The Argo Fund F INC GBP

TM Stonehage Fleming Global Eqs Fd II builds its portfolio by investing primarily in a wide variety of regulated equity funds from the UK and international markets, including significant allocations to UK stocks, U.S. equities, Europe excluding the UK, the Far East, and emerging markets. The fund also uses derivatives to manage its equity investments and includes shares in collective investment schemes managed by the fund’s managers or their associates. This diverse global approach is designed to achieve capital growth and generate some income for investors.