Premier Miton (Ireland) US Opportunities Fund Class F USD Accumulation

The investment objective of the Fund is to provide capital growth over the long-term. Investment Policy The Fund invests in equity and equity related securities which are, or for which the underlying securities are, issued in respect of North American companies across all industry sectors. The Investment Manager considers North American companies to be those whose shares are listed, quoted or traded on a recognised stock exchange in the United States of America or Canada. The Fund may also invest in debt securities from North America, such as bonds and convertible bonds (bonds that can convert into company shares) issued by companies, where doing so is complimentary to the Fund's investment objective and equity investment strategy. The Fund may acquire debt securities where such securities are issued to the equity holders of a company invested in by the Fund. The Fund may also invest directly in convertible bonds where the bond provides more attractive exposure to a company than an equity investment. The Fund may also invest in debt securities from North America issued by governments, deposits, cash and cash equivalents for liquidity management purposes. Each of the debt securities listed above will be listed or traded on a Market (as defined in the Prospectus), save that the Fund may invest up to 10% of its Net Asset Value in unlisted securities. The Fund may also invest up to 10% in collective investment schemes (including exchange-traded funds), including those managed or operated by the Investment Manager and its affiliates. Such collective investment schemes may be regulated or unregulated and may be domiciled in North America or Europe (including the UK). Benchmark The Fund is actively managed and is managed in reference to the S&P 500 index. Subscription and Redemption Investors may sell shares on demand on a daily basis (but not on weekends or bank holidays in Ireland or UK). Orders received after 12pm are dealt on the next dealing day. Income Your shares do not pay income, but instead the Sub-Fund reinvests such income to grow your capital. Fund Currency The base currency of the Fund is USD. Investment Horizon Investment in the Fund may be suitable for investors with a long term horizon.