Performance funds/ETFs

The fund seeks to maximise total return and invests at least 70% of its total net assets in the equity securities of companies domiciled in, or exercising the predominant part of their economic activity in, the US. The fund places particular emphasis on companies that, in the opinion of the Investment Adviser, exhibit growth investment characteristics, such as above-average growth rates in earnings or sales and high or improving returns on capital. The Fund may use derivatives for investment purposes and for the purposes of efficient portfolio management.