Polar Capital Funds plc - Healthcare Opportunities Fund I USD Distribution Shares/  IE00B3K93X10  /

The objective of the Fund is to preserve capital and achieve long term capital appreciation, by investing worldwide in the shares of healthcare companies. At least two-thirds of the Fund's assets (excluding cash) are invested in healthcare companies. These may include pharmaceutical, medical equipment, biotechnology, healthcare facilities and healthcare services companies. The Fund is broadly diversified across countries, healthcare sectors and by market-cap (a measure of company size). The Fund may invest in financial derivatives (complex instruments based upon the value of underlying assets) for hedging, to reduce risk, to manage the Fund more efficiently, or to gain exposure to securities in a more efficient way. The Fund is actively managed and uses the MSCI AC World Daily Total Return Net Health Care Index (EUR) benchmark as a performance target and to calculate the performance fee.

The objective of the Fund is to preserve capital and achieve long term capital appreciation, by investing worldwide in the shares of healthcare companies.