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Emerging","page_number":3,"box":{"x":66,"y":233,"width":391,"height":8}},{"id":"8ddf960f-dc05-4b8d-8d92-6b69dcd57e12","block_type":"box","text":"market currencies may be subject to volatile price movements.","page_number":3,"box":{"x":66,"y":243,"width":373,"height":9}},{"id":"e4091882-53e3-46ab-9f17-2276f1a11fda","block_type":"box","text":"Emerging market securities may also be subject to higher volatility","page_number":3,"box":{"x":66,"y":254,"width":394,"height":8}},{"id":"68bd937b-e2d2-483a-867e-800805e86c15","block_type":"box","text":"and lower liquidity than developed market securities respectively.","page_number":3,"box":{"x":65,"y":264,"width":386,"height":9}},{"id":"f5132dbd-6a1f-40f4-a6b0-a93486cd5cbf","block_type":"box","text":"Since the instruments held by the Sub","page_number":3,"box":{"x":66,"y":275,"width":223,"height":8}},{"id":"fa63dd9c-e5d7-43fe-b3a4-c0f809dab0c4","block_type":"box","text":"-","page_number":3,"box":{"x":290,"y":279,"width":4,"height":1}},{"id":"121544bf-48be-40ff-aa0c-5342fb0f6f75","block_type":"box","text":"Fund may be denominated in","page_number":3,"box":{"x":296,"y":275,"width":170,"height":8}},{"id":"917a194d-9e05-4770-b6ec-e5707426bac9","block_type":"box","text":"currencies other than the Base Currency, the Sub","page_number":3,"box":{"x":65,"y":285,"width":292,"height":9}},{"id":"2c6d4204-abdf-45c9-83ab-b9de841e32b6","block_type":"box","text":"-","page_number":3,"box":{"x":359,"y":289,"width":4,"height":1}},{"id":"74177395-a710-49f6-bd1a-e2c015146730","block_type":"box","text":"Fund may be","page_number":3,"box":{"x":365,"y":285,"width":75,"height":9}},{"id":"dc4f1893-9e3a-4a61-a553-50e514096953","block_type":"box","text":"affected unfavourably by exchange control regulations or fluctuations","page_number":3,"box":{"x":65,"y":296,"width":412,"height":9}},{"id":"27d14f78-781e-4c85-bc7d-0db3e66d2438","block_type":"box","text":"in currency rates. 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In addition, it may increase the Sub","page_number":3,"box":{"x":65,"y":401,"width":355,"height":9}},{"id":"24192707-f263-4cf1-bd4e-c6c783bf076a","block_type":"box","text":"-","page_number":3,"box":{"x":421,"y":405,"width":5,"height":1}},{"id":"b5a990fa-6d15-462c-aad1-0b2e01fc0a53","block_type":"box","text":"Fund's","page_number":3,"box":{"x":427,"y":401,"width":39,"height":7}},{"id":"9d472e01-33d6-431b-8532-bd06ed89bffb","block_type":"box","text":"volatility and/or magnify pre","page_number":3,"box":{"x":65,"y":412,"width":165,"height":9}},{"id":"855033f1-8cd5-4f91-b40e-5ab3a35cbef8","block_type":"box","text":"-","page_number":3,"box":{"x":232,"y":416,"width":4,"height":1}},{"id":"e574d087-ca32-49fb-9803-61868c169f56","block_type":"box","text":"existing risks to the Sub","page_number":3,"box":{"x":237,"y":412,"width":141,"height":9}},{"id":"eb2451fa-9aca-4c83-9e7a-a6bf16841c47","block_type":"box","text":"-","page_number":3,"box":{"x":379,"y":416,"width":5,"height":1}},{"id":"84fd2cf6-bffa-47b5-94c1-986de70f6645","block_type":"box","text":"Fund.","page_number":3,"box":{"x":386,"y":412,"width":31,"height":7}},{"id":"fec9d8a6-0cd3-4b3e-8247-7b25f243c0e8","block_type":"box","text":"The Sub","page_number":3,"box":{"x":65,"y":422,"width":46,"height":7}},{"id":"da3b92be-f9ae-435f-bd35-d96a8da91007","block_type":"box","text":"-","page_number":3,"box":{"x":112,"y":426,"width":4,"height":1}},{"id":"b0552f0d-4832-4f94-a09d-5083e15b9533","block_type":"box","text":"Fund seeks to provide a return above the Benchmark;","page_number":3,"box":{"x":118,"y":423,"width":317,"height":8}},{"id":"065c01e5-f030-4dc1-9515-87bef50be202","block_type":"box","text":"however the Sub","page_number":3,"box":{"x":66,"y":433,"width":97,"height":7}},{"id":"a93b0465-9e71-456e-99bf-e34c63028911","block_type":"box","text":"-","page_number":3,"box":{"x":164,"y":437,"width":5,"height":1}},{"id":"7e133f0e-7ae6-4ae6-93b6-691626b9b69c","block_type":"box","text":"Fund may underperform the Benchmark.","page_number":3,"box":{"x":171,"y":433,"width":240,"height":9}},{"id":"780e155a-5f0a-41dc-bbca-204d0ce8dec3","block_type":"box","text":"Further information about risks can be found in the \"Risk Information\"","page_number":3,"box":{"x":66,"y":444,"width":409,"height":6}},{"id":"a04597a3-ba93-48c5-8738-2c0e3117c60a","block_type":"box","text":"section of the Prospectus.","page_number":3,"box":{"x":65,"y":454,"width":155,"height":9}},{"id":"83a44fe3-4444-4480-8792-a7e795dc409d","block_type":"box","text":"General Disclosures","page_number":3,"box":{"x":63,"y":480,"width":127,"height":7}},{"id":"cf99da90-c9d1-4aeb-bda0-4be91e287559","block_type":"box","text":"Value of the Share Class over the last five years and may not be a","page_number":3,"box":{"x":505,"y":81,"width":394,"height":9}},{"id":"eabcb4cc-2b0c-4afe-9c55-a7a46ea44841","block_type":"box","text":"reliable indication of the future risk profile of the Share Class. The risk","page_number":3,"box":{"x":506,"y":92,"width":422,"height":9}},{"id":"15c34fd3-47d7-4d5b-bdcc-b6f3e1d98b28","block_type":"box","text":"and reward category shown above is not guaranteed to remain","page_number":3,"box":{"x":506,"y":103,"width":378,"height":8}},{"id":"e0f88376-cfed-4f65-8403-ea765fef2dc2","block_type":"box","text":"unchanged and may change over time. A Share Class with the lowest","page_number":3,"box":{"x":506,"y":113,"width":420,"height":9}},{"id":"130e6276-75b3-4340-a12f-333791c5b4c5","block_type":"box","text":"risk rating does not mean a risk","page_number":3,"box":{"x":506,"y":124,"width":192,"height":9}},{"id":"289e72e2-4fb7-43a2-89e7-f841f33ae467","block_type":"box","text":"-","page_number":3,"box":{"x":699,"y":128,"width":3,"height":1}},{"id":"a409dd3f-0f30-49da-93dd-a29a21bb003b","block_type":"box","text":"free investment. 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Morgan Asset Management. Share class performance is","page_number":3,"box":{"x":506,"y":212,"width":412,"height":9}},{"id":"e7c9fdd1-ba5a-4582-a4f0-57d7f75b60e1","block_type":"box","text":"shown based on the NAV (net asset value) of the share class with","page_number":3,"box":{"x":506,"y":223,"width":398,"height":9}},{"id":"f64026f7-69fa-4c16-8bf9-204d33b0102f","block_type":"box","text":"income (gross) reinvested including actual ongoing charges","page_number":3,"box":{"x":506,"y":234,"width":369,"height":8}},{"id":"719bdd2e-4c09-4f4a-b1c6-98547952c633","block_type":"box","text":"excluding any entry and exit fees. Performance is shown based on","page_number":3,"box":{"x":506,"y":244,"width":401,"height":9}},{"id":"df271700-a221-46e6-b3ed-0ae5c7b763b1","block_type":"box","text":"the NAV which may not be the same as the market price of the ETF.","page_number":3,"box":{"x":505,"y":255,"width":405,"height":8}},{"id":"66c590ba-a234-40a2-959a-c1ff14b7402d","block_type":"box","text":"Individual shareholders may realise returns that are different to the","page_number":3,"box":{"x":506,"y":265,"width":408,"height":9}},{"id":"c9352d83-2b4d-4aa7-a41f-433ab290c5f1","block_type":"box","text":"NAV based returns.","page_number":3,"box":{"x":506,"y":276,"width":115,"height":7}},{"id":"46d90a25-a9ee-4d74-b03c-4a757b0d2d2b","block_type":"box","text":"The return of your investment may change as a result of currency","page_number":3,"box":{"x":505,"y":288,"width":402,"height":9}},{"id":"7a429cdc-3bf2-49b7-8c92-6f1f415aba95","block_type":"box","text":"fluctuations if your investment is made in a currency other than that","page_number":3,"box":{"x":505,"y":299,"width":421,"height":9}},{"id":"bb64fcf8-a2ea-4bdb-bc54-4ae938a69258","block_type":"box","text":"used in the past performance calculation.","page_number":3,"box":{"x":506,"y":310,"width":255,"height":8}},{"id":"abe88ccf-1481-493f-8ab5-9c1cc2b1a4b7","block_type":"box","text":"Indices do not include fees or operating expenses and you cannot","page_number":3,"box":{"x":506,"y":322,"width":403,"height":9}},{"id":"996c7a15-1db8-4bca-aa75-26bf9054b055","block_type":"box","text":"invest in them.Investors should note that the benchmark data","page_number":3,"box":{"x":506,"y":333,"width":381,"height":7}},{"id":"b4d60b87-5de3-4d93-b6f4-4fb629fef82b","block_type":"box","text":"presented is expressed in the fund's base currency, which may be","page_number":3,"box":{"x":506,"y":343,"width":403,"height":9}},{"id":"085c5f18-cabf-424d-a521-d9039451db55","block_type":"box","text":"different from the currency in which the share class performance","page_number":3,"box":{"x":506,"y":354,"width":400,"height":9}},{"id":"e3b658bf-a680-4eda-ae42-9982b5e11325","block_type":"box","text":"data is presented. Investors should exercise caution when","page_number":3,"box":{"x":506,"y":364,"width":355,"height":9}},{"id":"c7fe6794-411a-4bf6-a7a0-6ed93b4c10db","block_type":"box","text":"comparing the benchmark data with share class performance data","page_number":3,"box":{"x":506,"y":375,"width":408,"height":9}},{"id":"9596d7ce-944b-4a87-8de7-76b5e16b94ae","block_type":"box","text":"that are in different currencies, as currency fluctuations can","page_number":3,"box":{"x":505,"y":386,"width":373,"height":8}},{"id":"75802634-0f9e-4864-886b-0348568bde15","block_type":"box","text":"contribute to differences in performance outcomes.","page_number":3,"box":{"x":506,"y":396,"width":316,"height":9}},{"id":"b496b46f-2006-4ca8-99d0-d1201ad2d06f","block_type":"box","text":"The benchmark is for comparative purposes only unless specifically","page_number":3,"box":{"x":505,"y":409,"width":414,"height":8}},{"id":"d8a057bf-e94a-4746-81d7-5b6a11fa82b8","block_type":"box","text":"referenced in the Sub","page_number":3,"box":{"x":506,"y":419,"width":132,"height":7}},{"id":"aa694caa-3d66-47c4-a505-bf5f6640b693","block_type":"box","text":"-","page_number":3,"box":{"x":639,"y":423,"width":4,"height":1}},{"id":"0e92448b-acb9-4ede-9e14-2c53c28033c3","block_type":"box","text":"Funds' Investment Objective and Policy.","page_number":3,"box":{"x":645,"y":419,"width":240,"height":9}},{"id":"5594a266-5b75-413e-a199-5dcf935be37d","block_type":"box","text":"Dividend income shown is gross of any applicable tax.","page_number":3,"box":{"x":506,"y":432,"width":324,"height":9}},{"id":"9c671b7c-a1f8-4bf9-981c-625ccf937521","block_type":"box","text":"Fund information, including performance calculations and other","page_number":3,"box":{"x":506,"y":458,"width":395,"height":9}},{"id":"01b3f3ef-363b-4f5b-b520-f84b20e97d88","block_type":"box","text":"data, is provided by J.P. 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