Quoniam Global Equities Enhanced Fund - I EUR ACC Fonds

The Fund is actively managed. The Fund seeks to achieve long-term returns above those of the MSCI World Index Total Return Net ('MSCI World Index') by actively investing in a portfolio of global companies. The Fund will invest predominantly in equities included in a Recognised Market and admitted for official trading within and outside the EEA. The Fund will also be permitted to invest in Money Market Instruments, cash deposits, cash or cash equivalents and other ancillary liquid assets with no specific geographical focus or spread for cash management and ancillary purposes only in accordance with the requirements of the UCITS Regulations. Up to 10% of the Net Asset Value of the Fund may be invested in Collective Investment Schemes (including EU domiciled exchange-traded funds and those managed by the Investment Manager). The investment policy of such Collective Investment Schemes will be consistent with the investment policy of the Fund. The Fund is actively managed with reference to the MSCI World Index Total Return Net (GBP) as a performance measure. The Investment Manager is not constrained by reference to the MSCI World Index Total Return Net (GBP) and has broad discretion to deviate from its constituents, weightings and risk characteristics within the Fund's objective and investment policy.