ALMA EIKOH JAPAN LARGE CAP EQUITY FUND Class R JPY C/  LU1013117327  /

The objective of the Sub-Fund is to seek long-term capital appreciation by investing primarily in shares of large capitalisation companies operating in Japan. The Sub-Fund intends to invest its assets principally in equity securities and equity related securities issued by Japanese companies or non-Japanese companies whose shares trade on a Japanese exchange or that Alma Capital London Ltd (the "Investment Manager") determines are otherwise actively traded in Japan including in the form of Japanese Depository Receipts and Japanese Depository Shares, as well as the securities of companies with substantial economic exposure to Japan. The Sub-Fund may invest, in addition, in the securities of issuers that may trade principally or only outside Japan. The Investment Manager expects to invest the majority of the assets of the Sub- Fund in the securities of issuers with a market capitalisation in excess of the equivalent of US$ 1 billion. The Investment Manager may from time to time invest a portion of the assets of the Sub-Fund in the securities of issuers with a smaller market capitalisation.

The objective of the Sub-Fund is to seek long-term capital appreciation by investing primarily in shares of large capitalisation companies operating in Japan.