Investment objective of the underlying funds before the Effective Date

Investment objective of the underlying funds with effect from the Effective Date

The Fund aims to provide an income distribution of 5% per annum and capital growth over a three to five year period Note after fees have been deducted by investing in a diversified range of assets and markets worldwide. The Fund aims to provide a volatility (a measure of how much the Fund's returns may vary over a year) of between 5-7% per annum.

The Fund aims to deliver an income of 3-5% per annum and capital growth over a three to five year period Note after fees have been deducted by investing in a diversified range of assets and markets worldwide.