The Future Generation Global Investment Company provides:

• Shareholders with exposure to the best global fund managers without paying management or performance fees.

• Charities with a stream of annual donations. One percent of assets are invested in charities each year. This investment is less than the savings generated from foregone management, performance, service provider, Board and committee fees.

• Fund managers with a unique opportunity to make a positive difference to Australia's future generations.

About the Fund

FGG is Australia's first internationally focused listed investment company with the dual objectives of providing shareholders with diversified exposure to selected global fund managers and changing the lives of young Australians affected by mental illness.

The Company's primary investment objective is to provide Shareholders with long term capital growth. The aim is to maximise total Shareholder return with a combination of capital growth and income, thus allowing fully franked dividends to be paid to Shareholders provided the Company has sufficient profit reserves and franking credits available and it is within prudent business practices to do so.

The Company will seek to provide Shareholders with exposure to a diversified portfolio of global equities.

The Company will invest its capital with selected Fund Managers and may also make direct investments.

The Company's charitable objective with the support of the Company's Shareholders, Fund Managers and Service Providers, is to help improve the lives of young people with mental health issues by providing financial support to the Designated Charities. By donating a percentage of its net assets each year, the Company will be a source of funding for Australian youth mental health charities.

The Company intends to invest in funds managed by Fund Managers who forgo all Management and Performance Fees with respect to funds managed on behalf of the Company. In addition, the Directors have agreed to waive all their director fees and the Company will seek to engage service providers on a pro bono basis.

The aggregate amount of the Forgone Fees will enhance the Company's NTA, the benefit of which will be shared between the Designated Charities and the Shareholders.

The Company considers it is very important that both Shareholders and the Designated Charities share the benefit arising from the Forgone Fees. By sharing these benefits, the investment proposition for a Shareholder is attractive. Access to the select group of Fund Managers (a number of whom are not accessible to retail investors) in one investment vehicle is also an attractive feature.

By creating an attractive investment opportunity, the Company will increase the potential amount of capital available to be raised and, in turn, increase the financial support the Company can provide to the Designated Charities.

How we invest your money

Over time it is expected that at any time there will be between 10 and 20 Fund Managers.

By having a number of different Fund Managers the Company will have access to a range of investment styles and strategies. The Company believes that the diversification of styles and strategies used by the different underlying funds in its Portfolio is important in managing and mitigating risk in the Company's Portfolio. The Company expects that its Portfolio will largely comprise investments in funds with exposure to global equities (once substantially invested).

The Company expects that initially, capital will be invested with some or all of the Initial Fund Managers. The Company has asked and the Initial Fund Managers have agreed to provide investment capacity to the Company (Fund Manager Capacity).

The Company may invest directly (i.e. not through a Fund Manager) in Securities (or similar investments). The Company may also retain Cash where it is of the view it is prudent to do so.

While the Company aims to invest its capital in global funds managed by Fund Managers (the Initial Fund Managers and any subsequent Fund Managers selected by the Investment Committee at the time of investment) as soon as practicable, the exact composition of the investments held will depend on the amount of capital raised, the number and capacity of the Fund Managers available to it from time to time and market conditions at the time of investment.

Permitted investments

It is the current intention that the Company will invest its capital by purchasing units in some or all of the unlisted managed funds managed by the Initial Fund Managers.

The Company is permitted to invest with Fund Managers who invest in any asset classes and can utilise any investment style or strategy.

The Company may also invest directly in or hold:

• International and Australian Securities; and
• Cash.