POSITIVE CHANGE FUND.

Positive Change is a concentrated, global equity fund with dual objectives: to deliver attractive long-term returns (outperforming by 2% annually versus the MSCI ACWI over five year rolling periods) and to deliver positive change by contributing toward a more sustainable and inclusive world. The strategy invests in high quality growth companies which can deliver positive social change in one of four areas: Social Inclusion and Education, Environment and Resource Needs, Healthcare and Quality of Life; and Base of the Pyramid (addressing the needs of the world's poorest populations). The value of investments and any income from them may go down as well as up and you or your client may not get back the amount originally invested. The stated objective is in no way guaranteed.