Defensive Income Fund Data as at 31.07.16 Fund facts Fund Managers: Alignment to risk profiling tools: Jonathan Webster-Smith Mark Shields Jim Mackie Fund overview The fund is actively managed and invests primarily in fixed interest, as well as defensive equities and alternative assets. The fund aims to generate income over the long term. It invests in a variety of collective investment schemes to provide an overall defensive mix of income generating assets, and may also invest in transferable securities, money market instruments, exchange-traded funds, cash, and cash deposits. Launch date: 20.12.04 Fund size: 34.61m Number of holdings: 19 Share types available: Income, Accumulation The Brooks Macdonald Defensive Income Fund provides access to the discretionary management expertise and proven central investment process of Brooks Macdonald Group. Performance Performance vs IA Mixed Investment 0-35% Shares Currencies available: Base currency: Initial charge: GBP, EUR, USD, SGD GBP Nil 40 30 0 Axis Brooks Macdonald Defensive Income Fund IA Mixed Investment 0-35% Shares Ongoing charge*: 1.35% Annual management charge: 0.50% Minimum investment: 1,000 20 10 ISIN: SEDOL: Structure: GB00B054QL91 B054QL9 Sub-fund of IFSL Brooks Macdonald OEIC 0-10 Jul 11 Jan 12 Jul 12 Jan 13 Jul 13 Jan 14 Jul 14 Jan 15 Jul 15 Jan 16 Jul 16 Dealing frequency: Investment Manager: Daily Brooks Macdonald Funds Limited Yield**: 3.10% NISA/SIPP eligible: Yes * Ongoing charge represents the direct costs of running a fund, which are deducted from the assets of the fund and provide a figure that makes the cost of investing across different funds easily comparable. The annual management charge is included in the ongoing charge. ** The above historic yield is after the deduction of charges, which are taken from capital. The information presented in this factsheet, including charges and performance, is for Sterling Class A Shares. Other share classes may be available. 12-month performance July-July 2015-2016 2014-2015 2013-2014 2012-2013 Fund (%) 3.75 4.65 4.74 9.79 5.46 IA Mixed Investment 0-35% Shares (%) 5.93 4.24 2.32 6.15 3.33 Difference (%) -2.18 0.41 2.42 3.64 2.13 Cumulative performance to 31.07.16 Fund (%) 2011-2012 IA Mixed Investment 0-35% Shares (%) 1 year 3.75 5.93 2 years 8.58 10.42 3 years 13.73 12.98 5 years 31.68 23.93 Since inception 31.93 24.45 Contact us T 02074085511 E funds@brooksmacdonald.com www.brooksmacdonald.com Source: Financial Express Analytics, total return, net of all ongoing charges, bid-to-bid in Sterling as at 01.08.16. Past performance is not a guide to future performance. Please note: on 01.07.11, following a shareholder vote, the fund changed its name and investment objective. In the cumulative performance table, since inception means since 01.07.11.
Defensive Income Fund Top ten holdings Sector breakdown Fund % of fund Fidelity MoneyBuilder Income Fund 8.21 UK fixed interest 19.79 Newton Global Higher Income Fund 5.93 International fixed interest 19.26 L&G Dynamic Bond Fund 5.87 Artemis Strategic Bond Fund 5.83 M&G Optimal Income Fund 5.75 UK equity Hedge 14.30 13.99 Fidelity Enhanced Income Fund 5.37 IFSL BM Defensive Capital Fund 5.37 Polar Capital Global Convertibles Fund 5.25 International & thematic equity Property 9.32 12.43 IFSL North Row Liquid Property Fund 5.06 Aviva Multi Strategy Target Income Fund 5.04 Total 57.67 Structured Cash 5.37 5.55 0% 5% 10% 15% 20% 25% Important information All data provided by Brooks Macdonald, unless otherwise stated, as at 31.07.16. The information presented in this factsheet, including charges and performance, is for Sterling Class A Shares and may differ for other share classes. Investment markets and conditions can change rapidly and as such the views expressed should not be taken as statements of fact, nor should reliance be placed on these views when making investment decisions. Prices and income will fluctuate and you may not get back your original investment. Past performance is not a guide to future performance. Changes in rates of exchange may have an adverse effect on the value of an investment. Changes in interest rates may impact the value of fixed interest investments within the fund. The value of your investment may be impacted if the issuers of underlying fixed interest holdings default, or market perception of their credit risk changes. There are additional risks associated with investments in emerging or developing markets. FinaMetrica Pty Ltd. Risk tolerance scores were mapped to the funds strategic asset allocations as at 31.03.16. The mappings are only for use by financial advisers licensed to use FinaMetrica s risk profiling system and do not constitute financial advice. Financial advisers must satisfy themselves that the funds current asset allocations reflect the risk/return expectations of the funds when mapped. Brooks Macdonald does pay FinaMetrica for the mappings in the table however these mappings are calculated independently by FinaMetrica. The risk ratings set out in this document have been prepared by Distribution Technology Limited ( DT ) and are based on analyses conducted by DT in June 2016. This document is for information purposes only and should not be reproduced, copied or made available to others. It should neither be construed as a solicitation or an offer to purchase or sell investments or related financial instruments nor does it constitute advice or a recommendation and you should not make any investment decisions on the basis of it. This document has no regard for the specific investment objectives, financial situation or needs of any person or specific entity and contains only brief information on the fund. If you do not understand any part of the document or you require guidance please contact your professional adviser. Investment Fund Services Limited (IFSL) is the Authorised Corporate Director of the IFSL Brooks Macdonald Fund. IFSL is registered in England No. 06110770 and is authorised and regulated by the Financial Conduct Authority. Registered office: Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP. Copies of the Prospectus and Key Investor Information Documents are available from www.ifslfunds.com or can be requested as a paper copy by calling 0808 178 9321 or writing to IFSL, Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP. Brooks Macdonald is a trading name of Brooks Macdonald Group plc used by various companies in the Brooks Macdonald group of companies. Brooks Macdonald Funds Limited is authorised and regulated by the Financial Conduct Authority in the United Kingdom. Registered in England No. 5730097. Registered Office: 72 Welbeck Street, London W1G 0AY. The fund referred to in this document may not be authorised or regulated by the local regulator in your jurisdiction. More information about the Brooks Macdonald Group can be found at www.brooksmacdonald.com. BMF/2360.41/AUG16
Cautious Growth Fund Data as at 31.07.16 Fund facts Fund Managers: Alignment to risk profiling tools: Jonathan Webster-Smith Mark Shields Jim Mackie Fund overview The fund is actively managed and invests primarily in fixed interest and equity markets, largely through collective investment schemes. The fund aims to provide investors with long-term capital growth and income. It invests in a cautious mix of asset classes that may also include transferable securities, money market instruments, exchange-traded funds, cash, and cash deposits. Launch date: 20.12.04 Fund size: 65.11m Number of holdings: 20 Share types available: Income, Accumulation The Brooks Macdonald Cautious Growth Fund provides access to the discretionary management expertise and proven central investment process of Brooks Macdonald Group. Performance Performance vs IA Mixed Investment 20-60% Shares Currencies available: Base currency: Initial charge: GBP, EUR, USD, SGD GBP Nil 40 30 0 Axis Brooks Macdonald Cautious Growth Fund IA Mixed Investment 20-60% Shares Ongoing charge*: 1.27% Annual management charge: 0.50% Minimum investment: 1,000 20 10 ISIN: SEDOL: GB00B5T81S44 (Acc) GB00B054QH55 (Inc) B5T81S4 (Acc) B054QH5 (Inc) 0-10 Jul 11 Jan 12 Jul 12 Jan 13 Jul 13 Jan 14 Jul 14 Jan 15 Jul 15 Jan 16 Jul 16 Structure: Dealing frequency: Investment Manager: Sub-fund of IFSL Brooks Macdonald OEIC Daily Brooks Macdonald Funds Limited Yield**: 1.40% NISA/SIPP eligible: Yes * Ongoing charge represents the direct costs of running a fund, which are deducted from the assets of the fund and provide a figure that makes the cost of investing across different funds easily comparable. The annual management charge is included in the ongoing charge. ** The above historic yield is after the deduction of charges, which are taken from income. The information presented in this factsheet, including charges and performance, is for Sterling Class A Shares. Other share classes may be available. Contact us T 020 7408 5511 E funds@brooksmacdonald.com www.brooksmacdonald.com 12-month performance July-July 2015-2016 2014-2015 2013-2014 2012-2013 Fund (%) 7.21 7.03 3.68 12.64 0.46 IA Mixed Investment 20-60% Shares (%) 5.38 5.59 3.36 11.22 1.40 2011-2012 Difference (%) 1.83 1.44 0.32 1.42-0.94 Cumulative performance to 31.07.16 Fund (%) IA Mixed Investment 20-60% Shares (%) 1 year 7.21 5.38 2 years 8.54 11.27 3 years 18.97 15.00 5 years 34.63 29.70 Since inception 35.30 29.18 Source: Financial Express Analytics, total return, net of all ongoing charges, bid-to-bid in Sterling as at 01.08.16. Past performance is not a guide to future performance. Please note: on 01.07.11, following a shareholder vote, the fund changed its name and investment objective. In the cumulative performance table, since inception means since 01.07.11.
Cautious Growth Fund Top ten holdings Sector breakdown Fund % of fund Fidelity US Index Tracker Fund 8.26 Fidelity MoneyBuilder Income Fund 8.14 Liontrust Special Situations Fund 5.88 IFSL BM Defensive Capital Fund 5.57 M&G Optimal Income Fund 5.29 Fundsmith Equity Fund 5.28 Vanguard FTSE All Share Tracker Unit Trust 5.18 First State Asia Pacific Leaders B Fund 4.95 Trojan Income Fund 4.88 Morgan Stanley Global Brands Fund 4.76 Total 58.18 UK equity International equity UK fixed interest Hedge International fixed interest US equity Structured Return Japan / Far East equity Property European equity Cash 5.57 4.95 4.00 3.60 10.48 8.76 8.26 10.29 13.43 14.72 15.94 0% 5% 10% 15% 20% Important information All data provided by Brooks Macdonald, unless otherwise stated, as at 31.07.16. The information presented in this factsheet, including charges and performance, is for Sterling Class A Shares and may differ for other share classes. Investment markets and conditions can change rapidly and as such the views expressed should not be taken as statements of fact, nor should reliance be placed on these views when making investment decisions. Prices and income will fluctuate and you may not get back your original investment. Past performance is not a guide to future performance. Changes in rates of exchange may have an adverse effect on the value of an investment. Changes in interest rates may impact the value of fixed interest investments within the fund. The value of your investment may be impacted if the issuers of underlying fixed interest holdings default, or market perception of their credit risk changes. There are additional risks associated with investments in emerging or developing markets. FinaMetrica Pty Ltd. Risk tolerance scores were mapped to the funds strategic asset allocations as at 31.03.16. The mappings are only for use by financial advisers licensed to use FinaMetrica s risk profiling system and do not constitute financial advice. Financial advisers must satisfy themselves that the funds current asset allocations reflect the risk/return expectations of the funds when mapped. Brooks Macdonald does pay FinaMetrica for the mappings in the table however these mappings are calculated independently by FinaMetrica. The risk ratings set out in this document have been prepared by Distribution Technology Limited ( DT ) and are based on analyses conducted by DT in June 2016. This document is for information purposes only and should not be reproduced, copied or made available to others. It should neither be construed as a solicitation or an offer to purchase or sell investments or related financial instruments nor does it constitute advice or a recommendation and you should not make any investment decisions on the basis of it. This document has no regard for the specific investment objectives, financial situation or needs of any person or specific entity and contains only brief information on the fund. If you do not understand any part of the document or you require guidance please contact your professional adviser. Investment Fund Services Limited (IFSL) is the Authorised Corporate Director of the IFSL Brooks Macdonald Fund. IFSL is registered in England No. 06110770 and is authorised and regulated by the Financial Conduct Authority. Registered office: Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP. Copies of the Prospectus and Key Investor Information Documents are available from www.ifslfunds.com or can be requested as a paper copy by calling 0808 178 9321 or writing to IFSL, Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP. Brooks Macdonald is a trading name of Brooks Macdonald Group plc used by various companies in the Brooks Macdonald group of companies. Brooks Macdonald Funds Limited is authorised and regulated by the Financial Conduct Authority in the United Kingdom. Registered in England No. 5730097. Registered Office: 72 Welbeck Street, London W1G 0AY. The fund referred to in this document may not be authorised or regulated by the local regulator in your jurisdiction. More information about the Brooks Macdonald Group can be found at www.brooksmacdonald.com. BMF/2359.41/AUG16
Strategic Growth Fund Data as at 31.07.16 Fund facts Fund Managers: Alignment to risk profiling tools: Jonathan Webster-Smith Mark Shields Jim Mackie Fund overview The fund is actively managed and invests primarily, but not exclusively, in global equities largely through collective investment schemes. The fund aims to generate capital growth over the longer term. The fund also invests in a small diversified mix of asset classes including fixed income securities, alternative investments, transferable securities, money market instruments, exchange-traded funds, cash and cash deposits. Launch date: 31.10.13 Fund size: 12.12m Number of holdings: 22 Share types available: Accumulation The Brooks Macdonald Strategic Growth Fund provides access to the discretionary management expertise and proven central investment process of Brooks Macdonald Group. Performance Performance vs IA Flexible Investment Currencies available: Base currency: Initial charge: GBP, EUR, USD, SGD GBP Nil 30 20 0 Axis Brooks Macdonald Strategic Growth Fund IA Flexible Investment Ongoing charge*: 1.24% Annual management charge: 0.50% Minimum investment: 1,000 ISIN: GB00BDX8Y871 10 0 SEDOL: Structure: BDX8Y87 Sub-fund of IFSL Brooks Macdonald OEIC -10 Jul 14 Jan 15 Jul 15 Jan 16 Jul 16 Dealing frequency: Investment Manager: Daily Brooks Macdonald Funds Limited Yield**: 0.40% NISA/SIPP eligible: Yes * Ongoing charge represents the direct costs of running a fund, which are deducted from the assets of the fund and provide a figure that makes the cost of investing across different funds easily comparable. The annual management charge is included in the ongoing charge. ** The above historic yield is after the deduction of charges, which are taken from income. The information presented in this factsheet, including charges and performance, is for Sterling Class A Shares. Other share classes may be available. 12-month performance July-July 2015-2016 2014-2015 2013-2014 2012-2013 Fund (%) 2.61 11.00 n/a n/a n/a IA Flexible Investment (%) 6.30 7.92 n/a n/a n/a Difference (%) -3.69 3.08 n/a n/a n/a Cumulative performance to 31.07.16 Fund (%) 2011-2012 IA Flexible Investment (%) 3 months 5.27 8.03 6 months 8.07 11.85 1 year 2.61 6.30 2 years 13.90 14.71 Since inception 12.73 16.14 Source: Financial Express Analytics, total return, net of all ongoing charges, bid-to-bid in Sterling as at 01.08.16. Past performance is not a guide to future performance. Contact us T 02074085511 E funds@brooksmacdonald.com www.brooksmacdonald.com
Strategic Growth Fund Top ten holdings Fund % of fund Fidelity US Index Tracker Fund 7.16 Findlay Park US Fund 6.29 Schroder Asian Total Return Fund 5.89 Baillie Gifford Emerging Markets Growth Fund 5.23 Fundsmith Equity Fund 5.01 Artemis European Opportunities Fund 4.62 Majedie UK Equity Income Fund 4.61 Liontrust Special Situations Fund 4.37 JO Hambro Continental Europe Fund 4.37 Trojan Income Fund 4.18 Total 51.73 Sector breakdown UK equity US equity International equity Japan / Far East equity European equity Hedge / Alternatives Cash 5.60 8.98 9.87 16.76 15.92 14.28 28.58 0% 5% 10% 15% 20% 25% 30% 35% Important information All data provided by Brooks Macdonald, unless otherwise stated, as at 31.07.16. The information presented in this factsheet, including charges, is for Sterling Class A Shares and may differ for other share classes. Investment markets and conditions can change rapidly and as such the views expressed should not be taken as statements of fact, nor should reliance be placed on these views when making investment decisions. Prices will fluctuate and you may not get back your original investment. Past performance is not a guide to future performance. Changes in rates of exchange may have an adverse effect on the value of an investment. Changes in interest rates may impact the value of fixed interest investments within the fund. The value of your investment may be impacted if the issuers of underlying fixed interest holdings default, or market perception of their credit risk changes. There are additional risks associated with investments in emerging or developing markets. FinaMetrica Pty Ltd. Risk tolerance scores were mapped to the funds strategic asset allocations as at 31.03.16. The mappings are only for use by financial advisers licensed to use FinaMetrica s risk profiling system and do not constitute financial advice. Financial advisers must satisfy themselves that the funds current asset allocations reflect the risk/return expectations of the funds when mapped. Brooks Macdonald does pay FinaMetrica for the mappings in the table however these mappings are calculated independently by FinaMetrica. The risk ratings set out in this document have been prepared by Distribution Technology Limited ( DT ) and are based on analyses conducted by DT in June 2016. This document is for information purposes only and should not be reproduced, copied or made available to others. It should neither be construed as a solicitation or an offer to purchase or sell investments or related financial instruments nor does it constitute advice or a recommendation and you should not make any investment decisions on the basis of it. This document has no regard for the specific investment objectives, financial situation or needs of any person or specific entity and contains only brief information on the fund. If you do not understand any part of the document or you require guidance please contact your professional adviser. Investment Fund Services Limited (IFSL) is the Authorised Corporate Director of the IFSL Brooks Macdonald Fund. IFSL is registered in England No. 06110770 and is authorised and regulated by the Financial Conduct Authority. Registered office: Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP. Copies of the Prospectus and Key Investor Information Documents are available from www.ifslfunds.com or can be requested as a paper copy by calling 0808 178 9321 or writing to IFSL, Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP. Brooks Macdonald is a trading name of Brooks Macdonald Group plc used by various companies in the Brooks Macdonald group of companies. Brooks Macdonald Funds Limited is authorised and regulated by the Financial Conduct Authority in the United Kingdom. Registered in England No. 5730097. Registered Office: 72 Welbeck Street, London W1G 0AY. The fund referred to in this document may not be authorised or regulated by the local regulator in your jurisdiction. More information about the Brooks Macdonald Group can be found at www.brooksmacdonald.com. BMF/2440.32/AUG16
Balanced Fund Data as at 31.07.16 Fund facts Fund Managers: Alignment to risk profiling tools: Jonathan Webster-Smith Mark Shields Jim Mackie Fund overview The fund is actively managed and invests primarily in a variety of collective investment schemes that include significant UK and international equity exposure. The fund aims to provide investors with a combination of income and capital growth over the long term. The fund invests in a diversified mix of asset classes, and in addition to its significant equity exposure it can also invest in fixed income securities, alternative investments, transferable securities, money market instruments, exchange-traded funds, cash and cash deposits. Launch date: 20.12.04 Fund size: 64.85m Number of holdings: 23 The Brooks Macdonald Balanced Fund provides access to the discretionary management expertise and proven central investment process of Brooks Macdonald Group. Performance Share types available: Accumulation Performance vs IA Mixed Investment 40-85% Shares Currencies available: Base currency: Initial charge: GBP, EUR, USD, SGD GBP Nil 50 40 0 Axis Brooks Macdonald Balanced Fund IA Mixed Investment 40-85% Shares Ongoing charge*: 1.39% Annual management charge: 0.50% Minimum investment: 1,000 30 20 10 ISIN: SEDOL: Structure: Dealing frequency: GB00B054QF32 B054QF3 Sub-fund of IFSL Brooks Macdonald OEIC Daily 0-10 Jul 11 Jan 12 Jul 12 Jan 13 Jul 13 Jan 14 Jul 14 Jan 15 Jul 15 Jan 16 Jul 16 Investment Manager: Brooks Macdonald Funds Limited Yield**: 0.90% NISA/SIPP eligible: Yes * Ongoing charge represents the direct costs of running a fund, which are deducted from the assets of the fund and provide a figure that makes the cost of investing across different funds easily comparable. The annual management charge is included in the ongoing charge. ** The above historic yield is after the deduction of charges, which are taken from income. The information presented in this factsheet, including charges and performance, is for Sterling Class A Shares. Other share classes may be available. 12-month performance July-July 2015-2016 2014-2015 2013-2014 2012-2013 Fund (%) 3.37 8.65 2.40 16.15 0.58 2011-2012 IA Mixed Investment 40-85% Shares (%) 6.45 8.17 2.92 17.36-0.59 Difference (%) -3.08 0.48-0.52-1.21 1.17 Cumulative performance to 31.07.16 Fund (%) IA Mixed Investment 40-85% Shares (%) 1 year 3.37 6.45 2 years 12.32 15.15 3 years 15.02 18.50 5 years 34.36 38.26 Since inception 33.60 36.48 Contact us T 02074085511 E funds@brooksmacdonald.com www.brooksmacdonald.com Source: Financial Express Analytics, total return, net of all ongoing charges, bid-to-bid in Sterling as at 01.08.16. Past performance is not a guide to future performance. Please note: on 01.07.11, following a shareholder vote, the fund changed its name and investment objective. In the cumulative performance table, since inception means since 01.07.11.
Balanced Fund Top ten holdings Sector breakdown Fund % of fund Fidelity US Index Tracker Fund 8.04 Schroder Asian Total Return Fund 6.25 Fundsmith Equity Fund 6.04 Findlay Park US Fund 5.94 ishares Emerging Markets ETF 5.36 Vanguard FTSE All Share Tracker Unit Trust 4.96 IFSL BM Defensive Capital Fund 4.84 Standard Life Global Smaller Companies Fund 4.57 Polar Capital Heathcare Opportunities Fund 4.52 Liontrust Special Situations Fund 4.06 Total 54.58 UK equity International equity US equity Japan / Far East equity UK fixed interest Hedge / Alternatives International fixed interest Structured return European equity Property Cash 6.43 5.55 5.41 4.84 3.74 3.33 5.88 11.60 15.13 13.98 24.11 0% 5% 10% 15% 20% 25% 30% Important information All data provided by Brooks Macdonald, unless otherwise stated, as at 31.07.16. The information presented in this factsheet, including charges and performance, is for Sterling Class A Shares and may differ for other share classes. Investment markets and conditions can change rapidly and as such the views expressed should not be taken as statements of fact, nor should reliance be placed on these views when making investment decisions. Prices will fluctuate and you may not get back your original investment. Past performance is not a guide to future performance. Changes in rates of exchange may have an adverse effect on the value of an investment. Changes in interest rates may impact the value of fixed interest investments within the fund. The value of your investment may be impacted if the issuers of underlying fixed interest holdings default, or market perception of their credit risk changes. There are additional risks associated with investments in emerging or developing markets. FinaMetrica Pty Ltd. Risk tolerance scores were mapped to the funds strategic asset allocations as at 31.03.16. The mappings are only for use by financial advisers licensed to use FinaMetrica s risk profiling system and do not constitute financial advice. Financial advisers must satisfy themselves that the funds current asset allocations reflect the risk/return expectations of the funds when mapped. Brooks Macdonald does pay FinaMetrica for the mappings in the table however these mappings are calculated independently by FinaMetrica. The risk ratings set out in this document have been prepared by Distribution Technology Limited ( DT ) and are based on analyses conducted by DT in June 2016. This document is for information purposes only and should not be reproduced, copied or made available to others. It should neither be construed as a solicitation or an offer to purchase or sell investments or related financial instruments nor does it constitute advice or a recommendation and you should not make any investment decisions on the basis of it. This document has no regard for the specific investment objectives, financial situation or needs of any person or specific entity and contains only brief information on the fund. If you do not understand any part of the document or you require guidance please contact your professional adviser. Investment Fund Services Limited (IFSL) is the Authorised Corporate Director of the IFSL Brooks Macdonald Fund. IFSL is registered in England No. 06110770 and is authorised and regulated by the Financial Conduct Authority. Registered office: Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP. Copies of the Prospectus and Key Investor Information Documents are available from www.ifslfunds.com or can be requested as a paper copy by calling 0808 178 9321 or writing to IFSL, Marlborough House, 59 Chorley New Road, Bolton, BL1 4QP. Brooks Macdonald is a trading name of Brooks Macdonald Group plc used by various companies in the Brooks Macdonald group of companies. Brooks Macdonald Funds Limited is authorised and regulated by the Financial Conduct Authority in the United Kingdom. Registered in England No. 5730097. Registered Office: 72 Welbeck Street, London W1G 0AY. The fund referred to in this document may not be authorised or regulated by the local regulator in your jurisdiction. More information about the Brooks Macdonald Group can be found at www.brooksmacdonald.com. BMF/2358.41/AUG16