TT Asia ex China Equity Fund Class E3 GBP Accumulation

The investment objective of the Fund is to produce long-term capital growth. The Fund invests in a diversified portfolio of primarily equity and equityrelated securities such as depository receipts, American depository receipts, global depository receipts, single and index stock participation notes, other securities having equities as underlying instrument (i.e. convertible bonds) and warrants which are or for which the underlying securities: (i) are listed or traded on the MSCI Emerging Markets Asia ex China 10/40 (Gross Total Return) (the “Benchmark Index”); (ii) are listed on a Market (as defined in the Prospectus) and (a) has its registered office or domicile located in countries listed in the Benchmark Index; or (b) does not have its registered office or domicile located in countries listed in the Benchmark Index but carry out a predominant proportion of their business activity from countries located in the Index. Up to 20% of the Net Asset Value of the Fund may be invested in nonIndex securities, which may include: (a) equity securities listed or traded on any stock exchange in Asia (including China and Japan); (b) equity securities on a recognised global exchange where the issuer in question derives more than 50% of its assets, sales or profits from countries within the Index; or (c) equity securities on a recognised global exchange where the issuer in question employs more than 50%. of its workforce in, and derives more than 50% of its gross employment costs from operations within, countries within the Benchmark Index. The Fund may also invest up to 10% in non-investment grade debt securities of corporate and government issuers worldwide. Noninvestment grade debt securities are debt securities that are rated BB+ or lower by a rating agency, or are unrated but determined by TT International Asset Management Ltd (the “Investment Manager”) to be of comparable quality. The Benchmark Index captures large and mid-cap representation across seven of the eight emerging market countries in Asia, excluding China, while adhering to the single issuer exposure limits set out in the UCITS Regulations. The Fund may buy options, such as options on futures, options on equity indices, ETFs and stock options, up to a value of 10% of its Net Asset Value. The Fund may participate in initial public offerings of the equity and equity-related securities listed above. Up to 10% of the Net Asset Value of the Fund may be invested in openended collective investment schemes. The Fund may use certain financial derivatives instruments (“FDI”) for hedging, investment and efficient portfolio management purposes. The performance of the Fund may be strongly influenced by movements in foreign exchange rates. The Fund is actively managed. It may use the Benchmark Index to assist in selecting securities as outlined above, as a target to outperform and/or for future performance comparison purposes in marketing literature. The Investment Manager may make discretionary choices when deciding which investments should be held by the Fund, subject to the Fund’s investment objective, policy and restrictions. You may buy and sell shares on any day on which banks are open for business in Dublin and London. The Class A3 Shares are an accumulation share class and the net income attributable to the shares shall be retained within the Fund and the value of the shares shall rise accordingly. For full Investment objective and policy details, as well as investment restriction details, please refer to the “Investment Objective and Policies” section of the Fund’s Supplement and the “Investment Restrictions” section of the Prospectus.