SVS Baker Steel Electrum S Acc 

The investment objective of the Sub-Fund is to achieve capital growth in excess of the price return of MSCI ACWI Metals & Mining Index (the Target Benchmark) over a rolling 5 year period after the deduction of all fees. The investment policy of the Sub-Fund aims to achieve its objective by investing at least 80% of the Sub-Funds' total value in shares of companies with a focus on speciality and precious metals equities. The Sub-Fund may also invest in companies whose business objective is the extraction, processing and marketing of primary resources.