Fisher Investments Institutional Global Small Cap Equity Selection Fund - F USD ACC Fonds

The investment objective of this actively managed Fund is to outperform the MSCI World Small Cap Index (the 'Benchmark') by investing primarily in developed markets. There is no guarantee the investment objective will be achieved. The Fund is actively managed by the Investment Manager, meaning that investment decisions are made on a fully discretionary basis. Accordingly, the portfolio holdings may deviate from the Benchmark. This deviation may be significant. The Fund invests: Primarily in equities and equity-related securities of, or linked to, small market capitalisation companies that are included in the country indices represented within the Benchmark. Up to 30% of its total assets in equities and equity-related securities of small market capitalisation companies located in countries not represented within the Benchmark. Up to 10% of its total assets in unlisted equities. While the Fund will invest primarily in equities and equity-related securities, the Fund may for liquidity, hedging and/or cash management purposes, in circumstances of extreme volatility or if market factors require and if considered appropriate to the investment objective, invest on a short term basis in cash, cash equivalents, money market instruments or government or corporate bonds. The Fund promotes environmental and social characteristics. This includes, but is not limited to, the Investment Manager seeking to have at least 5% of the Fund's portfolio composed of sustainable investments, and the Investment Manager applying a comprehensive set of exclusionary screens to prevent the Fund from investing in companies that do not meet the Investment Manager's minimum environmental, social and governance criteria.