TM Equity Exposure Fund

The objective of the fund is to provide a combination of capital growth and income over the medium to long term which matches the performance of the MSCI ACWI IMI Index, less fees. The Fund will invest in a mixture of index-tracking instruments, including but not limited to funds traded on a stock exchange that track an index and other collective investment schemes and direct holdings in public equities, with most investments being held indirectly through exchange traded funds. The exposure will be diversified by taking a global approach and may be adjusted according to market conditions.