Benefits of investing in the Martin Currie Ethical Values with Income Fund-Class A units

The Fund offers a number of significant benefits:

• exposure to an actively managed portfolio of Australian income-orientated listed securities;

• certified as a Responsible Investment product by RIAA according to the strict operational and disclosure practices required under the Responsible Investment Certification Program;

• an ethical screen which actively screens out companies that do not meet the Fund's ethical investment criteria (see "Ethical Investment Criteria in Section 5 of the PDS);

• the opportunity to receive regular income distributions from dividends (including "franked dividends) and net gains on the disposal of assets;

• targets lower volatility than the S&P/ASX 200 Index measured over the long term;

• professional management of your investment with an experienced investment manager;

• diversification benefits that would be difficult to achieve through direct investment;

• disciplined portfolio construction; and

• web-based reporting that includes performance, market commentary and portfolio strategy.

Risk level

Medium

Investor suitability

The Fund is designed for investors seeking an ethical investment strategy that provides sustainable income and who may have low-tax liabilities, such as retirees, charitable trusts, non-for-profit organisations and other low-tax entities.

About the Fund

The Fund seeks to provide a growing income stream by investing in a diversified portfolio of ethically screened high-quality companies.

The investment manager's approach is premised on the philosophy that high-quality companies that have solid earnings can sustain dividends, match rises in the cost of living and are likely to be less volatile than the wider equity market.

The investment manager relies on complementary fundamental and quantitative research, and collective insights into the current investment landscape, to identify the most attractive opportunities.

The Fund is managed in a tax-aware manner in order to potentially benefit from franking credits.

How we invest your money

The Fund predominately invests in Australian listed securities. The Fund aims to hold investments so that at the time of purchasing securities:

• exposure to an individual stock is no more than 6% of the portfolio; and

• exposure to an individual sector (as determined by Martin Currie Australia) is no more than 25%.

Companies that do not meet the Fund's ethical investment screen are excluded from the investment universe (see Ethical Investment Criteria section below).

While the maximum holding of cash or cash equivalents is 10%, the portfolio is intended to be fully invested in securities at all times with cash being held for liquidity purposes only.

The Fund does not use derivatives.

The Fund does not intend to borrow.

Ethical investment criteria

In addition to assessing companies on stringent investment criteria, Martin Currie Australia actively screens out companies that do not meet the Fund's ethical investment criteria.

For more information on these criteria, please refer page 5 of the product PDS.