Key Investor Information Documents - newellpalmer.co.uk · "GDKLRENQC $RRDW ", 77 $MFK@MC SDKDOGNMD...

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Please note that the charges referred to in the enclosed Key Investor Information Documents do not reflect the preferential terms negotiated on your behalf by your investment provider.

Key Investor Information DocumentsCautious Portfolio

A Key Investor Information Document (KIID) is a document produced

by the Management Company to give investors important information

about a particular fund. The KIID is divided into five sections; Objective

and Investment Policy, Risk and Reward, Charges, Past Performance and

Practical Information and the standard format should allow investors to

compare different funds.

KIIDs have to be produced for all unit trust and open ended investment

company (OEIC) funds. Where appropriate, you will be provided with

the KIIDs before an investment or switch into a relevant fund is made.

Portfolio objectives and suitabilityThe Cautious Portfolio is a selection of funds available via our investment platform.

The aim of the portfolio is to provide capital growth or income, and out perform the

returns of the IA Mixed Investment 20-60% Shares sector in any rolling three-year period.

The portfolio is suitable for investors seeking long-term capital growth by investing in

assets including global stock markets, UK and overseas fixed interest securities, property

and money markets. It is designed to provide a below average level of volatility and

investors should be comfortable with a minimum time frame of five-years.

NP.KIIDS.CAUTIOUS.08.16

Key Investor InformationThis document provides you with key investor information about this fund. It is not marketing material.The information is required by law to help you understand the nature and the risks of investing in thisfund. You are advised to read it so you can make an informed decision about whether to invest.

Man GLG Continental European Growth FundProfessional Accumulation Shares (Class C)(ISIN:GB00B0119487) Man GLG Continental European Growth Fund (the 'Fund') is a sub-fund of Man International ICVC (the 'Company').

Man Fund Management UK Limited, part of Man Group plc, is the Authorised Corporate Director.

Objectives and investment policy1 The Fund seeks above average long term capital growth through

investing, directly or indirectly, primarily in quoted securities comprised ofequities and equity linked securities (securities whose returns aredetermined by the performance of the underlying equities) of companieslisted on European Stock Exchanges.

1 The Fund may invest in money market securities, fixed and floating rategovernment and corporate bonds, bonds convertible into common stock,preferred shares and other fixed income investments. The Fund may alterthe investment exposure created by these securities through the use ofcurrency transactions.

1 Fixed income investments may be issued by any government, companyor international agency.

1 The Fund may use financial derivative instruments (instruments whoseprices are dependent on one or more underlying asset 'FDI') extensivelyfor investment purposes as well as for hedging (the practice ofundertaking one investment activity with the aim of protecting againstloss in another) or other efficient portfolio management purposes.

1 Income earned on investments will be added to the value of investors'shares. Shares can be bought and sold on each Dealing Day.

Risk and reward profile

Lower risk Higher risk

Typically lower rewards Typically higher rewards

1 2 3 4 5 6 7

1 The lowest category does not mean 'risk free'.

1 The risk and reward profile is not guaranteed and may change over time.

1 Historical data may not be a reliable indication for the future.

1 The risk category for this share class is 5 as funds of this nature engagein strategies that typically have a moderate to high volatility. Thecalculation is based on the historical volatility of the Fund's performance.Where there is insufficient Fund performance the calculation is based oneither the historical volatility of a relevant benchmark for the investmentstrategy or the manager's Value at Risk limit for the Fund. Please refer tothe prospectus for further information relating to the Value at Risk.

The following risks may not be fully captured by the risk and rewardprofile:

1 The use of FDI involves additional risks: (i) FDI may be highly sensitive toprice movements of the asset on which they are based; (ii) a counterpartyto a non-exchange traded FDI may not meet its payment obligations inthe event of default; (iii) the use of FDI may result in increased leverage.These risks may lead to significant losses.

1 Liquidity characteristics of non-exchange listed investments can beirregular, and may result in higher than anticipated costs to liquidate theinvestment.

1 A limited number of investments may be held which can increase thevolatility of performance.

1 The Fund is a specialist geographic regional fund which, as a result, maycarry greater risk than a more internationally diversified portfolio.

1 The Fund is subject to normal market fluctuations and the risksassociated with investing in international securities markets and thereforethe value of your investment and the income from it may rise as well asfall and you may not get back the amount originally invested.

A complete description of risks is set out in the prospectus section entitled'Risk Factors'.

ChargesThe charges you pay are used to pay the costs of running the Fund. Thesecharges reduce the potential growth of your investment.

One-off charges taken before or after you invest

Entry charge None

Exit charge None

This is the maximum that might be taken out of your money before it isinvested / before the proceeds of your investment are paid out.

Charges taken from the fund over a year

Ongoing charges 0.90%

Charges taken from the fund under certain specific conditions

Performance fee None

The entry and exit charges shown are maximum figures and in some casesyou might pay less. Please refer to your financial advisor or the distributorfor the actual charges.

The ongoing charges figure is based on expenses for the year ending31/05/2017.

This figure may vary from year to year. It excludes performance fees (whereapplicable) and portfolio transaction costs, except in the case of an entry/exit charge paid by the Fund when buying or selling units in another sub-fund.

If you switch between different sub-funds of the Company you may pay aswitching charge on your subscription to the new sub-fund. This chargemay be an amount equal to the entry charge of the new sub-fund.

For detailed information on charges and fees please see the 'Fees andExpenses' section of the prospectus.

Past performance

Man GLG Continental European Growth Fund ProfessionalAccumulation Shares (Class C)

%

1 The Fund was authorised in 2004.This share class was launched on 21 May 2004.

1 The past performance chart shows the annual performance, calculated inGBP, for each full calendar year since launch.

1 The performance in this table includes all fees and expenses, excludingany entry or exit charges, and shows percentage year-on-year changes inFund value.

1 Please be aware that past performance is not a reliable indicator of, orguide to, future performance.

Practical information1 The Fund is a sub-fund of the Company which is an umbrella scheme

comprising a number of sub-funds.

1 BNY Mellon Trust & Depositary (UK) Limited is the depositary of theCompany. The Fund's assets are treated as being segregated from theassets of other sub-funds of the Company.

1 Additional information related to the Fund is located in the prospectuswhich is produced in an official language of the jurisdictions in which theFund is registered for public sale. The prospectus is available togetherwith the most recent financial statements, information on other shareclasses and the latest prices of shares free of charge at www.man.com.

1 The Fund is subject to taxation legislation in the UK, which may have animpact on your personal tax position as an investor in the Fund.

1 Man Fund Management UK Limited may be held liable solely on the basisof any statement contained in this document that is misleading,inaccurate or inconsistent with the relevant parts of the prospectus forthe Fund.

1 You may switch shares in the Fund for shares in any other sub-fund ofthe Company. Further information and provisions are in the prospectus.

1 Details of Man Fund Management UK Limited's Remuneration Policy areavailable at www.man.com/mfm-remuneration-policy, including: (a) adescription of how remuneration and benefits are calculated; and (b) theidentity of persons responsible for awarding remuneration and benefits. Apaper copy of these details may be obtained, free of charge, at ManFund Management UK Limited at Riverbank House, 2 Swan Lane,London, EC4R 3AD, United Kingdom.

The Fund is a "UCITS scheme" for the purposes and rules of Financial Conduct Authority. The Company and Man Fund Management UK Limited areauthorised in the UK and regulated by the Financial Conduct Authority.This key investor information is accurate as at 06/02/2018.

Key Investor Information

This document provides you with key investor information about this fund. It is not marketing material. The information isrequired by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you canmake an informed decision about whether to invest.

Schroder Asian Income Fundan Authorised Unit Trust of Schroder Unit Trusts LimitedClass L Accumulation GBP (GB00BDD29732)This fund is managed by Schroder Unit Trusts Limited, which is a member of the Schroders Group.

Objectives and Investment PolicyObjectivesThe fund aims to provide capital growth and income over the longterm by investing in equities of Asia Pacific companies excludingJapan but including Australia and New Zealand.

Investment PolicyThe fund invests at least 80% of its assets in equities of Asia Pacificcompanies excluding Japan, but including Australia and NewZealand which offer dividend payments.

The fund may also invest in collective investment schemes andwarrants, and hold cash.

The fund may use derivatives with the aim of reducing risk ormanaging the fund more efficiently.

BenchmarkThis unit class is managed with reference to the MSCI AC Pacificex Japan (NDR) financial index. The manager invests on a discre-tionary basis and is not limited to investing in accordance with thecomposition of this benchmark.

Dealing FrequencyYou may redeem your investment upon demand. This fund dealsdaily.

Distribution PolicyThis unit class accumulates income received from the fund'sinvestments, meaning it is kept in the fund and its value is reflectedin the price of the unit class.

Risk and Reward ProfileLower riskPotentially lower reward

Higher riskPotentially higher reward

1 2 3 4 5 6 7

The risk and reward indicatorThe risk category was calculated using historical performance dataand may not be a reliable indicator of the fund's future risk profile.

The fund's risk category is not guaranteed to remain fixed and maychange over time.

A fund in the lowest category does not mean a risk-free invest-ment.

The fund is in this category because it can take higher risks insearch of higher rewards and its price may rise and fall accordingly.

Risk factorsThe following risks may affect fund performance.

China country risk: Changes in China's political, legal, economic ortax policies could cause losses or higher costs for the fund.

Counterparty risk: The counterparty to a derivative or othercontractual agreement or synthetic financial product couldbecome unable to honour its commitments to the fund, potentiallycreating a partial or total loss for the fund.

Currency risk: The fund can be exposed to different currencies.Changes in foreign exchange rates could create losses.

Derivatives risk: A derivative may not perform as expected, andmay create losses greater than the cost of the derivative.

Emerging markets & frontier risk: Emerging markets, and espe-cially frontier markets, generally carry greater political, legal, coun-terparty and operational risk.

Equity risk: Equity prices fluctuate daily, based on many factorsincluding general, economic, industry or company news.

Liquidity risk: In difficult market conditions, the fund may not beable to sell a security for full value or at all. This could affectperformance and could cause the fund to defer or suspendredemptions of its shares.

Operational risk: Failures at service providers could lead to disrup-tions of fund operations or losses.

ChargesOne-off charges taken before or after you invest

Entry charge None

Exit charge None

This is the maximum that might be taken out of your money before it isinvested.


Ongoing Charge 0.85%



The charges you pay are used to pay the costs of running the fund,including the costs of marketing and distributing it. These chargesreduce the potential growth of your investment.

The entry and exit charges shown are maximum figures and insome cases you might pay less. You can find out the actual entryand exit charges from your financial advisor.

The ongoing charges figure is based on the last year's expenses forthe year ending December 2017 and may vary from year toyear. When buying back units, the manager may sell them to otherinvestors and retain the difference between the bid and offer price.

Please see the prospectus for more details about the charges.

Past Performance

%Q L Accumulation GBP (GB00BDD29732)Q MSCI AC Pacific ex Japan (NDR)

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

-22.8 49.0 28.6 -9.0 23.2 1.0 12.8 -2.4 30.1 18.2

-30.1 48.2 21.6 -13.0 16.7 2.0 7.8 -4.4 28.2 25.1

1

2

1 Performance shown during this period predates the launch of this unit class and hasbeen simulated using the history of a similar unit class within the fund.

2 This unit class was managed with reference to the MSCI AC Pacific (Japan at 10%)index until December 2009.

Past performance is not a guide to futureperformance and may not be repeated. Thevalue of investments may go down as well asup and you may not get back the amount youoriginally invested.

The chart shows performance in British poundafter the ongoing charges and the portfoliotransaction costs have been paid.

The fund was launched on 19 February 1990.

Practical InformationTrustee: J. P. Morgan Europe Ltd.

Further Information: You can get further information about thisfund, including the prospectus, latest annual report, any subse-quent half-yearly reports and the latest price of units fromwww.schroders.com/ukinvestor and from Schroders, PO Box1102, Chelmsford, Essex, CM99 2XX, England, telephone 0800718 777. They are in English, free of charge.

Tax Legislation: The fund is subject to UK tax legislation whichmay have an impact on your personal tax position.

Liability: Schroder Unit Trusts Ltd may be held liable solely on thebasis of any statement contained in this document that is

misleading, inaccurate or inconsistent with the relevant parts of thefund's prospectus.

Switches: Subject to conditions, you may apply to switch yourinvestment into another unit class within this fund or in anotherSchroder fund. Please see the prospectus for more details.

Remuneration Policy: A summary of Schroders' remunerationpolicy and related disclosures is atwww.schroders.com/remuneration-disclosures. A paper copy isavailable free of charge upon request.

Glossary: You can find an explanation of some of the terms used inthis document at www.schroders.com/ukinvestor/glossary.

-40

-20

0

20

40

60

Schroder Unit Trusts Limited Schroder Asian Income Fund

This fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority (FCA). This key investor information isaccurate as at 19 February 2018.

/2

First State Global Listed Infrastructure Fund (Fund)

Class B (Accumulation) GBP (Share Class)

ISIN GB00B24HJL45

a sub-fund of First State Investments ICVC (the Company)

First State investments (UK) Limited, the authorised corporate director of the Company

Objectives and investment policy

Objective: The Fund aims to provide income and grow your investment.

Policy: The Fund invests in shares of companies that are involved in infrastructure around the world.

The infrastructure sector includes utilities (e.g. water and electricity), highways and railways, airports services, marine ports and services, and oil and gas storage and transportation.

The Fund does not invest directly in infrastructure assets.

The Fund may use derivatives to reduce risk or to manage the Fund more efficiently.

You can buy and sell shares in the Fund on any business day. As long as we receive your instruction before 12 noon (UK time), shares will be bought at that day's price.

The Fund's manager may use its discretion when deciding which investments should be held by the Fund.

You will not receive any income from your investment. Any income will be rolled up into the value of shares in the Fund.

In addition to the charges set out in the charges section, the Fund will incur portfolio transaction costs which are paid from the assets of the Fund.

Recommendation: this Fund may not be appropriate for investors who plan to withdraw their money within five years.


Lower Risk Higher Risk

Potentially Lower Rewards Potentially Higher Rewards

1 2 3 4 5 6 7

The synthetic risk reward indicator (the SRRI) rating is not a measure of the risk of you losing your investment but describes how much the value of the Share Class has gone up and down in the past. Where a Share Class has not yet launched, the SRRI is calculated using representative data.

The SRRI rating is based on historical data which may not be a reliable indication of the future risks and rewards of the Share Class.

We cannot guarantee that the rating of the Share Class will remain the same; it may change over time.

Even the lowest rating 1 does not mean a risk free investment.

On a scale of 1 (less risky) to 7 (more risky), this Share Class has a rating of 5 due to its past performance (or representative data) and the nature of its investments. Shares with a rating of 5 might have higher risks, but also higher returns.

Risk is taken in order to make a higher potential return; the more risk a fund takes, the higher the potential return but the greater the risk of

loss.

The value of the Fund and its return is not guaranteed and may fall as well as rise. You may get back significantly less than you originally invested.

Material risks not adequately captured by the SRRI:

Single sector risk: investing in a single sector may be riskier than investing in a number of different sectors. Investing in a larger number of sectors helps spread risk.

Currency risk: the Fund invests in assets which are denominated in other currencies; changes in exchange rates will affect the value of the Fund.

Listed Infrastructure Risk: The Fund may be vulnerable to factors that particularly affect the infrastructure sector, for example natural disasters, operational disruption and national and local environmental laws.

For further information on risks, please refer to the Risk Factors section in the Company's prospectus.

Key Investor Information This document provides you with key investor information about this Fund. It is not marketing material. The

information is required by law to help you understand the nature and the risks of investing in this Fund. You are advised

to read it so you can make an informed decision about whether to invest.

This Fund is authorised in the UK and regulated by the Financial Conduct Authority. First State Investments (UK) Limited is authorised and regulated in the UK by the Financial Conduct Authority. This key investor information is accurate as at 02 February 2018.

Page 2/2

Charges for this Fund

The charges are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment.

The entry and exit charges shown are the maximum you will need to pay. In some cases you might pay less - you can find out the actual entry and exit charges from your financial adviser.

The ongoing charge is based on expenses for the year ending July 2016. It may vary from year to year. It excludes portfolio transaction costs and performance fees, if any.

The fees and expenses are charged against the capital of the Fund. Deducting expenses from capital reduces the potential for capital growth.

There are fees for switching between sub-funds. The fee for switching into the Fund is 0.5%.

Further information can be found in the Buying, Selling and Switching Shares section of the Company's prospectus.


Entry charge 4.00%

Exit charge N/A

This is the maximum that might be taken out of your money before it is invested.


Ongoing charge 0.80%


Performance fee N/A

Past performance

Past performance is not a reliable guide to future performance. The past performance shown here includes fees, any reinvested income and tax.

The Fund launched on 08 October 2007.

The Share Class launched on 08 October 2007. The past performance of the Share Class is calculated in GBP.

Practical information

Depositary: The Bank of New York Mellon (International) Limited

Further information: The prospectus, annual and semi-annual reports of the Company are available free of charge on www.firststateinvestments.com or by contacting First State Investments, 23 St. Andrew Square, Edinburgh, EH2 1BB. All documents are available in English, German and Swiss German. You can also obtain any of these documents from the representative or paying agent in your country.

Other practical information: The Fund's share price and other information about the Fund is available at www.firststateinvestments.com. The prospectus, annual and semi-annual reports contain information about all of the sub-funds and share classes of the Company. Please note that not all sub-funds and share classes may be registered for distribution in your jurisdiction.

Tax legislation: The Fund is subject to UK tax laws. This may have an impact on your personal tax position. For further details, please speak to your tax adviser.

Liability statement: The Company may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the prospectus for the Company.

Fund information: Each sub-fund of the Company is responsible for meeting its own debts. The sub-funds are segregated by law. This means that investments of the Fund can not be used to pay the debts of the other sub-funds.

You can exchange shares in the Fund for shares in another sub-fund, which is called switching. There may be a charge for switching, as indicated above in 'Charges'.

Remuneration: Information on the current remuneration policy of First State Investments (UK) Limited, including a description of how remuneration and benefits are calculated and the identity of persons responsible for awarding the remuneration and benefits, is available at www.firststateinvestments.com. A paper copy of this information is available free of charge upon request from First State Investments, 23 St Andrew Square, Edinburgh, EH2 1BB.

-13.2%

14.0% 13.6%

3.1% 6.9%

16.0% 19.5%

0.2%

35.9%

8.2%

-20%

-10%

0%

10%

20%

30%

40%

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

KEY INVESTOR INFORMATION This document provides you with key investor information about this fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision about whether to invest.

Legal & General Emerging Markets Government Bond (Local Currency) Index Fund (the "Fund") Class I Accumulation ISIN: GB00B8L19S87 The authorised fund manager of the Fund is Legal & General (Unit Trust Managers) Limited.

OBJECTIVE AND INVESTMENT POLICY

Objective The objective of this Fund is to provide a return in line with the performance of the JPMorgan GBI-EM Global Diversified Local Currency Index. Investment policy:

The Fund will invest primarily in bonds (a type of loan which pays interest) that make up the Index. The Fund’s investments will consist of a wide range of bonds that make up the Index. The Index consists of bonds which are issued in the relevant national currency by governments of developing countries.

The bonds that the Fund invests in will be a mixture of sub-investment grade, investment grade and non-rated bonds. The mix will closely match that of the Index. Investment and sub-investment grade bonds are bonds that have been given a credit rating by a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time. Sub-investment grade bonds are rated as higher risk and investment grade bonds are rated as lower risk. Non-rated bonds have not been rated by a rating agency.

The Fund may use derivatives (contracts which have a value linked to the price of another asset) to: • reduce risk or cost; or

• generate additional capital or income with no, or an acceptably low, level of risk.

The Fund may also invest in other bonds, deposits, money market instruments and cash.

Other information:

If you hold accumulation units, income from investments held by the Fund (interest) will be reinvested into the value of your units.

You can buy or sell units in this Fund on any business day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this Fund. If you contact us after 12 noon, the units will be bought or sold at the next business day's price.

The Fund's base currency is denominated in sterling (British pounds). This Fund is designed for investors seeking income or growth from an

investment in Emerging Markets government bonds denominated in the national currency of the issuer.

Although investors can take their money out at any time, this Fund may not be appropriate for those who plan to withdraw their money within five years.

This Fund is not designed for investors who cannot afford more than a minimal loss of their investment.

If you do not understand this document we recommend you seek additional information to help you decide if this Fund is right for you.

RISK AND REWARD PROFILE

This risk and reward indicator is based on historical data which may not be a reliable indication of the Fund's risk and reward category in the future.

The category number highlighted above reflects the rate at which the Fund’s unit price has moved up and down in the past. If the Fund has less than 5 years’ track record, the number also reflects the rate at which the index the Fund tracks has moved up and down in the past. Higher numbers mean the potential reward could be greater, but this comes with increased risk of losing money.

The Fund is in category 5 because it invests in company or government bonds which are sensitive to changes in interest rates, inflation and credit. This can be driven by political and economic changes and other significant events and may cause the value to go up and down. Bonds that are closer to their maturity date tend to be more stable in value. Bonds are generally considered to be higher risk investments than cash, but lower risk than company shares.

The Fund's category is not guaranteed to remain the same and may change over time.

Even a fund in the lowest category is not a risk free investment.

The value of your investment may fall as well as rise and is not guaranteed. You might get back less than you invest.

Further information on the risks of investing in this fund is contained in the Prospectus available at www.legalandgeneral.com/reports.

The risk and reward indicator may not take account of the following risks of investing in the Fund:

This Fund holds bonds that, rather than being traded on an exchange, are traded through agents, brokers or investment banks matching buyers and sellers. This makes the bonds less easy to buy and sell than investments that are traded on an exchange and on any particular day there may not be a buyer or a seller for the bonds. In times of market uncertainty or if an exceptional amount of withdrawals are requested it may become less easy

for your Fund to sell investments and the Manager may defer withdrawals, or suspend dealing. The Manager can only delay paying out if it is in the interests of all investors and with the permission of the Fund trustee or depositary.

Investment returns on bonds are sensitive to trends in interest rate movements. Their values are likely to fall when interest rates rise. Such falls may be more pronounced in a low interest rate environment. Bonds with a short time to go before their maturity date will fall by less than bonds with a longer time to their maturity date.

The Fund invests directly or indirectly in bonds which are issued by companies or governments. If these companies or governments experience financial difficulty, they may be unable to pay back some or all of the interest, original investment or other payments that they owe. If this happens, the value of your Fund may fall.

This Fund invests in countries where investment markets are considered to be less developed. This means that investments are generally riskier than those in developed markets because they: • may not be as well regulated; • may be more difficult to buy and sell; • may have less reliable arrangements for the safekeeping of investments; or • may be more exposed to political and taxation uncertainties. The value of the Fund can go up and down more often and by larger amounts than funds that invest in developed countries, especially in the short term.

The Fund could lose money if any institutions providing services such as acting as counterparty to derivatives or other instruments, becomes unwilling or unable to meet its obligations to the Fund.

Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains.

The Fund may have underlying investments that are valued in currencies that are different from sterling (British Pounds). Any such investments will be impacted by exchange rate fluctuations and this may affect the value of your investment and any income from it. Currency hedging techniques may be applied to reduce the impact of exchange rate fluctuations but may not entirely eliminate it.

We may take some or all of the ongoing charges from the Fund's capital rather than the Fund's income. This increases the amount of income, but it reduces the growth potential and may lead to a fall in the value of the Fund.


Potentially lower rewards Potentially higher rewards

1 2 3 4 5 6 7

This Fund is authorised in the United Kingdom by the Financial Conduct Authority. Legal & General (Unit Trust Managers) Limited is authorised and regulated by the United Kingdom Financial Conduct Authority. This key investor information is accurate as at 14 February 2018.

CHARGES FOR THIS FUND

The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These charges reduce the

potential return from your investment.


Entry charge 0.00%*

Exit charge 0.00%*


*The Fund also incurs a unit price spread. See opposite.





There are no entry or exit charges for this Fund.

The ongoing charges figure is based on the latest available expenses at December 2017. This figure may change in the future.

This Fund's ongoing charges include any charges made by any other funds it may invest in. They exclude portfolio transaction costs.

The ongoing charges are taken from the capital of the Fund. Other costs:

Unit price spread: each day there are two prices for this Fund: a higher price you pay to buy units and a lower price you receive when you sell units. The Fund manager calculates these prices. The difference between these prices is called the 'spread'. The spread is separate to the ongoing charges shown in this section. This Fund's spread reflects the difference between the buying and selling prices of the assets it holds and costs associated with buying and selling the assets. The spread can change at any time and by any amount. As an example, the buying price for units in this Fund was 0.34% higher than the selling price at 31 December 2017.

For more information about charges and costs, please see the charges and expenses section in the Fund's Prospectus, or visit our website at legalandgeneral.com/chargesandfees.

PAST PERFORMANCE

Past performance is not a guide to future performance. The figures for the Fund take into account the ongoing charges and

assume income (after any tax) is reinvested. The figures do not take account of any bid-offer spread or dilution levy or any transaction costs.

The performance has been calculated in Sterling (British Pounds). The Fund will not replicate the performance of its benchmark index

perfectly. This is because the Fund will incur drags on performance such as expenses, tax and transactions costs, which the benchmark index is not subject to.

The annual return is for a 12 month period ending 31 December. The Fund launched in 2016. This unit class launched in 2016.

PRACTICAL INFORMATION

The trustee and depositary is Northern Trust Global Services Limited.

You can obtain further information about the Fund including copies of its prospectus, application forms and the latest annual and semi-annual reports at www.legalandgeneral.com/reports. For more information about emerging market government bond index funds, please view our short guide at www.legalandgeneral.com/uif-emd. Paper copies of these documents are also available from: Legal & General Investments, PO Box 6080, Wolverhampton WV1 9RB. We provide documents free of charge and in English.

A Guide to Investing with Us at www.legalandgeneral.com/guide gives further information about investing generally, including pricing.

Investors can get other practical information, including the latest buying and selling prices, spreads and details of any other unit classes that are available, by calling us on 0370 050 0955 Monday to Friday between 8.30am and 6.00pm. Call charges will vary.

UK tax legislation may have an impact on each investor's personal tax position.

Legal & General (Unit Trust Managers) Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant parts of the Prospectus for the Fund.

You can find details of our Remuneration Policy at www.lgim.com/remuneration. You can also request a paper copy free of charge. The Policy includes details of our Remuneration Committee and how remuneration and benefits are calculated.

The benchmark utilised by the Fund is provided by a benchmark administrator which is currently availing of the transitional arrangements afforded under Regulation (EU) 2016/1011 and accordingly does not currently appear on the register of administrators and benchmarks maintained by ESMA.

2013 2014 2015 2016 2017

Fund 4.3

Index 5.2

0

1

2

3

4

5

6

(re

turn

%)

Key Investor InformationThis document provides you with key investor information about this Fund. It is not marketing material.The information is required by law to help you understand the nature and the risks of investing in thisFund. You are advised to read it so you can make an informed decision about whether to invest.

Invesco Perpetual Global Equity Income Fund (the “Fund”)A sub-fund of Invesco Perpetual Global Investment Series ICVC (the “Company”)Y Accumulation share class (ISIN: GB00BJ04H147) (the “Share Class”)The Fund is managed by Invesco Fund Managers Limited, part of the Invesco Group.

- The objective of the Fund is to generate a rising level of income together with long-term capital growth.- The Fund invests primarily in shares of companies globally.- The Fund may use derivatives (complex instruments) to manage the Fund more efficiently, with the aim of reducing risk, minimising

costs and/or generating additional capital or income.- The Fund is actively managed within its objectives and is not constrained by a benchmark.- You can buy, sell and switch shares in the Fund on any UK business day.- Any income from your investment will be reinvested.- Recommendation: The Fund may not be appropriate if you plan to withdraw your money within 5 years.

Objectives and Investment Policy

n The Share Class is in risk category 5 due to the rises andfalls of its price or simulated data in the past.

n As the Share Class' risk category has been calculated usinghistorical data, it may not be a reliable indication of theShare Class' future risk profile.

n The risk category may change in the future and is notguaranteed.

n The lowest category does not mean a risk free investment.

n The value of investments and any income will fluctuate (this maypartly be the result of exchange rate fluctuations) and you may notget back the full amount invested. Over time, inflation may erode thevalue of investments.

n As one of the key objectives of the Fund is to provide income, theongoing charge is taken from capital rather than income. This canerode capital and reduce the potential for capital growth.

n The Fund may use derivatives (complex instruments) in an attempt toreduce the overall risk of its investments, reduce the costs of investingand/or generate additional capital or income, although this may not beachieved. The use of such complex instruments may result in greaterfluctuations of the value of the Fund. The Manager, however, willensure that the use of derivatives within the Fund does not materiallyalter the overall risk profile of the Fund.

n The Fund’s performance may be adversely affected by variations in therelative strength of world currencies or if Sterling strengthens againstthose currencies.

n A more detailed description of risk factors that apply to this Fund isset out in Section 30 of the Prospectus.

1 2 3 4 5 6 75

Lower Risk Higher Risk

Typically lower rewards Typically higher rewards

Other Risks

Risk and Reward Profile

The charges you pay are used to pay the costs of running the Fund, including the costs of marketing and distributing it. These chargesreduce the potential growth of your investment.

- The entry charge shown is a maximum figure. In some cases youmight pay less - you can find this out from your financial adviser ordistributor.

- The ongoing charge figure is based on a fixed, all-inclusive fee. Thefigure excludes portfolio transaction costs.

- If you switch funds within the Invesco Perpetual ICVC fund range youwill pay a maximum 1% switching charge on your new fund.

- For more information about charges please see Appendix 1 of theProspectus.

Charges

One-off charges taken before or after you investEntry charge 5.00%Exit charge NoneAny charges shown above are the maximum that might betaken out of your money before it is invested.Charges taken from the Share Class over a yearOngoing charge 0.87%

Charges taken from the Share Class under certain specificconditionsPerformance fee None

- Fund launch date: 02 March 2009.- Share Class launch date: 01 April 2014.- The base currency of the Fund is Sterling.- Performance figures are calculated in Sterling.- Performance figures are calculated inclusive of reinvested income and

net of the ongoing charge and portfolio transaction costs. The figuresdo not reflect the entry charge paid by individual investors.

- Past performance is not a guide to future returns.

Past Performance

% growth

0

5

10

15

20

25

2013 2014 2015 2016 2017Share Class 5.8 22.8 12.7

- Depositary: Citibank Europe plc, UK Branch.- The UK tax regime may have an impact on your personal tax position.- Invesco Fund Managers Limited may be held liable solely on the basis of any statement contained in this document that is misleading,

inaccurate or inconsistent with the relevant parts of the Prospectus.- The Company is structured by having different sub-funds. The assets and liabilities of each sub-fund are segregated by UK Law. As a

consequence the assets of the Fund will not be available to meet the liabilities of another sub-fund within the Company.- You are entitled to switch from this Fund to another fund within the Invesco Perpetual ICVC fund range on request, subject to a

switching charge.- More share classes are available for this Fund. You can find more information on our website.- You can check the latest price for this Share Class on our website.- Information on our remuneration policy is available on our website and can be obtained, free of charge, upon request.- Further details can be found in the Prospectus and the Annual and Interim Reports, which can be obtained in English, free of charge,

from www.invescoperpetual.co.uk or by calling us on 0800 085 8677.

Practical Information

This Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority.Invesco Fund Managers Limited is authorised in the United Kingdom and regulated by the Financial Conduct Authority.This Key Investor Information is accurate as at 14 February 2018.

1227040_7/PDF/140218

1 of 2

Key Investor Information. This document provides you with key investor information about this Fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this Fund. You are advised to read it so you can make an informed decision about whether to invest.

Close Diversified Income Portfolio Fund – X (Accumulation)A sub-fund of Close Discretionary Funds unit trust (ISIN: GB00B708TJ43)This Fund is managed by Close Asset Management (UK) Limited

Objectives and investment policy

Objectives: To provide income with some capital growth. The Fund also aims to have a yield in excess of the FTSE All Share Index.

Investment policy: The Fund is actively managed and invests primarily in UK and international shares and bonds.

The equity exposure may include smaller companies and emerging market shares.

The bond exposure will consist mainly of government and investment grade corporate bonds, but may include emerging market or high yield securities.

The Fund may also invest in:

• Money market instruments, deposits, cash and also near cash instruments such as bonds close to maturity.

• Other collective investment schemes, which may include schemes managed by the Manager, and closed-ended funds.

• Alternative asset classes such as hedge funds, infrastructure and property through investment in transferable securities.

The Fund may use derivatives for investment purposes as well as for efficient portfolio management but currently restricts this to convertable securities as well as portfolio hedging using currency forwards for efficient portfolio management purposes.

Other information:

Units can be bought, sold or switched in the Fund on any business day, as defined in the Prospectus.

An order must be received by the Administrator by 12 noon on any business day to receive that day’s fund price. Please note that if an order is placed by an intermediary or Financial Adviser they may require extra processing time.

Units will be accumulation units. Income from investments held by the Fund will be invested into the value of the units.

The Fund should be regarded as a long term investment and may not be appropriate for investors who plan to withdraw their money in the short to medium term i.e. within 5 years.


1 2 3 4 5 6 7

Typically lower risk/reward Typically higher risk/reward

The Fund is ranked at 3 because funds of this type have experienced low to average rises and falls in value in the past.

The Risk and Reward profile demonstrates where the Fund ranks in terms of its potential risk and reward. The higher the rank the greater the potential reward but the greater the risk of losing money. It is based on past data (the past 5 years), may change over time and may not be a reliable indication of the future risk profile of the Fund.

Past performance is not a reliable guide to future performance.

The lowest category does not mean risk free.

Investing in the Fund carries the following main risks:

Counterparty risk: The Fund could lose money if a counterparty with which it transacts becomes unwilling or unable to meet its obligations to the Fund.

Currency risk: The Fund invests in overseas assets, denominated in currencies other than Sterling. The Manager aims to remove some of the impact of changes in some exchange rates by hedging, a currency transaction which may protect against such movements. While the Fund operates portfolio hedging to reduce this risk, it may not always be fully effective.

Default risk: The Fund may invest in bonds which provide a fixed or variable return and which are a form of loan, the value of which depends on the issuer being able to make its payments. There is a risk that the issuer will fail to do so. Although the Fund generally invests in bonds with high ratings, a high rating does not guarantee an issuer’s ability to pay.

Derivatives risk: The Fund uses derivatives for efficient portfolio management purposes only (currency hedging). Using derivatives can involve a higher level of risk. A small movement in the price of an underlying investment may result in disproportionately large movements in the price of the derivative instrument.

Emerging Markets risk: The Fund may invest in emerging markets which can involve a higher element of risk due to less well regulated markets and the potential for political and economic instability.

The full list of the Fund’s risks are contained in the “Risk Factors” section of the Prospectus.

2 of 2

Charges

The charges you pay are used to pay the costs of running the Fund, including the costs of managing and distributing it. These charges reduce the potential growth of your investment.


Entry charge 0.00%

Exit charge 0.00%

The entry charge is the maximum that could be taken out of your money before it is invested. There are no entry and exit charges.

Charges taken from the Fund over a year


Charges taken from the Fund under certain specific conditions


The figure for ongoing charges excludes portfolio transaction costs, except in the case of an entry/exit charge paid by the Fund when buying or selling shares or units in another fund and transaction costs paid to the custodian of the Fund.

The ongoing charges are based on the Fund’s annualised expenses for the six months ending 30 September 2017. Ongoing charges may vary from year to year.

Further information about charges can be found in the Fees section of the Prospectus.

If you invest through a third party provider (including platforms) you are advised to consult them directly as charges, performance, and terms and conditions may differ materially to those shown in this document.

Past performance

The past performance is calculated in GBP.

This chart includes all charges except entry and exit charges.

You should be aware that past performance is not a reliable guide to future performance.

Fund launch date - 03 September 2010.

Unit class launch date - 01 October 2012.

Practical information The Trustee is The Bank of New York (International) Limited.

The Fund’s Investment Adviser is Close Asset Management Limited.

This Key Investor Information Document may not contain all the information you need.

The Fund is a sub-fund of the Close Discretionary Funds (“CDF”), an umbrella structure comprising different sub-funds. This document is specific to the Fund and unit class stated at the beginning of this document. However, the prospectus, annual and half-yearly reports are prepared for the umbrella.

Investors may switch their units in the Fund for units in another sub-fund within CDF, subject to meeting certain conditions. These conditions, as well as other information about dealing, other unit classes of this Fund and other funds in this Trust may be obtained by contacting us (see below).

You can place an order to buy, sell or switch units of the Fund by contacting your adviser or distributor, or us directly at Close Asset Management (UK) Limited, PO Box 367, Darlington, DL1 9RG; or by calling us on 0370 606 6402.*

*Calls to this number are recorded for monitoring purposes.

For the latest published price of the units in the Fund, or to obtain the Prospectus or annual/semi-annual report, please visit www.closebrothersam.com/funds or please contact the registered office of the Fund at 10 Crown Place, London EC2A 4FT. Documents are available free of charge in English.

The assets of the Fund are ring-fenced and cannot be used to pay the debts of other CDF sub-funds.

This Fund is subject to UK tax laws, which may have an impact on your personal tax position. Please speak to a financial adviser for further information.

Details of the up-to-date remuneration policy, including but not limited to, a description of how remuneration and benefits are calculated, the identity of persons responsible for awarding remuneration and benefits and the composition of the remuneration committee are available on www.closebrothersam.com/funds. A paper copy of the remuneration policy is available free of charge at the registered office.

Close Asset Management (UK) Limited may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate or inconsistent with the relevant part of the prospectus for the Fund.

The Fund is authorised in the UK and regulated by the Financial Conduct Authority (“FCA”). Close Asset Management (UK) Limited is authorised in the UK and regulated by the FCA.

Close Brothers Asset Management is a trading name of Close Asset Management Limited (Registered number: 01644127) and Close Asset Management (UK) Limited (Registered number: 02998803). Both companies are part of Close Brothers Group plc, are registered in England and Wales and are authorised and regulated by the Financial Conduct Authority. Registered office: 10 Crown Place, London EC2A 4FT. VAT registration number: 245 5013 86.

This Key Investor Information is accurate as at 01 February 2018.

This Fund is authorised and regulated by the Financial Conduct Authority (FCA).

Close Brothers Asset Management is a trading name of Close Asset Management Limited (Registered number: 01644127) and Close Asset Management (UK) Limited (Registered number: 02998803). Both companies are part of Close Brothers Group plc, are registered in England and Wales and are authorised and regulated by the Financial Conduct Authority. Registered office: 10 Crown Place, London EC2A 4FT. VAT registration number: 245 5013 86. CBAM1032. 26.01.2018.

9.2

5.0

2.4

7.8

5.4

0%

2%

4%

6%

8%

10%

2011 2012 2013 2014 2015 2016 2017

Per

form

ance

(%)

Year

Non-UCITS retail scheme KEY INVESTOR INFORMATIONThis document provides you with key investor information about this fund. It is not marketing material. Theinformation is required by law to help you understand the nature and the risks of investing in this fund. Youare advised to read it so you can make an informed decision about whether to invest.

Kames Property Income Feeder (Accumulation) Funda sub-fund of Kames Capital Unit TrustSterling Class B - Accumulation shares (ISIN: GB00BK6MJG80)This fund is managed by Kames Capital plc.

Objectives and investment policyObjective: The investment objective is to provide income with potentialfor capital growth by investing in the Kames Property Income Fund,which invests mainly in commercial property.Policy: To invest close to 100% in the Kames Property Income Fund, aProperty Authorised Investment Fund (PAIF).The objective of the Kames Property Income Fund is to invest mainly incommercial property in the British Isles, which will seek to add valuethrough active asset management.It may also invest in other property-related assets including collectiveinvestment schemes and listed securities, as well as cash, deposits andmoney-market instruments.The investment returns of the Fund and the Kames Property IncomeFund may differ because the Fund may hold cash for operationalreasons.

Other informationYou can buy, sell or exchange the Fund's units on any business day (see'Dealing Day' in the Prospectus Definitions for more information).Income the Fund receives will be reinvested and automatically reflectedin the value of your units.As the Fund invests in commercial property, the transaction costsincurred in buying and selling properties will be comparatively higher thanthe costs incurred in buying or selling other asset classes, which mayhave a material impact on the Fund's return.It is expected that the Fund will be held as part of a diversified portfoliowhich may include other assets such as bonds, equities, property andcash.

Risk and reward profileThe value of investments, and the income from them, will fluctuate. Thiswill cause the Fund price to fall, as well as rise, and you may not getback the original amount that you invested.As the Fund is dual-priced, there is a price to buy units and a price to sellthem. The difference between the two prices is referred to as 'thespread'. The spread is likely to be wider for the Fund than for other lessspecialist funds and may vary. We reserve the right to change the pricingbasis of the Fund and any change will mean an increase or decrease inthe price at which you can deal at. Further pricing information can befound on www.kamescapital.com/propertyincome.The following risks are also relevant to the Fund:Liquidity: In difficult market conditions, the investments within the Fundmay become more difficult to sell at the last quoted price, or at a fairvalue. Such situations could result in unpredictable changes in the valueof your holding.Fund charges: The Fund charges its fees against capital, which willincrease the amount of income available for distribution to Shareholders,but may constrain capital growth.The Fund invests mainly in commercial property, which is a less liquidasset than other categories of asset, comparatively it may be moredifficult to sell at times, which may lead to constraints when redeemingunits.

There is no guarantee that investments in property will increase in valueor that rental growth will take place. There is also a risk that tenantswithin the properties could default on their rental payments, which couldaffect the income within the Fund.If significant numbers of investors withdraw their investments from theFund at the same time, the manager may be forced to dispose ofproperty investments. The realised value of these sales may be lessfavourable than the last quoted valuation of the investments.The Fund invests mainly in one type of asset, meaning it is morevulnerable to the market sentiment of that specific type of asset. Thistype of fund can therefore carry a higher risk and can experience largerthan average price fluctuations when compared to a fund with a broaderinvestment universe.The Fund may at times hold larger amounts of cash for liquidity purposesor if new investment opportunities are limited, which may restrict theperformance of the Fund.Property valuations are provided by an independent valuer, rather thantraded on an exchange, and are therefore subjective.Full details and risks are disclosed in the section 'Risk Factors' in theProspectuses.

ChargesThe charges you pay are used to pay the costs of running the Fund,including the costs of marketing and distributing it. These charges reducethe potential growth of your investment.


Entry charge 0.00%

Exit charge 0.00%This is the maximum that might be taken out of your money before it isinvested / before the proceeds of your investment are paid out.





The entry and exit charges shown are the maximum figures, and in somecases you may pay less. You can find out specific charges which apply toyour investment by contacting your financial adviser, distributor, or bycontacting us using the details given in the Practical Information section.The ongoing charge is based on expenses for the year to 31 December2017. This figure may vary from year to year. It excludes any portfoliotransaction costs (except in the case of an entry/exit charge paid by theFund when buying and selling shares in another fund).The fund has other costs in addition to the ongoing charges shownabove. These costs are associated with the day to day operation of thedirect property assets, an estimate of these is represented by theproperty expense ratio (PER). For details of how the PER is calculatedplease refer to the latest Report and Accounts on our website(www.kamescapital.com). The PER for this share class is 0.57% as at 31December 2017 and is subject to fluctuations.

Past performance

Sterling Class B (GB00BK6MJG80)

%

Past performance is not a guide to future performance.Fund launch date: 28 March 2014Share class launch date: 28 March 2014Performance is calculated in GBP.The past performance calculation does not take into account the entryand exit charges but does take into account the ongoing charge, asshown in the 'Charges' section.

Source: Lipper


Kames Capital Unit Trust is a non-UCITS retail scheme (NURS) structured as an umbrella unit trust with various sub-funds, with segregated liabilitybetween sub-funds. This document describes one sub-fund of the NURS; the Prospectus and the Report and Accounts are prepared for the entireNURS.You can Exchange your holdings into another share class of the Fund, or another sub-fund of the NURS, at any time. More detailed information onexchanging can be found in the 'Buying, Redeeming, Converting and Switching of Units' section of the Prospectus.The assets and liabilities of the Fund are segregated by law. Accordingly, the assets of this Fund belong exclusively to it and may not be used to meetthe liabilities of, or claims against, any other fund within the Kames Capital Unit Trust. Any liability incurred on behalf of, or attributable to, the Fundshall be discharged solely out of the assets of the Fund.The Trustee is National Westminster Bank plc.The prices of units will be published daily on our website (www.kamescapital.com).Further information about the Fund and Feeder and copies of their Prospectuses and their latest Annual and Semi-Annual Report and Accounts, andthe Key Investor Information Document can be obtained, free of charge, on our website (www.kamescapital.com) or by calling 0800 358 3009. Thesedocuments are available in English.You should be aware that tax legislation in the UK (where the Fund is authorised) may have an impact on your personal tax position.Details of the up to date remuneration policy of Kames Capital plc (“the Company”) including but not limited to, a description of how remuneration andbenefits are calculated, the identity of persons responsible for awarding the remuneration and benefits, are available at www.kamescapital.com. Apaper copy will be available free of charge upon request at the registered office of the Company.

Kames Capital Unit Trust is authorised in the United Kingdom and regulated by the Financial Conduct Authority (FCA).This key investor information is accurate as at 13/02/2018.

Non-UCITS retail scheme Key Investor InformationThis document provides you with key investor information about this Fund. It is not marketing material. Theinformation is required by law to help you understand the nature and the risks of investing in this Fund. You areadvised to read it so you can make an informed decision about whether to invest.

180327174948 UK K1 FOPP GBP I EN

UK 0002 0000

Objective and investment policyThe trust aims to provide income and grow capital over five years or more solelythrough investment in the M&G Property Portfolio.Core investment: The trust is close to 100% invested in the M&G Property Portfolio,a Property Authorised Investment fund.The objective of the M&G Property Portfolio is to provide income and grow capitalover five years or more by investing mainly in UK commercial property.Strategy in brief: The manager of the M&G Property Portfolio selects attractively pricedproperties from across a range of sectors and regions. The focus is on adding value bymanaging and improving properties to enhance their capital value and rental income.

Other informationThe investment returns of the fund and the M&G Property Portfolio may differbecause the fund may hold cash for operational reasons.The fund manager has the freedom to decide which investments should be held in thefund.You can buy and sell shares in the fund on any business day. Provided we receive yourinstructions before 12 noon, shares will be bought at that day’s price.If you hold Income shares, any income from the fund may be paid out to you quarterly.If you hold Accumulation shares, any income from the fund will be rolled up into thevalue of your investment.In addition to the charges set out in the charges section, the fund will incur portfoliotransaction costs which are paid from the assets of the fund.

M&G Feeder of Property PortfolioSterling Class I – Income shares ISIN no. GB00B842HT59Sterling Class I – Accumulation shares ISIN no. GB00B7SX7S61Managed by M&G Securities Limited, which is part of the Prudential Group

Risk and reward profile• The value of investments and the income from them will rise and fall. This will causethe fund price, as well as any income paid by the fund, to fall as well as rise. Thereis no guarantee the fund will achieve its objective, and you may not get back theamount you originally invested.

• As mentioned below in the risks of the M&G Property Portfolio, the price of sharesin M&G Property Portfolio may be subject to significant price movements. As theprice of units in the M&G Feeder of Property Portfolio is largely based on the priceof shares in M&G Property Portfolio, a change in the pricing basis of shares in M&GProperty Portfolio will therefore result in a similar change in the price of units ofM&G Feeder of Property Portfolio.

• For large deals, the dealing price investors receive may be different from thepublished price. If investors are buying units, they may receive a price that is higherthan the quoted offer price. If investors are selling units, they may receive a pricethat is lower than the quoted bid price.

• The following are extra risks that apply to the M&G Property Portfolio:• Each day we value the assets of the fund invests mainly in one type of asset. It istherefore more vulnerable to market changes for that specific type of asset. Thistype of fund can carry a higher risk and can experience bigger price gains and fallswhen compared to a fund which invests in more types of

• Each day we value the assets of the fund on both an ‘offer’ basis (how much itsassets would cost to buy) and a ‘bid’ basis (how much the fund would receive ifassets were sold). The difference between the two prices reflects the costs of buyingand selling properties, in particular Stamp Duty Land Tax paid on purchases whichcan account for up to 5% of the property value. The published dealing prices are oneither the ‘offer’ basis or ‘bid’ basis, depending on whether people are generallybuying fund shares (the fund is in ‘net inflow’) or selling shares (the fund is in ‘netoutflow’). The pricing basis did not change during 2017. However, a change in thepricing basis during 2017 would have resulted in a price movement of between5.51% and 6.26% (5.84% as at 14 February 2018).

• If significant numbers of investors withdraw their investments from the fund at thesame time, the manager may be forced to dispose of property investments. Thismay result in less than favourable prices being obtained in the market for thoseinvestments.

• Property valuations are provided by an independent valuer and are subject to thejudgement of the valuer.

• Where market conditions make it hard to sell the fund’s investments at a fair priceto meet customers’ sale requests, we may temporarily suspend dealing in the fund’sshares.

• The fund manager will place transactions, hold investments and place cash ondeposit with a range of counterparties (opposite parties). There is a risk thatcounterparties or tenants of properties may default (fail to pay) on their obligationsor become insolvent.

• All of the above risks could have an adverse effect on the value of your investment.• A more detailed description of the risk factors that apply to the fund can be foundin the fund’s Prospectus.

FOPP_GBP_I_UK_K1_EN_UK 28/03/2018 09:11 Page 1

ChargesThe charges shown in the table are used to pay the costs of running the fund, includingthe costs of marketing and distributing it. These charges reduce the potential growthof your investment.


Entry charge 0.00%Exit charge 0.00%The entry charge is the maximum that might be taken out of your money before it is invested.





The entry and exit charges shown are the maximum figures and, in some cases, youmay pay less. You can find out the exact charges which apply to your investment bycontacting your financial adviser or distributor or, if you have invested directly with us,you can contact us using the details given in the practical information section.The ongoing charge is based on expenses for the year ending 30 September 2017.This figure may change from year to year. It excludes portfolio transaction costs.For Income shares, the ongoing charge is taken from investments held in the fund’sportfolio and not from the income these investments produce. The deduction of thischarge will reduce the potential growth of your investment.

For more information on charges, please see the relevant sections of theProspectus at www.mandg.co.uk/literature

Past performance

• Past performance is not a guide to future performance.• The past performance calculation includes UK taxes. It does not take into accountthe entry and exit charges, but does take into account the ongoing charge, as shownin the charges section.

• The Fund launched on 18 January 2013. The Sterling Class I Accumulation shareclass and Sterling Class I Income share class launched on 18 January 2013.

• M&G Feeder of Property Portfolio Sterling Class I shares do not have 10 completeyears of past performance information available as they launched on 18 January2013. Therefore, past performance information for M&G Property Portfolio SterlingClass S units (a unit trust which commenced termination on 18 January 2013) hasbeen used for the period shown prior to this date.

Fund

(20.2)

20.0

2008

%

15.010.05.00.0

(5.0)(10.0)(15.0)(20.0)(25.0)

2009 2010 2011 2012 2013 2014 2015 2016 2017

9.0 6.94.2

1.16.2

14.08.6

(7.1)

6.9

180327174948 UK K1 FOPP GBP I EN

UK 0002 0000

Practical informationThe trustee is National Westminster Bank plc.For more information about this fund, please visit www.mandg.co.uk/literature where you will find a copy of the Prospectus, and latest annual or interim Investment Report and Financial Statements. Thesedocuments are in English and are available free of charge. Our website also provides other information such as share prices.For more information about this fund, please visit www.mandg.co.uk/literature where you will find a copy of the Prospectus, Instrument of Incorporation, and the latest annual or interim Investment Reportand Financial Statements. These documents are in English and are available free of charge. Our website also provides other information such as share prices.UK tax laws apply to the fund, and this may affect your personal tax position. Please speak to an adviser for more information.Other share classes may exist for the fund as set out in the relevant Prospectus.For up-to-date details of the staff remuneration policy that applies to M&G Securities Limited, including a description of how remuneration and benefits are calculated, the make-up of the remunerationcommittee, and the identities of persons responsible for awarding the remuneration and benefits, please visit www.mandg.co.uk/remuneration. We will provide a paper copy of this information, free ofcharge, if you require one.

This Fund is authorised in the UK and regulated by the Financial Conduct Authority. M&G Securities Limited is authorised in the UK and regulated by the Financial Conduct Authority.This key investor information is accurate as at 2 April 2018.

FOPP_GBP_I_UK_K1_EN_UK 28/03/2018 09:11 Page 2

This document provides you with key investor information about this fund. It is not marketing material. Theinformation is required by law to help you understand the nature and the risks of investing in this fund. You are advisedto read it so you can make an informed decision about whether to invest.

Objectives and investment policyObjective The investment objective of the Fund is to maximiseinvestment return through income but with some capital growthover the medium (5 years) to long (7 years) term.Policy The Fund invests predominantly in high quality fixed orfloating rate sterling denominated bonds issued by companies. TheFund has a target duration of less than five years. The Fund mayuse derivatives, but for efficient portfolio management purposesonly.Recommendation The Fund may not be appropriate forinvestors who plan to withdraw their money within 5 years.

Concepts to understandBonds Securities that represent an obligation to repay a debt,with interest. Investment grade bonds are high quality bonds thatare viewed as being highly likely to make all scheduled paymentsof interest and principal. Low quality bonds carry higher risk butalso typically pay higher rates of interest.Derivative A financial instrument whose price is dependent uponor derived from one or more underlying asset.Efficient Portfolio Management An investment techniquethat allows the use of derivatives for at least one of the followingpurposes: to increase the value of the Fund; to protect the value ofthe Fund or to reduce the risks of certain investments.Duration Measures the sensitivity of the price of a bond to achange in interest rates. Duration is measured in years. A lowerduration means there will be a smaller impact on the price of abond for a given change in interest rates with a higher durationresulting in a larger movement in the price of a bond. The changein the price of a bond has an inverse relationship with the changein interest rates.You can buy and sell your shares on each working day, except publicholidays, at 12:00 noon if you tell us before 12:00 noon that youwant to do so. Instructions received after 12:00 noon will beprocessed at 12:00 noon on the following working day.The following share classes are available for the Fund: Income Mand Income Z. All share classes are subject to a minimuminvestment. If this is an income share class, any income will bepaid out to you. If this is an accumulation share class, any incomewill be reinvested in the Fund.


1 2 3 4 5 6 7

Lower potential risk/reward Higher potential risk/rewardThe Fund is ranked in risk category 3 because its simulated unitprice has shown a low to medium level of volatility historically. TheSRRI was calculated using some synthetic data and may not be areliable indication of the future risk profile. As an investment,bonds are typically more volatile than money market instrumentsbut less volatile than shares. Bonds issued by corporations aretypically more volatile than bonds issued by governments.The risk and reward indicator is not a measure of the expected riseor fall in capital but shows how sharply the Fund’s share price hasgone up and down historically.A fund whose share price has experienced sharp or large increasesor decreases will sit in a higher risk category, whereas a fundwhose share price has experienced small or gradual increases ordecreases will sit in a lower risk category.The indicator is calculated using a standard methodology that isused by all companies offering such funds in Europe.The risk/reward indicator is an estimate and not a guarantee.Going forward, the Fund’s actual volatility could be higher orlower, and its rated risk/reward profile could change. The lowestrisk category does not mean the investment is risk free.The risk indicator does not adequately capture the following risks,which are materially relevant to the Fund:Credit Risk Issuers of certain fixed income securities couldbecome unable to make income or capital payments on their debt.As such the value of a security will fall in the event of a ratingdowngrade or default of the issuer. In general fixed incomesecurities that pay a higher level of income usually have a lowercredit rating because of the increased risk of default.Interest Rate Risk Fixed interest securities are particularlyaffected by trends in interest rates and inflation. If interest rates goup, the value of capital may fall, and vice versa. Inflation will alsodecrease the real value of capital.Liquidity Risk In difficult market conditions the value of certainfund investments may be less predictable than normal. In somecases this may make such investments harder to sell at the lastquoted market price, or at a price considered to be fair. Suchconditions could result in unpredictable changes in the value ofyour holding.For more about fund risks, see the risk factors section in the fullProspectus (www.rlam.co.uk/Home/Individual-Investor/Fund-Performance--Prices/)


Royal London Short Duration Credit Fund(Income - Class Z Shares)A sub-fund of Royal London Bond Funds ICVC ISIN: GB00BD050B66Managed by Royal London Unit Trust Managers Limited

1 of 2

ChargesThe charges you pay are used to pay the costs of running the Fund,including the costs of marketing and distributing the Fund. Thesecharges reduce the potential growth of the investment.

One-off charges taken before or after you invest:

Entry charge 0.00%

Exit charge 0.00%

Charges taken from the fund over a year:


Charges taken from the fund under specific conditions:

Performance fee noneThe entry and exit charge is the maximum that might be taken outof your money before it is invested or before the proceeds of yourinvestment are paid out.For the entry and exit charges, if you are not eligible for this shareclass you will pay more than the amounts shown. Consult yourfinancial adviser.Ongoing charges figure is based on expenses for the year ending 31October 2017. This figure may vary from year to year and does notinclude portfolio transaction costs. Ongoing charges are the samefor all investors.For more about charges, see the expenses section in the fullProspectus and supplement (www.rlam.co.uk/Home/Individual-Investor/Fund-Performance--Prices/)

Past performanceThe graph shows fund performance over the past 5 years whereavailable. Past performance is no guarantee of future performance.The figure for a given year shows how much the Fund increased ordecreased in value during that year. These results reflect ongoingcharges taken from the Fund, but do not reflect any entry chargesyou might have to pay.The Fund and share class were launched on 11 July 2013.

The Royal London Short Duration Credit Fund(Income - Class Z Shares) in GBP

0%

1%

2%

3%

4%

5%

6%

2013 2014 2015 2016 2017

4.9

1.6

5.4

4.7

FundSource: RLAM and Datastream as at 31 December 2017

Past performance is not a guide to future performance and may notbe repeated. The value of investments may go down as well as upand you may not get back the amount you originally invested.The chart shows performance in British pounds after the ongoingcharges and the portfolio transaction costs have been paid. Entryand exit charges are excluded from calculations of pastperformance.


Depository HSBC Bank plc

Additional Information: This Key Investor InformationDocument (KIID) may not contain all the information youneed. For additional information on this fund (including theSupplementary Information Document), on other shareclasses of this fund and on other funds, or to obtain a freecopy of the Fund’s Prospectus or the annual and semi-annual shareholder reports, call the information line orwrite to the registered office, details of which are below.Alternatively, visit www.rlam.co.uk. The Prospectus andshareholder reports are in English.

This document describes one share class of the Fund. TheProspectus and annual and semi-annual shareholder reportsare prepared for the entire fund across all share classes.

For fund performance and most recent share price, visitwww.rlam.co.uk.

Should you wish to switch share classes or funds, please seethe “Switching” section of the Prospectus for details.

Tax: Investors should note that the tax legislation thatapplies to the Fund may have an impact on the personal taxposition of their investment in the Fund. Contact youradviser to discuss tax treatment, suitability of thisinvestment, and other questions.

Notices: Royal London Unit Trust Managers may be heldliable solely on the basis of any statement contained in thisdocument that is misleading, inaccurate or inconsistent withthe relevant parts of the Prospectus for the UCITS.

The Fund is a sub-fund of Royal London Bond Funds ICVC(a UCITS umbrella company). The prospectus and longreports (shareholder reports) are prepared for the entirecompany. The assets and liabilities of each sub-fund aresegregated by law. Therefore, the assets of the Fund belongexclusively to it and are not available to meet the liabilities ofany other fund of Royal London Bond Funds ICVC.

This Fund is authorised in the United Kingdom andregulated by the Financial Conduct Authority (FCA).

Details of the Company's remuneration policy are availableat www.rlam.co.uk including: (a) a description of howremuneration and benefits are calculated; and (b) theidentities of persons responsible for awarding remunerationand benefits. A paper copy of these details may be obtained,free of charge, on request from the Company, at the addressbelow.

Address: Royal London Asset Management55 Gracechurch Street, London EC3V 0RL

Telephone: 03456 04 04 04

Website: www.rlam.co.uk

A member of the Investment Association

Publication Date: This Key Investor Information isaccurate as at 9 February 2018.

Key Investor Information2 of 2

Royal London Short Duration Credit Fund(Income - Class Z Shares)

� Key Investor InformationThis document provides you with key investor information about this Fund. It is not marketing material. The information isrequired by law to help you understand the nature and the risks of investing in this Fund. You are advised to read it soyou can make an informed decision about whether to invest.

JPM Global Macro Opportunities Fund C - Net Accumulationa Share Class of JPM Global Macro Opportunities Funda Fund of JPMorgan Fund ICVC ISIN GB00B4WKYF80

The Authorised Corporate Director ("ACD") is JPMorgan Funds Limited

Objective and Investment Policy

Investment Objective: To provide positive investment returns over arolling 3 year period in all market conditions by investing in securitiesglobally, using financial derivative instruments where appropriate. Apositive return is not guaranteed over this or any time period and acapital loss may occur.

Investment Policy: The Investment Adviser uses an investment processbased on macroeconomic research to identify global investment themesand opportunities. The Investment Adviser uses a flexible asset allocationapproach, using a broad range of asset classes, instruments andtechniques. Allocations may vary significantly and exposure to certainasset classes, markets, sectors or currencies may be concentrated fromtime to time, in response to market conditions and opportunities.

The Investment Adviser will invest, directly or through the use of FinancialDerivative Instruments (derivatives), in global Equity securities (includingsmaller capitalisation companies), Bonds, (including up to 100% ingovernment and public securities, below investment grade and unrateddebt securities), Commodity Index Instruments, currencies, ConvertibleSecurities, collective investment schemes and cash and cashequivalents. Issuers of securities may be located in any country,including Emerging Markets.

The Investment Adviser may have net Long or net Short Positionexposure to asset classes, industry sectors, markets and /or currenciesdepending upon market conditions and opportunities. This may result ina net short position at the overall Fund level. Long Positions will be

achieved directly or through the use of Financial Derivative Instruments,and Short Positions will be achieved via the use of Financial DerivativeInstruments only.

The Fund may use Financial Derivative Instruments (derivatives) forinvestment purposes or Efficient Portfolio Management includinghedging, where appropriate.

Although most of the non-Sterling securities will be hedged back intoSterling, the Investment Adviser will also use opportunities in the foreignexchange market to maximise returns.

The Fund may invest in China A-Shares via the China-Hong Kong StockConnect Programmes.

Redemption and Dealing: Shares of the Fund may be redeemed ondemand, with dealing normally on a daily basis.

Management Discretion: The Investment Adviser has the discretion tobuy and sell investments on behalf of the Fund within the limits of theObjective and Investment Policy.

Benchmark: The benchmark of the Fund is ICE 1 Month GBP LIBOR.The benchmark is a point of reference against which the performance ofthe Fund may be measured. The Fund will be managed without referenceto its benchmark.

Distribution Policy: This Share Class will reinvest income.For an explanation of some of the terms used in this document, pleasevisit the glossary on our website at www.jpmorgan.co.uk/kiid-glossary.



Potentially lower reward Potentially higher reward

1 2 3 4 5 6 7

The above rating is based on the historic volatility of the simulated NetAsset Value of the Share Class over the last five years and the volatilitywhich is consistent with the risk limit of the Sub-Fund.

The risk and reward category shown above is not guaranteed to remainunchanged and may change over time.

A Share Class with the lowest risk rating does not mean a risk-freeinvestment.

Why is this Share Class in this category? This Share Class is classifiedin category 6 because its simulated Net Asset Value has shown highfluctuations historically and this category is consistent with the risk limit ofthe Sub-Fund.

Other material risks:D The value of your investment may fall as well as rise and you may getback less than you originally invested.

D The Fund aims to provide a positive return in any market conditionsover a rolling 3 year period, although this is not guaranteed.

D The Fund can use sophisticated investment techniques that differ fromthose used in traditional equity funds.

D The Fund should not be used as a substitute for liquidity funds or cashaccounts.

D The Sub-Fund uses financial derivative instruments for investmentpurposes. The value of financial derivative instruments can be volatileand may result in gains or losses in excess of the amount requiredinitially to establish a position in the derivative. The ACD is required todisclose in Appendix A of the Prospectus the sum of the grossnotional exposure of the financial derivative instruments used(including those used for hedging or efficient portfolio management)as the expected level of leverage. However, this figure does not takeinto account whether the instrument increases or decreases

investment risk and so may not be representative of the overall levelof investment risk in the Sub-Fund.

D Some financial derivative instruments (derivatives) traded on anexchange may be illiquid, and as a result, may need to be held untilthe derivative contract position expires. This may have an adverseimpact on the return of the Fund.

D The value of equity and equity-linked securities may fluctuate inresponse to the performance of individual companies and generalmarket conditions.

D The value of bonds and other debt securities may change significantlydepending on market, economic and interest rate conditions as wellas the creditworthiness of the issuer. Issuers of bonds and other debtsecurities may fail to meet payment obligations (default) or the creditrating of bonds and other debt securities may be downgraded. Theserisks are typically increased for below investment grade and certainunrated securities, which may also be subject to higher volatility andbe more difficult to sell than investment grade securities.

D The Fund invests opportunistically and exposure to the markets mayvary substantially over a short period of time depending on marketconditions. Therefore the Fund may not be fully invested in risingmarkets; conversely the Fund could be more than fully invested in afalling market. In both circumstances the performance of the Fundwould suffer.

D To the extent that any underlying assets of the Fund are denominatedin a currency other than Sterling and are not hedged back to Sterling,movements in currency exchange rates can adversely affect thereturn of your investment. The currency hedging that may be used tominimise the effect of currency fluctuations may not always besuccessful.

D The value of securities in which the Fund invests may be influenced bymovements in commodity prices which can be very volatile.

D Emerging markets may be subject to increased political, regulatoryand economic instability, less developed custody and settlement

practices, poor transparency and greater financial risks. Emergingmarket currencies may be subject to volatile price movements.Emerging market securities may also be subject to higher volatilityand be more difficult to sell than non-emerging market securities.

D The Fund may invest in China A-Shares through the China-Hong KongStock Connect Programmes which are subject to regulatory change,quota limitations and also operational constraints which may result inincreased counterparty risk.

D The Fund invests in securities of smaller companies which may bemore difficult to sell, more volatile and tend to carry greater financialrisk than securities of larger companies.

D The possible loss from taking a short position on a security (usingfinancial derivative instruments) may be unlimited as there is norestriction on the price to which a security may rise. The short sellingof investments may be subject to changes in regulations, which couldadversely impact returns to investors.

D The Fund may be concentrated in a limited number of securities,industry sectors or countries and as a result, may be more volatilethan more broadly diversified funds.

D Further information about risks can be found in "Part 11: RiskWarnings" of the Prospectus.

Charges


Entry charge None

Exit charge None

This is the maximum that might be taken out of your money before it isinvested or before the proceeds of your investment are paid out.

Charges taken from this Share Class over a year


Charges taken from this Share Class under certain specificconditions

Performance fee: None

D The actual entry and exit charges paid may be less. Information oncharges can be obtained from the investor's financial adviser.

D The Prospectus permits a fee to be charged for switching betweenFunds but this fee is currently waived by the Authorised CorporateDirector.

D The ongoing charge is an estimate based on the expected total ofcharges.

D Charges are used to pay the costs of running this Share Class. Thesecharges reduce the potential growth of the investment.

D Further information about charges can be found in "Part 5: Chargesand Expenses" section of the Prospectus.

Past Performance

%

Q JPM Global Macro Opportunities Fund C - Net Accumulation(GB00B4WKYF80)

Q Benchmark

2013 2014 2015 2016 2017

10.3 11.8 -3.2 16.0

0.5 0.5 0.4 0.3

D Past performance is not a guide to future performance.D Performance data has been calculated including tax, ongoingcharges and portfolio transaction costs and excluding entry and exitcharges, in GBP.

D Fund launch date: 2013.D Share Class launch date: 2013.


Depositary: The fund depositary is National Westminster Bank Plc.

Further Information: A copy of the Prospectus and latest annual andsemi-annual financial report in English can be downloaded or orderedonline from www.jpmorgan.co.uk/investor or are available free of chargeupon request from our UK-based Investor Services Team on 0800 20 4020 (or +44 1268 44 44 70 if calling from outside the UK) or by writing to J.P. Morgan Asset Management, Client Administration Centre, PO Box12272, Chelmsford, CM99 2EL.

Share prices can be obtained online at www.jpmorgan.co.uk/investor orby telephoning 0800 20 40 20 (or +44 1268 44 44 70 if calling fromoutside the UK).

Please note if you call J.P. Morgan Asset Management, calls may berecorded and monitored for security and training purposes.

Remuneration Policy: The ACD's Remuneration Policy can be found onhttps://am.jpmorgan.com/gb/en/asset-management/gim/awm/legal/emea-remuneration-policy. This policy includes details of how remuneration andbenefits are calculated, including responsibilities and composition of thecommittee which oversees and controls the policy. A copy of this policycan be requested free of charge from the ACD.

Tax: The Fund is subject to UK tax regulations. This may have an impacton an investor's personal tax position.

Legal Information: JPMorgan Funds Limited may be held liable solely onthe basis of any statement contained in this document that is misleading,inaccurate or inconsistent with the relevant parts of the Prospectus.

JPMorgan Fund ICVC consists of separate Funds, each of which issuesone or more Share Classes. This document is prepared for a specificShare Class. The Prospectus and annual and semi-annual financialreports are prepared for JPMorgan Fund ICVC.

The Fund is part of JPMorgan Fund ICVC. The assets and liabilities ofeach fund in JPMorgan Fund ICVC are segregated by law. This meansthat the assets of the Fund belong exclusively to the Fund and will not beused to pay the liabilities of any other person or body, includingJPMorgan Fund ICVC or any other Fund within JPMorgan Fund ICVC.

Switching and Conversion: Investors may switch into Shares of anotherFund of JPMorgan Fund ICVC or convert Shares in one Class in a Fund toShares of another Class in the same Fund subject to meeting any relevanteligibility requirements and minimum holding amounts. Furtherinformation can be found in "section 4.3.10 - Switching and Conversionof Shares" of the Prospectus.

This Fund is authorised in the United Kingdom and regulated by the Financial Conduct Authority (FCA).JPMorgan Funds Limited is authorised in the United Kingdom and regulated by the FCA.This Key Investor Information is accurate as at 09/02/2018.

-10

-5

0

5

10

15

20

DocID: KIID_IE00BLP5SB37_en_160218_U1 (GBP) Hedged Accumulation Shares

This document provides you with key investor information about this Fund. It is not marketing material. The information is required by law to help you understand the nature and the risks of investing in this Fund. You are advised to read it so you can make an informed decision about whether to invest.

Old Mutual Global Equity Absolute Return Fund U1 (GBP) Hedged Accumulation Shares (IE00BLP5SB37)

Objective: capital growth, while closely controlling risk. The Fund also aims to deliver an absolute return (above zero performance, irrespective of market conditions) over rolling 12 month periods.

Policy: the Fund aims to achieve its objective within a volatility limit of up to 6 per cent.

The Fund may invest in company shares and similar investments listed or located anywhere in the world. The Fund will adopt a structured neutral position (balancing long and short positions aiming to build a portfolio with zero market exposure) at all times. The Fund will hold a long position (benefit from buying an asset with the aim of selling it later at a higher price relative to the market) in an investment expected to outperform the market, and short (benefit from the sale of an asset with the aim of buying it later at a lower price relative to the market) an investment expected to underperform the market.

The Fund uses derivatives (i.e. financial contracts whose value is linked to the expected price movements of an underlying investment), with the aim of generating returns and reducing the overall costs and/or risks of the Fund. The Fund can take long and short positions through the use of derivatives, which may result in the Fund being leveraged. Leverage magnifies the exposure of the Fund to greater than the underlying investments. In such

situations, returns may rise or fall more than they would have done otherwise, reflecting such additional exposure.

The Fund also aims to protect against exchange rate movements between the Fund's base currency and the share class currency by hedging.

Portfolio construction is driven by systematic analysis of companies against several distinct characteristics including stock price valuation, balance sheet quality, growth characteristics, efficient use of capital, analyst sentiment and supportive market trends to identify attractively priced investment opportunities.

Recommendation: the Fund may not be appropriate for investors who plan to withdraw their money within 5 years.

Treatment of income: as shares in this class are accumulation shares, income from investments will be reinvested into the Fund and reflected in the value of the shares.

Dealing: you can buy and sell shares on business days where retail banks are open for business in Dublin and London (excluding Saturdays, Sundays and public holidays).

The calculated risk and reward category, as shown above, uses a method of calculation derived from EU rules. It is based on the rate at which the returns of the Fund have moved up and down in the past (i.e. volatility) and is not a guide to the future risk and reward category of the Fund. The category shown is not a target or guarantee and may shift over time. Even the lowest category 1 does not mean a risk-free investment. The seven-category scale is nonlinear, for example, 2 is not twice as risky as 1.

Funds in category 4 have in the past shown moderate volatility. With a fund of category 4, you have a moderate risk of losing money but your chance for gains is also moderate.

Investment risk - whilst the Fund aims to deliver above zero performance irrespective of market conditions, there can be no guarantee this aim will be achieved. A capital loss of some or all of the amount invested may occur.

Currency risk - the Fund is denominated in US Dollars and may use techniques to try to reduce the effects of changes in the exchange rate

between the currency of the underlying investments and the base currency of the Fund. These techniques may not eliminate all the currency risk. This share class is denominated in British Pounds. The hedging process may not give a precise hedge, and some currency risk may remain. The value of your shares may rise and fall as a result of exchange rate movements between these currencies.

Derivative risk - the Fund uses derivatives to generate returns and/or to reduce costs and the overall risk of the Fund. Using derivatives can involve a higher level of risk. A small movement in the price of an underlying investment may result in a disproportionately large movement in the price of the derivative investment. Derivatives also involve counterparty risk where the institutions acting as counterparty to derivatives may not meet their contractual obligations.

Capital erosion risk - the Fund takes its charges from the income of the Fund in the first instance. The impact of Fund charges may be material on the value of any income you receive from your investment. There is potential for capital erosion if insufficient income is generated by the Fund to cover these charges. Capital erosion may have the effect of reducing the level of income generated.

For a more detailed explanation of risks, please refer to the "Risk Factors" section of the prospectus.

These charges are used to pay the costs of running the Fund, including the costs of marketing and distribution. Overall, they reduce the growth of your investment.

The charges shown are the maximum figures. In some cases you might pay less. You can find out your actual charges from your financial adviser or distributor.

The ongoing charges figure is based on the expenses of the Fund for the 12 month period ending December 2017. This figure may vary from year to year. It excludes portfolio transaction costs, except in the case of an entry/exit charge paid by the Fund when buying or selling shares in another collective investment undertaking.

It is not the intention for a switching charge (2.50%) to apply but the Fund reserves the right to impose a switching charge in the future.

In the Fund's last financial year, the performance fee was 1.65% of the value of the share class. 1.65% represents the actual performance fee charged for the year ending 31/12/2017 as a percentage of the weighted average net asset value of the share class for the same period.

You can find out more details about the charges by looking at the section of the prospectus.

U1 (GBP) Hedged Accumulation Shares

Past performance is not a guide to future performance.

The past performance shown does not take into account any entry or exit charges but does take into account the ongoing charge, as shown in the Charges section.

The value of the class is calculated in British Pounds.

The Old Mutual Global Equity Absolute Return Fund (the “Original Fund”) was launched on 30/06/2009 as a Sub-Fund of Old Mutual Dublin Funds plc and was merged on 30/05/14 into the Old Mutual Global Equity Absolute Return Fund, a newly created Sub-Fund of Old Mutual Global Investors Series plc. This class started to issue shares on 01 May 2014.

The Fund’s assets are held with its depositary, Citi Depositary Services Ireland Designated Activity Company.

Old Mutual Global Equity Absolute Return Fund is a sub-fund of Old Mutual Global Investors Series Plc (the "Company"). The assets of this sub-fund are segregated from other sub-funds in the Company.

Further information about the Company, copies of its prospectus, annual and half-yearly reports may be obtained, for the entire Company, free of charge (the prospectus is available in English and other required languages) from the administrator, Citibank Europe plc, at 1 North Wall Quay, Dublin 1 Ireland or visit www.omglobalinvestors.com.

Details of the Company's remuneration policy are available at www.omglobalinvestors.com. A paper copy of the remuneration policy will be made available free of charge upon request.

The latest share prices are available from the administrator during normal business hours and will be published daily at www.omglobalinvestors.com.

You may switch your shares to the shares of another sub-fund of the Company. A fee may apply. For further details, please refer to the Conversion of Shares section in the prospectus.

This Fund is subject to tax laws and regulations of Ireland. Depending on your home country of residence, this might have an impact on your personal tax position. For further details, please speak to your financial adviser.

Old Mutual Global Investors Series Plc may be held liable solely on the basis of any statement contained in this document that is misleading, inaccurate, or inconsistent with the relevant parts of the prospectus for the Company.

This Fund is authorised in Ireland and regulated by the Central Bank of Ireland.

This Key Investor Information is accurate as at 16 February 2018.


Entry charge None

Exit charge None



Charges taken from the Fund under specific conditions

Performance fee

20.00% of any returns the Fund achieves above the average Bank of England Base Rate, provided the Fund's share price has increased since the last time a performance fee was paid.


This document provides you with key investor information about this fund. It is not marketing material. The information

is required by law to help you understand the nature and the risks of investing in this fund. You are advised to read it

so you can make an informed decision about whether to invest.

1/2

Franklin UK Equity Income Fund

Class W (acc) • ISIN GB00B7DRD638 • A sub-fund of Franklin Templeton Funds

The management company is Franklin Templeton Fund Management Limited

Objectives and Investment Policy

Franklin UK Equity Income Fund (the "Fund”) aims to provide a growing level

of income which is higher than that of the FTSE All-Share Index, and increase

the value of its investments over the medium to long term (meaning 3-5 years).

The Fund invests mainly in:

· equity securities of companies that are included in the FTSE 100 Index

The Fund can invest to a lesser extent in:

· equity securities of UK companies not included in the FTSE 100 Index

· other types of equity securities

· debt securities

The Fund will invest in the equity securities of UK dividend-paying companies

that the fund management team believe are attractively priced, financially

sound, with strong company management and the potential to achieve

sustained growth over time.

As the level of income can vary, this Fund is unlikely to be suitable for investors

looking for a specific amount of income on a regular basis. Similarly, the Fund

may be unsuitable for investors who want a cash-like savings account where

capital is secure and only the interest varies.

You may request the sale of your shares on any UK business day.

The income received from the Fund's investments is accumulated and included

in the value of the shares.

For further information on the Objectives and Investment Policy of the Fund,

please refer to the “Investment Objectives and Policies of the Funds” section of

the current prospectus of Franklin Templeton Funds.

Terms to Understand

Equity securities: Securities that represent an ownership stake in a company.

Debt securities: Securities representing the issuer’s obligation to repay a loan

at a specified date and to pay interest.

FTSE 100 Index: This index comprises the 100 largest companies listed on

the London Stock Exchange. The Index is used to assess the change in value

of the securities which comprise it.

FTSE All Share Index: This index comprises almost every company listed on

the London Stock Exchange and is generally considered to be the best

performance measure of the overall London equity market.


1 2 3 4 5 6 7



What does this indicator mean and what are its limits?

This indicator is designed to provide you with a measure of the price movement

of this share class based on historical behavior.

Historical data may not be a reliable indication of the future risk profile of the

Fund. The category shown is not guaranteed to remain unchanged and may

shift over time.

The lowest category does not mean risk free.

As the share class has no sufficient historical data available, simulated data

based on a representative portfolio model or benchmark have been used

instead.

Why is the Fund in this specific category?

The Fund invests mainly in equity securities listed on the London Stock

Exchange, but may to a lesser extent also invest in debt securities or

convertible securities of UK issuers. Such securities have historically been

subject to price movements due to company-specific factors and movements in

the equity and fixed income markets of the UK generally. As a result, the

performance of the Fund can fluctuate considerably over time.

Risks materially relevant not adequately captured by the indicator:

Liquidity risk: the risk that arises when adverse market conditions affect the

ability to sell assets when necessary. Reduced liquidity may have a negative

impact on the price of the assets.

For a full discussion of all the risks applicable to this Fund, please refer to the

“Risk Factors” section of the current prospectus of Franklin Templeton Funds.

Franklin UK Equity Income Fund

Charges

This Fund is authorised in the United Kingdom and is regulated by the Financial Conduct Authority.

Franklin Templeton Fund Management Limited is authorised in the United Kingdom and is regulated by the Financial Conduct Authority.

This key investor information is accurate as at 27/02/2018.

KII-GB00B7DRD638-GB-en-GB-201802270410

2/2

The charges you pay are used to pay the costs of running the Fund, including

the costs of marketing and distributing it. These charges reduce the potential

growth of your investment.


Entry charge Not applicable*

Exit charge Not applicable

This is the maximum that might be taken out of your money before it is

invested.



Charges taken from the Fund under certain specific conditions

Performance fee Not applicable

*This share class is only available through certain financial advisers which may

apply their own charges. You may find more information about charges from

your financial adviser.

The ongoing charges are based on the expenses for the year ending 31

December 2017. This figure may vary from year to year.

For detailed information about charges, please refer to the “Fees and Charges”

section of the current prospectus of Franklin Templeton Funds.

Past Performance

· Past performance is not a guide to future

performance.

· The past performance shown here includes all the

ongoing charges.

· Past performance is calculated in GBP

· The Fund was launched in 2011 and the present

share class on 31/05/2012.

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

-40.0%

-20.0%

0.0%

20.0%

40.0%

-23.0

-29.9

15.4

30.1

10.9

14.5

3.5

-3.5

12.8

12.3

23.4

20.8

6.9

1.2

5.5

1.0

15.3

16.8

12.0

13.1

Franklin UK Equity Income Fund Class W (acc)

FTSE All-Share Index

(This benchmark is provided for information and indicative purposes only.)

The Franklin UK Equity Income Fund was launched on 17/10/11 to receive the assets of Rensburg UK Equity Income Trust.

Past performance from the start of the performance chart has been simulated and is based on mid-price of the Trust and

from 17/10/11 up to the launch date of the share class has been simulated by taking the performance of another existing

share class of the Fund, which does not differ materially in the extent of its participation in the assets of the Fund.


· The Depositary of Franklin Templeton Funds is The Bank of New York

Mellon (International) Limited.

· You can obtain further information about the Fund, copies of its prospectus

and the latest annual and semi-annual reports of Franklin Templeton Funds

from the website www.franklintempleton.co.uk or free of charge from

Franklin Templeton Fund Management Limited, Cannon Place, 78 Cannon

Street, London EC4N 6HL or your financial adviser. These documents are

each available in English.

· The latest prices and other practical information on the Fund (including

information about the other share classes of the Fund) are available from

Franklin Templeton Fund Management Limited, Cannon Place, 78 Cannon

Street, London EC4N 6HL or www.franklintempleton.co.uk.

· Please note that the United Kingdom taxation regime may have an impact on

your personal tax position. Please consult your financial or tax adviser before

deciding to invest.

· Franklin Templeton Fund Management Limited may be held liable solely on

the basis of any statement contained in this document that is misleading,

inaccurate or inconsistent with the relevant parts of the prospectus of the

Fund.

· The present Fund is a sub-fund of Franklin Templeton Funds. The

prospectus and the annual and semi-annual reports refer to all sub-funds of

Franklin Templeton Funds. All Funds of Franklin Templeton Funds have

segregated assets and liabilities. As a result, each Fund is operated

independently from each other.

· You may exchange shares with another sub-fund of Franklin Templeton

Funds as further described in the prospectus.

· The details of the up-to-date remuneration policy, including, but not limited

to, a description of how remuneration and benefits are calculated, the identity

of persons responsible for awarding the remuneration and benefits including

the composition of the remuneration committee, are available at

www.franklintempleton.co.uk and a paper copy can be obtained free of

charge.


Legal & General UK Index Trust (the "Fund") Class I Accumulation ISIN: GB00B0CNGN12 The authorised fund manager of the Fund is Legal & General (Unit Trust Managers) Limited.


Objective The objective of this Fund is to provide growth by tracking the performance of the FTSE All-Share Index. Investment policy:

The Fund will invest almost entirely in company shares. The Fund's investments will closely match those that make up the Index. The Index consists of a broad spread of UK company shares.

The Fund may use derivatives (contracts which have a value linked to the price of another asset) to: • reduce risk or cost; or • generate additional capital or income with no, or an acceptably low, level of risk.

Other information:

If you hold accumulation units, income from investments held by the Fund (dividends) will be reinvested into the value of your units.


The Fund's base currency is denominated in sterling (British pounds). This Fund is designed for investors looking for growth from an investment in

UK company shares.







The Fund is in category 5 because it invests in company shares which are sensitive to variations in the stock market. The value of company shares can change substantially over short periods of time. Company shares are generally considered to be higher risk investments than bonds or cash.


Even a fund in the lowest category is not a risk free investment.

The value of your investment may fall as well as rise and is not guaranteed. You might get back less than you invest.





The Fund may have underlying investments that are valued in currencies that are different from sterling (British Pounds). Any such investments will be impacted by exchange rate fluctuations and this may affect the value of your investment and any income from it. Currency hedging techniques may be applied to reduce the impact of exchange rate fluctuations but may not entirely eliminate it.



1 2 3 4 5 6 7






Entry charge 0.00%*

Exit charge 0.00%*










The ongoing charges are taken from the income of the Fund. Other costs:

Unit price spread: on any day, the prices for buying or selling units in this Fund are the same. However, there are maximum and minimum prices we can charge for units, reflecting the difference between the buying and selling prices of the assets in the Fund and costs associated with buying and selling the assets. From day to day we will set the unit price between the maximum and minimum depending on whether money is coming into or leaving the Fund. The difference between the maximum and minimum price, which is the most the price can change, can vary but as an example, the maximum price for units in this Fund was 0.56% higher than the minimum price at 31 December 2017.


PAST PERFORMANCE



The performance has been calculated in Sterling (British Pounds). The Fund will not replicate the performance of its benchmark index


The annual return is for a 12 month period ending 31 December. The Fund launched in 1992. This unit class launched in 2005.



You can obtain further information about the Fund including copies of its prospectus, application forms and the latest annual and semi-annual reports at www.legalandgeneral.com/reports. Paper copies of these documents are also available from: Legal & General Investments, PO Box 6080, Wolverhampton WV1 9RB. We provide documents free of charge and in English.







2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Fund -29.3 29.7 14.7 -4.8 12.6 20.6 0.8 1.3 15.8 13.1

Index -29.9 30.1 14.5 -3.5 12.3 20.8 1.2 1.0 16.8 13.1

-40

-30

-20

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40

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This document provides you with key investor information about this fund. It is not marketing material. The information is required by law tohelp you understand the nature and the risks of investing in this fund. You are advised to read it so you can make an informed decision aboutwhether to invest.

Objectives and investment policyThe fund’s objective is to seek sustainable above-average income,consistent with the preservation and growth of your investment overthe long term.

Under normal circumstances, the fund invests mainly in shares fromthe UK, but may also invest in those from companies around theworld.

The fund may also invest in other securities permitted by UCITSregulations. The fund may use investment techniques and derivativesfor efficient portfolio management (including hedging).

The fund is managed at the fund manager’s discretion withoutreference to any benchmark. The manager uses its own analysis toidentify those individual companies that can offer the best overallcombination of price, risk, income and growth prospects.

Designed for: Investors who understand the fund risks, want aninvestment that focuses on income, and intend to invest their moneyfor at least five years.

You can buy and sell units on each business day of the fund between9am and 5pm.

The fund offers accumulation units (units in which any incomepayable by the fund is reinvested) and income units (units in whichany income received in the fund will be paid to the unitholder).

Terms to understandDerivatives: Financial instruments whose value is linked to one ormore rates, indices, share prices or other values.

Hedging: Using techniques to partially cancel out risks.

Shares: For the purposes of the investment policy, securities thatrepresent fractional ownership in a company (as distinct fromportions of this fund).


1 2 3 4 5 6 7

Lower potential risk/reward Higher potential risk/reward(Not risk-free)

This indicator is a measure of the fund’s past volatility (the extent andrapidity of up-and-down movements of the value of an investment). Itmay not be a reliable indication of the fund’s future risk. The riskcategory shown is not a target or a guarantee and may change overtime.

The risk indicator for this fund reflects the following:

— As an asset class, shares have greater risk than either bonds or moneymarket instruments.

The value of investments in the fund and the income from them maygo down as well as up and you may not get back your originalinvestment when you sell your units.

During unusual market conditions, the risks normally experienced bythe fund may increase significantly, and in addition, the fund may besubject to the following risks:

Counterparty risk: The fund could lose money if an entity with whichit does business becomes unwilling or unable to honour itsobligations to the fund.

Currency risk: Changes in currency exchange rates could adverselyaffect fund performance.

Liquidity risk: During difficult market conditions, some securitiesmay become hard to value or sell at a desired price.

Management risk: Investment management techniques that haveworked well in normal market conditions could prove ineffective ordetrimental in extreme market conditions.


Rathbone Income Fund (I-Class)Fund Manager: Rathbone Unit Trust Management LimitedAccumulation units ISIN: GB00B3Q9WG18Income units ISIN: GB00B7FQLQ43

1 of 2

Charges for this fundThe fund manager receives an annual fee, which is included in theongoing charges shown below. Ongoing charges are the same for allinvestors in the same class. The charges shown below are based onactual fees and expenses for the year ending 30 September 2017.

One-off charges taken before or after you invest:

Entry charge none

Exit charge none

Charges taken from the fund over a year:

Ongoing charges 0.79% (Acc units); 0.79% (Inc units)

Charges taken from the fund under specific conditions:

Performance fee none

For more information about charges, please see the ''Charges'' section ofthe fund’s Prospectus, available by calling the Information Line oremailing [email protected].

Past performanceBasis of performance: bid to bid, net income reinvested.

Fund inception: 12 February 1971. I-Class units were launched 1stMarch 2012. Performance is based on the prices for R-Class units priorto that date.

Rathbone Income Fund I-Class in GBP

-40%

-30%

-20%

-10%

0%

10%

20%

30%

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017-34.0% 24.4% 19.6% 0.6% 15.0% 24.9% 7.0% 9.4% 8.4% 8.2%

-32.8% 25.0% 10.9% -6.7% 12.3% 20.8% 1.2% 1.0% 16.8% 13.1%

FundFTSE All Share Index (no formal benchmarks, used for comparison only)

Source: Financial Express and Rathbones

Practical informationTrustee: National Westminster Bank Plc.

Additional information: This Key Investor InformationDocument (KIID) may not contain all the information youneed. For additional information on the fund (including theSupplementary Information Document), on other units of thisfund and on other funds, or to obtain a free copy of the fund’sProspectus or the annual and semi-annual unitholder reports,call the Information Line or write to the registered office,details of which are below. Alternatively, visit rutm.com. TheProspectus and unitholder reports are in English.

For fund performance and most recent unit price, go torutm.com.

Notices: Rathbone Unit Trust Management Limited may beheld liable solely on the basis of any statement contained inthis document that is misleading, inaccurate or inconsistentwith the relevant parts of the Prospectus for the fund.

The up-to-date remuneration policy of the fund manager,including, but not limited to, a description of how remunerationand benefits are calculated, the identity of persons responsiblefor awarding the remuneration and benefits, including thecomposition of the remuneration committee, is available free ofcharge upon request at the fund manager’s registered office. Asummary thereof is available on rutm.com/pi/faq.aspx.

Tax: Investors should note that the tax legislation that appliesto the fund may have an impact on the personal tax position oftheir investment in the fund.

Contact your adviser to discuss tax treatment and thesuitability of this investment.

Address: Rathbone Unit Trust Management Limited8 Finsbury Circus, London EC2M 7AZ

Information line: 020 7399 0399

Telephone: 020 7399 0000

Facsimile: 020 7399 0057

Email: [email protected]

Website: rutm.com

A member of the Rathbone Group. Registered No. 2376568

Publication date: This Key Investor Information Document isaccurate as at 29 January 2018.

This fund and Rathbone Unit Trust Management Limited areauthorised and regulated by the Financial Conduct Authority(FCA).

2 of 2

KEY INVESTOR INFORMATIONThis document provides you with key investor information about this fund. It is not marketingmaterial. The information is required by law to help you understand the nature and the risks ofinvesting in this fund. You are advised to read it so you can make an informed decision aboutwhether to invest.

THREADNEEDLE UK EQUITY INCOME FUND (THE "FUND")Class Z Accumulation Shares (GBP) GB00B888FR33, a sub-fund of Threadneedle Investment Funds ICVC (the "Company"), regulated by theFCA.This sub-fund is managed by Threadneedle Investment Services Limited (the "Management Company") (part of the Columbia andThreadneedle group of companies).

Objectives and Investment PolicyThe aim of the Fund is to provide income with the potential to growthe amount you invested.

The Fund invests at least two-thirds of its assets in shares of UKcompanies.

The Fund may also invest in asset classes and instruments differentfrom those stated above.

Income from investments in the Fund will be added to the value ofyour shares.

You can buy and sell shares in the Fund on any day that is abusiness day in London. You can find more detail on the objectivesand investment policy of the Fund in the section of the prospectuswith the heading “Investment Objectives, Policies and Other Detailsof the Funds”.

The fund manager will make reference to the FTSE All-Share indexas part of the investment process. The Fund does not aim to trackthe index, and will not hold every security in the index and in theorymay hold none. The fund manager may also invest in securities thatare not in the index. The FTSE All-Share index is also consideredas part of Columbia Threadneedle’s investment risk monitoringprocess, to ensure the overall level of risk taken by the fundmanager is not inconsistent with the index.

Risk and Reward ProfileThe Risk and Reward Indicator table demonstrates where the Fundranks in terms of its potential risk and reward. The higher the rankthe greater the potential reward but the greater the risk of losingmoney. It is based on past data, may change over time and may notbe a reliable indication of the future risk profile of the Fund. Theshaded area in the table below shows the Fund’s ranking on theRisk and Reward Indicator.

Lower Risk,Typically lower rewards

Higher Risk,Typically higher rewards

1 2 3 4 5 6 7

nThe Fund is rated 5 because historically it has shown a medium tohigh level of volatility (how much the value of the Fund goes upand down).nThe lowest category does not mean a risk-free investment.nThe value of investments can fall as well as rise and investors

might not get back the sum originally invested.nWhere investments are in assets that are denominated in multiple

currencies, or currencies other than your own, changes inexchange rates may affect the value of the investments.nThe Fund may invest in derivatives with the aim of reducing risk or

minimising the cost of transactions. Such derivative transactionsmay benefit or negatively affect the performance of the Fund. TheManager does not intend that such use of derivatives will affectthe overall risk profile of the Fund.nThe risks currently identified as applying to the Fund are set out in

the “Risk Factors” section of the prospectus.

Page 1 of 2

ChargesThe charges you pay are used to pay the costs of running the Fund,including the costs of marketing and distributing it. These chargesreduce the potential growth of your investment.

One-off charges taken before or after you investEntry Charge: 3.00%Exit Charge: 0.00%These are the maximum charges that we might take out of yourmoney before it is invested. In some cases, you might pay lessand you should speak to your financial adviser about this.

Charges taken from the fund over a yearOngoing Charges: 0.82%Charges taken from the fund under specific conditionsPerformance Fee: NONE

The ongoing charges figure is based on expenses for the yearending 07/03/17. This figure may vary from year to year. It excludesthe costs of buying or selling assets for the Fund (unless theseassets are shares of another fund).

All or part of the fees and expenses of the company may becharged against capital instead of against income.

Past Performance

-10%

-5%

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5%

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15%

20%

25%

30%

35%

40%

30/09

Fund Index*

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017-- -- 16.1 0.4 16.3 29.4 6.6 4.4 13.8 7.4-- -- 14.5 -3.5 12.3 20.8 1.2 1.0 16.8 13.1

Source: Morningstar

Past performance is not a guide to future performance.Fund launch date: 30/09/1985Share/unit class launch date: 01/10/2012Performance is calculated in GBP.All charges and fees, except any entry, exit and switchingcharge, have been included within the performance.¯ Past performance before share class launch date includes

data for another share / unit class or fund with similarcharacteristics.

Please refer to www.columbiathreadneedle.com for furtherdetails.*FTSE All-Share (Although the Fund makes reference to theindex as part of the investment process, it is not intended thatthe performance of the Fund should track the index.)

Practical InformationnDepositary: Citibank Europe plc, UK branch.nYou can obtain further information regarding the Fund, the Company, its Prospectus, latest annual reports and any subsequent half-yearly

reports free of charge from the Management Company. The documents are available in English, French, German, Portuguese, Italian,Spanish and Dutch (no Dutch Prospectus). You can obtain other practical information, including current share prices, atcolumbiathreadneedle.com.nDetails of the remuneration policy, including a description of how remuneration and benefits are calculated and the persons responsible for

awarding them (including the composition of the remuneration committee), are available at columbiathreadneedle.com. A paper copy isavailable free of charge upon request.nThe tax legislation of the United Kingdom may have an impact on your personal tax position.nThreadneedle Investment Services Limited may be held liable solely on the basis of any statement contained in this document that is

misleading, inaccurate or inconsistent with the relevant parts of the prospectus for the UCITS.nThis document describes a single fund of the Company. The prospectus and reports are prepared for the entire Company.nThe assets of the Fund are segregated by law cannot be used to pay the liabilities of other funds of the Company.nYou may exchange your shares for shares of other funds of the Company, if available. Details can be found in the section of the

prospectus with the heading "Switching/Converting". Details of other share classes of the Fund can be found in the Prospectus or atcolumbiathreadneedle.com.

This Fund is authorised in the United Kingdom, and regulated by the Financial Conduct Authority. Threadneedle Investment ServicesLimited is authorised in the United Kingdom, and regulated by the Financial Conduct Authority.

This Key Investor Information is accurate as at 12/01/2018. Page 2 of 2en-GB


Legal & General All Stocks Index Linked Gilt Index Trust (the "Fund") Class I Accumulation ISIN: GB00B84QXT94 The authorised fund manager of the Fund is Legal & General (Unit Trust Managers) Limited.


Objective The objective of this Fund is to provide a combination of income and growth (if the income is reinvested) by tracking the performance of the FTSE Actuaries UK Index Linked Gilt All Stock Index. Investment policy:

The Fund will invest primarily in bonds (a type of loan which pays interest) issued by the UK government (known as gilts). The Fund's investments will closely match those that make up the Index. This Index consists of index-linked bonds which are issued by the UK Government. The return from these bonds is linked to changes in the rate of UK inflation.

The gilts that the Fund invests in will be investment grade bonds (rated as lower risk). Investment grade bonds are bonds that have achieved a higher credit rating from a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time.

35% or more of the Fund can be invested in bonds issued by the UK Government.

The Fund may use derivatives (contracts which have a value linked to the price of another asset) to: • reduce risk or cost; or

• generate additional capital or income with no, or an acceptably low, level of risk.

Other information:

If you hold accumulation units, income from investments held by the Fund (interest) will be reinvested into the value of your units.


The Fund's base currency is denominated in sterling (British pounds).

This Fund is designed for investors looking for income and growth from an investment in bonds (a type of loan which pays interest) issued by the UK government (known as gilts).







The Fund is in category 5 because it invests in company or government bonds which are sensitive to changes in interest rates, inflation and credit. This can be driven by political and economic changes and other significant events and may cause the value to go up and down. Bonds that are closer to their maturity date tend to be more stable in value. Bonds are generally considered to be higher risk investments than cash, but lower risk than company shares.


Even a fund in the lowest category is not a risk free investment. The value of your investment may fall as well as rise and is not guaranteed.

You might get back less than you invest.



This Fund holds bonds that, rather than being traded on an exchange, are traded through agents, brokers or investment banks matching buyers and sellers. This makes the bonds less easy to buy and sell than investments that are traded on an exchange and on any particular day there may not be a buyer or a seller for the bonds. In times of market uncertainty or if an exceptional amount of withdrawals are requested it may become less easy for your Fund to sell investments and the Manager may defer withdrawals, or suspend dealing. The Manager can only delay paying out if it is in the interests of all investors and with the permission of the Fund trustee or depositary.

Investment returns on bonds are sensitive to trends in interest rate movements. Their values are likely to fall when interest rates rise. Such falls may be more pronounced in a low interest rate environment. Bonds with a short time to go before their maturity date will fall by less than bonds with a longer time to their maturity date.

This Fund invests in inflation-linked bonds, which are particularly sensitive to changes in inflation rates. Their values are likely to fall when inflation rates fall.

The Fund invests directly or indirectly in bonds which are issued by companies or governments. If these companies or governments experience financial difficulty, they may be unable to pay back some or all of the interest, original investment or other payments that they owe. If this happens, the value of your Fund may fall.



We may take some or all of the ongoing charges from the Fund's capital rather than the Fund's income. This increases the amount of income, but it reduces the growth potential and may lead to a fall in the value of the Fund.



1 2 3 4 5 6 7






Entry charge 0.00%*

Exit charge 0.00%*










The ongoing charges are taken partly from the income and partly from the capital of the Fund.

Other costs:

Unit price spread: on any day, the prices for buying or selling units in this Fund are the same. However, there are maximum and minimum prices we can charge for units, reflecting the difference between the buying and selling prices of the assets in the Fund and costs associated with buying and selling the assets. From day to day we will set the unit price between the maximum and minimum depending on whether money is coming into or leaving the Fund. The difference between the maximum and minimum price, which is the most the price can change, can vary but as an example, the maximum price for units in this Fund was 0.04% higher than the minimum price at 31 December 2017.


PAST PERFORMANCE



The performance has been calculated in sterling (British pounds). The Fund will not replicate the performance of its benchmark index


The annual return is for a 12 month period ending 31 December. The Fund launched in 2004. This unit class launched in 2012. The I class was launched on 20/12/12. Performance before this date

is for M class, which has equivalent charges.



You can obtain further information about the Fund including copies of its prospectus, application forms and the latest annual and semi-annual reports at www.legalandgeneral.com/reports. Paper copies of these documents are also available from: Legal & General Investments, PO Box 6080, Wolverhampton WV1 9RB. We provide documents free of charge and in English.







2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Fund 3.4 6.3 8.0 19.6 0.2 0.1 18.8 -1.1 24.0 2.2

Index 3.7 6.4 8.9 19.9 0.6 0.5 19.0 -1.0 24.3 2.3

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Transcript of Key Investor Information Documents - newellpalmer.co.uk · "GDKLRENQC $RRDW ", 77 $MFK@MC SDKDOGNMD...