UBS MSCI World Minimum Volatility Index Fund C Accumulation 

The Fund seeks to track the return of the MSCI World Minimum Volatility (GBP) Index (the “Index”) before the deduction of charges. The Fund employs a passive investment strategy, investing all, or substantially all, of its assets in the shares of companies that make up the Index. To the extent that the Fund is not fully invested in the constituents of the Index, it may be invested in shares of companies which in the Manager’s opinion are reasonably expected to become part of the Index.