Objectives and Approach

The Fund seeks to achieve growth of your investment by investing mainly in shares (equity) and similar securities issued by high quality companies listed on the stock exchanges of countries within the Organisation for Economic Cooperation and Development (OECD) and, in particular, the U.S. and Western European OECD countries. The Fund will seek to invest in large, successful companies with proven track records and high predictability of future earnings growth. Such companies generally will have most or all of the following characteristics: (i) multinational businesses including exposure to the fast growing economies of the world; (ii) steady, non-cyclical demand for their products or services; (iii) unbroken earnings growth records over the last ten years; (iv) global branded products or services often sought after by developing market consumers; (v) the potential for long term consistent earnings growth; (vi) high returns on equity reflecting a technological advantage over their competitors or the uniqueness of their products or services; (vii) dynamic management; and (viii) internal resources sufficient to finance their global development and maintain their competitive position. The Fund will not concentrate its investments in any one industry sector or country. The Fund is actively managed and the MSCI World TR Index is the benchmark index against which the Fund’s performance is compared. There can be no guarantee that the Fund’s performance will match or exceed the performance of the benchmark index. While a proportion of the Fund’s assets may be components of (and have similar weightings to the index), the Investment Manager may use its discretion to invest a significant proportion of the Fund in assets which are not included in the benchmark index or with weightings different to that of the benchmark index. The Fund promotes a combination of environmental and social characteristics amongst others (and as such discloses information in accordance with Article 8 SFDR) and invests in companies with good governance practices. The Fund does not have sustainable investment as its objective. You may redeem your shares on any working day on which retail banks are open for business in Dublin (“Business Day”) by submitting your request to the administrator by 12.00 p.m. (Irish time) on the Business Day before a Dealing Day on which you wish to redeem. The Fund may declare dividends. If a dividend is declared, it will normally be paid by electronic transfer in March following the end of the prior financial year on 31 December.