Ninety One Global Natural Resources A Cap SGD Hdg

To grow the value of your investment over the long term. Investment policy: Invests primarily in the shares of companies that are expected to benefit from increases in the prices of commodities and natural resources. These companies are typically involved in mining, extracting, producing, processing or transporting commodities. The Fund may invest in other assets and may hold cash. Strategy: The stock selection process is research driven, with a focus on individual company factors while also considering medium-term commodity price forecasts and macroeconomic developments. Derivatives and techniques: Derivatives may be used to manage the Fund's risks or reduce the costs of managing the Fund.The Investment Manager uses a currency hedging strategy that aims to align returns in this currency share class with those achieved in the currency that the Fund's investments are valued in. Benchmark(s): The Fund is actively managed. The Investment Manager is free to select investments with the aim of achieving the Fund's objectives. The MSCI AC World Select Natural Resources Capped Net Return Index is used for performance comparison. The Fund does not seek to replicate the index. It will generally hold assets that are components of the index, but not in the same proportions, and it is allowed to hold assets which are not components of the index. The assets of the Fund therefore may be very different from the index.Please refer to www.ninetyone.com/glossary for an explanation of technical terms.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No