Key Information Document

The Key Information Document is a regulatory requirement aimed at helping investors to better understand and compare the key features, risk, rewards and costs of different investment products. The information contained in this document, and the methodologies for the underlying calculations, are prescribed by law.

This document provides a brief description of the Investment Trust, the impact of costs on investment return and the calculated risk rating of the Investment Trust – as determined in accordance with the prescribed methodology. This document forms part of the Investment Trust’s regulatory disclosure and should be read before investing.

THE DIRECTORS BELIEVE THE CALCULATION OF FUTURE PERFORMANCE REQUIRED BY THE KEY INFORMATION DOCUMENT IS NOT AN APPROPRIATE WAY TO ESTIMATE POTENTIAL RETURNS AND IT SHOULD NOT BE USED FOR THIS PURPOSE. INVESTORS AND POTENTIAL INVESTORS SHOULD NOT CONSIDER THE POTENTIAL RETURNS AND THE RISK RATING DISCLOSED IN THE KEY INFORMATION DOCUMENT AS A GUIDE TO FUTURE RETURNS AND SHOULD NOT BASE THEIR INVESTMENT DECISION ON THE KEY INFORMATION DOCUMENT

Key Information Document