TM Redwheel Global Emerging Markets Fund S GBP INC 

To provide long term (at least 5 years) capital appreciation net of fees by investing over 70% in global emerging markets and, to a limited extent (20%) in frontier markets. The Fund will invest over 70% of its assets (excluding cash and cash equivalents) in global emerging markets and, to a limited extent (20%), in frontier markets using equity and equity linked securities including shares, depository receipts, warrants and other participation rights, convertible securities, index and participation notes and equity linked notes. The Investment Manager will seek to identify companies that offer revenue and earnings growth with sustainable cash-flow generation at attractive valuations. Valuations are considered by looking at a number of indicators, including cash flows, dividends and earnings.