SVS Brooks Macdonald Blueprint Cautious Growth Class A Accumulation

Objectives and investment policy The Fund aims to deliver capital growth over the long term (at least five years), while providing income, by investing at least 70% in a range of open and closed-ended funds to obtain an exposure to a mix of fixed income securities and shares. The allocation between the fixed income securities and shares in which the Fund invests will vary in response to short term market conditions. However, the investment manager operates a cautious strategy, meaning that the allocation to shares will remain within a 20%-60% range. The underlying equity component of the Fund may include equities of companies from anywhere in the world, in any sector and of any market capitalisation. The underlying fixed income component may include government and corporate bonds issued anywhere in the world. These may be investment grade, sub-investment grade or unrated. The Fund may also invest in: transferable securities (including exchange traded funds, REITs and structured products) other collective investment schemes (which may include schemes managed by the manager or an affiliate of the manager) cash and near cash, deposits and money market instruments The Fund may also gain exposure, via collective investment schemes, to alternative asset classes, such as commodities, hedge fund strategies, infrastructure, property and convertibles. The Fund may use derivatives, including exchange traded and over the counter derivatives, forward transactions and currency hedges for efficient portfolio management. Income shares: Any income the Fund generates will be paid out to you. Accumulation shares: Any income the Fund generates will be reinvested. You can buy and sell shares on any working day in London. The Fund is actively managed, which means that the manager has discretion over the composition of its portfolio, and the Fund is not tracking a benchmark nor is the Fund constrained by the value, price or components of a benchmark or any other aspect. The Fund is also not aiming to match or exceed the return of any benchmark. For full investment objectives and policy details please refer to the prospectus.