Coutts Actively Managed US Eq Fd C GBP Dist

Fund objective

The Fund aims to achieve a total return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests at least 80% of its total assets in the equity securities (e.g. shares) of companies incorporated in, listed in, or the main business of which is in, the US and instruments related to such equity securities, including financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets). The Fund may also invest in other equities and equity-related securities, deposits and cash.Notwithstanding the foregoing, the Fund may hold a significant proportion of its assets in money market funds, money market instruments (i.e. debt securities with short term maturities), deposits and cash for an initial period of at most one month from the date of launch of the Fund. The investment manager (IM) will take into account certain environmental, social and governance (ESG) related characteristics when determining whether an investment is appropriate for the Fund (although ESG is not the sole consideration). The IM will do this by seeking to limit and/or exclude direct investment in corporate issuers which, in the opinion of the IM, have exposure to, or other ties with, certain activities including but not limited to the manufacture and sale of certain types of controversial weapons, the manufacture and assembly of nuclear weapons and the exploration, extraction and/or generation of power from certain types of fossil fuels. Such activities are set out in full at https://www.blackrock.com/uk/individual/literature/prospectus/blackrock-solutions-funds-icav-esg-policy-emea-gben.pdf The Fund may obtain indirect exposure (e.g. through FDIs)) to securities considered not to satisfy these ESG criteria. The Fund is actively managed. The IM has discretion to select the Fund’s investments. In doing so, the IM will refer to the MSCI USA ESG Screened Select Index (the Index) when constructing the Fund’s portfolio, and also for risk management purposes to ensure that the active risk (i.e. degree of deviation from the Index) taken by the Fund remains appropriate given the Fund’s investment objective and policy. .The MSCI USA Index (Parent Index) measures the performance of large and mid capitalization stocks of the US equity market. The Index aims to reflect a sub-set of equity securities within the Parent Index which remain after the index provider has excluded securities using pre-defined ESG screens, as disclosed in the prospectus. The IM is not bound to the components or weighting of the Index when selecting investments. The IM may also use its discretion to invest in securities not included in the Index in order to take advantage of specific investment opportunities. However, the geographical scope of the investment objective and policy may have the effect of limiting the extent to which the portfolio holdings will deviate from the Index. The Fund is designed to provide investors with a relative gross return in excess of the Index by typically taking a moderate level of active risk in order to seek a commensurate return with respect to management fees over the medium term (i.e. 3 years or more). The Index should be used by investors to compare the performance of the Fund The IM may use FDIs to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income. The Fund may, via FDIs, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets). Recommendation: This Fund may not be appropriate for short-term investment. Your shares will be distributing shares (i.e. dividend income will be paid on the shares quarterly based on the income received on the Fund’s assets). The Fund’s base currency is US Dollar. Shares for this class are bought and sold in Sterling. The performance of your shares may be affected by this currency difference. You can buy and sell your shares daily. The minimum initial investment for this share class is £200,000,000. For more information on the Fund, share/unit classes, risks and charges, please see the Fund's prospectus, available on the product pages at www.blackrock.com