Ecofin Global Renewables Infrastructure UCITS Fund D GBP Accumulated

The investment objective of the Fund is to generate long-term total returns through investment in sustainable initiatives derived from a combination of capital appreciation and income over time. The Fund will invest at least 80% of its total assets in listed equity securities of renewable infrastructure companies, which consist of companies deriving at least 50% of revenues from activities in power generation, transmission, distribution, storage and ancillary or related services (Renewable Infrastructure Universe). Such companies invest in renewable generation or other net-zero carbon and related services, and/or contribute to reducing emissions. These include but are not limited to: Solar;Wind; Hydro-electric; Biomass;Waste-to-energy; Large-scale battery storage assets; Transmission and distribution assets related to delivering electricity, including renewable energy The Renewable Infrastructure Universe is a global investment universe that includes companies mainly based in North America, Europe and Asia-Pacific, but also includes companies in other regions to a lesser extent. Under normal market conditions, the Fund may invest up to 20% of its total assets in securities of companies located in non-developed markets. The Renewable Infrastructure Universe includes a broad range of companies, ranging from small market capitalization companies to large market capitalization companies. The Fund may invest in companies of all market capitalizations. This Fund has been classified as having a sustainable investment objective under Article 9 of the Sustainable Finance Disclosure Regulation (EU) 2019/2088 (‘SFDR’). This means that the Fund has sustainable investment as its objective. The Fund has sustainable investment as its objective. The Manager believes that decarbonizing electric generation has the potential to decarbonize significant portions our economy and contributes substantially to climate change mitigation. The Fund aims to create positive environmental impact by investing in companies that are materially involved in economic activities that are considered climate change mitigation by virtue of their contribution to one or more of the UN Sustainable Development Goals (“SDGs”). Up to 10% of the Fund’s net assets may be comprised of investments in assets of UCITS or other undertakings for collective investment (i.e. alternative investment funds), including UK investment companies. The Fund is actively managed which means that the Sub-Investment Manager has discretion over the composition of the Fund’s portfolio, subject to the Fund’s investment objective and policy. The Fund uses the S&P Global Water (EUR) Net Total Return Index & S&P Global Infrastructure (EUR) Net Total Return Index for comparison purposes in reporting performance to Shareholders. The Sub-Fund does not intend to pay a dividend. You can buy & sell shares on every day excluding bank holidays in Dublin, London, New York, China and Japan Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years. For full investment objective and policy information please refer to the prospectus.