Waverton Asia Pacific A GBP 

The investment objective of the fund is to achieve capital growth and generate an income through diversified investment in equities of Asia-Pacific Companies (excluding the equities of Japanese Companies). Investments may be made in ordinary shares (including ADRs, EDRs and GDRs), preferred shares and up to 25 per cent. of the total assets of the fund may be invested in Convertible Debt Securities. The Fund’s investment strategy shall not be specific to any particular industry sector or country. The fund may utilise any of the financial derivative instruments described in the section entitled “Investment Techniques and Instruments” for efficient portfolio management purposes.