Barings Hong Kong China Fund Class I USD Acc

Objective: To achieve long-term capital growth in the value of assets by investing in Hong Kong, China and Taiwan. Investment Policy: The Fund will seek to achieve its investment objective by investing at least 70% of its Net Asset Value at any one time, either directly in equities or through equity-related securities (including depositary receipts) of issuers (i) incorporated, or(ii) exercising the predominant part of their economic activity, or (iii) quoted or traded on the stock exchanges in markets in Hong Kong or China. The Fund will invest at least 50% of the Fund’s Net Asset Value in equities of issuers that exhibit positive or improving ESG characteristics. Further detail of the Investment Manager’s, Public Equity: ESG Integration & Active Engagement Policy for equity Funds including the Fund is available on the Manager's website at www.barings.com The Fund may use derivative instruments for both investment and hedging purposes. The return on a derivative is linked to movements in an underlying instrument referenced by the derivative such as currency or interest rates. The base currency of the Fund is USD. Distribution Policy: N/A -Income will be rolled up into the value of your investment. Dealing Frequency: Daily. Investors can buy and sell their Units on demand on each Business Day (as defined in the Prospectus). Benchmark: MSCI China 10/40 (Total Net Return) Index. The Fund is actively managed and is not designed to track the Benchmark so its performance may deviate materially from the Benchmark. The investment manager has complete discretion in making investments and is not constrained by the Benchmark. The Fund may invest significantly in instruments which are not included in the Benchmark. The Benchmark is used only for risk management and performance comparison purposes. The investment manager may consider, for example, issuer exposures, sector weights, country weights and tracking error in each case relative to the Benchmark but does not use the Benchmark as an investment limitation. For further details please refer to the Prospectus and Supplement.