Evelyn MM Global Investment Fund Class B Income Shares

The objective of the Fund is to achieve capital growth, with some income, over the long term (over 4 to 7 years). The Fund is actively managed and in normal market conditions invests at least 80% of its assets in closed-ended investment companies and closed-ended mutual funds (“Investment Companies”) that can be domiciled in the UK or elsewhere. Investment companies qualify as transferable securities as they are listed on recognised stock exchanges globally, usually in the UK on the London Stock Exchange. Investment companies domiciled in the UK are referred to as investment trusts; similar structures elsewhere are referred to as closed-ended mutual funds.