Platinum World Portfolios - Asia Fund Class A USD Accumulating

The Fund aims to provide capital growth over the long-term (generally five to seven years) by investing 50% to 100% of its net asset value (at the time of investment) in undervalued securities of companies in the Asian Region (excluding Japan). Investment Policies B The Fund's investments in securities are limited to securities of companies in Asia (ex Japan), including securities of companies that are listed or traded outside Asia (ex Japan), but whose business is predominantly conducted in or focused on Asia (ex Japan). B The Fund will invest primarily in equity and equity related securities that are listed or traded on regulated markets. B The Fund's portfolio is expected to comprise approximately 25 to 150 securities that the investment manager believes to be undervalued. B When undervalued securities cannot be identified, the Fund may invest in cash, deposits and similar instruments. B The Fund may use financial derivative instruments (instruments that derive their value from other underlying instruments, e.g. futures, options, swaps) to increase returns and/or for the purpose of efficient portfolio management (e.g. to reduce risk exposure). B The Fund may hold indirect short positions through the use of financial derivative instruments (primarily equity swap contracts). B The Fund may be leveraged as a result of using financial derivative instruments (including for indirect short positions), but such leverage will not exceed 100% of its net asset value. B The Fund's currency exposure may be managed through hedging instruments (e.g. foreign exchange forward contracts, swaps, ''non deliverable'' forwards and currency options) and/or cash foreign exchange trades. There is no guarantee that such currency hedging will be successful. B The Fund is actively managed. The Fund does, however, use the MSCI All Country Asia ex-Japan Net Index (the "Benchmark Index") for performance comparison purposes and for the purposes of calculating performance fees payable to the investment manager. The Fund's portfolio of investments is built through a process of individual stock selection by the investment manager without reference to the Benchmark Index or any other benchmark or index, and as such does not take into consideration the components or weightings of the Benchmark Index or any other benchmark or index. Fund Currency The base currency of the Fund is the US Dollar. Distributions The Fund does not propose to declare a distribution in respect of the shares and net income and capital gains arising will be accumulated and reflected in the net asset value per share. Investment Horizon Recommendation: The Fund may not be appropriate for investors who plan to withdraw their money in less than five years.