The Fund will invest in a diversified portfolio of small and mid capitalised (SMID) companies listed on global stock exchanges

Benefits of investing in the Fund include:

• Exposure to a diversified portfolio of securities issued by high quality businesses;
•  Positive environmental, social and governance (“ESG”) with a strong overall score and a low carbon intensity relative to that which 
  applies to the Benchmark of the Fund;
•  Experienced investment team with a disciplined and proven investment process since 2003 (although past performance is not 
  indicative of future performance); and
•  The Fund has specific ESG related investment objectives. See Section 5 of this PDS for more information on investment objectives 

The Fund invests in a diversified portfolio of global equity securities and aims to generally follow a strategic asset allocation guideline of 0 to 10% in cash 
and 90% to 100% in global equity securities with risk countries defined as ‘developed’ by Morgan Stanley Capital International (MSCI) and may invest in 
constituents & non-constituents of the MSCI Indices. It is likely to be consistent with the financial situation and needs of a consumer who is seeking capital 
growth with at least a 5 year investment timeframe and who is unlikely to need to withdraw their money on less than one week’s notice. 
This product is intended for use by consumers with a Medium or higher risk and return profile, depending on the proportion of their Investable Assets 
which is allocated to the product. 
Version 4.0 – released 2 October 2023 2023 Bell Asset Management Limited ABN 84 092 278 647 Page 2
A consumer with a Medium risk profile is within the target market if their investment is Minor or Satellite in nature, being less than 25% of their Investable 
Assets. 
 
Consumers with higher risk profiles are also within the target market. A consumer with a higher risk and return profile (any of High, Very High and 
Extremely High) is within the target market if their investment is Minor, Satellite, or Core, being less than 50% of their Investible Assets. 
 
A consumer who advises that their allocation of their Investable Assets in the Fund is subject to personal advice will be treated as being within the Funds 
Target Market notwithstanding other advised consumer attributes.