New Capital Emerging Markets Future Leaders Fund - USD I Inc/  IE000JVW7069  /

The investment objective of the Fund is to achieve capital appreciation through investment in a portfolio of equity securities. The Fund will primarily invest in equities of companies which have either their registered offices or generate a significant portion of their business in emerging markets or which, as holding companies, invest mainly in companies that have their registered office in emerging markets, the securities of which are listed or traded on Recognised Markets worldwide. The Fund may gain exposure of less than 10% of its Net Asset Value to China A shares. The Fund may also invest in open-ended and closed-ended collective investment schemes (including exchange traded funds or "ETFs") provided such investments are eligible for investment by UCITS and give exposure to investments in which the Fund may invest directly in accordance with the above investment policy. Investment in collective investment schemes shall not exceed in aggregate 10% of the Net Asset Value of the Fund. Unlike open-ended collective investment schemes, investment in closed-ended collective investment schemes will only be made where such investment constitutes transferable securities for UCITS purposes.

The investment objective of the Fund is to achieve capital appreciation through investment in a portfolio of equity securities.