Key Facts

	Launch date:   Wednesday 22nd February 2006   Fund Manager:   Michael Konstantinov   Investment Objective:   The aim of the fund is to produce long-term capital growth by investing predominantly in the equity markets of Brazil, Russia, India and China. Up to a third of the fund’s assets may be invested in companies based in other countries that are likely to benefit from the BRIC phenomenon.   Benchmark:   25% MSCI Brazil, 25% MSCI Russia, 25% MSCI India, 25% MSCI China (total return net) rebased annually on 1st January.   ISA available:   Yes   PEP Transferable:   Yes   Initial Fee:   4%   ISA Initial Fee:   3%   Annual Management Charge:   1.75%   Minimum lump sum:   £500   ISA Minimum Lump sum:   £1000   Regular Savings minimum:   £50 per month (ISA; £200 per month)   Share Type:   Accumulation   X-D-date:   01-May   Reporting dates:   Year end: 30th April. Interim: 31st October

Risks

Investments in emerging markets include investment in Russia. You should be aware that although the Russian Registrar Companies which provide share registration services to issuers of Russian securities are appropriately licensed in Russia, they may not be subject to the same stringent controls as in other, more developed countries. This may mean that investors may not secure good title to the Russian securities held by the local Depositary. Hence, because of the potential for even greater volatility in such markets, there is a consequently greater risk of you not receiving back all/or any of your investment allocated to this market. The Fund will hold typically around 60 stocks. Lower diversification and active stock selection can result in greater than average investment in individual countries, companies or market sectors. Such concentration can give rise to more risk than where investments are spread over a larger number of countries, companies or market sectors. Whilst this may increase the potential gains, this concentration of exposure and lack of diversification may also substantially increase the risk of loss in the Fund. Past performance is no guide to future performance. The value of shares and the income from them can fall as well as rise as a result of market and currency fluctuations and you may not get back as much as you originally invested.

Investor profile

Emerging markets can be highly volatile and you should put in only what you can afford to lose. Investors should ensure their investments are well spread to compensate for the likely ups and downs.

Call 0800 84 84 94 for more details.

 

Before placing a transaction please make sure you have read and understood the latest version of the Simplified Prospectus which is available in the literature library on this site.

To make a lump sum investment, just call us on 020 7065 1400.

Telephone dealing: lump sums only up to £ 5,000 unless placed by a financial adviser. Excludes ISAs and PEPs.

For other methods, please download the appropriate form in the literature library.