Waverton Asia Pacific Fund - I USD ACC Fonds

The Fund aims to achieve growth on your investment and income by investing in the shares of Asia-Pacific companies (excluding Japanese companies). By Asia-Pacific companies, we mean companies established in the AsiaPacific region or carrying on business predominantly in the Asia-Pacific region. The Fund may invest its assets in ordinary shares and preferred shares. A preferred share typically pays dividends at a specified rate and has preference over ordinary shares in the payment of dividends and the liquidation of assets. The Fund may invest up to 25% of its assets in bonds convertible into shares. The Fund may invest up to 10% of its assets in other funds, of which up to 5% of its assets may be invested in funds investing in shares of Asia- Pacific companies. At times, the Fund may also invest in cash and cash-like instruments. The Fund may use instruments whose value is determined by changes in the value of the underlying assets they represent (derivatives). The Fund may do so in order to manage the Fund more efficiently (e.g., reducing risks or costs or generating additional growth or income).