Ninety One Global Strategy Fund - Global Dynamic Fund ZX Inc USD

The Fund aims to provide long-term capital growth. The Fund invests primarily in the shares of companies from around the world and is unrestricted in its choice either by size, industry or geography. The Fund may invest up to 20% of its value in mainland China, including companies traded on Stock Connect (a share trading link between the Hong Kong Stock Exchange and China's mainland markets). The Fund may invest in other assets and may hold cash. Derivatives (financial contracts whose value is linked to the price of an underlying asset) may be used for efficient portfolio management purposes e.g. with the aim of either managing the Fund risks or reducing the costs of managing the Fund. The Investment Manager uses a currency hedging strategy (an investment technique which aims to protect the value of an investment against currency movements) that looks-through to the portfolio’s investments and aims to reduce exchange rate risk for investments priced in currencies other than the currency of the share class. The Fund is actively managed. This means the Investment Manager is free to select investments with the aim of achieving the Fund’s objectives. The MSCI AC World Net Return 100% Hedged to EUR Index is used for performance comparison and risk management. The Fund does not seek to replicate the index. It will generally hold assets that are components of the index, but not in the same proportions, and it is allowed to hold assets which are not components of the index. The Fund will therefore generally look different from the index, and the Investment Manager will monitor performance differences. Any income due from your investment is reflected in the value of your shares. You can typically buy or sell shares in the Fund on any business day. Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within 5 years