BREXITS Global Franchise Feeder Fund

Investment objective summary

The underlying fund is unrestricted in its choice of companies either by size or industry or in terms of geographical makeup of the portfolio

The underlying fund focuses investment on companies deemed to be of high quality, typically those associated with global brands or franchises

*These are internal parameters and subject to change without prior notification

Fund features

An equity-only fund invested wholly in the foreign-domiciled Ninety One Global Franchise Fund

The Ninety One Global Franchise Fund aims to achieve long-term capital growth and is a concentrated portfolio of 25-40 stocks-these are internal parameters and subject to change without prior notification

Stock selection is oriented towards a quality approach, seeking to deliver consistent performance though the business cycle