IMPORTANT:
• The Fund's investments in equities could incur significant losses due to higher fluctuation of equity values. The Fund's income-oriented investment strategy which seeks to preserve capital growth may reduce its future income potential. The Fund invests primarily in US listed technology-related companies. The Fund may result in greater volatility than a more diverse portfolio of investments.
• The Fund’s investments in new and emerging technology sector may be affected by technological and regulatory developments. This may involve increased risks such as cyber security risks, dependent risks on technologies that may rapidly fall into obsolescence, loss or impairment of intellectual property rights and/or licenses, and unpredictable changes in growth rates and competition. The Fund uses proprietary models that incorporate quantitative analysis to pursue its investment objective, but there is no guarantee that these models will perform as forecasted and result in effective investment decisions for the Fund. Third party data and historical data may be inaccurate or incomplete and limit the effectiveness of the models.
• The Fund is subject to currency risk and currency conversion risk including Renminbi denominated classes.
• Class 6 Shares pay dividends gross of expenses and/or from capital at the Directors’ discretion. Negative interest rate differentials may decrease the dividends paid. Paying dividends gross of expenses may result in more income being available for distribution; however these shares may effectively pay dividends from capital – may amount to a partial return or withdrawal of an investor’s original investment or capital gains. All declared dividends result in an immediate reduction in the NAV price of the share class on the ex-dividend date.
• The Fund may use derivatives for hedging and for investment purposes. However, usage for investment purposes will not be extensive. The Fund may suffer losses from its derivatives usage. Investment in covered call options may limit potential gains on the underlying assets, which may adversely affect the Fund’s value.
• The value of the Fund can be volatile and can go down substantially within a short period of time. It is possible that a certain amount of your investment could be lost.
• Investors should not make investment decisions based on this document alone. Investors should refer to the Prospectus and Key Facts Statement for details including risk factors.