MFM UK Primary Opportunities Fund Class A Shares

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. MFM UK Primary Opportunities Fund Class A Shares a sub-fund of the MFM UK Primary Opportunities Fund OEIC (ISIN Income GB , Accumulation GB ) This fund is managed by Marlborough Fund Managers Ltd Objectives and Investment Policy The Fund aims to provide you with capital growth and investment income in total that is greater than that provided by the FTSE All Share Index by investing in a concentrated portfolio of companies carefully selected from the full range listed on the London Stock Exchange or its equivalent successor. The fund will invest mainly in, although is not limited to, equities and may hold cash and near cash at times when it is considered appropriate by the Manager. The fund may invest in derivatives and forward transactions for the reduction of risk or costs, or the generation of additional capital or income with an acceptably low level of risk. The Investment Adviser to the fund decides which investments to buy and when within the constraints of the objectives and policy. The fund is not constrained by a benchmark. The MFM UK Primary Opportunities Fund pays income. If you wish to receive this please tell us. If you do not want to receive income you will be given accumulation shares which means income is invested back into the fund and reflected in the price of your shares. You can sell all or part of your investment on a daily basis subject to the minimum holding requirements. Risk and Reward Profile Lower risk Typically lower rewards The risk and reward indicator above aims to provide you with an indication of the overall risk and reward profile of the fund. It is calculated based on the volatility of the fund using weekly historic returns over the last five years. If five years data is not available for a fund, the returns of a representative portfolio are used. As the risk and reward indicator is calculated based on historical data it 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. The lowest category does not mean a risk-free investment. The value of investments and the income from them may fall as well as rise and you may not get back the amount you originally invested. This fund has been measured as 5 because it has experienced moderate to high volatility historically. The funds volatility is affected by various factors including: - The fund will be exposed to stock markets. Stock Market prices Higher risk Typically higher rewards can move irrationally and be affected unpredictably by diverse factors, including political and economic events. - The fund will invest in the shares of smaller companies which are more volatile over shorter time periods. The fund invests mainly in The UK therefore investments will be vulnerable to sentiment in that market which may strongly affect The value of The fund. Risks which are not adequately captured by the risk indicator include: - In certain market conditions some assets in the fund may be less liquid and therefore more difficult to sell at their true value or in a timely manner. A more detailed description of the risks that apply to this fund can be found in the prospectus.

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. The entry and exit charges shown are maximum figures. In some cases you may pay less - you can find this out from your financial adviser. The ongoing charges figure is based on expenses for the year ending 31/07/2016.This figure may vary from year to year. It excludes: Portfolio transaction costs, except in the case of an entry/exit charge paid by the UCITS when buying or selling units in another collective investment undertaking. For more information about charges, please see Sections of the fund s prospectus, which is available at One-off charges taken before or after you invest Entry Charge 5.20% Exit Charge This is the maximum that might be taken out of your money before it is invested. Charges taken from the fund over each year Ongoing Charges 1.66% Charges taken from the fund under certain conditions Performance Fee Past Performance Historic performance to 31 December 2016 (%) Fund Benchmark Past performance is not a guide to future returns. Performance figures are calculated in Sterling on a net asset value basis and include net reinvested income. They include the annual management charge and all other fund expenses but do not include the entry charge. The fund was launched on 5 January This Share Class was launched on 5 January Benchmark: FTSE AllSh TR GBP. Practical Information If you wish to sell all or part of your investment please write to us at Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP or telephone The prospectus and annual report and accounts for the fund are available free of charge at or by calling The documents are available in English only. For further details including how to invest please see the Supplementary Information Document which is available at or call Other share classes of the Fund are available. For further details please see the Fund s prospectus which is available at You may switch to any fund in the Marlborough range on request, subject to a switching charge. The Depositary for the fund is HSBC Bank Plc. UK taxation may have an impact on your personal tax position. Fund prices are available at Some price information is also published in the Financial Times. Marlborough Fund Managers 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 prospectus for the UCITS. Source: FTSE Russell The Remuneration Policy of Marlborough Fund Managers Limited is available from This policy describes how remuneration and benefits are calculated and the governance arrangements in place around these payments. A paper copy of this policy is also available free of charge upon request. This fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. Marlborough Fund Managers Ltd is authorised in the United Kingdom and regulated by the Financial Conduct Authority. This key investor information is accurate as at

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. MFM UK Primary Opportunities Fund Class B Shares a sub-fund of the MFM UK Primary Opportunities Fund OEIC (ISIN Income GB , Accumulation GB ) This fund is managed by Marlborough Fund Managers Ltd Objectives and Investment Policy The Fund aims to provide you with capital growth and investment income in total that is greater than that provided by the FTSE All Share Index by investing in a concentrated portfolio of companies carefully selected from the full range listed on the London Stock Exchange or its equivalent successor. The fund will invest mainly in, although is not limited to, equities and may hold cash and near cash at times when it is considered appropriate by the Manager. The fund may invest in derivatives and forward transactions for the reduction of risk or costs, or the generation of additional capital or income with an acceptably low level of risk. The Investment Adviser to the fund decides which investments to buy and when within the constraints of the objectives and policy. The fund is not constrained by a benchmark. The MFM UK Primary Opportunities Fund pays income. If you wish to receive this please tell us. If you do not want to receive income you will be given accumulation shares which means income is invested back into the fund and reflected in the price of your shares. You can sell all or part of your investment on a daily basis subject to the minimum holding requirements. Risk and Reward Profile Lower risk Typically lower rewards The risk and reward indicator above aims to provide you with an indication of the overall risk and reward profile of the fund. It is calculated based on the volatility of the fund using weekly historic returns over the last five years. If five years data is not available for a fund, the returns of a representative portfolio are used. As the risk and reward indicator is calculated based on historical data it 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. The lowest category does not mean a risk-free investment. The value of investments and the income from them may fall as well as rise and you may not get back the amount you originally invested. This fund has been measured as 5 because it has experienced moderate to high volatility historically. The funds volatility is affected by various factors including: - The fund will be exposed to stock markets. Stock Market prices Higher risk Typically higher rewards can move irrationally and be affected unpredictably by diverse factors, including political and economic events. - The fund will invest in the shares of smaller companies which are more volatile over shorter time periods. The fund invests mainly in The UK therefore investments will be vulnerable to sentiment in that market which may strongly affect The value of The fund. Risks which are not adequately captured by the risk indicator include: - In certain market conditions some assets in the fund may be less liquid and therefore more difficult to sell at their true value or in a timely manner. A more detailed description of the risks that apply to this fund can be found in the prospectus.

4 Charges The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment. The entry and exit charges shown are maximum figures. In some cases you may pay less - you can find this out from your financial adviser. The ongoing charges figure is based on expenses for the year ending 31/07/2016.This figure may vary from year to year. It excludes: Portfolio transaction costs, except in the case of an entry/exit charge paid by the UCITS when buying or selling units in another collective investment undertaking. For more information about charges, please see Sections of the fund s prospectus, which is available at One-off charges taken before or after you invest Entry Charge Exit Charge This is the maximum that might be taken out of your money before it is invested. Charges taken from the fund over each year Ongoing Charges 1.16% Charges taken from the fund under certain conditions Performance Fee Past Performance Historic performance to 31 December 2016 (%) Fund Benchmark Past performance is not a guide to future returns. Performance figures are calculated in Sterling on a net asset value basis and include net reinvested income. They include the annual management charge and all other fund expenses but do not include the entry charge. The fund was launched on 5 January This Share Class was launched on 5 January Benchmark: FTSE AllSh TR GBP. Practical Information If you wish to sell all or part of your investment please write to us at Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP or telephone The prospectus and annual report and accounts for the fund are available free of charge at or by calling The documents are available in English only. For further details including how to invest please see the Supplementary Information Document which is available at or call Other share classes of the Fund are available. For further details please see the Fund s prospectus which is available at You may switch to any fund in the Marlborough range on request, subject to a switching charge. The Depositary for the fund is HSBC Bank Plc. UK taxation may have an impact on your personal tax position. Fund prices are available at Some price information is also published in the Financial Times. Marlborough Fund Managers 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 prospectus for the UCITS. Source: FTSE Russell The Remuneration Policy of Marlborough Fund Managers Limited is available from This policy describes how remuneration and benefits are calculated and the governance arrangements in place around these payments. A paper copy of this policy is also available free of charge upon request. This fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. Marlborough Fund Managers Ltd is authorised in the United Kingdom and regulated by the Financial Conduct Authority. This key investor information is accurate as at

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. MFM UK Primary Opportunities Fund Class P Shares a sub-fund of the MFM UK Primary Opportunities Fund OEIC (ISIN Income GB00B8HGN522, Accumulation GB00B905T773) This fund is managed by Marlborough Fund Managers Ltd Objectives and Investment Policy The Fund aims to provide you with capital growth and investment income in total that is greater than that provided by the FTSE All Share Index by investing in a concentrated portfolio of companies carefully selected from the full range listed on the London Stock Exchange or its equivalent successor. The fund will invest mainly in, although is not limited to, equities and may hold cash and near cash at times when it is considered appropriate by the Manager. The fund may invest in derivatives and forward transactions for the reduction of risk or costs, or the generation of additional capital or income with an acceptably low level of risk. The Investment Adviser to the fund decides which investments to buy and when within the constraints of the objectives and policy. The fund is not constrained by a benchmark. The MFM UK Primary Opportunities Fund pays income. If you wish to receive this please tell us. If you do not want to receive income you will be given accumulation shares which means income is invested back into the fund and reflected in the price of your shares. You can sell all or part of your investment on a daily basis subject to the minimum holding requirements. Risk and Reward Profile Lower risk Typically lower rewards The risk and reward indicator above aims to provide you with an indication of the overall risk and reward profile of the fund. It is calculated based on the volatility of the fund using weekly historic returns over the last five years. If five years data is not available for a fund, the returns of a representative portfolio are used. As the risk and reward indicator is calculated based on historical data it 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. The lowest category does not mean a risk-free investment. The value of investments and the income from them may fall as well as rise and you may not get back the amount you originally invested. This fund has been measured as 5 because it has experienced moderate to high volatility historically. The funds volatility is affected by various factors including: - The fund will be exposed to stock markets. Stock Market prices Higher risk Typically higher rewards can move irrationally and be affected unpredictably by diverse factors, including political and economic events. - The fund will invest in the shares of smaller companies which are more volatile over shorter time periods. The fund invests mainly in The UK therefore investments will be vulnerable to sentiment in that market which may strongly affect The value of The fund. Risks which are not adequately captured by the risk indicator include: - In certain market conditions some assets in the fund may be less liquid and therefore more difficult to sell at their true value or in a timely manner. A more detailed description of the risks that apply to this fund can be found in the prospectus.

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. The entry and exit charges shown are maximum figures. In some cases you may pay less - you can find this out from your financial adviser. The ongoing charges figure is based on expenses for the year ending 31/07/2016.This figure may vary from year to year. It excludes: Portfolio transaction costs, except in the case of an entry/exit charge paid by the UCITS when buying or selling units in another collective investment undertaking. For more information about charges, please see Sections of the fund s prospectus, which is available at One-off charges taken before or after you invest Entry Charge 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 each year Ongoing Charges 0.91% Charges taken from the fund under certain conditions Performance Fee Past Performance Historic performance to 31 December 2016 (%) Fund Benchmark Past performance is not a guide to future returns. Performance figures are calculated in Sterling on a net asset value basis and include net reinvested income. They include the annual management charge and all other fund expenses but do not include the entry charge. The fund was launched on 5 January This Share Class was launched on 31 December 2012 and first priced on 2 January In the period to 02/01/2013, past performance is represented by the fund s A class shares. Benchmark: FTSE AllSh TR GBP. Practical Information If you wish to sell all or part of your investment please write to us at Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP or telephone The prospectus and annual report and accounts for the fund are available free of charge at or by calling The documents are available in English only. For further details including how to invest please see the Supplementary Information Document which is available at or call Other share classes of the Fund are available. For further details please see the Fund s prospectus which is available at You may switch to any fund in the Marlborough range on request, subject to a switching charge. The Depositary for the fund is HSBC Bank Plc. UK taxation may have an impact on your personal tax position. Fund prices are available at Some price information is also published in the Financial Times. Marlborough Fund Managers 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 prospectus for the UCITS. Source: FTSE Russell The Remuneration Policy of Marlborough Fund Managers Limited is available from This policy describes how remuneration and benefits are calculated and the governance arrangements in place around these payments. A paper copy of this policy is also available free of charge upon request. This fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority. Marlborough Fund Managers Ltd is authorised in the United Kingdom and regulated by the Financial Conduct Authority. This key investor information is accurate as at

7 Application Form Please complete this application form in BLOCK CAPITALS and return to: Marlborough Fund Managers Ltd, Marlborough House, 59 Chorley New Road, Bolton BL1 4QP 1. Personal Details (all applicants must complete either section 1 or 2) Applicant 1 Applicant 2 (if required) Existing Holder ID (if known) Existing Holder ID Title Surname Title Surname Forename(s) in full Forename(s) in full Postcode Postcode of Birth D D M M Y Y Does the designation signify a Trust? YES*/NO Telephone Number Account Designation, if required (Purchases for minors may be registered in the name of an adult and designated with the initials of the minor) Please detail any residency or citizenship(s) held in any country other than the UK: of Birth D D M M Y Y Telephone Number Up to two further account holders may be registered. If this is required, then please attach their details on a separate sheet of paper and ensure they sign all attachments and the declaration. In the case of joint holders, all payment and correspondence will be sent to the first named holder unless otherwise requested. 2. Company Name * If YES, please provide a list of the following to accompany this application form stating the relevant capacity the person is acting in: (i) further Trustees not included as applicants; (ii) beneficiaries who are nominated to benefit from more than 25% of the Trust Property; (iii) any other person who may exercise control over the Trust and (iv) class of beneficiary where no individual beneficiaries. Where payment is being made from a Trust bank account, please send a certified copy of the Trust Deeds for our records. Investments cannot be registered in the name of a trust, scheme or executorship. Instead they should be in the name(s) of the individual trustee(s). Existing Holding Reference (if known) Company Name Authorised Signatory Name 1 Postcode Authorised Signatory Name 2 Account Designation, if required Telephone Number(s) 3. For Non UK Resident Investors only Please provide your Tax Identification Number (TIN) (if known) Place of Birth (Town and Country) Please forward a copy of the section of your passport (or official identity card) showing the above details. 4. Beneficial Ownership (complete this section if the registered holder is NOT the beneficial owner) Beneficial Holder/Name of Birth Applicants for direct investments are required to disclose circumstances where an individual or organisation other than the investor(s) named on the application form ultimately owns or controls the investment being made. You are therefore required to make the relevant disclosure on the application form and where necessary provide the full name of any additional parties who have beneficial ownership of this investment. There are additional requirements for bodies corporate, partnerships, trusts, fund administrators/distributors and estates of deceased persons. Please contact us if you would like to discuss documentation requirements. 5. Professional Adviser s Details (if applicable) Adviser Name Agent Name and or Stamp FCA Number Agent Code (if known) Tick here if advice has been given Tick here if cancellation rights apply Initial Commission % (not available on UK Retail advised business) 6. Client Identification In order to comply with Money Laundering Regulations we are required to verify your identity and address. We will do this by checking your details against various databases via a credit reference agency. These checks will not have any impact on your credit rating. In the event that we are unable to verify your identity in this way we may write to you to request additional documentation. Overseas investors should contact us prior to investing to discuss documentation requirements. Marlborough Fund Managers Ltd is authorised and regulated by the Financial Conduct Authority and a member of The Investment Association. (V2 April 2015)

8 7. Investment Details You may invest in one or more funds. The minimum subscription for each fund is detailed in the relevant Key Investor Information Document. Fund Name Regular Savings Amount Lump Sum Amount Total If you require income to be paid out to you, please tick here: Income will be paid to the applicants bank account detailed in Section 10. Otherwise, income will either be accumulated (where accumulation units/shares are available) or automatically reinvested at no initial charge (where only income units/shares are available). 8. Declaration (all applicants must sign) I declare that I am 18 years of age or over. I wish to buy units/shares as set out above at the buying price prevailing at the first valuation following receipt of this order I declare that I have read and understood the relevant Key Investor Information Document (KIID) and Supplementary Information Document (SID). I understand that these documents form part of the terms and conditions of my investment in the funds I am aware that the full Prospectus which includes the risk warnings relevant to the fund(s) is available from Marlborough Fund Managers Ltd I confirm that I am not a US Person (either a resident or citizen) and acknowledge that US Persons cannot hold units/shares in the fund(s). Marlborough Fund Managers Ltd as data controller will handle your personal details in accordance with the Data Protection Act We may contact you from time to time with details of other products or services we offer. If you do NOT wish to receive such information please tick here Applicant 1 Full Name Applicant 2 Full Name 9. Completed Application Form Have you: Provided full registration details - Sections 1 to 4 Stated your fund choice(s) and how much you wish to invest - Section 7 Signed and dated the declaration - Section 8 Completed and signed the mandate for regular savers and/or income payments (if applicable) - Section 10 If you have any queries or need further assistance with the completion of this application form, please contact your Professional Adviser or contact us on the following: Dealing: dealing@marlboroughfunds.com Website: Up to date Key Investor Information Documents, Prospectuses and Manager s Reports & Accounts for any fund within the Manager s range, can be requested by the investor at any time. Enclosed a cheque made payable to: Marlborough Fund Managers Ltd (The maximum acceptable cheque is 100,000). Your completed Application Form together with your cheque should be returned to your Professional Adviser or direct to: Marlborough Fund Managers Ltd, Marlborough House, 59 Chorley New Road, Bolton BL1 4QP. 10. Mandate Details (any bank details given in this section will override any existing bank details that we may hold for you) Applicant bank account details to be inserted for: Paying income out from any selected funds (where applicable) Regular savers (where applicable) Instruction to your bank or building society to pay by Direct Debit To the Manager Bank/Building Society Service User: Marlborough Fund Managers Ltd Marlborough House, 59 Chorley New Road, Bolton BL1 4QP Service User No: Reference (to be completed by Marlborough) Name(s) of Account Holder(s) Post Code Instruction to your Bank or Building Society: Please pay Marlborough Fund Managers Direct Debits from the account detailed on this instruction subject to the safeguards assured by the Direct Debit Guarantee. I understand that this instruction may remain with Marlborough Fund Managers and if so, details will be passed electronically to my Bank/Building Society. Bank/Building Society Account Number Sort Code - - Please be aware that Banks and Building Societies may not accept Direct Debit instructions for some types of account and any bank details given in this section will override any existing bank details that we may hold for you, unless otherwise stated. We will write to you to confirm the date on which your Direct Debit will be collected. 11. Direct Debit Guarantee (this guarantee should be detached and retained by the payer) This guarantee is offered by all Bank and Building Societies that accept instructions to pay Direct Debits If there are any changes to the amount, date or frequency of your Direct Debit, Marlborough Fund Managers Ltd will notify you 3 working days in advance of your account being debited or as otherwise agreed. If you request Marlborough Fund Managers Ltd to collect a payment, confirmation of the amount and date will be given to you at the time of the request If an error is made in the payment of your Direct Debit by Marlborough Fund Managers Ltd or your Bank/Building Society, you are entitled to a full and immediate refund of the amount paid from your bank or building society If you receive a refund you are not entitled to, you must pay it back when Marlborough Fund Managers Ltd asks you to You can cancel a Direct Debit at any time by simply contacting your Bank or Building Society. Written Confirmation may be required. Please also notify us.

9 ISA Application Form 2016/2017 Please complete this application form in BLOCK CAPITALS and return to: Marlborough Fund Managers Ltd, Marlborough House, 59 Chorley New Road, Bolton BL1 4QP 1. Personal Details Existing Holder ID (if known) Title Forename(s) in full Surname Postcode National Insurance Number If you do not know your National Insurance Number, see your P60, notice of coding, tax return or see your employer or tax office who may be able to help. If you receive a pension, you can find the number on the front of your pension book. IMPORTANT: Your National Insurance Number and of Birth are essential requirements for ISA investments. We cannot open your ISA without them. If, however a National Insurance Number has never been issued to you, please tick here Please detail any residency or citizenship you hold in any country other than the UK: of Birth D D M M C C Y Y Telephone Number 2. Details of Account(s) (please select one or all of the following options) Option 1: Invest in a 2016/2017 Stocks & Shares ISA I wish to invest in a S&S ISA for the 2016/17 tax year and each subsequent year, until further notice. I am aware the total investment must not exceed 15,240 or 1,270per month Option 2: Transfer existing Stocks & Shares ISA I wish to transfer the whole of my current years ISA subscription I wish to transfer all my previous years ISA subscriptions I wish to transfer or % of my ISA holding for previous years. Please indicate fund(s) to be transferred I wish to transfer specific whole tax year(s) e.g. 2015/16 Option 3: Transfer existing Cash ISA I wish to transfer the whole of my current years ISA subscription I wish to transfer all my previous years ISA subscriptions I wish to transfer or % of my ISA holding for previous years. Please indicate fund(s) to be transferred I wish to transfer specific whole tax year(s) e.g. 2015/16 3. Investment Details You may invest in one or more funds. The minimum subscription for each fund is detailed in the relevant Key Investor Information Document (KIID). Fund Name Lump Sum ( ) Regular Savings ( ) % of Existing ISA If you require income to be paid out to you, please tick here: Income will be paid to the applicant s bank account detailed in Section 9. Otherwise, income will either be accumulated (where accumulation units/shares are available) or automatically reinvested at no initial charge (where only income units/shares are available). 4. Transfer Instruction to existing ISA Manager I hereby authorise you to transfer the ISA referred to in this section by liquidating the assets as detailed and transfer the proceeds with any additional cash held in my ISA to Marlborough Fund Managers Ltd. Any dividends, tax credits, sale proceeds or other monies should be forwarded as soon as possible. In addition, I authorise you to supply Marlborough Fund Managers Ltd with full details of my ISA and understand the transfer process will commence from receipt of this application unless stated otherwise. Please forward a full history of the ISA(s) along with the cheque made payable to Marlborough Fund Managers Ltd at your earliest convenience to the address above. Total Manager Name Manager Telephone Number(s) Account Number(s) Post Code Approximate Value (if known) 5. Client Identification In order to comply with Money Laundering Regulations we are required to verify the identity and address of the applicant(s). We will do this by checking details against various databases via a credit reference agency. These checks will not have any impact on your credit rating. In the event that we are unable to verify your identity in this way we may write to you to request additional documentation. Overseas investors should contact us prior to investing to discuss documentation requirements. Marlborough Fund Managers Ltd is authorised and regulated by the Financial Conduct Authority and a member of The Investment Association. (V4 April 2016)

10 6. Professional Adviser s Details (if applicable) Adviser Name Agent Name and or Stamp FCA Number Agent Code (if known) Tick here if advice has been given Tick here if cancellation rights apply Initial Commission % (not available on UK Retail advised business) 7. Declaration (please sign and date) I declare that I am18 years of age or over. I am resident in the United Kingdom (UK) for tax purposes or, if not so resident, either perform duties which, by virtue of Section 28 of Income Tax (Earnings & Pensions) Act 2003 (Crown employees serving overseas) are treated as being performed in the UK, or I am married to or in a civil partnership with, a person who performs such duties. I will inform Marlborough Fund Managers Ltd if I cease to be so resident or to perform such duties or be married to, or in a civil partnership with, a person who performs such duties I confirm that I am not a US Person (either a resident or citizen) and acknowledge that US Persons cannot hold shares/units in the fund(s) I apply to subscribe for a Stocks & Shares ISA for the tax year and amount, stated overleaf and each subsequent year I have not subscribed and will not subscribe to another Stocks & Shares ISA in the same tax year that I subscribe to this Stocks & Shares ISA I have not subscribed and will not subscribe more than the overall subscription limit in total to a Stocks & Shares ISA and a Cash ISA in the same tax year All subscriptions made and to be made belong to me I hereby authorise Marlborough Fund Managers: (i) to hold my cash subscription, ISA investments, interest, dividends and any other rights or proceeds in respect of those investments and any other cash. (ii) to make on my behalf any claims or relief from tax in respect of ISA investments I acknowledge that I have read and understood the Marlborough Fund Managers Ltd ISA Terms & Conditions and agree to be bound to these. To the best of my knowledge and belief, all statements made in this application form are true and correct and I shall inform the plan manager immediately of any changes herein I have read and understood the relevant Key Investor Information Document (KIID) and Supplementary Information Document (SID). I understand that these documents form part of the terms and conditions of my investment in the funds. Marlborough Fund Managers Ltd as data controller will handle your personal details in accordance with the Data Protection Act We may contact you from time to time with details of other products or services we offer. If you do NOT wish to receive such information please tick here Full Name 8. Completed Application Form Have you: Provided full registration details - Sections 1 Stated your fund choice(s) and how much you wish to invest - Section 3 Signed and dated the declaration - Section 7 Completed and signed the mandate for regular savers and/or income payments (if applicable) - Section 9 Enclosed a cheque made payable to: Marlborough Fund Managers Ltd (if applicable) If you have any queries or need further assistance with the completion of this application form, please contact your Professional Adviser or contact us on the following: Dealing: dealing@marlboroughfunds.com Website: Up to date Key Investor Information Documents, Prospectuses and Manager s Reports & Accounts for any fund within the Manager s range, can be requested by the investor at any time. Your completed Application Form together with your cheque (if applicable) should be returned to your Professional Adviser or direct to: Marlborough Fund Managers Ltd, Marlborough House, 59 Chorley New Road, Bolton BL1 4QP. 9. Mandate Details (any bank details given in this section will override any existing bank details that we may hold for you) Applicant bank account details to be inserted for: Paying income out from any selected funds (where applicable) Regular savers (where applicable) Instruction to your bank or building society to pay by Direct Debit To the Manager Bank/Building Society Service User: Marlborough Fund Managers Ltd Marlborough House, 59 Chorley New Road, Bolton BL1 4QP Service User No: Reference (to be completed by Marlborough) Name(s) of Account Holder(s) Post Code Instruction to your Bank or Building Society: Please pay Marlborough Fund Managers Direct Debits from the account detailed on this instruction subject to the safeguards assured by the Direct Debit Guarantee. I understand that this instruction may remain with Marlborough Fund Managers and if so, details will be passed electronically to my Bank/ Building Society. Bank/Building Society Account Number Sort Code - - Please be aware that Banks and Building Societies may not accept Direct Debit instructions for some types of account and any bank details given in this section will override any existing bank details that we may hold for you, unless otherwise stated. We will write to you to confirm the date on which your Direct Debit will be collected. 10. Direct Debit Guarantee (this guarantee should be detached and retained by the payer) This guarantee is offered by all Bank and Building Societies that accept instructions to pay Direct Debits If there are any changes to the amount, date or frequency of your Direct Debit, Marlborough Fund Managers Ltd will notify you 3 working days in advance of your account being debited or as otherwise agreed. If you request Marlborough Fund Managers Ltd to collect a payment, confirmation of the amount and date will be given to you at the time of the request If an error is made in the payment of your Direct Debit by Marlborough Fund Managers Ltd or your Bank/Building Society, you are entitled to a full and immediate refund of the amount paid from your bank or building society If you receive a refund you are not entitled to, you must pay it back when Marlborough Fund Managers Ltd asks you to You can cancel a Direct Debit at any time by simply contacting your Bank or Building Society. Written Confirmation may be required. Please also notify us.