Ninety One Global Strategy Fund - Investment Grade Corporate Bond Fund A Acc USD

The Fund aims to provide a high level of income with the opportunity for long-term capital growth. The Fund invests around the world in a diverse range of bonds (contracts to repay borrowed money which typically pay fixed or variable interest at fixed intervals) issued by governments, institutions and companies. Careful attention is paid to the quality and marketability of the investments held by the Fund although the Fund may also invest in bonds rated as below investment grade by the credit rating agencies (companies that rate the ability of the issuers of bonds to repay borrowed money). Investments in below investment grade bonds will still be subject to minimum rating requirements. The Fund may invest in other assets such as cash, other funds (which may be managed by the Investment Manager, other companies in the same group as the Investment Manager or a third party) and derivatives. Derivatives (financial contracts whose value is linked to the price of an underlying asset) may be used for investment purposes (i.e. in order to achieve the Fund's investment objectives) or 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 aims to align returns in this currency share class with those achieved in the currency that the Fund’s investments are valued in. 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 BofAML Global Broad Market Corporate Hedged 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 rather than being paid out. 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.