Most Popular Funds Quarter 3, 2015

Most Popular Funds Quarter 3, 2015

Most Popular Funds Quarter 3, 2015 Please find below the Top 5 overall GW funds as at 30/09/2015. To find out more information about each of these funds, simply click on the fund name. GW Top 5 Overall Funds as at 30/09/2015* 1. GW International Equity 2. GW JPMorgan European Equity 3. GW JPMorgan Global Balanced 4. GW US Dollar Reserve 5. GW Sterling Reserve GW Top 5 Overall Funds this year to 30/09/2015^ 1. GW US Dollar Reserve 2. GW ishares S&P 500 3. GW Sterling Reserve 4. GW Multi Asset Pension Strategic 5. GW Global Strategic Bond * Please note that these statistics are based on the value, on the given date of Generali Worldwide s net investment into the funds on behalf of investors and not fund performance. ^ Please note that these statistics are based on fund popularity for the year to date period and not fund performance. The calculation is based on the net cash flow into these funds. It is important to note that this document is in no way presenting a recommendation of these funds or suggesting that one fund is better than another fund. Generali Worldwide does not provide investment advice based on individual circumstances. Investment decisions are the responsibility of the investor and any choice of Investments is entirely at their own risk.

Deposit GW International Administration Equity Fund Risk Rating JPMorgan USD Equity Fund Global 0.75% MSCI World CR USD To achieve a total rate of return in excess of the global equity markets with a research-driven equity portfolio, operating within a structured and riskcontrolled framework. The fund offers the opportunity to capture the high returns on offer across equity markets worldwide, while controlling risk by diversifying globally by sector. The investment process focuses on bottom up stock selection within each industry / sector globally based on fundamental research. This approach leverages an extensive research network to identify the most attractively priced securities on a global sector basis. The regional or country allocation of the strategy is therefore a result of the stock-selection process. The most distinctive element in our stock selection process is our commitment to proprietary fundamental research, which is the primary driving force behind the value we add. Currency exposure is managed on a passive basis and hedged back to the benchmark weightings. The fund is managed by JPMorgan s London and New York based portfolio management team, led by Jeroen Huysinga. The team is comprised of 5 portfolio managers who, on average, have 17 years of investment experience. The fund managers work in partnership with 58 research analysts who are based in London, New York, Tokyo, and Singapore. November 1991 Generali Worldwide International Equity is a US dollar denominated life fund established under Guernsey Law. The fund is valued and priced weekly, with the prices being calculated in three currencies US Dollar, Sterling and Euro.

Deposit GW JPMorgan Administration European Equity Fund Risk Rating JPMorgan EUR Equity Fund Europe 0.65% MSCI Europe NR EUR 01 July 1996 To achieve a return in excess of the European equity markets by investing in European companies. At least 67% of the Fund s total assets (excluding cash and cash equivalents) will be invested in equity linked securities of companies that are incorporated under the laws of, and have their registered office in, a European country, or that derive the predominant part of their economic activity from Europe, even if listed elsewhere. Equity exposure may be achieved through investment in shares, depository receipts, warrants and other participation rights. Subject to foregoing, equity exposure may also be achieved, to a limited extent through investment in convertible securities, index and participation notes and equity linked notes. Fixed and floating rate debt securities, cash and cash equivalents may be held on an ancillary basis. The Fund may also invest in UCITS and other UCIs. The Fund may invest in assets denominated in any currency and currency exposure in this Fund may be hedged or may be managed by reference to its benchmark. The Fund may invest in financial derivative instruments for hedging purposes and for efficient portfolio management. Techniques and instruments relating to transferable securities and money market instruments (including, but not limited to, securities lending or repurchase agreements) may be used for the purpose of efficient portfolio management. JPMorgan Asset Management is a global leader in investment and wealth management. The company operates across various regions including the Americas, EMEA (Europe, Middle East and Africa), and Asia. With staff of 19,431* they have a presence in 34 countries worldwide. Their 746* investment professionals are mainly based in the five major investment management hubs at London, Hong Kong, Tokyo, New York and Columbus. They have assets under management of $1,380,885 million*. *All as at 30th September 2012. The JPMorgan European Select Equity is a euro denominated fund established under Luxembourg law and registered as a SICAV. The GW JPMorgan European Equity is a separate fund established by Generali Worldwide, governed under Guernsey Law. It invests exclusively in the European Select Equity Fund with no initial charge. Generali Worldwide levies no additional charges over this fund. The GW fund is valued and priced weekly, with the prices being calculated in three currencies euro, US dollar and sterling.

Deposit GW JPMorgan Administration Global Balanced Fund Risk Rating JPMorgan EUR Equity / Bond mix Predominantly USA, Japan and Europe 0.75% 50% - BarCap Euro-Agg. 50% - FTSE World 50% July 1996 To provide long-term capital growth, by investing primarily in equities and investment high grade debt issued by government and companies. JPMorgan believes that, by undertaking fundamental research into economic, market, industrial and corporate factors, the fair value of financial assets can be established and that over time, the market price of a security should move towards its fair value. As a result, they will consider buying a security when its price is low relative to its fair value and selling when its price is relatively high. The fund will invest between 30% and 60% of its net assets in equities and the remainder of the fund s assets in bond and other debt securities. It invests principally (that is normally at least 75% of its net assets) in the major world markets of the US, Japan and Europe. However, the fund may also invest a small percentage of its assets in securities of issuers in emerging countries worldwide. The fund may invest in securities denominated in any currency or in multinational currency units. The investment manager may manage the currency allocation of the fund by using hedging techniques. The fund will seek to maintain an average credit quality in the securities of the fund of at least AA as measured by independent rating agencies such as Moody s Investor Service or Standard and Poor s Corporation. Within this constraint, the fund may invest in unrated securities which are, in the opinion of the investment manager, of comparable quality. JPMorgan Asset Management is a global leader in investment and wealth management. The company operates across various regions including the Americas, EMEA (Europe, Middle East and Africa), and Asia. With staff of 19,431* they have a presence in 34 countries worldwide. Their 746* investment professionals are mainly based in the five major investment management hubs at London, Hong Kong, Tokyo, New York and Columbus. They have assets under management of $1,380,885 million*. *All as at 30th September 2012. The JPMorgan Global Balanced is a euro denominated investment fund established under Luxembourg law and registered as a SICAV. The GW JPMorgan Global Balanced is a separate fund established by Generali Worldwide, governed under Guernsey Law. It invests exclusively in the Global Balanced with no initial fees. Generali Worldwide levies no additional charges over this fund. The GW fund is valued and priced weekly, with the prices being calculated in three currencies euro, US dollar and sterling.

Deposit GW US Administration Dollar Reserve Fund Low Risk Rating Generali Portfolio Management (CI) Limited USD Short Term Bond Fund USA 0.35% The objective of the fund is to maximise total return, including both capital and income, consistent with the preservation of capital whilst maintaining a high degree of liquidity. The Manager will seek to achieve the objective by investing in Bank deposits, Money Market Funds, Commercial Paper, Certificates of Deposit, Government Bonds, Government Agency Bonds, Global Bonds, Eurobonds, Domestic Bonds, Floating rate notes, Asset backed securities and Covered Bonds. The maximum expected maturity for any one investment will be three years from settlement date. The portfolio manager will purchase investments rated at least A-; however in the event of a credit rating downgrade assets rated down to a minimum of BBB- are permitted. LIBOR USD 3 months Low January 1995 Generali Portfolio Management (CI) Limited is 100% owned by Generali Worldwide Insurance Company Limited. They offer bespoke portfolio management services for clients, drawing upon combined investment experience and expertise of the company s executives, the worldwide investment resources of the Generali Group and investment research from outside parties. The Generali Worldwide US Dollar Reserve Fund is denominated in US dollars and is a life fund established under Guernsey law. The fund is valued and priced weekly with the prices being calculated in three currencies US dollar, GBP and euro.

GW Sterling Reserve Low Risk Rating Generali Portfolio Management (CI) Limited The objective of the fund is to maximise total return, including both capital and income, consistent with the preservation of capital whilst maintaining GBP a high degree of liquidity. Short Term Bond Fund The Manager will seek to achieve the objective by investing in Bank deposits, Money Market Funds, Commercial Paper, Certificates of Deposit, Government Bonds, Government Agency Bonds, Global Bonds, Eurobonds, Domestic Bonds, Floating rate UK notes, Asset backed securities and Covered Bonds. The maximum expected maturity for any one investment will be three years from settlement date. The portfolio manager will purchase investments rated at least A-; 0.35% however in the event of a credit rating downgrade assets rated down to a minimum of BBB- are permitted. LIBOR GBP 3 months Generali Portfolio Management (CI) Limited is 100% owned by Generali Worldwide Insurance Company Limited. They offer bespoke portfolio management services for clients, drawing upon combined investment experience and expertise of the Low company s executives, the worldwide investment resources of the Generali Group and investment research from outside parties. July 1996 The Generali Worldwide Sterling Reserve Fund is denominated in sterling and is a life fund established under Guernsey law. The fund is valued and priced weekly with the prices being calculated in three currencies US dollar, GBP and euro.

GW ishares S&P 500 Risk Rating BlackRock USD ishares S&P 500 UCITS ETF is an exchange traded fund (ETF) that aims to track the performance of the S&P 500 Net Total Return Index as closely as possible. Equity The ETF invests in physical index securities. The S&P 500 offers exposure to 500 large cap US equity securities which comply with S&P s size, liquidity and weighting US criteria. ishares ETF s are transparent, cost-efficient, liquid vehicles that trade on the stock exchanges like normal securities. They offer flexibility and easy access to a wide range of markets and asset classes. 0.07% The fund is managed by BlackRock who offers a range of solutions from rigorous fundamental and quantitative active management approaches aimed at maximizing S&P 500 outperformance to highly efficient indexing strategies designed to gain broad exposure to the world's capital markets. As of December 31, 2012, BlackRock's assets under management total US$3.79 trillion across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. 23 August 2013 The ishares S&P 500 is a US Dollar denominated exchange traded fund governed under Irish Law. The GW ishares S&P 500 is a separate fund established by Generali Worldwide which invests exclusively in the ishares S&P 500. Generali Worldwide levies no additional charges over this fund.

GW Multi Asset Pension Fund Sterling Strategic Risk Rating Generali Portfolio Management (CI) Limited The fund seeks to optimise a return over the medium to long term which outperforms the benchmark and has lower volatility than the average of GBP funds in the sector. It is predominantly designed for investors who are saving for the long term in a pension arrangement. Multi Asset The Managers, Generali Portfolio Management, will manage the fund in such a way to utilise all asset classes as they determine are best deployed. It is likely that at least 50% of the fund will be in Sterling assets at any time. There is no predetermined limit Global on how much of an asset class can be included but the following is a guide on likely asset allocation. The fund will usually hold: 0.90% p.a. 55% FTSE All Share Index, 45% EFFAS UK 3-7 Year Government Bond index 30% to 80% Equities 10% to 40% Fixed Interest 0% to 20% Commodities 0% to 20% Property 0% to 30% Hedge Fund investments Generali Portfolio Management (CI) Limited is 100% owned by Generali Worldwide Insurance Company Limited. They offer bespoke portfolio management services for clients, drawing upon combined investment experience and expertise of the company s executives, the worldwide investment resources of the Generali Group 30 March 2012 and investment research from outside parties. The GW Multi Asset Pension Fund Sterling Strategic is a Sterling denominated fund which is established as part of the Generali Worldwide long-term life fund based in Guernsey. The GW Multi Asset Pension Fund Sterling Strategic is valued and priced weekly.

GW Global Strategic Bond Risk Rating Generali Portfolio Management (CI) Limited To achieve a stable but attractive rate of return from an actively managed portfolio consisting of Global Government & Corporate fixed interest USD securities combined with the option of utilising absolute return and strategic bond funds. Strategic Bond Fund Through a blend of currency exposure, direct bond holdings, along with absolute return and strategic bond fund holdings the fund aims to outperform the benchmark Global over the medium term. The use of a dynamic strategy as opposed to a benchmark tracking style should result in the fund being well positioned as bond markets move through the economic cycle. 0.75% The returns generated within the fund will be from a combination of both changes in asset prices and currency fluctuations as the manager changes the underlying asset allocation based on their global outlook of bond markets and currencies. The Barclays Multiverse Total Return Value Unhedged USD fund will frequently have international currency exposure on an un-hedged basis. Generali Portfolio Management (CI) Limited is 100% owned by Generali Worldwide Insurance Company Limited. They offer bespoke portfolio management services for clients, drawing upon combined investment experience and expertise of the company s executives, the worldwide investment resources of the Generali Group and investment research from outside parties. GW Fund July 2011 The GW Global Strategic Bond is a US dollar denominated fund of funds which is established as part of the Generali Worldwide long term life fund based in Guernsey. The GW Global Strategic Bond fund is valued and priced weekly. In addition to US dollars the fund will also be priced in Euros and Sterling on an un-hedged basis.

Generali Worldwide Insurance Company Limited Registered Office address: Generali House, Hirzel Street, St Peter Port, Guernsey,Channel Islands GY1 4PA Company Registration No. 27151 Tel: +44 (0)1481 715400 Fax: +44 (0)1481 715390 E-mail: GWInvestmentCustomerService@generali-guernsey.com Licensed Insurer under the Insurance Business (Bailiwick of Guernsey) Law, 2002 (as amended) and regulated by the Guernsey Financial Services Commission. Generali Worldwide Insurance Company Limited is part of the Generali Group, listed in the Italian Insurance Group Register under number 026. www.generali-gw.com