongoing charges figure includes any entry/exit charge paid by the fund when buying or selling shares or units in another fund. Some or all of the annual management charge is taken from capital, which will restrict the increase in the value of the units. Other costs There are two prices for this unit class each day a higher price you pay to buy units (the offer price) and a lower price you receive when you sell units (the bid price). The difference between the prices is called the spread. The spread is separate to the entry, exit and ongoing charges shown in the table. The spread reflects the difference between the buying and selling prices of the investments in the fund s underlying portfolio and the costs associated with buying and selling those investments (for example, brokers commission and transaction taxes). For more information about charges and costs, please see section 15 of the fund s prospectus, or visit our website at Past performance 30.0% 25.0% 20.0% 15.0% 10.0% 21.6% 24.6% There is insufficient data to produce a useful indication 14.9% of past 11.9% performance for the unit class 4.3% 5.0% 1.3% 0.0% 5.2% 10.5% Past performance in the chart shown includes all charges except entry charges. How the fund has performed in the past is not a guide to how it will perform in the future. Performance is calculated in sterling. This fund was launched on 6 June This class was launched on 7 March Practical information The Trustee of the fund is National Westminster Bank plc. Further information about the fund can be obtained from the fund s prospectus and the latest annual and halfyearly reports. The documents are in English and available free of charge. These can be found, along with other information such as the price of the fund s units, at artemisfunds.com or by phoning (from UK) or Information about Artemis remuneration policy is available at artemisfunds.com; a paper copy is available free of charge on request. UK tax legislation that applies to the fund may have an impact on your personal tax position. Artemis 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 for the fund. You can switch your investments between funds or types of shares or units in the Artemis range. For further information, please refer to the prospectus, artemisfunds.com or phone (from UK) or The fund is authorised in the UK and regulated by the Financial Conduct Authority. Artemis Fund Managers Limited is authorised in the UK and regulated by the Financial Conduct Authority. This key investor information is accurate as at 8 August 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. JPM US Equity Income Fund C - Net Accumulation a Share Class of JPM US Equity Income Fund a Fund of JPMorgan Fund ICVC ISIN GB00B3FJQ482 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 US Equities in any economic sector whilst participating in long term capital growth. Investment Policy: US Equities are securities issued by companies that are incorporated under the laws of, and have their registered office in, the US, or that derive the predominant part of their economic activity from the US, even if listed elsewhere. Financial Derivative Instruments (derivatives) 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 will invest predominantly in assets denominated in US Dollar. However, assets may be denominated in other currencies 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 S&P 500 Index (Net of 15% withholding tax). 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 reinvest income. For an explanation of some of the terms used in this document, please visit the glossary on our website at Ć kiid-glossary. 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 Net Asset Value of the Share Class over the last five years and may not be a reliable indication of the future risk profile of the 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 riskfree investment. Why is this Share Class in this category? This Share Class is classified in category 5 because its Net Asset Value has shown medium to 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. 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 The single market in which the Fund primarily invests, in this case the US, may be subject to particular political and economic risks and, as a result, the Fund may be more volatile than more broadly diversified funds. D For investors in Share Classes which are not hedged to Sterling, 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 Further information about risks can be found in "Part 11: Risk Warnings" of the Prospectus.

10 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 US Equity Income Fund C - Net Accumulation (GB00B3FJQ482) 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 Ć investor 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 gim/awm/legal/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 semiannual 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 01/01/2017.

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. American Index Fund Accumulation C GB00B80QG615 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 S&P 500 Index. To invest in companies that make up the S&P 500 Index. The Index is made up of the 500 largest stock market listed companies in the United States of America, as defined by the index provider. The Fund will use a full replication strategy. This means that the Fund will normally invest in, or gain exposure to, all 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 rolled up into the value of your investment. 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. Accumulation C GB00B80QG615 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% 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 31/10/1988. The investment benchmark for the fund is the S&P 500 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 Accumulation C GB00B80QG615 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. Fidelity Asia Fund a sub-fund of Fidelity Investment Funds W Accumulation Shares (ISIN: GB00B6Y7NF43) This fund is managed by FIL Investment Services (UK) Limited Objectives and Investment Policy Aims to provide long-term capital growth. Invests in shares of companies throughout the Pacific Basin, but excluding Japan. The portfolio is likely to have a bias towards larger companies. 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.

14 Key Investor Information Fidelity Asia Fund Charges for this fund (ISIN: GB00B6Y7NF43) 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 0.97% 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 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 13/10/1984. This class was launched on 15/10/2012. 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 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.

15 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 Emerging Markets Equity Fund A sub-fund of Investec Funds Series iv Managed by Investec Fund Managers Limited Objectives and investment policy The Fund aims to grow the value of your investment over the long term. The Fund invests primarily in the shares of companies either in emerging markets (countries that are in economic terms less developed than the major Western countries) or with material links to these markets. The Fund can also invest in other assets including cash and derivatives (financial contracts whose value is linked to the price of an underlying asset). Derivatives may be used in order to achieve the Fund s investment objectives or for efficient portfolio management purposes e.g. with the aim of either managing the Fund risks or reducing the costs of managing the Fund. The Investment Manager is free to choose how the Fund is invested. However, the MSCI Emerging Markets Net Total Return Index is currently taken into account when the Fund s investments are selected. 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: GB00B8HWDL62 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 higher end 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: Currency exchange: Changes in the relative values of different currencies may adversely affect the value of the Fund s investments and any related income. 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. Developing market: Some of the countries in which the Fund invests may have less developed legal, political, economic and/or other systems. These markets carry a higher risk of financial loss than those in countries generally regarded as being more developed. 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. Investing in China: Investment in mainland China may involve a higher risk of financial loss when compared with countries generally regarded as being more developed. 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.

16 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 31 May 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 1.14% 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 1 October % Fund - GB00B8HWDL62 MSCI EM (Emerging Markets) NR Fund Index 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 iv. 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 iv 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 20 February GB00B8HWDL62/EN.

17 Key Investor Information Document : 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 this fund. You are advised to read it so you can make an informed decision about whether to invest. River and Mercantile UK Equity Unconstrained Fund B Acc River and Mercantile UK Equity Unconstrained Fund B Acc a sub fund of River and Mercantile Funds ICVC Objective & Investment Policy The investment objective of the Fund is to achieve capital growth by investing at least 80% of the fund in a concentrated portfolio of shares of UK companies. The fund will not be restricted by reference to a benchmark, sector constraints or company size. For these purposes UK companies include, but is not limited to, companies listed in the UK, companies domiciled in the UK and companies which have substantial operating activities in the UK. In addition to shares of UK companies, the Fund may also invest other transferable securities such as bonds, convertible bonds, preference shares, warrants, units in collective investment schemes, money market instruments, cash and deposits to the extent permitted by UCITS schemes regulations. Please refer to the Principal Prospectus, Appendix 1 for full details of the Fund's investment powers. Risks and Rewards ISIN GB00B7H1R583 River and Mercantile Asset Management LLP The Fund may invest in derivatives, such as futures, options and swaps, which are linked to the rise and fall of other assets or investment indices. The price movements in these underlying assets and indices can result in larger movements in the price of the respective derivatives. Derivatives may only be used in the Fund for hedging purposes. This Fund is managed strictly in accordance with River and Mercantile s Corporate Governance, Voting and Engagement Policy which expects company s senior management to adopt respectable and ethical business practices in the context of environment, social and governance matters. Full details of River and Mercantile s policy are available on our website. Lower Risk Higher Risk Typically Lower Rewards Typically Higher Rewards The Risk and Reward Indicator is based on how much the returns of the shares have varied over the last five years, or since launch (whichever is the shorter period). The higher the rank the greater the potential reward but also the greater the risk of losing money. The shaded area in the Indicator shows the Fund s ranking on the Risk Reward Indicator. The Indicator uses a standard calculation method that is used by all EU companies who offer such funds to allow you to compare funds. Historical data is used to calculate the ranking and this may not be a reliable indication for the future ranking and might change. The Fund may not achieve its investment objective and/or you could lose money on your investment in the Fund. The following risks are materially relevant to the fund but may not be adequately captured by the Risk and Reward Indicator, and may cause additional loss: Liquidity risk: securities in the fund may be sold below their valuation due to insufficient liquidity in the market. Concentration risk: the fund invests in a limited number of securities and hence experience higher levels of volatility than more diverse funds. The Fund is authorised in the U.K. and regulated by the Financial Conduct Authority, Operator reference This key investor information is accurate as at 16-Nov Page 1/2

18 River and Mercantile UK Equity Unconstrained Fund B Acc River and Mercantile UK Equity Unconstrained Fund B Acc a sub fund of River and Mercantile Funds ICVC Charges The charges levied by the Fund are used to pay the costs of managing and running the Fund. These charges reduce the income generated by the Fund and reduce the overall return of your investment. One-off charges taken before or after you invest. Entry charge 5.25% Exit charge 0.00% Charges taken from the fund over a year On-going Charges Figure 1.20% Performance fee 0.00% Performance The entry charges shown are maximum figures. This is the maximum that might be taken out of your money before it is invested. In some cases you might pay less you can find this out from your financial adviser or intermediary. The on-going charges figure is based on the expenses of the Fund for the 12 month period to 30th September This figure may vary year on year. It excludes transaction costs charged to the fund such as broker s commission and local taxes of buying and selling securities in the underlying Fund. For more information about charges please see pages 24 to 29 of the Fund s Principal Prospectus. The graph shows full calendar year performance in GBP for the Fund following a launch date: 21/11/2012 Performance shown takes into account ongoing charges, but not entry fees, and is calculated in pounds sterling on a Net Asset Value basis with net dividends reinvested Past performance is not a guide to future performance. Please remember that prices may fluctuate and you may not get back your original investment. Source: Morningstar Practical Information Depositary: BNY Mellon Trust and Depositary (UK) Ltd is the depositary for this Fund. Further Information: Detailed information on this Fund, including how to buy, sell and switch shares and other share classes available can be found within the Principal Prospectus and the annual and semi-annual reports which are available free of charge. These documents are only available in English and can be downloaded from our website ( or you can call us on +44 (0) Daily prices are also available from our website. Practical Information: This document contains information on the B class Accumulation shares only. The Fund is a sub-fund of the River and Mercantile Funds ICVC and regulated and authorised by the Financial Conduct Authority in the UK. The assets of the River and Mercantile UK Equity Unconstrained Fund belong exclusively to it and are not available to meet the liabilities of any other sub-group of River and Mercantile Funds ICVC. Tax Legislation: The tax laws of the UK, in addition to the tax laws of your country of residence, may impact how your investment in the Fund is taxed. You are advised to seek professional tax advice. Liability Statement: River and Mercantile Asset Management LLP 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. Fund information: Investors may redeem their shares in the Fund on a daily basis, provided it is a business day (ie excludes weekends and UK bank holidays). This Fund may not be appropriate for investors who plan to withdraw their money within five years. The Fund is authorised in the U.K. and regulated by the Financial Conduct Authority, Operator reference This key investor information is accurate as at 16-Nov Page 2/2

19 Non-UCITS retail scheme 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. M&G Feeder of Property Portfolio Sterling Class I Income shares ISIN no. GB00B842HT59 Sterling Class I Accumulation shares ISIN no. GB00B7SX7S61 Managed by M&G Securities Limited, which is part of the Prudential Group Objective and investment policy The trust aims to provide income and grow capital over five years or more solely through investment in the M&G Property Portfolio. Core investment: The trust is close to 100% invested in the M&G Property Portfolio, a Property Authorised Investment fund. The objective of the M&G Property Portfolio is to provide income and grow capital over five years or more by investing mainly in UK commercial property. Strategy in brief: The manager of the M&G Property Portfolio selects attractively priced properties from across a range of sectors and regions. The focus is on adding value by managing and improving properties to enhance their capital value and rental income. Other information The investment returns of the fund and the M&G Property Portfolio may differ because the fund may hold cash for operational reasons. The fund manager has the freedom to decide which investments should be held in the fund. You can buy and sell shares in the fund on any business day. Provided we receive your instructions before 12 noon, shares will be bought at that day s price. If you hold Income shares, any income from the fund may be paid out to you quarterly. If you hold Accumulation shares, any income from the fund will be rolled up into the value of your investment. In addition to the charges set out in the charges section, the fund will incur portfolio transaction costs which are paid from the assets of the fund. Risk and reward profile The value of investments and the income from them will rise and fall. This will cause the fund price, as well as any income paid by the fund, to fall as well as rise. There is no guarantee the fund will achieve its objective, and you may not get back the amount you originally invested. As mentioned below in the risks of the M&G Property Portfolio, the price of shares in M&G Property Portfolio may be subject to significant swings in value. As the price of units in the M&G Feeder of Property Portfolio is largely based on the price of shares in M&G Property Portfolio, a swing in the price of shares in M&G Property Portfolio will therefore result in a similar swing in the price of units of M&G Feeder of Property Portfolio. For large deals, the dealing price investors receive may be different from the published price. If investors are buying units, they may receive a price that is higher than the quoted offer price. If investors are selling units, they may receive a price that is lower than the quoted bid price. The following are extra risks that apply to the M&G Property Portfolio: The fund invests mainly in one type of asset. It is therefore more vulnerable to market changes for that specific type of asset. This type of fund can carry a higher risk and can experience bigger price gains and falls when compared to a fund which invests in more types of assets. The fund is valued daily on both an offer basis (how much its assets would cost to buy) and a bid basis (how much the fund would receive if assets were sold). The difference between the two is known as the spread, which is currently around 6.25%. If significant numbers of investors withdraw their investments from the fund at the same time, the manager may be forced to dispose of property investments. This may result in less than favourable prices being obtained in the market for those investments. Property valuations are provided by an independent valuer and are subject to the judgement of the valuer. Where market conditions make it hard to sell the fund s investments at a fair price to meet customers sale requests, we may temporarily suspend dealing in the fund s shares. The fund manager will place transactions, hold investments and place cash on deposit with a range of counterparties (opposite parties). There is a risk that counterparties or tenants of properties may default (fail to pay) on their obligations or become insolvent. All of the above risks could have an adverse effect on the value of your investment. A more detailed description of the risk factors that apply to the fund can be found in the fund s Prospectus UK K1 FOPP GBP I EN UK

20 Charges The charges shown in the table 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 2.00% Exit charge 0.00% The entry charge 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 1.34% Charges taken from the fund under certain specific conditions Performance fee The entry and exit charges shown are the maximum figures and, in some cases, you may pay less. You can find out the exact charges which apply to your investment by contacting your financial adviser or distributor or, if you have invested directly with us, you can contact us using the details given in the practical information section. The ongoing charge is based on expenses for the year ending 30 September This figure may change from year to year. It excludes portfolio transaction costs. Past performance % (5.0) (10.0) (15.0) (12.9) (20.0) (25.0) 2007 Fund (20.2) Past performance is not a guide to future performance. The past performance calculation includes UK taxes. It does not take into account the entry and exit charges, but does take into account the ongoing charge, as shown in the charges section. The Fund launched on 18 January The Sterling Class I Accumulation share class and Sterling Class I Income share class launched on 18 January M&G Feeder of Property Portfolio Sterling Class I shares do not have 10 complete years of past performance information available as they launched on 18 January Therefore, past performance information for M&G Property Portfolio Sterling Class S units (a unit trust which commenced termination on 18 January 2013) has been used for the period shown prior to this date (7.1) For more information on charges, please see the relevant sections of the Prospectus at Practical information The trustee is National Westminster Bank plc. For more information about this fund, please visit where you will find a copy of the Prospectus, and latest annual or interim Investment Report and Financial Statements. These documents are in English and are available free of charge. Our website also provides other information such as share prices. UK tax laws apply to the fund, and this may affect your personal tax position. Please speak to an adviser for more information. Other share classes may exist for the fund as set out in the relevant Prospectus. For up-to-date details of the staff remuneration policy that applies to M&G Securities Limited, including a description of how remuneration and benefits are calculated, the make-up of the remuneration committee, and the identities of persons responsible for awarding the remuneration and benefits, please visit We will provide a paper copy of this information, free of charge, if you require one UK K1 FOPP GBP I EN UK This Fund is authorised in the UK and regulated by the Financial Conduct Authority. M&G Securities Limited is authorised in the UK and regulated by the Financial Conduct Authority. This key investor information is accurate as at 11 August 2017.

21 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. Old Mutual UK Alpha Fund U1 (GBP) Accumulation Units (GB00B946BX62) Objective: capital growth by predominantly investing in UK shares (i.e. equities) and similar investments of companies. Policy: the Fund will invest predominantly in UK company shares and similar investments. Companies may be of all sizes and in any industry (e.g. pharmaceuticals, finance, etc). The Fund will typically invest in the shares of fewer than 50 companies, and has no bias to any particular industry or country. The Fund may invest in derivatives (i.e. financial contracts whose value is linked to the expected price movements of an underlying investment) with the aim of reducing the overall costs and/or risks of the Fund. The investment adviser has discretion to select the Fund's investments but in doing so may take into consideration the FTSE All-Share Index. Recommendation: the Fund may not be appropriate for investors who plan to withdraw their money within 5 years. Treatment of income: As units in this class are accumulation units, income from investments will be reinvested into the Fund and reflected in the value of the units. Dealing: you can buy and sell units on any working day in London The calculated risk and reward category, as shown above, uses a method of calculation derived from EU rules. It is based on the rate at which the returns of the Fund have moved up and down in the past (i.e. volatility) and is not a guide to the future risk and reward category of the Fund. The category shown is not a target or guarantee and may shift over time. Even the lowest category 1 does not mean a risk-free investment. The seven-category scale is nonlinear, for example, 2 is not twice as risky as 1. Funds in category 5 have in the past shown moderately high volatility. With a fund of category 5, you have a moderately high risk of losing money but your chance for gains is also moderately high. Investment risk - there is no guarantee that the Fund will achieve its objective. A capital loss of some or all of the amount invested may occur. Geographic concentration risk - a fall in the UK market may have a significant impact on the value of the Fund because it primarily invests in this market. Concentration risk (number of investments) - the Fund may at times hold a smaller number of investments, and therefore a fall in the value of a single investment may have a greater impact on the Fund s value than if it held a larger number of investments. Currency risk - the Fund is denominated in British Pounds but may hold assets denominated in, or with exposure to, other currencies. The value of your units may rise and fall as a result of exchange rate movements between these currencies. Derivative risk - the Fund may use derivatives to reduce costs and/or the overall risk of the Fund (i.e. Efficient Portfolio Management (EPM)). Derivatives involve a level of risk, however, for EPM they should not increase the overall riskiness of the Fund. Derivatives also involve counterparty risk where the institutions acting as counterparty to derivatives may not meet their contractual obligations. Capital erosion risk - the Fund takes its charges from the capital of the Fund. Investors should be aware that there is potential for capital erosion if insufficient capital growth is achieved by the Fund to cover the charges. Capital erosion may have the effect of reducing the level of income generated. For a more detailed explanation of risks, please refer to the "Risks" section of the prospectus. DocID: KIID_GB00B946BX62_en_170217_U1 (GBP) Accumulation Units

22 These charges are used to pay the costs of running the Fund, including the costs of marketing and distribution. Overall, they reduce the growth of your investment. One-off charges taken before or after you invest Entry charge Up to 5.00% Exit charge This is the maximum that might be taken out of your money before it is invested and before the proceeds of your investment are paid out. Charges taken from the Fund over a year Ongoing charge 0.78% Charges taken from the fund under specific conditions Performance fee The charges shown are the maximum figures. In some cases you might pay less. You can find out your actual charges from your financial adviser. The ongoing charges figure is based on the annual management charge and the flat expense rate. It excludes 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 and may vary from year to year. You can find out more details about the charges by looking at Appendix A of the prospectus. U1 (GBP) Accumulation Units FTSE All Shares Index Gross (GBP) Past performance is not a guide to future performance. The value of the class is calculated in British Pounds. The past performance shown does not take into account any entry or exit charges but does take into account the ongoing charge, as shown in the Charges section. The Fund launched on 31 January This class started to issue units on 09 May The Trustee is Citibank Europe plc, UK branch. Old Mutual UK Alpha Fund is a sub-fund of Old Mutual MultiManager Trust (the "Trust"). The assets and liabilities of each sub-fund are segregated from other sub-funds although it is not yet known whether a foreign court would give effect to segregated liability under a foreign law contract and so this is not certain in every circumstance. Further information about the Trust, copies of its prospectus, annual and half-yearly reports may be obtained, for the entire Trust, free of charge in English from the registrar, IFDS, P.O. Box Chelmsford, CM99 2AR or visit Details of Old Mutual Investment Management Limited s 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 details of the remuneration committee, are available at A paper copy will be made available free of charge upon request to Old Mutual Investment Management Limited. The latest units prices are available from the registrar during normal business hours and will be published daily at You may switch your units to the units of another sub-fund of the Trust free of charge. For further details see the "Switching" section of the prospectus. This Fund is subject to tax laws and regulations of the United Kingdom. Depending on your home country of residence, this might have an impact on your personal tax position. For further details, please speak to your financial adviser. Old Mutual Investment Management 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 Trust. This Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. Old Mutual Investment Management Limited is authorised in the United Kingdom and regulated by the Financial Conduct Authority. This key investor information is accurate as at 17 February 2017.

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. Legal & General Global Inflation Linked Bond Index Fund I Class Accumulation ISIN: GB00BBHXNN27 This fund is managed by Legal & General (Unit Trust Managers) Limited. OBJECTIVE AND INVESTMENT POLICY Objective The objective of this fund is to provide a mixture of income and growth (if the income is reinvested) by tracking the performance of the Bloomberg Barclays World Government Ex UK Inflation Linked Bonds TR Hedged GBP Index. Investment policy: The fund will invest between 80% and 100% in bonds (a type of loan which pays interest) included in the Index. These bonds will have a pre-set rate of income (either set at a fixed level or varying in a predetermined way). The fund s investments will closely match those that make up the Index and this will be achieved through investing in a sample selection of the bonds in the Index. The bonds are issued in the relevant national currency by governments around the world (excluding the UK). The interest and capital returns on these bonds will be linked to local inflation rates. The bonds that the fund invests in will be a mixture of investment grade bonds (rated as lower risk) and sub-investment grade bonds (rated as higher risk). The mix will closely match that of the Index. Investment and sub-investment grade bonds are bonds that have been given a credit rating by a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time. 35% or more of the fund can be invested in United States government or public bonds. 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 and the index it is tracking have moved up and down in the past. This fund is in category 3 because it invests in bonds issued by governments. These generally provide higher rewards and higher risks than investments in cash and lower rewards and lower risks than investments in company shares. 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. The risk and reward indicator may not take account of the following risks of investing in the fund: This fund holds bonds that, rather than being traded on an exchange, are traded through agents, brokers or investment banks matching buyers and sellers. This makes the bonds less easy to buy and sell than investments that are traded on an exchange and on any particular day there may not be a buyer or a seller for the bonds. In times of market uncertainty or if an exceptional amount of withdrawals are requested it may become less easy for your fund to sell investments. If this happens, the value of your fund may fall and in extreme circumstances this may also force a delay in buying and selling your investment in the fund, which may mean you have to wait for your money to be invested or returned. The fund can only delay paying out if it is in the interests of all investors and with the permission of the fund trustee or depositary. 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. It will also use currency derivatives for investment purposes to manage the effect of fluctuations in exchange rates with Sterling, in order to maintain accurate tracking. The fund may also invest in other bonds, deposits, money market instruments and cash. Money market instruments are a type of security where cash can be deposited for short periods of time. Other information: If you hold accumulation units, income from investments held by the fund (interest) 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 seeking income from 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. Investment returns on bonds are particularly sensitive to trends in interest rate movements. Their values are likely to fall when interest rates rise. Such falls may be more pronounced in a low interest rate environment. Bonds with a longer time to go before their maturity date will fall by more than bonds with a short time to their maturity date. This fund invests in inflation-linked bonds, which are particularly sensitive to changes in inflation rates. Their values are likely to fall when inflation rates fall. Credit ratings assigned to the individual assets in the fund can weaken and cause the value of those assets to fall. The fund invests in bonds which are issued by governments. If these governments experience financial difficulty, they may be unable to pay back some or all of the interest, original investment or other payments that they owe. If this happens, the value of your fund may fall. 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 impact to the fund can be greater where derivatives are used in an extensive or complex way. There may be differences in performance between the fund s assets and the derivatives used to manage the fluctuation of exchange rates with Sterling. This could result at times in the fund being over protected or under protected against these fluctuations. 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.

24 (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 0.27% 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 0.17% 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 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 26 July 2017.

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. Schroder Tokyo Fund an Authorised Unit Trust of Schroder Unit Trusts Limited Class L Accumulation GBP (GB00BDD2J739) 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. Investment Policy At least 80% of the fund will be invested in shares of Japanese companies. The fund has no bias to any particular industry or size of company. Investment is based on Japan's economic strengths, such as its manufacturing industry (in particular those parts that are demonstrating an ability to exploit newly emerging technology) and on sectors benefiting from structural change in the economy. The fund uses Tokyo-based in-house research to identify and invest in attractively valued companies - those whose share prices appear low relative to long-term profit potential. These opportunities are likely to be found across a broad range of industries and are identified by an intensive programme of inhouse company contact and analysis. 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. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively. Benchmark This unit class is managed with reference to the Tokyo Stock Exchange 1st Section Index (TOPIX) (TR) 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 accumulates income received from the fund's investments, meaning it is kept in the fund and its value is reflected in the price of the unit class. Risk factors The following risks may affect fund performance. Currency risk: The fund can be exposed to different currencies. Changes in foreign exchange rates could create losses. 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.

26 Schroder Unit Trusts Limited Schroder Tokyo 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 0.84% 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 August 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 % Q L Accumulation GBP (GB00BDD2J739) Q Tokyo Stock Exchange 1st Section Index (TOPIX) (TR) 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 1 March 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.

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. Fidelity Strategic Bond Fund a sub-fund of Fidelity Investment Funds Y Accumulation Shares (ISIN: GB00BCRWZS59) This fund is managed by FIL Investment Services (UK) Limited Objectives and Investment Policy Aims to provide relatively high income with the possibility of capital growth. Obtains exposure primarily to sterling denominated (or hedged back to sterling) bonds. Can invest in relation to bonds issued by governments, companies and other bodies. The fund may make use of derivatives which are consistent with achieving the fund s objective. This may result in leverage by which we mean a level of exposure which could expose the fund to the potential of greater gains or losses than would otherwise be the case. 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. There is a risk that the issuers of bonds may not be able to repay the money they have borrowed or make interest payments. While we seek to mitigate this, the fund may be exposed to the risk of financial loss if it invests into an instrument issued by an entity that subsequently defaults on its borrowings. Losses may also be realised if an entity that the fund is exposed to ceases to make interest payments over a period of time or indefinitely. Bond prices have an inverse relationship with interest rates such that when interest rates rise, bonds may fall in value. Rising interest rates may cause the value of your investment to fall. The fund may be exposed to the risk of financial loss if a counterparty used for derivative instruments subsequently defaults.

28 Key Investor Information Fidelity Strategic Bond Fund Charges for this fund (ISIN: GB00BCRWZS59) 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 0.66% 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 10% 8% 6% 4% 2% 0% -2% 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 18/04/2005. This class was launched on 19/09/2013. 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 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.

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. Invesco Perpetual Corporate Bond Fund (the Fund ) A sub-fund of Invesco Perpetual Fixed Interest Investment Series ICVC (the Company ) Y Accumulation share class (ISIN: GB00BJ04F760) (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 a combination of income and capital growth over the medium to long term. - The Fund invests primarily in corporate fixed interest and other debt securities. - The Fund may use derivatives (complex instruments) and other financially linked instruments in order to meet the Fund s investment objective and to reduce risk, minimise costs and/or generate additional capital or income. - The Fund is actively managed within its objectives and is not constrained by a benchmark. - 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 3 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 The securities that the Fund invests in may not always make interest and other payments nor is the solvency of the issuers guaranteed. Market conditions, such as a decrease in market liquidity for the securities in which the Fund invests, may mean that the Fund may not be able to sell those securities at their true value. These risks increase where the Fund invests in high yield or lower credit quality bonds and where we use derivatives. n The Fund has the ability to make use of financial derivatives (complex instruments) which may result in the Fund being leveraged and can result in large fluctuations in the value of the Fund. Leverage on certain types of transactions including derivatives may impair the Fund s liquidity, cause it to liquidate positions at unfavourable times or otherwise cause the Fund not to achieve its intended objective. Leverage occurs when the economic exposure created by the use of derivatives is greater than the amount invested resulting in the Fund being exposed to a greater loss than the initial investment. n The Fund may be exposed to counterparty risk should an entity with which the Fund does business become insolvent resulting in financial loss. n The Fund s performance may be adversely affected by variations in interest rates and 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.

30 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 0.61% 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: 24 July Share Class launch date: 01 April 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. - Past performance is not a guide to future returns Share Class 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 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 _13/PDF/150217

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. M&G Global Floating Rate High Yield Fund a sub-fund of M&G Investment Funds (7) Sterling Class I-H Income shares ISIN no. GB00BMP3SD68 Sterling Class I-H Accumulation shares ISIN no. GB00BMP3SC51 Managed by M&G Securities Limited, which is part of the Prudential Group Objective and investment policy The fund aims to grow capital and provide income. Core investment: Typically, around 70% of the fund is invested in high yield floating rate notes (FRNs) issued by companies from anywhere in the world. The FRNs are held directly and indirectly through derivatives combined with government bonds. The fund invests in asset-backed securities as well. Other investments: The fund also holds other assets, including bonds issued by governments and cash. Use of derivatives: Derivatives may be used to gain exposure to core and other investments, to reduce risks and costs and to manage the impact of changes in currency exchange rates on the fund s investments. Strategy in brief: The fund is designed to provide income while minimising the negative impact of rising interest rates by investing mainly in FRNs. The fund focuses on FRNs issued by companies with a low credit rating, which typically pay higher levels of interest to compensate investors for the greater risk of default. Part of the fund may be invested in other fixed income assets, such as government bonds. Spreading investments across issuers, industries and countries is an essential element of the fund s strategy and the manager is assisted in his selection of individual bonds by an in-house team of credit analysts. Glossary terms Asset-backed securities: Bonds backed by assets that produce cashflows, such as mortgage loans, credit card receivables and auto loans. Bonds: Loans to governments and companies that pay interest. Derivatives: Financial contracts whose value is derived from other assets. Floating rate notes (FRNs): Bonds whose interest payments, or coupons, are adjusted in line with movements in interest rates. High yield Bonds: Bonds issued by companies considered to be riskier and therefore generally paying a higher level of interest. Other information The fund may invest more than 35% in securities issued or guaranteed by a member state of the European Economic Area or other countries listed in the fund s Prospectus. This investment may be combined with the use of derivatives in pursuit of the fund s investment objective. The fund manager has the freedom to decide which investments should be held in the fund. You can buy and sell shares in the fund on any business day. Provided we receive your instructions before 12 noon, shares will be bought at that day s price. If you hold Income shares, any income from the fund may be paid out to you quarterly. If you hold Accumulation shares, any income from the fund will be rolled up into the value of your investment. In addition to the charges set out in the charges section, the fund will incur portfolio transaction costs which are paid from the assets of the fund. These can be higher when investing outside Europe. Risk and reward profile Low risk Typically lower rewards High risk Typically higher rewards The above risk number is based on simulated historical data and may not be a reliable indicator of the future risk profile of the Fund. The risk number shown is not guaranteed and may change over time. The lowest risk number does not mean risk free. The main risks that could affect performance are set out below: The value of investments and the income from them will rise and fall. This will cause the fund price, as well as any income paid by the fund, to fall as well as rise. There is no guarantee the fund will achieve its objective, and you may not get back the amount you originally invested. The value of the fund may fall if the issuer of a fixed income security held is unable to pay income payments or repay its debt (known as a default). The fund may use derivatives with the aim of profiting from a rise or a fall in the value of an asset (for example, a company s bonds). However, if the asset s value varies in a different manner, the fund may incur a loss. The fund invests mainly in one type of asset. This type of fund can experience largerthan-average price changes when compared to a fund which invests in a broader range of assets. Changes in currency exchange rates will affect the value of your investment. Hedged share classes aim to mirror the performance of another share class. We cannot guarantee that the hedging objective will be achieved. The hedging strategy will limit holders of the hedged share class from benefiting if the hedged share class currency falls against the US dollar. The fund will invest in emerging markets which are generally smaller, more sensitive to economic and political factors, and where investments are less easily bought and sold. In exceptional circumstances, the fund may encounter difficulties when selling or collecting income from these investments, which could cause the fund to incur a loss. In extreme circumstances, it could lead to the temporary suspension of dealing in shares in the fund. When interest rates rise, the value of the fund is likely to fall. Where market conditions make it hard to sell the fund s investments at a fair price to meet customers sale requests, we may temporarily suspend dealing in the fund s shares. Some transactions the fund makes, such as placing cash on deposit, require the use of other financial institutions (for example, banks). If one of these institutions defaults on their obligations or becomes insolvent, the fund may incur a loss. A more detailed description of the risk factors that apply to the fund can be found in the fund s Prospectus UK K1 GFLO GBP IH EN UK

32 Charges The charges shown in the table 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% The entry charge 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 0.83% Charges taken from the fund under certain specific conditions Performance fee The entry and exit charges shown are the maximum figures and, in some cases, you may pay less. You can find out the exact charges which apply to your investment by contacting your financial adviser or distributor or, if you have invested directly with us, you can contact us using the details given in the practical information section. The ongoing charge is based on expenses for the year ending 31 July This figure may change from year to year. It excludes portfolio transaction costs. For Income shares, the ongoing charge is taken from investments held in the fund s portfolio and not from the income these investments produce. The deduction of this charge will reduce the potential growth of your investment. Past performance % Fund Past performance is not a guide to future performance. The past performance calculation excludes UK taxes from 1 February It does not take into account the entry and exit charges but does take into account the ongoing charge, as shown in the charges section. The Fund launched on 11 September The Sterling Class I-H Accumulation share class and Sterling Class I-H Income share class launched on 11 September Past performance is calculated using Sterling Class I-H Income shares For more information on charges, please see the relevant sections of the Prospectus at UK K1 GFLO GBP IH EN UK Practical information The depositary is National Westminster Bank plc. For more information about this fund, please visit where you will find a copy of the Prospectus, Instrument of Incorporation, and the latest annual or interim Investment Report and Financial Statements. These documents are in English and are available free of charge. Our website also provides other information such as share prices. UK tax laws apply to the fund, and this may affect your personal tax position. Please speak to an adviser for more information. M&G Securities 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 is a sub-fund of M&G Investment Funds (7), an umbrella Open Ended Investment Company (OEIC). The Prospectus, and annual or interim Investment Report and Financial Statements contain information about all of the sub-funds in M&G Investment Funds (7). The assets of each sub-fund within the umbrella OEIC are segregated by law. This means that the assets belong exclusively to that sub-fund and shall not be used or made available to pay the debts of any other sub-fund or the umbrella OEIC. You may switch between other sub-funds of M&G Investment Funds (7). An entry charge may apply. Details on switching are provided in the Important Information for Investors document and the fund s Prospectus, or by calling M&G Customer Relations on Other share classes may exist for the fund as set out in the relevant Prospectus. For up-to-date details of the staff remuneration policy that applies to M&G Securities Limited, including a description of how remuneration and benefits are calculated, the make-up of the remuneration committee, and the identities of persons responsible for awarding the remuneration and benefits, please visit We will provide a paper copy of this information, free of charge, if you require one. This Fund is authorised in the UK and regulated by the Financial Conduct Authority. M&G Securities Limited is authorised in the UK and regulated by the Financial Conduct Authority. This key investor information is accurate as at 7 July 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 risks of this fund. You are advised to read it so you can make an informed decision about whether to invest. Artemis US Select Fund (the "fund") Class I accumulation shares, GBP [ISIN: GB00BMMV5105] A sub-fund of Artemis Investment Funds ICVC. The fund is managed by Artemis Fund Managers Limited. Objectives and investment policy Objective: The fund aims to achieve long-term capital growth. Policy: The fund will principally invest in the shares of companies listed, quoted or traded in the United States of America. The fund can also invest in the shares of companies which have headquarters in the USA or carry out a significant part of their activities in the USA and are quoted on a regulated market outside the USA. The fund has discretion in its choice of investments, and is not restricted by the size of the company or the industry it trades in. The fund may invest in smaller companies and companies in special situations. At times, the fund may have a relatively concentrated portfolio. The fund may invest in derivatives (financial instruments whose value is linked to the expected price movements of an underlying asset) to meet its investment objective, to protect the value of the fund, reduce costs and/or generate additional income. The fund may invest in fixed interest securities which are investments (which could be issued by a company, a government or another entity) that pay a fixed level of income or interest. Transactions are processed at 12 noon UK time and we will include your instruction to buy or sell shares if it is received before that point. Any income this fund receives is reinvested into the fund and automatically reflected in the value of shares. For further explanation of some of the terms used above, please visit our website artemis.co.uk/glossary to view a glossary of terms. Other information: Investment in the fund should be regarded as a medium to long-term investment. Class I shares are only available to investors at Artemis Fund Managers Limited s discretion. You can buy and sell shares Monday to Friday, except on UK public holidays, each week. Risk and reward profile Typically lower rewards Typically higher rewards Lower risk Higher risk than investing in larger, more established companies. Shares in smaller companies are often not as easy to sell as shares in larger companies are. This can cause difficulty in buying, valuing and selling those shares. Also, reliable information for deciding their value or the risks may not be available. This indicator is based on historical data and may not be a reliable indication of the future risk profile of the fund. The risk category shown is not guaranteed and may change over time. A risk indicator of 1 does not mean that the investment is risk free. The indicator is not a measure of the possibility of losing your investment. The risk indicator for the fund is as above because: The price of shares, and the income from them, can fall and rise because of stockmarket and currency movements. Stockmarket prices, currencies and interest rates can move irrationally and can be affected unpredictably by diverse factors, including political and economic events. A portion of the fund s assets may be invested in a currency other than the fund s accounting currency (sterling). The value of these assets, and the income from them, may decrease if the currency falls in relation to sterling, in which the fund is valued and priced. The fund may have a concentrated portfolio of investments, which can give rise to more risk than where investments are spread over a large number of companies. This may increase the potential gains; however, the concentration of exposure and lack of diversification may also substantially increase the risk of loss by this fund. Investing in small and medium-sized companies can involve more risk

34 Charges for the fund The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. The charges reduce the potential growth of your investment. The entry charge is included in the purchase price of each share. One-off charges taken before or after you invest Entry charge 1.00% Exit charge This is the maximum that might be taken out of your money before it is invested. Charges taken from the fund over a year Ongoing charge 0.85% Charges taken from the fund under certain specific conditions Performance fee At present, there is no exit charge. The entry and exit charges shown are maximum figures. In some cases (including when switching to other funds run by Artemis Fund Managers Limited) you might pay less you can find out actual entry and exit charges from your financial adviser. The ongoing charges figure is based on the expenses for the year ending December Ongoing charges may vary from year to year and reduce the potential growth of your investment. The figure for ongoing charges excludes costs associated with buying and selling securities in the fund s underlying portfolio (for example, brokers commission and transaction taxes), except in the case of an entry/exit charge paid by the fund when buying or selling shares or units in another collective investment undertaking. The annual management charge is taken from income. For more information about charges, please see section 7 of the fund s prospectus, which is available at Past performance 30.0% 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% There is insufficient data to produce a useful indication of past performance 11.7% for the share class 26.6% Past performance in the chart shown includes all charges except entry charges. How the fund has performed in the past is not a guide to how it will perform in the future. Performance is calculated in sterling. This fund was launched on 19 September This class was launched on 19 September Practical information The Depository of the fund is National Westminster Bank plc. Further information about the fund can be obtained from the fund s prospectus and the latest annual and half-yearly reports. The documents are in English and available free of charge. These can be found, along with other information such as the price of the fund s shares, at artemis.co.uk or by phoning (from UK) or The assets of each sub-fund belong exclusively to it and are not available to meet the liabilities of any other sub- fund or Artemis Investment Funds ICVC. Information about Artemis remuneration policy is available at artemis.co.uk; a paper copy is available free of charge on request. UK tax legislation that applies to the fund may have an impact on your personal tax position. Artemis 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 for the fund. You can switch your investments between funds or types of shares or units in the Artemis range. For further information, please refer to the prospectus, artemis.co.uk or phone (from UK) or The fund is authorised in the UK and regulated by the Financial Conduct Authority. Artemis Fund Managers Limited is authorised in the UK and regulated by the Financial Conduct Authority. This key investor information is accurate as at 27 January 2017.

35 NON-UCITS RETAIL SCHEME 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. THREADNEEDLE UK PROPERTY AUTHORISED TRUST (THE "FUND") Class 2 Accumulation Units (GBP) GB00BQ3G0Y06, regulated by the FCA. This Fund is managed by Threadneedle Investment Services Limited (the "Management Company") (part of the Columbia and Threadneedle group of companies). Objectives and Investment Policy The aim of the Fund is to provide income and to grow the amount you invested. The Fund will invest 100%, or close to 100%, in the Threadneedle UK Property Authorised Investment Fund (the Company ), which is a Property Authorised Investment Fund ( PAIF ) for tax purposes. Since the Fund will invest all, or a very high proportion, of its assets into the Company, the Fund s investment returns are expected to be very similar to those of the Company. The objective of the Company is to grow the amount invested, and its investment policy is to invest typically at least two-thirds of its assets, either directly or indirectly in commercial real estate in the United Kingdom. The Company may also invest in shares, bonds, gilts, and other funds. The Company may invest in other assets including cash, for purposes of efficient portfolio management. Income from investments in the Fund will be added to the value of your units. You can buy and sell units in the Fund on any day that is a business day in London. You can find more detail on the objective and investment policy in the Investment Objective, Policy and other Details of the Fund section of the Prospectus, Recommendation: this Fund may not be appropriate for investors who plan to withdraw within 5 years. Risk and Reward Profile The value of investments can fall as well as rise and investors might not get back the sum originally invested. As this fund invests into other funds you should consider the underlying investments and overall risks. It may be difficult or impossible to realise an investment in the Fund because the underlying property held within the Company may not be readily saleable. The value of a property is a matter of a valuer's opinion and the true value may not be recognised until the property is sold by the Fund. As the Fund is dual priced, there is a price to buy units and a different price to sell them. Because of the cost of transacting in property, the difference between the two prices is likely to be wider than for other funds. The price at which you deal may change depending on whether the Fund is experiencing inflows or outflows of cash, and any change will mean an increase or decrease in the price at which you deal. If values in the property market go down or rental income decreases, the Fund's value may be negatively affected. Due to the illiquid nature of property and the time it can take to buy or sell assets, under normal circumstances up to 20% of the assets of the Company into which the Fund invests may be held as cash deposits. In exceptional circumstances, the level of cash held by the Fund may be significantly higher. Holding high levels of cash will have an impact on the performance of the Fund and its distributable income until the excess cash is invested in property assets. The Fund may exhibit significant price volatility. The risks currently identified as applying to the Fund are set out in the Risk Factors section of the prospectus. Page 1 of 2

36 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. 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: 0.81% Charges taken from the fund under specific conditions Performance Fee: NONE The ongoing charges figure does not take into account property expenses of 0.76%. These expenses include maintenance and repair fees, property insurance, and letting costs. The ongoing charges figure shown here is an estimate of the charges because the share/unit class is relatively new and has insufficient track record for us to calculate it exactly. The non- UCITS annual report for each financial year will include detail on the exact charges made. Past Performance 30% 25% 20% 15% 10% 5% 0% -5% -10% -15% Fund 12/05 13/ Source: Morningstar Past performance is not a guide to future performance. Fund launch date: 13/05/2016 Share/unit class launch date: 13/05/2016 Performance is calculated in GBP. The past performance information for the period prior to 13 May 2016 is from the Threadneedle UK Property Trust (Class 1 Net Income Units (GBP) GB00B1QGTF68) (a unit trust launched on 12 October 2007), which converted into this PAIF structure on 13 May All charges and fees, except any entry, exit and switching charge, have been included within the performance. fl Past performance before share class launch date includes data for another share / unit class or fund with similar characteristics. r Before this date the Fund had different characteristics. Please refer to for further details. Practical Information Depositary: Citibank Europe plc, UK branch. You can obtain further information regarding the Fund, the Company, its Prospectus, latest annual reports and any subsequent half-yearly reports free of charge from the Management Company. The documents are available in English. You can obtain other practical information, including current unit prices, at columbiathreadneedle.com. Details of the remuneration policy, including a description of how remuneration and benefits are calculated and the persons responsible for awarding them (including the composition of the remuneration committee), are available at columbiathreadneedle.com. A paper copy is available free of charge upon request. The tax legislation of the United Kingdom may have an impact on your personal tax position. You may exchange your shares for shares of other funds of the Company, if available. Details can be found in the section of the prospectus with the heading "Switching/Converting". This share class is representing other classes of the Fund, details of which can be found in the prospectus or at columbiathreadneedle.com. This Fund is authorised in the United Kingdom, and regulated by the Financial Conduct Authority. Threadneedle Investment Services Limited is authorised in the United Kingdom, and regulated by the Financial Conduct Authority. This Key Investor Information is accurate as at 19/05/2017. Page 2 of 2 en-gb