Ecofin Sustainable Global Water UCITS Fund D GBP Acc

The investment objective of the Fund is to seek long-term total return. The investment process emphasizes a comprehensive focus on the entire global water value chain as the Sub-Investment Manager believes that all segments are interrelated and dependent upon one another. Global water companies are defined to include the following: Water utilities Engineering and construction Agriculture equipment and services Pipes, pumps and valves Filtration, treatment and testing The Fund is categorised as an Article 8 product for the purposes of Sustainable Finance Disclosure Regulation (“SFDR”), meaning it promotes environmental and/or social characteristics. The Sub-Investment Manager aligns the segments of the water value chain with certain of the Sub-Investment Manager’s Sustainable Investment Themes. Specifically this fund invests across three Sustainable Investment Themes, “Improving Water Infrastructure”, “Technology and Process Innovations”, or “Environmental”. Generally, at least 70% of the Fund’s net assets will be invested in global companies that derive a majority of their business (i.e. more than 50%) from segments of the water value chain. The remaining 30% of the Fund’s net assets will be invested in companies that derive a portion of their businessfrom segments of the water value chain; generallythese companies are market leaders in the segment of the water value chain in which they operate. The Fund may invest up to 20% of its net assets in cash and cash-equivalents such as high-quality, short-term debt securities (issuances with less than 12 months to maturity), including treasury bills, corporate commercial paper and bank certificates of deposit (i) for temporary defensive purposes in response to adverse market, economic or political conditions and (ii) to retain flexibility in meeting redemptions, paying expenses, and identifying and assessing investment opportunities. The Fund is actively managed which means that the Sub-Investment Manager has discretion over the composition of the Fund’s portfolio, subject to the Fund’s investment objective and policy. The Fund uses the S&P Global Water (EUR) Net Total Return Index & S&P Global Infrastructure (EUR) Net Total Return Index for comparison purposes in reporting performance to Shareholders The Fund’s assets will be primarily invested in listed equities of companies located mainly in North America, Asia-Pacific and Europe that design, build, own and operate water and environmental infrastructure, as well as companies that provide technology, equipment and services to transport, treat and test water and advance environmental protection and remediation. These companies are essential in connecting water supply with areas of demand, solving water scarcity and quality issues to improve health, human saftety and environment. The investment strategy also emphasizes the use of technology in the water sector, which presents higher growth opportunities than traditional water infrastructure as the industry is transforming via innovative solutions. You can buy & sell shares on every day excluding bank holidays in Dublin, London, New York, China and Japan including the business day immediately prior to each of the Chinese New Year, Chinese National Day, Japanese Showa Day, Japanese Constitution Day and Silver Week in 2026) Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years. For full investment objective and policy information please refer to the prospectus.