Jupiter Gold & Silver N Cap $

Objective: The investment objective of the Jupiter Gold & Silver Fund is to seek to achieve a total return by investing predominantly in listed equities. Policy: In seeking to achieve its investment objective, the Fund aims to deliver a return, net of fees, greater than that of the composite benchmark comprising 50% Gold Spot Rate 50% FTSE Gold Mines Net Tax. The Fund will invest at least 70% in company shares and similar investments listed anywhere in the world. Companies may be of all sizes and their operations and activities will be focused on or relate to gold and silver mining or holding bullion on a secure basis for shareholders. The Fund will also invest in Bullion Trusts and similar investments listed anywhere in the world. These will be used to provide the Fund with exposure to the movement of the price on gold and silver.The Fund will typically invest in the shares of fewer than 60 companies. The Fund may use derivatives (i.e. financial contracts whose value is linked to the expected price movements of an underlying investment) with the aim of generating returns and reducing the overall costs and/or risks of the Fund. The Fund is actively managed. Portfolio construction is driven by research to identify attractively priced investment opportunities, and the ratio of gold and silver investments held by the Fund is determined by analysis of macro-economic factors such as monetary policy and inflation. The Fund will seek to adjust the ratio of gold and silver investments to create the optimal balance in the portfolio. The composite benchmark is not expected to include exposure to silver, therefore although a large proportion of the Fund's investments may be components of the composite benchmark, the Fund has the ability to deviate significantly from the composite benchmark for example, as a result of the Fund's exposure to silver. Dealing: In respect of the Fund, means a day (excluding Saturdays, Sundays and public holidays) on which retail banks are open for

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No