Fund strategy

To achieve long-term capital growth by investing primarily in equities and equity related securities of companies worldwide. The Fund will use a variety of quantitative techniques based on statistical and numerical analysis, including machine learning whereby an algorithm owned by the Management Company is able to learn from large volumes of data input and make predictions regarding the future performance of stocks. The Investment Manager, which helped to develop the algorithm, will adopt a disciplined and rigorous approach to both stock selection and portfolio construction. The Fund is actively managed. The Fund aims to outperform the MSCI AC World Index (USD) benchmark before charges. The benchmark is also used as a reference point for portfolio construction and as a basis for setting risk constraints. In order to achieve its objective, the Fund will take positions whose weightings diverge from the benchmark or invest in securities which are not included in the benchmark.