{"annotation_id":"c0349d5b-8af9-4a93-972a-8f47dde94f3d","file_hash":"abf4a9d0bbcc1380b787f2b59b977fd76cfd1ee58662af788435c32ceba28231","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"ebe044d3-61a9-45be-971f-de09cfa10b64","block_type":"box","text":"Objective","page_number":1,"box":{"x":49,"y":142,"width":74,"height":11}},{"id":"410fe829-2968-443b-9731-354150a455e1","block_type":"box","text":"The objective of the Fund is to provide positive","page_number":1,"box":{"x":49,"y":158,"width":268,"height":8}},{"id":"83deca15-34e6-46fb-8d4a-03a631799b11","block_type":"box","text":"returns over rolling three year periods in all","page_number":1,"box":{"x":50,"y":169,"width":245,"height":8}},{"id":"b1ef17fe-6d1f-4d37-97cb-d32d988df068","block_type":"box","text":"market conditions with less than a quarter of","page_number":1,"box":{"x":50,"y":180,"width":260,"height":8}},{"id":"07e82f51-bc55-4351-927e-3ee9d02bf8bf","block_type":"box","text":"the volatility of the Bloomberg World Large &","page_number":1,"box":{"x":49,"y":190,"width":262,"height":8}},{"id":"84af1089-ab2f-4c5a-bd34-7fba3b1ae9e1","block_type":"box","text":"Mid Cap Index, which may result in the returns","page_number":1,"box":{"x":50,"y":201,"width":269,"height":8}},{"id":"f1213324-fe4c-46af-8992-1f155a2c626f","block_type":"box","text":"from the Fund being constrained. Three years","page_number":1,"box":{"x":49,"y":212,"width":266,"height":8}},{"id":"fa821898-cace-495d-bd38-1ee45b73dcd9","block_type":"box","text":"is also the minimum recommended period","page_number":1,"box":{"x":50,"y":223,"width":249,"height":7}},{"id":"46dc987e-4aff-45cb-8fe8-89569907e7ab","block_type":"box","text":"for holding shares in this Fund. This does not","page_number":1,"box":{"x":49,"y":233,"width":258,"height":8}},{"id":"06f8ae19-5c99-4078-94f8-182d1a4787bd","block_type":"box","text":"mean that the Fund will achieve the objective","page_number":1,"box":{"x":50,"y":244,"width":264,"height":8}},{"id":"38c7dedf-efb6-4e69-a7ae-eabeeb780c2f","block_type":"box","text":"over this, or any other, specific time period","page_number":1,"box":{"x":49,"y":255,"width":244,"height":7}},{"id":"4e921bba-8b35-444c-9d6f-b9a07070efc7","block_type":"box","text":"and there is a risk of loss to the original capital","page_number":1,"box":{"x":49,"y":265,"width":265,"height":8}},{"id":"3367d924-1f14-4a75-8eb8-7816fc263417","block_type":"box","text":"invested.","page_number":1,"box":{"x":50,"y":276,"width":49,"height":6}},{"id":"6def0c98-f447-4c3d-b8bf-760913ca8540","block_type":"box","text":"Fund facts","page_number":1,"box":{"x":50,"y":297,"width":81,"height":8}},{"id":"0dfcdc75-c617-4eaa-8d8d-97f43d419e67","block_type":"box","text":"Fund size","page_number":1,"box":{"x":50,"y":321,"width":53,"height":6}},{"id":"e37a9ee9-b870-4d7b-91a9-aba2d48ca94c","block_type":"box","text":"£70.9m","page_number":1,"box":{"x":182,"y":321,"width":40,"height":6}},{"id":"3665d8dc-95e7-4559-bc54-69215c245e6c","block_type":"box","text":"Launch dates","page_number":1,"box":{"x":50,"y":341,"width":76,"height":6}},{"id":"7ca32701-9d7a-4a16-bf2d-60fb6c95a47e","block_type":"box","text":"Fund - 21 Dec 2010","page_number":1,"box":{"x":183,"y":341,"width":100,"height":6}},{"id":"fad4cdf7-847d-4649-8098-24645568e5cf","block_type":"box","text":"Share class - 02 Feb 2015","page_number":1,"box":{"x":183,"y":353,"width":132,"height":6}},{"id":"316f5ab8-889d-4da9-b193-cc4de8f47e52","block_type":"box","text":"Fund structure","page_number":1,"box":{"x":50,"y":373,"width":84,"height":6}},{"id":"71efa27f-143e-4874-8a69-baa949ecbdaf","block_type":"box","text":"Open Ended Investment","page_number":1,"box":{"x":183,"y":373,"width":135,"height":8}},{"id":"1e0ac601-d203-4668-ac16-f63449a6759a","block_type":"box","text":"Company (OEIC)","page_number":1,"box":{"x":183,"y":383,"width":90,"height":8}},{"id":"263675dd-48d0-43df-8c45-f45672cfa21e","block_type":"box","text":"Reporting dates","page_number":1,"box":{"x":50,"y":403,"width":91,"height":8}},{"id":"1ac5efdd-56ea-46dd-b20a-1f67863757e5","block_type":"box","text":"Final - 31 May","page_number":1,"box":{"x":183,"y":403,"width":71,"height":8}},{"id":"2fb2b3e2-7d49-4cbd-9553-02aa70d167f3","block_type":"box","text":"Interim - 30 Nov","page_number":1,"box":{"x":183,"y":415,"width":87,"height":6}},{"id":"8b035034-7683-4dc8-b626-9dc7eea167e2","block_type":"box","text":"Base currency","page_number":1,"box":{"x":50,"y":435,"width":80,"height":8}},{"id":"bbc3f96d-32b3-4b5d-b335-bf6a4753cf2c","block_type":"box","text":"GBP","page_number":1,"box":{"x":183,"y":435,"width":24,"height":6}},{"id":"bb6edf93-bb7e-4ac8-99a4-9981c916ee74","block_type":"box","text":"Valuation point","page_number":1,"box":{"x":49,"y":455,"width":87,"height":8}},{"id":"3ca723b8-370a-493c-9743-6d0f58b89e5f","block_type":"box","text":"12:00 noon","page_number":1,"box":{"x":182,"y":455,"width":58,"height":6}},{"id":"46504370-4b47-479b-8996-f01bee88b739","block_type":"box","text":"ISA eligible","page_number":1,"box":{"x":50,"y":477,"width":62,"height":8}},{"id":"e508f982-7bb9-4018-9d21-a1948e482d46","block_type":"box","text":"Yes","page_number":1,"box":{"x":182,"y":477,"width":18,"height":6}},{"id":"6243590b-51a8-4748-bc84-77c871a65e64","block_type":"box","text":"Investment Association sector","page_number":1,"box":{"x":50,"y":497,"width":172,"height":6}},{"id":"cc2f3d82-179e-41fd-8e6c-024837f87714","block_type":"box","text":"IA Targeted Absolute Return","page_number":1,"box":{"x":50,"y":507,"width":153,"height":8}},{"id":"2992f244-88ac-4087-9603-7177606ba6f9","block_type":"box","text":"Performance comparator","page_number":1,"box":{"x":50,"y":527,"width":144,"height":8}},{"id":"f18b8b0f-7a2e-480b-9998-6895eba0f13e","block_type":"box","text":"Sterling Overnight Index Average","page_number":1,"box":{"x":49,"y":537,"width":181,"height":8}},{"id":"aff5c54e-3ca3-4b13-869e-fbda15757f90","block_type":"box","text":"Please see page 3 for further information.","page_number":1,"box":{"x":50,"y":554,"width":175,"height":6}},{"id":"e81552be-9107-4ae5-a6a4-47bdd3b9354b","block_type":"box","text":"Investment team","page_number":1,"box":{"x":50,"y":572,"width":131,"height":7}},{"id":"6ca05a87-42a6-438e-8a59-68f5e88438a9","block_type":"box","text":"Fund manager","page_number":1,"box":{"x":156,"y":588,"width":73,"height":7}},{"id":"bb4f2324-2b40-4404-b182-70fc07b73826","block_type":"box","text":"Robin Willis","page_number":1,"box":{"x":156,"y":598,"width":70,"height":6}},{"id":"daf67944-6440-4c79-a45e-c10e0e4ef0e6","block_type":"box","text":"Joined Premier Miton","page_number":1,"box":{"x":155,"y":609,"width":107,"height":6}},{"id":"616e98c0-ab52-413d-b839-280d7947485c","block_type":"box","text":"Jun 2015","page_number":1,"box":{"x":155,"y":619,"width":51,"height":6}},{"id":"2e627c43-75dd-49d4-ad13-9a67684e07f3","block_type":"box","text":"Manager since","page_number":1,"box":{"x":156,"y":633,"width":72,"height":6}},{"id":"16ca7a9c-70eb-4ede-b5ac-974bb6a2b298","block_type":"box","text":"Aug 2019","page_number":1,"box":{"x":155,"y":641,"width":54,"height":8}},{"id":"805da2bf-e714-4ea8-81b8-dbf23af64c07","block_type":"box","text":"Fund manager","page_number":1,"box":{"x":156,"y":663,"width":73,"height":6}},{"id":"26140a3c-6fbe-414a-b6d1-682ba2e7191a","block_type":"box","text":"Daniel Hughes","page_number":1,"box":{"x":156,"y":672,"width":88,"height":8}},{"id":"916fa841-58c7-41b0-badb-dc626e601494","block_type":"box","text":"Joined Premier Miton","page_number":1,"box":{"x":155,"y":685,"width":107,"height":5}},{"id":"797df903-23db-4d3d-bdf3-065d64bbf66d","block_type":"box","text":"Jul 2015","page_number":1,"box":{"x":155,"y":695,"width":46,"height":6}},{"id":"70710fd8-12df-472d-89a8-7dc77700bbe9","block_type":"box","text":"Manager since","page_number":1,"box":{"x":156,"y":709,"width":72,"height":7}},{"id":"3942cc38-2fe6-4372-8cb1-a13853f80143","block_type":"box","text":"Aug 2019","page_number":1,"box":{"x":155,"y":718,"width":54,"height":8}},{"id":"feebe0d4-7059-4305-9cee-bad57be9dc4a","block_type":"box","text":"Risk and reward profile","page_number":1,"box":{"x":50,"y":749,"width":180,"height":10}},{"id":"ac320fad-642d-47fd-8820-317b17f8cb62","block_type":"box","text":"The fund is ranked as 3 because it has","page_number":1,"box":{"x":52,"y":829,"width":218,"height":6}},{"id":"5142e652-177f-4b9f-8f9b-e500f1693cb4","block_type":"box","text":"experienced low to medium rises and falls in","page_number":1,"box":{"x":49,"y":840,"width":256,"height":7}},{"id":"1479a024-4c1b-490f-ac3b-ffae894d751b","block_type":"box","text":"value over the past five years. Please note that","page_number":1,"box":{"x":49,"y":850,"width":266,"height":8}},{"id":"b1f83192-05d8-4207-820d-15191bf38cb7","block_type":"box","text":"even the lowest ranking does not mean a risk","page_number":1,"box":{"x":49,"y":861,"width":266,"height":8}},{"id":"088ad812-fb2c-4fde-876f-334f2010c0ce","block_type":"box","text":"free investment.","page_number":1,"box":{"x":49,"y":872,"width":94,"height":6}},{"id":"ee87bf19-a2f0-4d46-a405-f307269aa5d3","block_type":"box","text":"Factsheet","page_number":1,"box":{"x":49,"y":24,"width":62,"height":6}},{"id":"80ec074c-65b0-43d5-8d4d-2d601358d97a","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":114,"y":24,"width":116,"height":8}},{"id":"aae54d50-08e7-4c9e-84f7-d82afcd9b034","block_type":"box","text":"This is a Marketing Communication.","page_number":1,"box":{"x":48,"y":34,"width":215,"height":7}},{"id":"f1b00ad4-9c7d-4eb2-92c4-5e1da4722ef5","block_type":"box","text":"ܥ","page_number":1,"box":{"x":364,"y":168,"width":5,"height":1}},{"id":"2923dab0-5a9a-499b-aea0-f1fed2180fee","block_type":"box","text":"A diversified lower risk portfolio investing","page_number":1,"box":{"x":375,"y":165,"width":237,"height":8}},{"id":"b460c4e8-35ce-47d4-9e15-b7900747a2bc","block_type":"box","text":"across different asset classes, geographical","page_number":1,"box":{"x":376,"y":176,"width":245,"height":8}},{"id":"000fc1c4-4059-4aa3-92e1-3a29149fdeb2","block_type":"box","text":"regions and financial markets.","page_number":1,"box":{"x":376,"y":186,"width":174,"height":8}},{"id":"619c2cdb-f4db-4678-80a3-57071dc8ed3f","block_type":"box","text":"ܥ","page_number":1,"box":{"x":364,"y":200,"width":5,"height":1}},{"id":"b2f850e7-694e-48dc-98aa-c32c9b6af3ad","block_type":"box","text":"The fund managers have the flexibility to","page_number":1,"box":{"x":375,"y":197,"width":236,"height":8}},{"id":"e0bc2067-4afe-4cac-9778-e1e2cf0ed06f","block_type":"box","text":"find the most appropriate investments,","page_number":1,"box":{"x":375,"y":208,"width":227,"height":8}},{"id":"a4bba45e-d3e2-4bdb-9cd5-e02b263a61b4","block_type":"box","text":"and are not restricted to one asset class or","page_number":1,"box":{"x":376,"y":219,"width":242,"height":6}},{"id":"6f9453f8-19e2-4b42-aa26-82ebee1ddaa7","block_type":"box","text":"geographical region.","page_number":1,"box":{"x":375,"y":229,"width":119,"height":8}},{"id":"23c8ec35-7334-4e84-b454-be5fcbebdffb","block_type":"box","text":"ܥ","page_number":1,"box":{"x":364,"y":243,"width":5,"height":0}},{"id":"4d2576dc-7df5-47f3-9f62-720026ad72fe","block_type":"box","text":"Asset classes could include equities, fixed","page_number":1,"box":{"x":375,"y":240,"width":238,"height":8}},{"id":"6415ff26-fc8b-4480-834c-62ff7f4eb42f","block_type":"box","text":"income, alternative investments (which","page_number":1,"box":{"x":376,"y":251,"width":226,"height":7}},{"id":"c68d932b-e7b0-43d5-810f-1431136f0a20","block_type":"box","text":"may include Real Estate Investment Trusts,","page_number":1,"box":{"x":683,"y":165,"width":248,"height":8}},{"id":"2394d0f0-be68-4a3e-9533-0b4d031941a0","block_type":"box","text":"and investments aimed at making positive","page_number":1,"box":{"x":683,"y":176,"width":247,"height":8}},{"id":"00af54ae-0d99-4854-8e44-229e62abe7a7","block_type":"box","text":"returns in all market conditions), structured","page_number":1,"box":{"x":683,"y":187,"width":250,"height":7}},{"id":"df20894e-00b5-4e23-9b4f-a5063e2a8c00","block_type":"box","text":"investments and cash. The fund may also","page_number":1,"box":{"x":683,"y":197,"width":238,"height":8}},{"id":"6af17fd1-7db3-4f56-a65e-147061263251","block_type":"box","text":"invest in collective investment schemes","page_number":1,"box":{"x":683,"y":208,"width":229,"height":6}},{"id":"7ad702a1-9e7d-4682-85a4-b4ecc7667901","block_type":"box","text":"(including those managed or operated by the","page_number":1,"box":{"x":683,"y":219,"width":264,"height":7}},{"id":"c92c0ab1-66e3-4ec4-9c3a-58679948780f","block_type":"box","text":"ACD and its affiliates).","page_number":1,"box":{"x":682,"y":229,"width":126,"height":8}},{"id":"ee8d5caf-3729-42f8-b695-3adc7c824255","block_type":"box","text":"Investment overview","page_number":1,"box":{"x":361,"y":149,"width":163,"height":8}},{"id":"41c89aaf-0b51-4158-b16a-6e611c7459de","block_type":"box","text":"Performance summary","page_number":1,"box":{"x":361,"y":277,"width":179,"height":10}},{"id":"7263c9a4-86ff-49ca-b348-a9d955dc18d1","block_type":"box","text":"(%)","page_number":1,"box":{"x":546,"y":277,"width":18,"height":10}},{"id":"36105a21-7465-490a-be4f-7dd0fd919d34","block_type":"box","text":"Fund share class","page_number":1,"box":{"x":361,"y":296,"width":100,"height":6}},{"id":"da14c7db-85b7-4934-91c2-8d66daa138f0","block_type":"box","text":"n","page_number":1,"box":{"x":551,"y":296,"width":7,"height":5}},{"id":"98eabd33-2b0d-436c-9682-27dbbc03d1e7","block_type":"box","text":"Sterling class C - Accumulation shares","page_number":1,"box":{"x":565,"y":296,"width":221,"height":7}},{"id":"fe5078be-4b1c-4c52-8b83-27d99fd1e829","block_type":"box","text":"Performance comparator","page_number":1,"box":{"x":361,"y":309,"width":153,"height":8}},{"id":"0ec95a66-2375-4682-b846-29743b704dc7","block_type":"box","text":"n","page_number":1,"box":{"x":551,"y":310,"width":7,"height":5}},{"id":"f48e3939-2bcd-4458-bd8b-b4d8cc87ce24","block_type":"box","text":"Index: Sterling Overnight Index Average","page_number":1,"box":{"x":566,"y":309,"width":230,"height":8}},{"id":"dcf1b8e0-ce3c-46f0-8feb-e466cf78eb86","block_type":"box","text":"Performance since manager start on 9 August 2019","page_number":1,"box":{"x":361,"y":327,"width":353,"height":10}},{"id":"ff937289-3117-41a6-9dba-08f1e05962d3","block_type":"box","text":"S","page_number":1,"box":{"x":436,"y":459,"width":6,"height":5}},{"id":"cd8f6af2-3860-4d8e-abf4-63f7cdb5a958","block_type":"box","text":"e","page_number":1,"box":{"x":443,"y":461,"width":5,"height":3}},{"id":"bd878e65-f0b8-4aa1-9743-ff33e788d464","block_type":"box","text":"p","page_number":1,"box":{"x":450,"y":461,"width":5,"height":5}},{"id":"8a637bb4-84f9-49b8-bd52-0036558494af","block_type":"box","text":"2","page_number":1,"box":{"x":458,"y":459,"width":5,"height":5}},{"id":"4e423035-457e-41ff-927a-0b20e8ce8c60","block_type":"box","text":"0","page_number":1,"box":{"x":464,"y":459,"width":6,"height":5}},{"id":"eda3efd9-43c0-4783-881f-d3604a6f292c","block_type":"box","text":"S","page_number":1,"box":{"x":597,"y":459,"width":6,"height":5}},{"id":"2072d4ab-9b58-4dea-b690-8d199da9a490","block_type":"box","text":"e","page_number":1,"box":{"x":604,"y":461,"width":5,"height":3}},{"id":"f057f48c-5e5d-4307-9392-c6cd6512915a","block_type":"box","text":"p","page_number":1,"box":{"x":610,"y":461,"width":6,"height":5}},{"id":"a7951393-0c4d-4bb2-a2a2-c101a681b74f","block_type":"box","text":"2","page_number":1,"box":{"x":619,"y":459,"width":5,"height":5}},{"id":"1beb787c-a5c1-4d92-924d-e05fa9089b24","block_type":"box","text":"2","page_number":1,"box":{"x":625,"y":459,"width":5,"height":5}},{"id":"ea13782d-9335-49ca-9de7-95ef9e753148","block_type":"box","text":"S","page_number":1,"box":{"x":756,"y":459,"width":5,"height":5}},{"id":"0c2705b0-70f7-4b5a-a4ce-1ea643ea4768","block_type":"box","text":"e","page_number":1,"box":{"x":762,"y":461,"width":5,"height":3}},{"id":"ba0086df-5616-4c04-8d5d-c661f9afe6b6","block_type":"box","text":"p","page_number":1,"box":{"x":769,"y":461,"width":5,"height":5}},{"id":"0371afc8-889d-46a4-9eb3-14314d65e80e","block_type":"box","text":"2","page_number":1,"box":{"x":777,"y":459,"width":6,"height":5}},{"id":"69bd29e2-cb4f-4085-96a9-8af8c27fb45d","block_type":"box","text":"4","page_number":1,"box":{"x":783,"y":459,"width":6,"height":5}},{"id":"42f7b255-befe-48a1-9cff-4a1df4d2c80b","block_type":"box","text":"S","page_number":1,"box":{"x":916,"y":459,"width":5,"height":5}},{"id":"cc7a1cd7-0633-43f1-8c1e-cc9313004200","block_type":"box","text":"e","page_number":1,"box":{"x":922,"y":461,"width":6,"height":3}},{"id":"6f408922-bb14-4ea5-9ee2-8d84f4667e46","block_type":"box","text":"p","page_number":1,"box":{"x":929,"y":461,"width":6,"height":5}},{"id":"bce6706d-9d58-4e93-a075-4afe710f18b4","block_type":"box","text":"2","page_number":1,"box":{"x":938,"y":459,"width":5,"height":5}},{"id":"46a83879-664c-4c8a-9c36-3ffd1625c383","block_type":"box","text":"6","page_number":1,"box":{"x":944,"y":459,"width":5,"height":5}},{"id":"26b4f8ff-0c04-4352-a9e3-e0aafaa20f54","block_type":"box","text":"-","page_number":1,"box":{"x":362,"y":455,"width":2,"height":1}},{"id":"6192088b-0e75-41d3-8dba-346bb3c61f10","block_type":"box","text":"1","page_number":1,"box":{"x":365,"y":452,"width":2,"height":5}},{"id":"2280f18d-f11e-4225-9190-8893e013c1dd","block_type":"box","text":"0","page_number":1,"box":{"x":369,"y":452,"width":6,"height":5}},{"id":"ae190eb3-7dff-42c0-80dc-e507484a3fe4","block_type":"box","text":"-","page_number":1,"box":{"x":367,"y":439,"width":2,"height":1}},{"id":"207ac25e-6ce3-4981-b4c6-7a1a105dd251","block_type":"box","text":"5","page_number":1,"box":{"x":370,"y":436,"width":5,"height":5}},{"id":"7b703d4e-a73d-4608-aa9d-5296ddc3c27b","block_type":"box","text":"0","page_number":1,"box":{"x":369,"y":420,"width":6,"height":6}},{"id":"2f523f8f-2b2d-48da-8dba-3cd5f9051d46","block_type":"box","text":"5","page_number":1,"box":{"x":370,"y":405,"width":5,"height":5}},{"id":"34cf785b-d91f-4388-8d91-9dbc2a712f97","block_type":"box","text":"1","page_number":1,"box":{"x":365,"y":389,"width":2,"height":5}},{"id":"e48ff90e-4b7a-4489-93bc-c02888105f00","block_type":"box","text":"0","page_number":1,"box":{"x":369,"y":389,"width":6,"height":5}},{"id":"5151d0dc-161b-44bd-8ada-54e897f7401b","block_type":"box","text":"1","page_number":1,"box":{"x":366,"y":373,"width":2,"height":5}},{"id":"c0be1c15-3cfe-4534-ae4e-574a78bcf859","block_type":"box","text":"5","page_number":1,"box":{"x":370,"y":373,"width":5,"height":5}},{"id":"babdfeb7-96dc-4c74-8b26-db72a1a4ad94","block_type":"box","text":"2","page_number":1,"box":{"x":363,"y":357,"width":5,"height":5}},{"id":"ee4d26d9-8ebb-47ae-89ec-a5aaf812eb6b","block_type":"box","text":"0","page_number":1,"box":{"x":369,"y":357,"width":6,"height":5}},{"id":"015bac90-0ddc-4cd2-b82f-10fb6606415a","block_type":"box","text":"2","page_number":1,"box":{"x":364,"y":341,"width":5,"height":5}},{"id":"c16cb9cb-a89d-4214-84ea-5e13d6c53fbb","block_type":"box","text":"5","page_number":1,"box":{"x":370,"y":341,"width":5,"height":5}},{"id":"ae37aa0f-87cf-4bb9-80ee-a02d06ee4449","block_type":"box","text":"Manager","page_number":1,"box":{"x":890,"y":472,"width":60,"height":9}},{"id":"ef99dba8-fd1c-46be-abe8-21df28b995e8","block_type":"box","text":"1 month","page_number":1,"box":{"x":445,"y":484,"width":54,"height":7}},{"id":"31e9b47d-7743-44df-aeea-50cd721ce7a5","block_type":"box","text":"3 months","page_number":1,"box":{"x":514,"y":484,"width":65,"height":7}},{"id":"203f195b-a6dc-4456-81e2-f070fc89dc2d","block_type":"box","text":"1 year","page_number":1,"box":{"x":610,"y":484,"width":38,"height":9}},{"id":"cf834f91-8a19-4088-a323-6cc17522fb57","block_type":"box","text":"3 years","page_number":1,"box":{"x":672,"y":484,"width":47,"height":9}},{"id":"98129b35-9196-428d-907f-bb659d61f4b0","block_type":"box","text":"5 years","page_number":1,"box":{"x":746,"y":484,"width":47,"height":9}},{"id":"8121f6c0-cf44-4e44-869f-808266e75b49","block_type":"box","text":"10 years","page_number":1,"box":{"x":815,"y":484,"width":54,"height":9}},{"id":"fa7f079b-2c85-47f5-a09b-47f3d9fa85ef","block_type":"box","text":"start","page_number":1,"box":{"x":918,"y":485,"width":32,"height":6}},{"id":"0ffaedaf-7877-4e1b-a21c-00a71c89993b","block_type":"box","text":"n","page_number":1,"box":{"x":361,"y":502,"width":7,"height":5}},{"id":"4ff86a93-7fac-4100-8570-aa4bea3c3b38","block_type":"box","text":"Fund","page_number":1,"box":{"x":373,"y":501,"width":30,"height":6}},{"id":"51c747a7-6e67-49f0-b398-0e6a3067c39e","block_type":"box","text":"‑","page_number":1,"box":{"x":477,"y":505,"width":3,"height":0}},{"id":"24e4fe60-5be9-4305-9c07-37dc1675d8d3","block_type":"box","text":"1.73","page_number":1,"box":{"x":481,"y":502,"width":19,"height":5}},{"id":"4f7f2974-5f6d-4400-a106-2416f248c63b","block_type":"box","text":"‑","page_number":1,"box":{"x":555,"y":505,"width":3,"height":0}},{"id":"55552204-eb4f-4955-bb32-27c87a7086ac","block_type":"box","text":"1.58","page_number":1,"box":{"x":559,"y":502,"width":19,"height":5}},{"id":"19d62fd9-af4e-4292-8590-9f18470a303c","block_type":"box","text":"0.22","page_number":1,"box":{"x":625,"y":502,"width":23,"height":5}},{"id":"3a34168a-6e99-423d-85b3-b287184c6399","block_type":"box","text":"7.55","page_number":1,"box":{"x":698,"y":502,"width":21,"height":5}},{"id":"e1d879a0-fd99-4d86-8932-da554b408fad","block_type":"box","text":"6.96","page_number":1,"box":{"x":770,"y":502,"width":23,"height":5}},{"id":"c01c101e-30e3-4cc4-9782-2e323982b187","block_type":"box","text":"12.84","page_number":1,"box":{"x":841,"y":502,"width":28,"height":5}},{"id":"ff860c03-7338-4808-aaf2-99fdf52f0c40","block_type":"box","text":"14.47","page_number":1,"box":{"x":919,"y":502,"width":29,"height":5}},{"id":"8e2c2335-1664-4016-b1d9-440218696b30","block_type":"box","text":"n","page_number":1,"box":{"x":361,"y":519,"width":7,"height":5}},{"id":"4c8135c1-162e-4fe2-9b53-b4fd0f1e8795","block_type":"box","text":"Index","page_number":1,"box":{"x":373,"y":518,"width":33,"height":6}},{"id":"3ec90241-d3a9-4051-a513-d14b98ee8a17","block_type":"box","text":"0.33","page_number":1,"box":{"x":478,"y":518,"width":22,"height":6}},{"id":"5261e1aa-9a6c-4f5f-9d42-c77c0caf82ca","block_type":"box","text":"0.93","page_number":1,"box":{"x":556,"y":518,"width":22,"height":6}},{"id":"d28b8b53-5226-41e6-bd64-dd1c268a163e","block_type":"box","text":"3.78","page_number":1,"box":{"x":625,"y":518,"width":22,"height":6}},{"id":"9f5766d4-ea2f-4366-83b4-a91d80c69e8d","block_type":"box","text":"13.99","page_number":1,"box":{"x":692,"y":518,"width":27,"height":6}},{"id":"3c41e65f-1ec0-4a5b-8316-514d9a08fc4f","block_type":"box","text":"19.37","page_number":1,"box":{"x":766,"y":518,"width":27,"height":6}},{"id":"3be678ca-9d4f-4327-9238-0e528bb4364b","block_type":"box","text":"21.52","page_number":1,"box":{"x":843,"y":518,"width":26,"height":6}},{"id":"07757681-a58e-4100-8be5-c64e032dd49e","block_type":"box","text":"19.97","page_number":1,"box":{"x":921,"y":518,"width":27,"height":6}},{"id":"bb97b840-5e43-45bd-bf5c-f5eb1824fe6e","block_type":"box","text":"2021","page_number":1,"box":{"x":633,"y":548,"width":28,"height":7}},{"id":"4e0d8224-7bbd-4e3c-afcc-fce213438a62","block_type":"box","text":"2022","page_number":1,"box":{"x":687,"y":548,"width":32,"height":7}},{"id":"75c2b072-6c10-4401-a2ac-db0a0bafa8ad","block_type":"box","text":"2023","page_number":1,"box":{"x":744,"y":548,"width":32,"height":7}},{"id":"9162c32b-4a13-42ce-8e0f-79dc2353ef0b","block_type":"box","text":"2024","page_number":1,"box":{"x":800,"y":548,"width":34,"height":7}},{"id":"2c546ced-dddb-4dbc-9449-b87ba4b29e5e","block_type":"box","text":"2025","page_number":1,"box":{"x":859,"y":548,"width":32,"height":7}},{"id":"4191a48a-8a59-462b-a7b0-00aef459d3e0","block_type":"box","text":"YTD","page_number":1,"box":{"x":920,"y":548,"width":27,"height":7}},{"id":"682cd49b-7360-489b-a9c3-1b07017c2233","block_type":"box","text":"Fund","page_number":1,"box":{"x":361,"y":565,"width":30,"height":7}},{"id":"e59ecd05-b8de-456c-ba8e-d736d1b88098","block_type":"box","text":"8.42","page_number":1,"box":{"x":639,"y":566,"width":23,"height":5}},{"id":"36211351-fbf6-45d1-870d-830764f13a98","block_type":"box","text":"1.78","page_number":1,"box":{"x":699,"y":566,"width":20,"height":5}},{"id":"942a1843-39e8-446c-9d55-fc0c8e5d5d42","block_type":"box","text":"‑","page_number":1,"box":{"x":753,"y":569,"width":3,"height":0}},{"id":"0a9d3f50-2f9b-48b6-a216-2650f8db86ad","block_type":"box","text":"1.52","page_number":1,"box":{"x":757,"y":566,"width":19,"height":5}},{"id":"05ab9a3a-3091-4135-8322-f0bb21a6d17b","block_type":"box","text":"1.31","page_number":1,"box":{"x":817,"y":566,"width":15,"height":5}},{"id":"45809f8c-7567-4c61-9e78-ea1f91948a55","block_type":"box","text":"4.27","page_number":1,"box":{"x":868,"y":566,"width":22,"height":5}},{"id":"64bc41d0-054c-4f75-bcfa-10c431d00bfb","block_type":"box","text":"‑","page_number":1,"box":{"x":920,"y":569,"width":3,"height":0}},{"id":"31c1413b-6b73-429b-93c3-8ca574265e33","block_type":"box","text":"0.07","page_number":1,"box":{"x":924,"y":566,"width":24,"height":5}},{"id":"a4194fd1-3c16-49ba-80fc-433d25705820","block_type":"box","text":"Index","page_number":1,"box":{"x":361,"y":582,"width":33,"height":6}},{"id":"54843f27-61bc-4732-a2e8-22cbfd1c883d","block_type":"box","text":"0.05","page_number":1,"box":{"x":639,"y":583,"width":23,"height":5}},{"id":"a36b5d4a-02f7-42ba-9a30-c15cc13356e8","block_type":"box","text":"1.38","page_number":1,"box":{"x":699,"y":583,"width":20,"height":5}},{"id":"f1642aa0-1921-4a78-9707-b34ed7e8dee6","block_type":"box","text":"4.57","page_number":1,"box":{"x":754,"y":583,"width":22,"height":5}},{"id":"f79ff59c-a3a4-49a1-9a27-9d758645fb62","block_type":"box","text":"5.10","page_number":1,"box":{"x":813,"y":583,"width":20,"height":5}},{"id":"8c07d941-20b6-40f9-8b22-8428567b9b53","block_type":"box","text":"4.22","page_number":1,"box":{"x":868,"y":583,"width":22,"height":5}},{"id":"4e2d031a-6bc8-4e7a-83b8-76e15108dab9","block_type":"box","text":"2.78","page_number":1,"box":{"x":925,"y":583,"width":22,"height":5}},{"id":"86d032e2-6099-445f-a5c3-9b1c06581e07","block_type":"box","text":"30.09.21","page_number":1,"box":{"x":610,"y":612,"width":52,"height":7}},{"id":"e4f37c0d-38fa-4ed2-b565-72a2ed0027f6","block_type":"box","text":"30.09.22","page_number":1,"box":{"x":679,"y":612,"width":55,"height":7}},{"id":"26884698-5f56-4eee-a2bb-73f15bae063b","block_type":"box","text":"29.09.23","page_number":1,"box":{"x":750,"y":612,"width":55,"height":7}},{"id":"8f33901f-2ce5-43e4-974b-0cabb7696757","block_type":"box","text":"30.09.24","page_number":1,"box":{"x":820,"y":612,"width":57,"height":7}},{"id":"3c006ad8-5859-4648-86f8-b30a68ab079f","block_type":"box","text":"30.09.25","page_number":1,"box":{"x":892,"y":612,"width":56,"height":7}},{"id":"b85d89f3-fdb3-4733-b177-2c4cfbcb44b0","block_type":"box","text":"30.09.22","page_number":1,"box":{"x":607,"y":624,"width":56,"height":7}},{"id":"23904417-d1c4-4f60-b59b-d1fa0455e56b","block_type":"box","text":"29.09.23","page_number":1,"box":{"x":679,"y":624,"width":55,"height":7}},{"id":"fb43087a-4482-471f-8fb0-60bd8ec754f2","block_type":"box","text":"30.09.24","page_number":1,"box":{"x":749,"y":624,"width":57,"height":7}},{"id":"3d404a4c-bcfc-41db-a71a-b162c2f089ea","block_type":"box","text":"30.09.25","page_number":1,"box":{"x":821,"y":624,"width":56,"height":7}},{"id":"d951dedd-6065-40bd-8698-2fd752349a28","block_type":"box","text":"30.09.26","page_number":1,"box":{"x":892,"y":624,"width":56,"height":7}},{"id":"8edeef34-83ec-4f2b-818b-0d0fc348be07","block_type":"box","text":"Fund","page_number":1,"box":{"x":361,"y":641,"width":30,"height":6}},{"id":"d347ef54-c7c4-46a5-a4cd-db522794a256","block_type":"box","text":"2.35","page_number":1,"box":{"x":642,"y":642,"width":21,"height":5}},{"id":"0e481c7d-561a-4180-9d32-42adde0f97c3","block_type":"box","text":"‑","page_number":1,"box":{"x":708,"y":645,"width":3,"height":0}},{"id":"73cb2143-0872-4b03-9a8f-cb8332740944","block_type":"box","text":"2.83","page_number":1,"box":{"x":712,"y":642,"width":22,"height":5}},{"id":"d1e82793-c4d1-43e2-9681-c6d8acd3bcd6","block_type":"box","text":"4.64","page_number":1,"box":{"x":782,"y":642,"width":24,"height":5}},{"id":"c52a7b30-360a-410c-aeb5-ffb34a87f24f","block_type":"box","text":"2.56","page_number":1,"box":{"x":855,"y":642,"width":22,"height":5}},{"id":"df777fe1-f1dc-460e-b99b-4f2aa5b27984","block_type":"box","text":"0.22","page_number":1,"box":{"x":926,"y":642,"width":22,"height":5}},{"id":"ab29b7f1-b3bf-44b9-860d-bf096df5b67b","block_type":"box","text":"Index","page_number":1,"box":{"x":361,"y":658,"width":33,"height":6}},{"id":"8b364aa2-ab71-4cda-bd04-bbacce12b436","block_type":"box","text":"0.72","page_number":1,"box":{"x":641,"y":658,"width":22,"height":6}},{"id":"3b425b6f-97ef-4704-848c-61a32cf6e7cc","block_type":"box","text":"3.96","page_number":1,"box":{"x":712,"y":658,"width":22,"height":6}},{"id":"856c3703-1375-45ad-96e4-b5987af62113","block_type":"box","text":"5.18","page_number":1,"box":{"x":786,"y":658,"width":19,"height":6}},{"id":"545a419d-00fe-43d3-8af7-4c3ad2b15a10","block_type":"box","text":"4.44","page_number":1,"box":{"x":852,"y":658,"width":25,"height":6}},{"id":"d56dc512-a7e1-4510-9d11-d00a2991591f","block_type":"box","text":"3.78","page_number":1,"box":{"x":926,"y":658,"width":22,"height":6}},{"id":"bd6e7803-a593-4eb9-ad41-00c2161544bd","block_type":"box","text":"Discrete monthly performance","page_number":1,"box":{"x":361,"y":682,"width":212,"height":10}},{"id":"647b1fa8-9a53-4133-8428-1e7fecc5b552","block_type":"box","text":"(%)","page_number":1,"box":{"x":579,"y":683,"width":16,"height":8}},{"id":"c3721fd0-bf71-4bdf-b786-0e620d9d20ba","block_type":"box","text":"Jan","page_number":1,"box":{"x":431,"y":700,"width":23,"height":7}},{"id":"84cbdb70-3af8-435d-b6ff-bc37314b6905","block_type":"box","text":"Feb","page_number":1,"box":{"x":475,"y":700,"width":24,"height":7}},{"id":"a1181c2a-15ce-4611-945e-bb9a1871c244","block_type":"box","text":"Mar","page_number":1,"box":{"x":519,"y":700,"width":25,"height":7}},{"id":"6b86ffeb-21b6-484d-8a28-12b7b4fa4f27","block_type":"box","text":"Apr","page_number":1,"box":{"x":565,"y":700,"width":24,"height":8}},{"id":"9211ed51-d623-4637-9a8e-33a7af892a35","block_type":"box","text":"May","page_number":1,"box":{"x":607,"y":700,"width":27,"height":8}},{"id":"4a6e73b0-886c-4aa0-a0f6-2054330ec2c1","block_type":"box","text":"Jun","page_number":1,"box":{"x":653,"y":700,"width":25,"height":7}},{"id":"bfda1c4e-f774-444d-b5de-a36716a0d846","block_type":"box","text":"Jul","page_number":1,"box":{"x":704,"y":700,"width":19,"height":7}},{"id":"73690b37-540c-498c-a833-c6ed6c947d9b","block_type":"box","text":"Aug","page_number":1,"box":{"x":740,"y":700,"width":27,"height":8}},{"id":"b1e9d6e6-4b51-41db-b8b8-9239b7e9e84a","block_type":"box","text":"Sep","page_number":1,"box":{"x":788,"y":700,"width":25,"height":8}},{"id":"d0b9bcf7-2038-432d-9e87-7ecd4b1e0585","block_type":"box","text":"Oct","page_number":1,"box":{"x":834,"y":700,"width":24,"height":7}},{"id":"bae6d7ea-cebf-4d47-9c25-c337696ef296","block_type":"box","text":"Nov","page_number":1,"box":{"x":877,"y":700,"width":26,"height":7}},{"id":"e9fd7824-ac05-4bfe-8c10-2103ffefbf3e","block_type":"box","text":"Dec","page_number":1,"box":{"x":922,"y":700,"width":25,"height":7}},{"id":"5fba655d-61fc-4855-b8c7-41ad49429adb","block_type":"box","text":"2026","page_number":1,"box":{"x":360,"y":717,"width":29,"height":6}},{"id":"ce22e243-ecd5-41a8-9c18-30aba4d3f46f","block_type":"box","text":"0.00","page_number":1,"box":{"x":431,"y":717,"width":24,"height":6}},{"id":"8beb881d-c1a8-4e74-9ffa-b5f65aad53bc","block_type":"box","text":"0.88","page_number":1,"box":{"x":476,"y":717,"width":23,"height":6}},{"id":"93908b26-a7d1-441a-a99f-1b15595378d9","block_type":"box","text":"‑","page_number":1,"box":{"x":500,"y":721,"width":24,"height":2}},{"id":"148fd76b-92e7-44a5-b8a0-0b1860733035","block_type":"box","text":"1.45","page_number":1,"box":{"x":524,"y":717,"width":20,"height":6}},{"id":"5308e98b-3ff8-47f5-8b1f-f15c857d5d07","block_type":"box","text":"0.74","page_number":1,"box":{"x":567,"y":717,"width":22,"height":6}},{"id":"2df3efdd-ad54-413c-930c-af987271964f","block_type":"box","text":"0.88","page_number":1,"box":{"x":610,"y":717,"width":24,"height":6}},{"id":"27907c1b-3466-4647-a3a1-c325d27a51f4","block_type":"box","text":"0.51","page_number":1,"box":{"x":659,"y":717,"width":19,"height":6}},{"id":"237b2f65-0008-45c0-b321-9fbd3353a7ef","block_type":"box","text":"‑","page_number":1,"box":{"x":679,"y":721,"width":21,"height":2}},{"id":"48fc1e08-e2e1-4836-abaa-13e5d8900876","block_type":"box","text":"0.22","page_number":1,"box":{"x":701,"y":717,"width":22,"height":6}},{"id":"8571936a-5f47-40d8-9d93-5b7078b767f5","block_type":"box","text":"0.36","page_number":1,"box":{"x":745,"y":717,"width":23,"height":6}},{"id":"f0ec59cd-aec6-446d-8348-14f253db71ed","block_type":"box","text":"‑","page_number":1,"box":{"x":769,"y":721,"width":24,"height":2}},{"id":"f1156983-0dd7-44c6-8f9b-1e633be74aab","block_type":"box","text":"1.73","page_number":1,"box":{"x":794,"y":717,"width":19,"height":6}},{"id":"9dd35183-a403-4b62-b786-ede4884182e4","block_type":"box","text":"-","page_number":1,"box":{"x":854,"y":721,"width":3,"height":0}},{"id":"1170b82e-4d1d-480a-b05b-da525ffe55e0","block_type":"box","text":"-","page_number":1,"box":{"x":899,"y":721,"width":3,"height":0}},{"id":"e2d9ee0a-3899-4757-a8bf-a920310947e4","block_type":"box","text":"-","page_number":1,"box":{"x":944,"y":721,"width":3,"height":0}},{"id":"efc6af73-b6fa-4580-b177-999bd2c1e2b0","block_type":"box","text":"2025","page_number":1,"box":{"x":360,"y":732,"width":28,"height":6}},{"id":"6f7be4e0-7c52-44fb-b8dc-bb1705d4578a","block_type":"box","text":"‑","page_number":1,"box":{"x":431,"y":736,"width":3,"height":0}},{"id":"a8d5c0bc-8f46-4b29-bac1-e3a88feb53dd","block_type":"box","text":"0.15","page_number":1,"box":{"x":435,"y":732,"width":20,"height":6}},{"id":"22808a14-01a4-444e-904d-30a3c4c78025","block_type":"box","text":"0.61","page_number":1,"box":{"x":480,"y":732,"width":19,"height":6}},{"id":"4373790e-d676-4f41-a401-4b6934ed2000","block_type":"box","text":"0.83","page_number":1,"box":{"x":521,"y":732,"width":23,"height":6}},{"id":"a928e479-4c4a-4698-8cfb-31f503dead0b","block_type":"box","text":"1.35","page_number":1,"box":{"x":570,"y":732,"width":19,"height":6}},{"id":"9b5aefc3-6b95-4e4c-b5ed-f1bddede801b","block_type":"box","text":"0.67","page_number":1,"box":{"x":611,"y":732,"width":23,"height":6}},{"id":"5a55bd10-8bbb-47f3-abf6-82d1cb657ca8","block_type":"box","text":"1.47","page_number":1,"box":{"x":659,"y":732,"width":20,"height":6}},{"id":"71b7000c-2414-4c26-b0d4-7d7912b8911b","block_type":"box","text":"‑","page_number":1,"box":{"x":697,"y":736,"width":3,"height":0}},{"id":"a3290a58-74f1-4002-8ab2-7ac72d50a007","block_type":"box","text":"0.22","page_number":1,"box":{"x":701,"y":732,"width":22,"height":6}},{"id":"4bb97018-f628-469e-bec2-e005ea652fb0","block_type":"box","text":"‑","page_number":1,"box":{"x":724,"y":736,"width":19,"height":2}},{"id":"7c2ab33f-c0ec-4f2f-97d7-9769c162c8a2","block_type":"box","text":"0.44","page_number":1,"box":{"x":744,"y":732,"width":24,"height":6}},{"id":"5dc5c9ea-32e2-4da6-82ff-65f8b79a0f6f","block_type":"box","text":"‑","page_number":1,"box":{"x":769,"y":736,"width":20,"height":2}},{"id":"3197987a-85bb-415e-a01d-8eac1ce37c79","block_type":"box","text":"0.22","page_number":1,"box":{"x":791,"y":732,"width":22,"height":6}},{"id":"fe7e793b-b75e-42e7-9d64-f2ea4583f357","block_type":"box","text":"0.15","page_number":1,"box":{"x":838,"y":732,"width":20,"height":6}},{"id":"0c8983e5-510d-43a5-a5ae-74a61bd5d77a","block_type":"box","text":"0.00","page_number":1,"box":{"x":878,"y":732,"width":24,"height":6}},{"id":"8452e1ab-6235-4978-9d5a-ad016b900d2d","block_type":"box","text":"0.15","page_number":1,"box":{"x":928,"y":732,"width":19,"height":6}},{"id":"c29f7142-2271-44b4-ad37-d73d1d77716f","block_type":"box","text":"2024","page_number":1,"box":{"x":360,"y":747,"width":29,"height":6}},{"id":"3fc7023d-4c88-4883-9678-0df96fe3455f","block_type":"box","text":"‑","page_number":1,"box":{"x":427,"y":751,"width":3,"height":0}},{"id":"c33dcdcc-bd60-4b76-8e46-7c2430b7f186","block_type":"box","text":"0.69","page_number":1,"box":{"x":432,"y":747,"width":23,"height":6}},{"id":"2730eab1-5242-410c-8bfe-f8b097972c5c","block_type":"box","text":"‑","page_number":1,"box":{"x":455,"y":751,"width":21,"height":2}},{"id":"78948b04-0d9d-438f-83f3-d07805b14c86","block_type":"box","text":"0.93","page_number":1,"box":{"x":477,"y":747,"width":22,"height":6}},{"id":"729e7649-a4b4-4ced-a030-54fd7a47a9d2","block_type":"box","text":"0.08","page_number":1,"box":{"x":520,"y":747,"width":24,"height":6}},{"id":"4dcd3741-9eaf-4a2b-adfc-96f1bb774e3a","block_type":"box","text":"1.25","page_number":1,"box":{"x":570,"y":747,"width":19,"height":6}},{"id":"ec47afb6-95da-4bf3-975a-ecb232b368c5","block_type":"box","text":"0.85","page_number":1,"box":{"x":611,"y":747,"width":23,"height":6}},{"id":"36afd15f-498e-4fef-9700-cf10f867ee0c","block_type":"box","text":"0.69","page_number":1,"box":{"x":656,"y":747,"width":22,"height":6}},{"id":"5b7b2286-44a6-408c-9aa5-511ea89fb648","block_type":"box","text":"1.07","page_number":1,"box":{"x":703,"y":747,"width":20,"height":6}},{"id":"4db5f7e1-f5f9-4488-a905-35f784d828e7","block_type":"box","text":"0.08","page_number":1,"box":{"x":744,"y":747,"width":24,"height":6}},{"id":"241bc30c-4646-4623-a8a8-226428988343","block_type":"box","text":"0.30","page_number":1,"box":{"x":790,"y":747,"width":23,"height":6}},{"id":"d93bf153-4e66-4506-a97e-0f766639880d","block_type":"box","text":"‑","page_number":1,"box":{"x":813,"y":751,"width":20,"height":2}},{"id":"a9de98a2-21a3-4422-8981-c7cc46e62608","block_type":"box","text":"0.60","page_number":1,"box":{"x":834,"y":747,"width":24,"height":6}},{"id":"44407842-dd2a-4f51-9c81-0ee7dcadbc2c","block_type":"box","text":"‑","page_number":1,"box":{"x":858,"y":751,"width":23,"height":2}},{"id":"c2242825-583a-48aa-aad1-ab3845a89674","block_type":"box","text":"0.61","page_number":1,"box":{"x":883,"y":747,"width":19,"height":6}},{"id":"0ba18a81-77a3-4ad1-997b-56cceafeb0dd","block_type":"box","text":"‑","page_number":1,"box":{"x":903,"y":751,"width":23,"height":2}},{"id":"90c58bd4-0678-4de2-919f-f90cb00f773e","block_type":"box","text":"0.15","page_number":1,"box":{"x":928,"y":747,"width":19,"height":6}},{"id":"aa3b9c04-8ccd-4f69-bfa5-e3044c7f134e","block_type":"box","text":"2023","page_number":1,"box":{"x":360,"y":762,"width":28,"height":6}},{"id":"41437d8e-1432-4613-8534-d85b36bd3530","block_type":"box","text":"‑","page_number":1,"box":{"x":431,"y":766,"width":3,"height":0}},{"id":"ad1c96eb-824e-48d7-9f0b-76805f119574","block_type":"box","text":"1.06","page_number":1,"box":{"x":434,"y":762,"width":21,"height":6}},{"id":"eaf1972c-0fbd-47ea-95c3-3648892a44b5","block_type":"box","text":"0.23","page_number":1,"box":{"x":477,"y":762,"width":22,"height":6}},{"id":"0acd07b1-43d4-4da9-a3e6-ee3758a42433","block_type":"box","text":"‑","page_number":1,"box":{"x":517,"y":766,"width":3,"height":0}},{"id":"32f091fc-c23c-4339-b9a1-ebcb7432adec","block_type":"box","text":"0.92","page_number":1,"box":{"x":522,"y":762,"width":22,"height":6}},{"id":"793989f6-4240-4659-b03c-ee6a7e9ef4e5","block_type":"box","text":"0.39","page_number":1,"box":{"x":567,"y":762,"width":22,"height":6}},{"id":"28aab100-81ba-41d6-86fb-57210516204c","block_type":"box","text":"‑","page_number":1,"box":{"x":607,"y":766,"width":3,"height":0}},{"id":"4958ef62-104f-43ce-a409-b5ccbb77c285","block_type":"box","text":"0.77","page_number":1,"box":{"x":612,"y":762,"width":22,"height":6}},{"id":"4925b5e6-b7e3-4f09-a5f7-d27c1f3e40a4","block_type":"box","text":"‑","page_number":1,"box":{"x":658,"y":766,"width":3,"height":0}},{"id":"ab0e8d40-6743-40a0-80e7-41e3bc7481a6","block_type":"box","text":"1.71","page_number":1,"box":{"x":662,"y":763,"width":16,"height":5}},{"id":"5ebd8b51-50d1-4d80-8782-6de0a07970b6","block_type":"box","text":"0.71","page_number":1,"box":{"x":704,"y":762,"width":19,"height":6}},{"id":"33a890aa-9eb7-482e-99a4-c3d7536bde5b","block_type":"box","text":"‑","page_number":1,"box":{"x":740,"y":766,"width":3,"height":0}},{"id":"df563343-3407-4f73-b285-cc031b4d0896","block_type":"box","text":"0.08","page_number":1,"box":{"x":744,"y":762,"width":24,"height":6}},{"id":"a31d7aca-a17f-4c20-8903-6ee96d0d7fb4","block_type":"box","text":"‑","page_number":1,"box":{"x":789,"y":766,"width":3,"height":0}},{"id":"c9c10aea-02e4-45d0-81c8-c2629e8821e9","block_type":"box","text":"0.16","page_number":1,"box":{"x":793,"y":762,"width":20,"height":6}},{"id":"ddff9920-8138-460d-9d78-7b53d26a4bd7","block_type":"box","text":"‑","page_number":1,"box":{"x":833,"y":766,"width":3,"height":0}},{"id":"3181d926-77f0-4740-be28-ab2fa2eecc61","block_type":"box","text":"0.16","page_number":1,"box":{"x":838,"y":762,"width":20,"height":6}},{"id":"c6224391-1c95-41cc-bb66-77906b0c92db","block_type":"box","text":"0.87","page_number":1,"box":{"x":879,"y":762,"width":23,"height":6}},{"id":"e7640c82-38fe-4ba0-b20d-e0a28c81d9a8","block_type":"box","text":"1.17","page_number":1,"box":{"x":931,"y":763,"width":16,"height":5}},{"id":"056267dc-ae2f-4b2e-8e3f-8e26776df24f","block_type":"box","text":"2022","page_number":1,"box":{"x":360,"y":779,"width":28,"height":6}},{"id":"627c958d-fe8c-4119-aedf-bca6e25d3f42","block_type":"box","text":"0.08","page_number":1,"box":{"x":431,"y":779,"width":24,"height":6}},{"id":"6db90b1b-2395-43de-89ec-865ad9c9513b","block_type":"box","text":"0.70","page_number":1,"box":{"x":477,"y":779,"width":23,"height":6}},{"id":"525f4da4-8a94-4453-9750-31587b694f03","block_type":"box","text":"0.92","page_number":1,"box":{"x":522,"y":779,"width":22,"height":6}},{"id":"db7120ef-42b1-42a5-a23d-afbf9b820732","block_type":"box","text":"1.45","page_number":1,"box":{"x":569,"y":779,"width":20,"height":6}},{"id":"9eedfbcd-1b1c-46a2-ac66-f5f664e1e0f6","block_type":"box","text":"0.60","page_number":1,"box":{"x":610,"y":779,"width":24,"height":6}},{"id":"54d3089e-7f10-4f8a-8861-113053915bb3","block_type":"box","text":"‑","page_number":1,"box":{"x":651,"y":783,"width":3,"height":0}},{"id":"7e8e6d7f-83e1-444c-ab0c-e034215dda4e","block_type":"box","text":"0.30","page_number":1,"box":{"x":656,"y":779,"width":23,"height":6}},{"id":"4e971f9c-1cd2-4322-935a-96020f593619","block_type":"box","text":"‑","page_number":1,"box":{"x":697,"y":783,"width":3,"height":0}},{"id":"a412565a-77c3-4334-803a-8ecf87596a40","block_type":"box","text":"0.22","page_number":1,"box":{"x":701,"y":779,"width":23,"height":6}},{"id":"2c146473-784d-476c-b609-fb5f29881585","block_type":"box","text":"0.07","page_number":1,"box":{"x":745,"y":779,"width":23,"height":6}},{"id":"03e4c943-04fc-4d18-a847-8acde860c4fa","block_type":"box","text":"‑","page_number":1,"box":{"x":787,"y":783,"width":3,"height":0}},{"id":"9194412a-6f78-4f1a-b1a8-088c0b891ada","block_type":"box","text":"2.02","page_number":1,"box":{"x":790,"y":779,"width":23,"height":6}},{"id":"a1ef295c-e5d7-4b61-a096-c892458d47d9","block_type":"box","text":"0.23","page_number":1,"box":{"x":836,"y":779,"width":22,"height":6}},{"id":"c7eecd06-b70d-48b2-9963-33c2f07a758f","block_type":"box","text":"0.31","page_number":1,"box":{"x":883,"y":779,"width":19,"height":6}},{"id":"d778d729-7f30-4435-a2ce-b8a98eafa481","block_type":"box","text":"0.00","page_number":1,"box":{"x":923,"y":779,"width":24,"height":6}},{"id":"f8dfaa76-1841-46c3-83f3-678c8bde03e2","block_type":"box","text":"Source: FE Analytics. Based on Sterling class C - Accumulation shares, on a total return basis to 30","page_number":1,"box":{"x":361,"y":796,"width":528,"height":8}},{"id":"d4937ccc-be62-4a17-9faa-e959ca151d0b","block_type":"box","text":"September 2026. Performance is shown net of fees with income reinvested. Data prior to the launch of the C","page_number":1,"box":{"x":361,"y":806,"width":589,"height":8}},{"id":"2ec75732-c63f-4540-b251-1e3e5abaf978","block_type":"box","text":"accumulation share class is based on B income shares. On 20.01.2020, this fund moved from a single pricing","page_number":1,"box":{"x":361,"y":816,"width":588,"height":8}},{"id":"d0de2d0f-13bd-49cc-9441-8e074c75aec7","block_type":"box","text":"basis (mid) to a swing pricing basis.","page_number":1,"box":{"x":361,"y":827,"width":190,"height":7}},{"id":"31c3c932-0b42-4714-8d39-fc6964018046","block_type":"box","text":"The performance information presented on this page relates to the past. Past performance is not a","page_number":1,"box":{"x":360,"y":838,"width":562,"height":9}},{"id":"ff5c26e0-d926-4bce-88fe-45a61a751486","block_type":"box","text":"reliable indicator of future returns.","page_number":1,"box":{"x":361,"y":849,"width":195,"height":6}},{"id":"a71341c8-5414-4eed-84ee-7f24643902bd","block_type":"box","text":"Investing involves risk. The value of an investment can go down as well as up which means that you","page_number":1,"box":{"x":361,"y":861,"width":568,"height":8}},{"id":"1ee58436-b8ea-4c45-82f2-6da55543af11","block_type":"box","text":"could get back less than you originally invested when you come to sell your investment. The value of","page_number":1,"box":{"x":360,"y":871,"width":574,"height":8}},{"id":"bb3a9c3f-4bcc-4336-9108-a5093200a811","block_type":"box","text":"your investment might not keep up with any rise in the cost of living. More information about the risks","page_number":1,"box":{"x":360,"y":881,"width":585,"height":8}},{"id":"850aab73-4fd1-4a08-b877-b2cfb4de44ac","block_type":"box","text":"of investment is provided later in this document.","page_number":1,"box":{"x":360,"y":891,"width":278,"height":8}},{"id":"c0206778-e1f5-4fb8-a378-7d05da515cb2","block_type":"box","text":"Sterling class C - Accumulation shares","page_number":1,"box":{"x":49,"y":111,"width":324,"height":12}},{"id":"e3e59a1a-7916-4677-9361-0e688aa77414","block_type":"box","text":"Premier Miton","page_number":1,"box":{"x":50,"y":67,"width":145,"height":11}},{"id":"9e7a182e-00d6-45ed-99a2-fefc718b8387","block_type":"box","text":"Alternative Investments Fund","page_number":1,"box":{"x":47,"y":83,"width":513,"height":19}},{"id":"ea8157d0-c76f-4504-b35d-84940a1ce0f9","block_type":"box","text":"MORE INFORMATION","page_number":1,"box":{"x":362,"y":969,"width":127,"height":6}},{"id":"e4e0e0cb-a27c-43a9-b1b2-4ff2b797b8b0","block_type":"box","text":"0333 456 4560","page_number":1,"box":{"x":509,"y":969,"width":82,"height":6}},{"id":"5bb566b8-2c5d-461e-a345-419eed3784a1","block_type":"box","text":"contactus@premiermiton.com","page_number":1,"box":{"x":606,"y":969,"width":179,"height":8}},{"id":"fce76576-019f-41ba-933f-d8ac47db54b4","block_type":"box","text":"premiermiton.com","page_number":1,"box":{"x":802,"y":969,"width":107,"height":7}},{"id":"7ab60f6a-2b82-4878-959c-fae117618a73","block_type":"box","text":"Investment pillars","page_number":2,"box":{"x":49,"y":90,"width":138,"height":10}},{"id":"98d1912e-df11-4174-817e-3b616d2e059c","block_type":"box","text":"Defined investments","page_number":2,"box":{"x":48,"y":120,"width":126,"height":7}},{"id":"8dc86989-ae7c-4182-9a36-5d3fb20a23c6","block_type":"box","text":"These investments form the core of the","page_number":2,"box":{"x":47,"y":132,"width":228,"height":6}},{"id":"dc50fb7e-9f71-4ac4-b9ba-f52b8e3e9ecf","block_type":"box","text":"fund’s portfolio, and are typically defensive","page_number":2,"box":{"x":47,"y":144,"width":245,"height":8}},{"id":"b8f51803-4311-450e-b2d3-1b141f8f0507","block_type":"box","text":"investments that are expected to be lower risk.","page_number":2,"box":{"x":48,"y":156,"width":269,"height":8}},{"id":"f03b9bae-44df-4d6b-a5f6-43f13e07b514","block_type":"box","text":"These investments tend to produce predictable","page_number":2,"box":{"x":47,"y":168,"width":275,"height":8}},{"id":"4416720e-cac5-4408-bbe8-e4b7510a5ded","block_type":"box","text":"returns and typically have a defined life until","page_number":2,"box":{"x":48,"y":180,"width":255,"height":8}},{"id":"0bb177f3-0140-40a2-a0ed-00926ee02680","block_type":"box","text":"they mature or a defined return or both. The","page_number":2,"box":{"x":47,"y":192,"width":257,"height":7}},{"id":"85c41135-eabe-4c8b-a1a5-3d8825bfa6b8","block_type":"box","text":"defined life allows the fund managers to more","page_number":2,"box":{"x":48,"y":203,"width":268,"height":8}},{"id":"8c26f5fe-212d-444d-aa29-5aced9e97f6b","block_type":"box","text":"easily identify the major risks that may impact","page_number":2,"box":{"x":48,"y":215,"width":266,"height":8}},{"id":"dbe2bc9f-c5c6-44a5-954a-f14bdb1bff21","block_type":"box","text":"the investment and the defined return allows","page_number":2,"box":{"x":47,"y":227,"width":264,"height":6}},{"id":"ce54b4bf-897e-4a6f-90fc-b4783a0bf297","block_type":"box","text":"the fund managers to calculate how the","page_number":2,"box":{"x":47,"y":239,"width":233,"height":8}},{"id":"ef054920-2354-4e95-a433-078739ff37ec","block_type":"box","text":"returns from the investment may be impacted","page_number":2,"box":{"x":48,"y":251,"width":270,"height":8}},{"id":"aee27e29-bf24-436e-bf39-a254dc14c0ca","block_type":"box","text":"if those risks occur.","page_number":2,"box":{"x":48,"y":263,"width":108,"height":6}},{"id":"9089aeec-ac0e-4ade-af9e-cb0c5f6ed26d","block_type":"box","text":"Diversifiers","page_number":2,"box":{"x":48,"y":297,"width":67,"height":6}},{"id":"088e8e9d-a99b-4895-81aa-cca879b9b154","block_type":"box","text":"The alternative investments are used with the","page_number":2,"box":{"x":47,"y":309,"width":265,"height":6}},{"id":"1c9b97cf-f78c-4025-897f-129621d9f3f6","block_type":"box","text":"aim of generating an uncorrelated source of","page_number":2,"box":{"x":48,"y":321,"width":256,"height":8}},{"id":"f9d2a04e-e463-4f03-9058-7056793fa740","block_type":"box","text":"returns compared with traditional asset classes,","page_number":2,"box":{"x":48,"y":333,"width":274,"height":8}},{"id":"9910b032-1586-4907-b60c-e026326e4efe","block_type":"box","text":"such as equities and bonds. This means that","page_number":2,"box":{"x":47,"y":345,"width":256,"height":7}},{"id":"fd6aa532-f97b-4c7b-bbb7-3ea863bf6028","block_type":"box","text":"they are expected to react differently, in terms","page_number":2,"box":{"x":47,"y":357,"width":266,"height":7}},{"id":"0de39b66-243d-464a-b259-fe426c03a4c3","block_type":"box","text":"of price movement, to other types of assets, in","page_number":2,"box":{"x":48,"y":368,"width":264,"height":8}},{"id":"507db583-3137-4acd-9576-1e9e56095111","block_type":"box","text":"normal market conditions. They can provide","page_number":2,"box":{"x":48,"y":380,"width":254,"height":8}},{"id":"661150c9-f701-4df0-b6f9-64e58032bf8f","block_type":"box","text":"diversification benefits in periods where there","page_number":2,"box":{"x":48,"y":392,"width":265,"height":8}},{"id":"6d4ee4a0-a7aa-49fa-8348-cf778e7d8dc9","block_type":"box","text":"is greater fluctuation in financial markets.","page_number":2,"box":{"x":48,"y":404,"width":240,"height":8}},{"id":"206215bb-16a0-4ae1-adfe-295073f29709","block_type":"box","text":"Tactical trades","page_number":2,"box":{"x":47,"y":438,"width":88,"height":6}},{"id":"f3cb379f-5f01-4ae4-b5c3-004bb2b0a626","block_type":"box","text":"These include investment opportunities","page_number":2,"box":{"x":47,"y":450,"width":232,"height":8}},{"id":"e85411e7-f64b-4294-a695-5ed7e0c1aa7f","block_type":"box","text":"identified by the fund managers through","page_number":2,"box":{"x":48,"y":462,"width":238,"height":8}},{"id":"14ce33d6-a74a-4b8a-b9d4-391a697dbb5a","block_type":"box","text":"analysis of individual investment companies","page_number":2,"box":{"x":48,"y":474,"width":255,"height":8}},{"id":"defa040b-5a76-4343-b061-3a5193037f2a","block_type":"box","text":"and particular wider economic themes. They","page_number":2,"box":{"x":48,"y":486,"width":259,"height":8}},{"id":"b464345c-79cc-4a57-8573-51046d5ff161","block_type":"box","text":"tend to have a shorter investment horizon","page_number":2,"box":{"x":47,"y":498,"width":243,"height":6}},{"id":"dae6b28a-3eab-4ff3-a9e4-e6cc4d9c443f","block_type":"box","text":"than other investments in the portfolio. The","page_number":2,"box":{"x":47,"y":510,"width":252,"height":7}},{"id":"5000a8b3-8594-4cfd-b4b3-16308968325f","block_type":"box","text":"managers look for opportunities that take","page_number":2,"box":{"x":363,"y":120,"width":241,"height":8}},{"id":"60ecccc1-8c2b-4510-ae73-8bc952fe0ad2","block_type":"box","text":"advantage of pricing dislocations, for example","page_number":2,"box":{"x":362,"y":132,"width":266,"height":8}},{"id":"8bff5c01-b0ce-43ac-b453-27ab06e1566f","block_type":"box","text":"where they believe an investment is mispriced","page_number":2,"box":{"x":362,"y":144,"width":268,"height":8}},{"id":"6748ae12-cf4b-4a76-abb8-ef5fe5d36bba","block_type":"box","text":"versus their perception of expected return.","page_number":2,"box":{"x":361,"y":156,"width":247,"height":8}},{"id":"b1cb7b0a-bfbe-49ba-8266-bce327cb0396","block_type":"box","text":"Protection strategies","page_number":2,"box":{"x":363,"y":190,"width":125,"height":8}},{"id":"baee396b-8083-4972-8595-b6d19e2f8fa1","block_type":"box","text":"These investments are designed to reduce","page_number":2,"box":{"x":361,"y":202,"width":247,"height":8}},{"id":"52536d8c-489e-4271-9547-40160989a0d7","block_type":"box","text":"the impact of severe price fluctuations and","page_number":2,"box":{"x":362,"y":214,"width":247,"height":8}},{"id":"2a39e29f-79a6-4794-aff7-c13e525b3044","block_type":"box","text":"reduce the potential fall in value of the fund;","page_number":2,"box":{"x":363,"y":226,"width":254,"height":8}},{"id":"b939ff21-994e-4a93-82e0-bcc26bcdd5d0","block_type":"box","text":"they are not intended to be the principal","page_number":2,"box":{"x":362,"y":238,"width":234,"height":8}},{"id":"9b1b2e63-8ae3-4797-a058-8e25a7b655c2","block_type":"box","text":"driver of returns for the fund. They can include","page_number":2,"box":{"x":362,"y":250,"width":267,"height":7}},{"id":"225b7876-695c-4efd-947a-14311eab0203","block_type":"box","text":"reactive hedges, which are investments that","page_number":2,"box":{"x":363,"y":262,"width":255,"height":7}},{"id":"b72e6c25-22ef-494b-b1a9-e1245258a0a4","block_type":"box","text":"aim to offer protection when markets fall and","page_number":2,"box":{"x":362,"y":273,"width":261,"height":8}},{"id":"2f0a9dea-ea05-4242-b81a-ac809fd4c3b1","block_type":"box","text":"those that aim to provide protection for a","page_number":2,"box":{"x":362,"y":285,"width":237,"height":8}},{"id":"0f10655c-fff9-4d61-9461-771b3392f36a","block_type":"box","text":"lower probability event such as a prolonged","page_number":2,"box":{"x":363,"y":297,"width":250,"height":8}},{"id":"58f6c815-69b0-47b5-a3e4-397834013f03","block_type":"box","text":"downturn in markets.","page_number":2,"box":{"x":362,"y":309,"width":124,"height":6}},{"id":"92c733f6-e4f3-4076-94ea-79d48d9256c2","block_type":"box","text":"Please contact your financial adviser if you","page_number":2,"box":{"x":363,"y":331,"width":257,"height":8}},{"id":"fcee0f2b-071c-447d-82e1-7193d8120ac7","block_type":"box","text":"have any questions about the information","page_number":2,"box":{"x":362,"y":343,"width":253,"height":8}},{"id":"d1ffb5f8-712d-417b-af83-8bb063daf58b","block_type":"box","text":"included in this factsheet.","page_number":2,"box":{"x":362,"y":355,"width":156,"height":6}},{"id":"167ff9f4-34ca-4384-bc60-8b9abf26a6b8","block_type":"box","text":"Page 2 of","page_number":2,"box":{"x":883,"y":964,"width":56,"height":8}},{"id":"2de1aa97-e014-4223-80ff-5f8053de09eb","block_type":"box","text":"5","page_number":2,"box":{"x":942,"y":964,"width":6,"height":6}},{"id":"61d85b26-ece7-4796-a18f-bed43b64197f","block_type":"box","text":"Portfolio breakdown","page_number":2,"box":{"x":49,"y":555,"width":157,"height":8}},{"id":"58e01c9b-426f-48ca-9f94-596e41af909b","block_type":"box","text":"n","page_number":2,"box":{"x":49,"y":859,"width":6,"height":5}},{"id":"de4d95ae-427b-4f1b-a912-108f98bc6d89","block_type":"box","text":"Defined","page_number":2,"box":{"x":63,"y":858,"width":44,"height":6}},{"id":"f0a4036f-e09d-42a2-91b1-36dfdbd34b25","block_type":"box","text":"83.6","page_number":2,"box":{"x":301,"y":858,"width":22,"height":6}},{"id":"af138f4d-8461-45da-b2ad-f317f12d8a69","block_type":"box","text":"n","page_number":2,"box":{"x":49,"y":876,"width":6,"height":5}},{"id":"06f20eb7-1c9c-46d0-9b6a-8b1cf52fd22d","block_type":"box","text":"Diversifiers","page_number":2,"box":{"x":63,"y":875,"width":62,"height":6}},{"id":"8d5173bf-0d91-4f39-8d3a-681603c20b72","block_type":"box","text":"22.2","page_number":2,"box":{"x":302,"y":875,"width":21,"height":6}},{"id":"ae5f8e1d-a045-40d8-98e1-d747581b7bd4","block_type":"box","text":"n","page_number":2,"box":{"x":49,"y":893,"width":6,"height":5}},{"id":"d8a64c0b-95d2-4960-a2d4-6523347128e9","block_type":"box","text":"Protection","page_number":2,"box":{"x":63,"y":892,"width":58,"height":6}},{"id":"ef3e7694-f13a-47fe-a1a9-3de50b3a9d79","block_type":"box","text":"21.6","page_number":2,"box":{"x":304,"y":892,"width":19,"height":6}},{"id":"53d5a41a-4f0c-4375-b1b2-6aa14fe79202","block_type":"box","text":"n","page_number":2,"box":{"x":49,"y":910,"width":6,"height":5}},{"id":"4e5c2281-4179-4c47-81e1-9198603be106","block_type":"box","text":"Tactical","page_number":2,"box":{"x":61,"y":909,"width":43,"height":6}},{"id":"c9fa8944-4e57-4c77-acbe-2c3303ad9b47","block_type":"box","text":"9.5","page_number":2,"box":{"x":308,"y":909,"width":15,"height":6}},{"id":"bd1ece85-9bda-4d74-9595-5de145acc02e","block_type":"box","text":"Charges","page_number":2,"box":{"x":362,"y":555,"width":63,"height":10}},{"id":"0bded2e1-15c2-452b-8dd6-ef084c1c2794","block_type":"box","text":"Ongoing charges figure (OCF)","page_number":2,"box":{"x":362,"y":581,"width":181,"height":8}},{"id":"836e3716-a7e0-4bf3-a5c0-e8be276d610c","block_type":"box","text":"0.85%","page_number":2,"box":{"x":605,"y":582,"width":32,"height":6}},{"id":"00f44058-7548-40dc-a747-04e5930a9c7b","block_type":"box","text":"as at 31.05.2026","page_number":2,"box":{"x":362,"y":594,"width":87,"height":6}},{"id":"b91988b7-8bd6-4058-8f5b-81bb4cc9da38","block_type":"box","text":"The OCF is based on the last year’s expenses","page_number":2,"box":{"x":361,"y":615,"width":257,"height":8}},{"id":"cba5ff06-401c-427a-973d-72de63f6b74b","block_type":"box","text":"and may vary from year to year. It excludes","page_number":2,"box":{"x":362,"y":627,"width":246,"height":8}},{"id":"da26b1cc-ebd2-4ced-932f-5c9fb17b54b5","block_type":"box","text":"the costs of buying or selling assets for the","page_number":2,"box":{"x":362,"y":639,"width":245,"height":8}},{"id":"a8f5cf72-670a-4c89-98d7-c4e783514cd5","block_type":"box","text":"fund (unless these assets are shares of another","page_number":2,"box":{"x":362,"y":651,"width":270,"height":8}},{"id":"837bd147-eabd-4cd7-b64b-b3be3f36a83e","block_type":"box","text":"fund). The OCF covers management and","page_number":2,"box":{"x":362,"y":663,"width":235,"height":8}},{"id":"8e36fb73-924a-4b30-afb7-d890b863575c","block_type":"box","text":"other ongoing operational expenses incurred","page_number":2,"box":{"x":362,"y":675,"width":261,"height":8}},{"id":"438d26fa-0d12-4613-bbef-a1be22cddb6b","block_type":"box","text":"in respect of operating and managing the","page_number":2,"box":{"x":362,"y":687,"width":243,"height":8}},{"id":"8528f983-5990-407f-bc85-77fa072a8921","block_type":"box","text":"Fund, but it does not include transaction costs","page_number":2,"box":{"x":363,"y":699,"width":267,"height":7}},{"id":"f4a24713-0dab-4196-b714-777adf9e4d70","block_type":"box","text":"which are associated with buying and selling","page_number":2,"box":{"x":362,"y":711,"width":259,"height":7}},{"id":"3e59f866-9e11-4f88-8abb-c283027737dd","block_type":"box","text":"investments in a fund. All charges can be found","page_number":2,"box":{"x":362,"y":722,"width":274,"height":8}},{"id":"6fda606b-3a86-42a6-a39c-3413688b49de","block_type":"box","text":"in the","page_number":2,"box":{"x":362,"y":734,"width":32,"height":6}},{"id":"d79455b9-ab39-466e-9710-b12b10a38589","block_type":"box","text":"Total Costs and Charges Document","page_number":2,"box":{"x":398,"y":734,"width":206,"height":8}},{"id":"07928d69-e260-4b33-ab68-dd7c5344fc18","block_type":"box","text":".","page_number":2,"box":{"x":605,"y":740,"width":1,"height":0}},{"id":"29f97d70-3b22-49eb-8ffc-7f4581c9a73c","block_type":"box","text":"Initial charge","page_number":2,"box":{"x":363,"y":756,"width":78,"height":8}},{"id":"15d7bd40-6024-45e5-9ab1-b4614bfaf819","block_type":"box","text":"0.00%","page_number":2,"box":{"x":603,"y":757,"width":34,"height":5}},{"id":"c084f3b3-c535-43b1-aab8-a159adf0945f","block_type":"box","text":"Charges are taken from income","page_number":2,"box":{"x":362,"y":778,"width":192,"height":8}},{"id":"cd028a00-30d7-4ae9-a5a3-effe789c2fa1","block_type":"box","text":"The fund’s charges will be taken from income","page_number":2,"box":{"x":361,"y":800,"width":265,"height":8}},{"id":"8dba3dc3-079b-4e39-ac83-52653becd533","block_type":"box","text":"generated by the fund in the form of interest","page_number":2,"box":{"x":362,"y":812,"width":259,"height":8}},{"id":"7d0ba014-f9b6-4c16-bed6-dd4008dae659","block_type":"box","text":"or dividends. If there is not enough income to","page_number":2,"box":{"x":362,"y":824,"width":263,"height":8}},{"id":"891de0be-055e-47a7-87a0-0a94956d4225","block_type":"box","text":"cover the charges, the rest of the charges will","page_number":2,"box":{"x":362,"y":836,"width":260,"height":8}},{"id":"2245592d-cccb-41a0-a2bf-48443d4d369c","block_type":"box","text":"be taken from the fund’s capital which could","page_number":2,"box":{"x":363,"y":848,"width":258,"height":8}},{"id":"d1c36912-b2b4-4085-b052-87414059168f","block_type":"box","text":"result in capital erosion or constrain capital","page_number":2,"box":{"x":363,"y":860,"width":246,"height":7}},{"id":"8aec8a50-af12-4dd9-a484-3b3c2ac2a660","block_type":"box","text":"growth.","page_number":2,"box":{"x":362,"y":872,"width":44,"height":7}},{"id":"c7da4c0e-cb5f-4880-a84d-e18ee69c99a1","block_type":"box","text":"This fund utilises derivatives, a type of contract","page_number":2,"box":{"x":47,"y":582,"width":276,"height":8}},{"id":"125b0b0e-fd22-44ff-902d-b0e65b1e6655","block_type":"box","text":"where the value is based on the change in price","page_number":2,"box":{"x":47,"y":592,"width":275,"height":7}},{"id":"dab2e14a-9bd1-4ec5-b033-9f7120fcb7a7","block_type":"box","text":"of a specific underlying asset or index. The Gross","page_number":2,"box":{"x":47,"y":601,"width":276,"height":8}},{"id":"6ce334dd-e9ef-46cc-a6a5-66ac7c5324ab","block_type":"box","text":"exposure refers to the absolute proportion of","page_number":2,"box":{"x":47,"y":611,"width":276,"height":7}},{"id":"356d4107-4b0b-4c0e-a4f7-ed43434a486e","block_type":"box","text":"the fund’s investments to the specific themes","page_number":2,"box":{"x":47,"y":620,"width":276,"height":8}},{"id":"4d1c38be-18ea-4ea2-886f-342793e0e6db","block_type":"box","text":"taking into consideration both the derivative","page_number":2,"box":{"x":47,"y":630,"width":275,"height":7}},{"id":"105dbac6-3283-44ec-a040-e2388b14af2b","block_type":"box","text":"position as well as the fund’s holdings in the","page_number":2,"box":{"x":48,"y":639,"width":274,"height":8}},{"id":"05750638-7309-4bfa-bd88-78894fb8d417","block_type":"box","text":"underlying asset.","page_number":2,"box":{"x":48,"y":649,"width":97,"height":7}},{"id":"a665efe9-6fd8-487d-af89-5f761f852c2b","block_type":"box","text":"Investment pillar allocation","page_number":2,"box":{"x":48,"y":694,"width":191,"height":9}},{"id":"bada2244-4432-4774-b921-f3c5ad302bfe","block_type":"box","text":"(%)","page_number":2,"box":{"x":246,"y":694,"width":16,"height":9}},{"id":"234ce4b4-c248-4f72-890f-a0ef03454886","block_type":"box","text":"Gross exposure","page_number":2,"box":{"x":48,"y":704,"width":99,"height":9}},{"id":"48b8edcf-d4ab-4269-a1df-21559540b943","block_type":"box","text":"Volatility","page_number":2,"box":{"x":676,"y":555,"width":68,"height":10}},{"id":"92b5678a-1edb-4a8e-ab62-861436e9d69c","block_type":"box","text":"Three year annualised volatility","page_number":2,"box":{"x":676,"y":582,"width":215,"height":9}},{"id":"b5dca61e-67e2-4e2e-a5d4-90a846ea10ae","block_type":"box","text":"(%)","page_number":2,"box":{"x":896,"y":582,"width":16,"height":9}},{"id":"fc9afc72-eb52-459d-b6af-9f206b866dce","block_type":"box","text":"Fund","page_number":2,"box":{"x":677,"y":605,"width":27,"height":6}},{"id":"86cd7eb0-ecdc-4544-98fb-aaf04e7a3e9a","block_type":"box","text":"2.00%","page_number":2,"box":{"x":919,"y":605,"width":32,"height":6}},{"id":"9a0fae7a-fa63-43c4-ae59-3e9957db8493","block_type":"box","text":"Bloomberg World Large & Mid Cap","page_number":2,"box":{"x":677,"y":623,"width":192,"height":8}},{"id":"83b7e960-2259-4948-9a02-d62dda1cef9f","block_type":"box","text":"11.84%","page_number":2,"box":{"x":918,"y":624,"width":33,"height":6}},{"id":"027af76b-985c-42b1-9ce6-7f8015f88c60","block_type":"box","text":"Volatility as a % of Bloomberg World Large & Mid","page_number":2,"box":{"x":676,"y":642,"width":266,"height":8}},{"id":"77638b0c-fee0-43b6-95cd-ef0ef6d0871b","block_type":"box","text":"Cap","page_number":2,"box":{"x":676,"y":654,"width":21,"height":8}},{"id":"ca8060c7-bbb2-462b-8a1f-6c3b5f197951","block_type":"box","text":"16.87%","page_number":2,"box":{"x":916,"y":654,"width":35,"height":6}},{"id":"92bb8178-ecf7-49ae-8c5e-a76cc9f70b4c","block_type":"box","text":"Source: FE Analytics. Calculated on a weekly","page_number":2,"box":{"x":676,"y":677,"width":255,"height":8}},{"id":"d2551d2a-7015-4b42-afe2-f68387d57b6b","block_type":"box","text":"basis. Based on Sterling class C - Accumulation","page_number":2,"box":{"x":677,"y":688,"width":270,"height":7}},{"id":"d4444d40-14c9-4801-8a42-9837ff493d67","block_type":"box","text":"shares to 30 September 2026.","page_number":2,"box":{"x":676,"y":698,"width":171,"height":7}},{"id":"87cf204f-152e-4299-8742-ba2913e4437f","block_type":"box","text":"The objective of the fund is to provide positive","page_number":2,"box":{"x":676,"y":714,"width":265,"height":8}},{"id":"2c67d835-6fd3-49c7-b794-bd31e4922f07","block_type":"box","text":"returns over rolling three year periods in all","page_number":2,"box":{"x":677,"y":725,"width":245,"height":7}},{"id":"8ddefd27-9664-4281-a914-49dd25ef599c","block_type":"box","text":"market conditions with less than a quarter of","page_number":2,"box":{"x":677,"y":735,"width":260,"height":7}},{"id":"30381b9d-4b13-4208-bbbd-a24b17191460","block_type":"box","text":"the volatility of the Bloomberg World Large","page_number":2,"box":{"x":676,"y":745,"width":250,"height":8}},{"id":"6456e49c-1d32-413a-bc5e-8908676d2fee","block_type":"box","text":"and Mid Cap Index, which may result in the","page_number":2,"box":{"x":676,"y":755,"width":250,"height":8}},{"id":"2fcce14e-8660-4457-b593-9ef46bdcb6ea","block_type":"box","text":"returns from the fund being constrained.","page_number":2,"box":{"x":677,"y":765,"width":237,"height":8}},{"id":"8cc8cc6e-7f48-49e2-aa17-3489739fb411","block_type":"box","text":"We believe that the index represents the","page_number":2,"box":{"x":676,"y":775,"width":235,"height":8}},{"id":"76d0afd3-d752-4a46-8614-9a7cda66df4e","block_type":"box","text":"volatility of global equities as an asset class. On","page_number":2,"box":{"x":676,"y":785,"width":269,"height":8}},{"id":"01a6398d-5a79-4537-9903-4c9597d92e66","block_type":"box","text":"01.06.26 the volatility benchmark for the fund","page_number":2,"box":{"x":676,"y":795,"width":260,"height":8}},{"id":"35a6de70-00f4-44c4-94ab-97275f174acd","block_type":"box","text":"changed from the FTSE All-World Index to the","page_number":2,"box":{"x":676,"y":805,"width":267,"height":8}},{"id":"421b646c-e478-42e6-845e-0a8abbd4b25b","block_type":"box","text":"Bloomberg World Large and Mid Cap Index.","page_number":2,"box":{"x":677,"y":815,"width":254,"height":8}},{"id":"c8d7efb2-648f-4519-8c1d-ce3af3958fec","block_type":"box","text":"Factsheet","page_number":2,"box":{"x":771,"y":49,"width":61,"height":6}},{"id":"5fe05693-717c-4a57-8154-a6eaa2b6720c","block_type":"box","text":"30 September 2026","page_number":2,"box":{"x":836,"y":49,"width":115,"height":8}},{"id":"c88c842e-843b-4e74-aa6a-b42bab1be2ca","block_type":"box","text":"Premier Miton Alternative Investments Fund","page_number":2,"box":{"x":48,"y":38,"width":346,"height":9}},{"id":"42c938f3-773e-4e31-a835-0b3bc1009b9d","block_type":"box","text":"Sterling class C - Accumulation shares","page_number":2,"box":{"x":47,"y":52,"width":230,"height":8}},{"id":"b9cbf5f1-23b9-4b9e-bca9-371b53dc21bf","block_type":"box","text":"Page 3 of","page_number":3,"box":{"x":883,"y":964,"width":56,"height":8}},{"id":"8d1bb7f7-4a23-4228-ac49-7f14e170933c","block_type":"box","text":"5","page_number":3,"box":{"x":942,"y":964,"width":6,"height":6}},{"id":"f03e73ef-96b8-47d7-a8ab-3f41d8a9a6df","block_type":"box","text":"A typical","page_number":3,"box":{"x":47,"y":86,"width":66,"height":10}},{"id":"eac4f1a0-2cb8-4dc6-b7d7-797d285ab89f","block_type":"box","text":"investor in","page_number":3,"box":{"x":48,"y":99,"width":79,"height":8}},{"id":"e80630b6-e6bb-4842-b46e-2b230b92767d","block_type":"box","text":"the fund","page_number":3,"box":{"x":47,"y":112,"width":66,"height":8}},{"id":"de292a4e-d585-4efa-a78a-9cfb01132e9d","block_type":"box","text":"This fund may not be compatible for","page_number":3,"box":{"x":705,"y":85,"width":220,"height":8}},{"id":"7727bad8-2941-4174-8fbb-6335a462233a","block_type":"box","text":"clients who:","page_number":3,"box":{"x":706,"y":96,"width":71,"height":6}},{"id":"aa955607-5e73-46c8-bac5-da3d3494746c","block_type":"box","text":"This fund may be compatible for clients","page_number":3,"box":{"x":171,"y":86,"width":240,"height":8}},{"id":"37fd537f-b893-4e47-a122-483314983b6c","block_type":"box","text":"who:","page_number":3,"box":{"x":171,"y":97,"width":29,"height":6}},{"id":"1eda4b78-e00e-4221-989c-5e80d9d4a2eb","block_type":"box","text":"ܥ","page_number":3,"box":{"x":175,"y":112,"width":4,"height":1}},{"id":"577276ee-eaf2-4a33-af10-43d959d2f820","block_type":"box","text":"are seeking the potential for growth on","page_number":3,"box":{"x":186,"y":109,"width":225,"height":8}},{"id":"a69f6d3a-aa66-446d-a18f-ac03e4e47eaf","block_type":"box","text":"their original investment","page_number":3,"box":{"x":185,"y":120,"width":143,"height":8}},{"id":"99c1f42d-e648-491f-9c46-5eb0f7634165","block_type":"box","text":"ܥ","page_number":3,"box":{"x":175,"y":133,"width":4,"height":1}},{"id":"e47035b7-9b2d-41f7-a7c8-84d3eadc8792","block_type":"box","text":"can invest for the medium-term, by","page_number":3,"box":{"x":186,"y":130,"width":205,"height":8}},{"id":"539c92e0-7f05-4003-a433-a0fe7f53d6ca","block_type":"box","text":"which we mean staying invested for at","page_number":3,"box":{"x":185,"y":141,"width":223,"height":8}},{"id":"6374fbea-b637-477c-bd89-cb9e9f3efc3c","block_type":"box","text":"least 3 years","page_number":3,"box":{"x":186,"y":152,"width":68,"height":8}},{"id":"eda0c464-8362-4e94-b611-ff1c2694255a","block_type":"box","text":"ܥ","page_number":3,"box":{"x":175,"y":166,"width":4,"height":0}},{"id":"f19ef871-ddb2-42b3-a59a-140f49575183","block_type":"box","text":"understand the risks of investing,","page_number":3,"box":{"x":186,"y":163,"width":191,"height":7}},{"id":"7919ab56-db7c-46af-8b1b-7940eabc65b2","block_type":"box","text":"including the risk that they could lose","page_number":3,"box":{"x":186,"y":173,"width":217,"height":8}},{"id":"a42a8de3-232e-4608-be53-291add5c1b04","block_type":"box","text":"some of the amount originally invested","page_number":3,"box":{"x":186,"y":184,"width":226,"height":8}},{"id":"942d2773-287d-44de-89a2-00962f39a3c1","block_type":"box","text":"ܥ","page_number":3,"box":{"x":175,"y":198,"width":4,"height":0}},{"id":"6bf9ae7d-8a5b-4511-91d1-020cc281f44e","block_type":"box","text":"are comfortable with seeing the value","page_number":3,"box":{"x":186,"y":195,"width":219,"height":7}},{"id":"50e33f58-fa20-4756-98c8-6f97a3daa132","block_type":"box","text":"of their investment go up and down.","page_number":3,"box":{"x":453,"y":109,"width":211,"height":8}},{"id":"8e2c044b-087e-47e1-b529-6e87b7832420","block_type":"box","text":"There will be times when the value of","page_number":3,"box":{"x":452,"y":120,"width":217,"height":6}},{"id":"c214ed34-3f4d-46f2-864e-f8f01d1a7d8c","block_type":"box","text":"the fund will fall, especially over the","page_number":3,"box":{"x":453,"y":130,"width":203,"height":8}},{"id":"7d825b38-1678-4da2-891e-21a1e1cb70ea","block_type":"box","text":"short-term","page_number":3,"box":{"x":453,"y":141,"width":62,"height":6}},{"id":"fb497dbd-c4ff-4244-b45d-fb87ced01885","block_type":"box","text":"ܥ","page_number":3,"box":{"x":442,"y":155,"width":4,"height":0}},{"id":"0d078a23-e380-407c-8f5a-6835bc3f9214","block_type":"box","text":"understand that there is no guarantee","page_number":3,"box":{"x":454,"y":152,"width":221,"height":8}},{"id":"e2e937b6-6b99-442b-a7ca-1a56efadc5ce","block_type":"box","text":"on the amount of investment growth","page_number":3,"box":{"x":453,"y":163,"width":215,"height":7}},{"id":"3919acce-089f-44ca-89ed-06dcc1552d21","block_type":"box","text":"they can expect to receive during the","page_number":3,"box":{"x":453,"y":173,"width":215,"height":8}},{"id":"ab46accc-71a9-448c-b4ee-2b690507dffd","block_type":"box","text":"period that they remain invested","page_number":3,"box":{"x":454,"y":184,"width":188,"height":8}},{"id":"19a0ce61-66d9-4dc9-a6ce-38f7e9c95e0b","block_type":"box","text":"ܥ","page_number":3,"box":{"x":710,"y":112,"width":5,"height":1}},{"id":"440db85e-2720-4bd0-b180-43a4a4a186ae","block_type":"box","text":"are fully risk averse / have no risk","page_number":3,"box":{"x":721,"y":108,"width":187,"height":9}},{"id":"c9cd9de3-3563-44d8-b803-e1ecf35a0830","block_type":"box","text":"tolerance","page_number":3,"box":{"x":721,"y":120,"width":54,"height":6}},{"id":"52f540d0-570d-49ea-b477-db5ac3986dcb","block_type":"box","text":"ܥ","page_number":3,"box":{"x":710,"y":134,"width":5,"height":0}},{"id":"56af8a56-63f6-47e7-bf08-9b8461f05d31","block_type":"box","text":"have a short term investment time","page_number":3,"box":{"x":722,"y":131,"width":200,"height":6}},{"id":"d042c6e2-7258-4e59-b385-a354e0c69812","block_type":"box","text":"horizon","page_number":3,"box":{"x":722,"y":141,"width":41,"height":6}},{"id":"312f115c-41a3-44fd-9ff3-409c40035b37","block_type":"box","text":"ܥ","page_number":3,"box":{"x":710,"y":155,"width":5,"height":0}},{"id":"dc3eca8a-8f35-4997-b813-438864b28bca","block_type":"box","text":"are seeking to receive a regular level of","page_number":3,"box":{"x":721,"y":152,"width":224,"height":8}},{"id":"daf2b7fb-8e9f-4316-8b94-e0f650d561bb","block_type":"box","text":"income","page_number":3,"box":{"x":722,"y":163,"width":42,"height":6}},{"id":"ca5c121d-bf42-4ab7-b55c-229274eb8ea4","block_type":"box","text":"ܥ","page_number":3,"box":{"x":710,"y":176,"width":5,"height":1}},{"id":"fbbce904-6fe8-4137-976e-f2fb7554d26f","block_type":"box","text":"are looking for a guaranteed level of","page_number":3,"box":{"x":721,"y":173,"width":208,"height":8}},{"id":"bf559ae1-987f-41c5-9335-1dec619c326b","block_type":"box","text":"investment growth","page_number":3,"box":{"x":722,"y":184,"width":109,"height":8}},{"id":"6b56d28f-f031-492b-9739-7b9e29354ee2","block_type":"box","text":"ܥ","page_number":3,"box":{"x":710,"y":198,"width":5,"height":0}},{"id":"28523f37-d0b1-4165-9e41-78332ac3cbfb","block_type":"box","text":"would be uncomfortable with","page_number":3,"box":{"x":721,"y":195,"width":172,"height":6}},{"id":"6be1dd69-c2f1-444e-85a5-ff823e546de5","block_type":"box","text":"seeing the value of their investment","page_number":3,"box":{"x":721,"y":205,"width":208,"height":8}},{"id":"5c716cce-4cf5-43b1-8cb4-d3d2b39f57c5","block_type":"box","text":"fluctuating","page_number":3,"box":{"x":721,"y":216,"width":63,"height":8}},{"id":"1d160c77-d931-48c7-9ea9-7ddbcfc3d218","block_type":"box","text":"How the","page_number":3,"box":{"x":50,"y":248,"width":64,"height":8}},{"id":"2cb71066-f0ef-41b9-a3fe-e1cbb6fa9d6d","block_type":"box","text":"fund might","page_number":3,"box":{"x":48,"y":261,"width":88,"height":10}},{"id":"4cbdb1c3-d931-4568-9efe-a813d48359ea","block_type":"box","text":"perform","page_number":3,"box":{"x":50,"y":274,"width":61,"height":10}},{"id":"03b192cd-9c1b-4bda-a16f-62d2e1518e41","block_type":"box","text":"This fund invests in a portfolio of","page_number":3,"box":{"x":172,"y":248,"width":187,"height":7}},{"id":"777e08b6-e776-4142-962b-bf6addc2a5f3","block_type":"box","text":"investments that are considered to be","page_number":3,"box":{"x":173,"y":258,"width":220,"height":7}},{"id":"f3222f09-041d-4d36-85a3-25e7eeb824ec","block_type":"box","text":"lower risk, covering different asset classes.","page_number":3,"box":{"x":173,"y":269,"width":240,"height":8}},{"id":"6a6ed0f3-b7b6-46c0-b3e9-4524639502e7","block_type":"box","text":"This includes equities (company shares),","page_number":3,"box":{"x":172,"y":280,"width":232,"height":8}},{"id":"e8d72cc7-efaf-41f4-8bce-ef5bb077a130","block_type":"box","text":"fixed income (bonds), and alternative","page_number":3,"box":{"x":172,"y":290,"width":215,"height":8}},{"id":"ed2e7190-7f53-4561-bae0-d773e01bb495","block_type":"box","text":"investments (which may include Real","page_number":3,"box":{"x":173,"y":301,"width":215,"height":8}},{"id":"aa95995a-5b27-4bff-b7df-a0a7921c3fb3","block_type":"box","text":"Estate Investment Trusts, and investments","page_number":3,"box":{"x":174,"y":312,"width":245,"height":7}},{"id":"7bd720c1-d618-4025-bec1-b93519c88305","block_type":"box","text":"aimed at making positive returns in all","page_number":3,"box":{"x":173,"y":322,"width":221,"height":8}},{"id":"037d2b6f-155d-495b-9bf6-b4a1b1bf0a70","block_type":"box","text":"market conditions).","page_number":3,"box":{"x":173,"y":333,"width":111,"height":8}},{"id":"db0ca0c6-8898-4cdf-b4fe-f036f4dc6d88","block_type":"box","text":"Bond markets tend to do better when","page_number":3,"box":{"x":174,"y":346,"width":218,"height":6}},{"id":"5e02a3d0-d6d3-4201-8f17-9d7d1236111e","block_type":"box","text":"inflation and interest rates are low or","page_number":3,"box":{"x":173,"y":357,"width":211,"height":6}},{"id":"c6a1ca63-732c-4409-9c4e-e4658cddbff2","block_type":"box","text":"falling and worse when they are rising.","page_number":3,"box":{"x":172,"y":368,"width":222,"height":7}},{"id":"cb60db7c-f099-44c2-a580-032a0bc95b58","block_type":"box","text":"Equity markets tend to do better when","page_number":3,"box":{"x":174,"y":378,"width":223,"height":8}},{"id":"c304693b-33e6-45b4-82b7-d1a2862ef06b","block_type":"box","text":"economic growth is stronger and worse","page_number":3,"box":{"x":173,"y":389,"width":230,"height":8}},{"id":"5b76feeb-7196-4392-b9f3-1891d31aae79","block_type":"box","text":"when it is weaker. Property companies","page_number":3,"box":{"x":172,"y":400,"width":223,"height":8}},{"id":"7661aa9f-3d82-45e5-84eb-d67b5e537065","block_type":"box","text":"will be impacted by all those factors,","page_number":3,"box":{"x":172,"y":410,"width":209,"height":8}},{"id":"63456520-49c1-4a9f-bddf-6cd3b059e525","block_type":"box","text":"in the same way, whilst the alternative","page_number":3,"box":{"x":173,"y":421,"width":220,"height":8}},{"id":"25ae5a73-bf07-40c4-b1ec-7e43de405f17","block_type":"box","text":"investments typically perform in a less","page_number":3,"box":{"x":440,"y":248,"width":220,"height":7}},{"id":"d3756481-7fd6-4d57-a07e-d6adf560fb37","block_type":"box","text":"correlated way to those factors.","page_number":3,"box":{"x":440,"y":258,"width":178,"height":8}},{"id":"8e304e05-2422-4f0b-8445-bad8e0498a8f","block_type":"box","text":"The fund managers seek to adjust the","page_number":3,"box":{"x":439,"y":271,"width":220,"height":8}},{"id":"ae68a80d-175d-4788-9063-9ed54963a244","block_type":"box","text":"amount of the fund that is invested in","page_number":3,"box":{"x":440,"y":282,"width":217,"height":6}},{"id":"b265e0fa-5653-41a0-9687-a61c56aa081e","block_type":"box","text":"each asset class according to the financial","page_number":3,"box":{"x":440,"y":293,"width":241,"height":8}},{"id":"b8d0e01b-6b6d-415e-b179-abb6886e7021","block_type":"box","text":"market conditions. They focus on what","page_number":3,"box":{"x":440,"y":303,"width":223,"height":8}},{"id":"0634db05-21d1-4253-bac5-07f331b512e8","block_type":"box","text":"they view as the most attractive parts of","page_number":3,"box":{"x":439,"y":314,"width":232,"height":8}},{"id":"5ffbeb49-6b8f-42db-b6b5-1a07e0ecb157","block_type":"box","text":"those asset classes at different times as","page_number":3,"box":{"x":439,"y":325,"width":227,"height":6}},{"id":"7927252d-a046-4c43-83d8-a6038b6ed442","block_type":"box","text":"well.","page_number":3,"box":{"x":439,"y":336,"width":25,"height":6}},{"id":"eb53d596-1749-4d07-9394-c30ff16c2153","block_type":"box","text":"As the fund invests in investment funds","page_number":3,"box":{"x":439,"y":349,"width":229,"height":6}},{"id":"6250a479-4b9e-4ada-8cc2-ca5175b90818","block_type":"box","text":"managed by other fund managers,","page_number":3,"box":{"x":440,"y":359,"width":203,"height":8}},{"id":"2c93d5ba-38b6-4012-bb79-11fb4e5a2aec","block_type":"box","text":"performance will be impacted by how","page_number":3,"box":{"x":440,"y":370,"width":220,"height":8}},{"id":"18dfd244-7302-40a7-9a99-46714c8ee8d2","block_type":"box","text":"those fund managers perform. The fund","page_number":3,"box":{"x":439,"y":381,"width":233,"height":8}},{"id":"39675323-8833-4751-9e6a-dd77e8bc5daf","block_type":"box","text":"also uses derivatives (financial contracts","page_number":3,"box":{"x":440,"y":391,"width":230,"height":8}},{"id":"41d3b874-9b13-436d-bdfb-6c667b258515","block_type":"box","text":"whose value is based on the change","page_number":3,"box":{"x":439,"y":402,"width":210,"height":8}},{"id":"fe0452c0-bf83-4113-9e4f-10e81fb08362","block_type":"box","text":"in price of another asset) to mitigate","page_number":3,"box":{"x":440,"y":413,"width":209,"height":8}},{"id":"2c36e9ed-7833-4847-bee8-d89d5492c27e","block_type":"box","text":"certain risks and to make investments","page_number":3,"box":{"x":707,"y":248,"width":220,"height":6}},{"id":"a696a44e-e13d-4dc3-83f3-9a4f1e9e2c6b","block_type":"box","text":"in other asset classes. These are aimed","page_number":3,"box":{"x":707,"y":258,"width":221,"height":7}},{"id":"9afbc226-ca15-4a36-b558-a851eb3783b7","block_type":"box","text":"at providing positive returns from the","page_number":3,"box":{"x":707,"y":269,"width":217,"height":8}},{"id":"7b116422-98f1-4e2d-a58d-0bc6e5bb2951","block_type":"box","text":"fund overall, but can create sharper price","page_number":3,"box":{"x":706,"y":280,"width":237,"height":8}},{"id":"083d76ff-6466-4662-a5c1-29346cd3316e","block_type":"box","text":"moves down and up in the short term in","page_number":3,"box":{"x":707,"y":290,"width":233,"height":8}},{"id":"3e72fdc3-cde1-4505-9038-cdbabe859bbf","block_type":"box","text":"certain financial markets conditions.","page_number":3,"box":{"x":707,"y":301,"width":210,"height":6}},{"id":"20f83243-c6bf-435b-ab0f-e37c81d33582","block_type":"box","text":"You should expect the fund to perform","page_number":3,"box":{"x":706,"y":314,"width":224,"height":8}},{"id":"107935e7-8dd3-426a-9972-b479af886ab3","block_type":"box","text":"differently as economic and financial","page_number":3,"box":{"x":707,"y":325,"width":212,"height":8}},{"id":"2b776bc6-97cf-45a7-a8fe-6596ffb298f3","block_type":"box","text":"market conditions change over time.","page_number":3,"box":{"x":707,"y":336,"width":213,"height":7}},{"id":"bac218ef-1757-44c0-a2d0-d9c2c8cfd041","block_type":"box","text":"For example, should equity markets rise,","page_number":3,"box":{"x":708,"y":346,"width":231,"height":8}},{"id":"044f5e80-cce1-4683-b0cc-5239dc2146c4","block_type":"box","text":"the value of the fund is unlikely to rise","page_number":3,"box":{"x":706,"y":357,"width":218,"height":8}},{"id":"219c04b7-443d-4bb5-b18d-1d5482a096b5","block_type":"box","text":"as much, because it is diversified across","page_number":3,"box":{"x":707,"y":368,"width":228,"height":7}},{"id":"2b5cf4c2-19c5-444f-85ed-12da1b1f3aca","block_type":"box","text":"different asset classes and has a lower","page_number":3,"box":{"x":707,"y":378,"width":218,"height":7}},{"id":"da059f6f-2ca3-40c7-b2d5-a39d783d3ff0","block_type":"box","text":"risk approach. There is no guarantee as to","page_number":3,"box":{"x":707,"y":389,"width":240,"height":8}},{"id":"6371d502-49cf-4478-b137-770552e47087","block_type":"box","text":"how financial markets will perform in the","page_number":3,"box":{"x":707,"y":400,"width":238,"height":8}},{"id":"40012bd9-93fe-469d-a24f-6ab76667877d","block_type":"box","text":"future or how the fund will perform.","page_number":3,"box":{"x":706,"y":410,"width":207,"height":8}},{"id":"35a32bd4-d194-4f75-8511-1a257a68805e","block_type":"box","text":"Performance","page_number":3,"box":{"x":50,"y":457,"width":99,"height":8}},{"id":"fe6a38b4-095c-4db7-b185-5cd8fc0dc0ec","block_type":"box","text":"comparator","page_number":3,"box":{"x":49,"y":471,"width":90,"height":9}},{"id":"e98aad93-17cb-4279-b92c-bc9583fe47ed","block_type":"box","text":"To help investors assess the performance","page_number":3,"box":{"x":172,"y":456,"width":237,"height":8}},{"id":"99a6e6f7-f814-4846-85cb-645dcbd8396a","block_type":"box","text":"of the Fund, SONIA (Sterling Overnight","page_number":3,"box":{"x":173,"y":467,"width":224,"height":8}},{"id":"4beeb596-3050-409a-a237-e160a2b42cdc","block_type":"box","text":"Index Average) is used for comparison","page_number":3,"box":{"x":174,"y":478,"width":218,"height":8}},{"id":"e76414c9-12fa-4f50-8de1-ff4e137e4a48","block_type":"box","text":"purposes. SONIA reflects the average of","page_number":3,"box":{"x":173,"y":488,"width":229,"height":8}},{"id":"4331dc1d-b1e6-465d-99a4-93951f71643a","block_type":"box","text":"the interest rates that banks pay to borrow","page_number":3,"box":{"x":172,"y":499,"width":247,"height":8}},{"id":"b9268d8c-a00a-4995-a97c-7fea4e4b9ea6","block_type":"box","text":"sterling overnight from other financial","page_number":3,"box":{"x":172,"y":510,"width":222,"height":8}},{"id":"0fe12fae-d5f9-4050-b232-157d8692787a","block_type":"box","text":"institutions and other institutional","page_number":3,"box":{"x":440,"y":456,"width":197,"height":7}},{"id":"9c137f04-f13f-4674-90f9-ad7d3711419b","block_type":"box","text":"investors.","page_number":3,"box":{"x":440,"y":467,"width":52,"height":6}},{"id":"5554cdad-9149-409f-8499-9a838d1133fa","block_type":"box","text":"The objective of the fund is to provide","page_number":3,"box":{"x":439,"y":478,"width":218,"height":8}},{"id":"92ea307b-1ec9-410e-ab2e-68d4e8501722","block_type":"box","text":"positive returns over rolling three year","page_number":3,"box":{"x":440,"y":488,"width":218,"height":8}},{"id":"7091d131-ba32-4b57-b321-2ee70f6b06f2","block_type":"box","text":"periods in all market conditions with","page_number":3,"box":{"x":440,"y":499,"width":210,"height":8}},{"id":"8c587a27-6137-4a7f-a753-3b8e5a937958","block_type":"box","text":"less than a quarter of the volatility of the","page_number":3,"box":{"x":440,"y":510,"width":231,"height":8}},{"id":"a84f536c-7953-4775-abc1-b81f60039ae6","block_type":"box","text":"Bloomberg World Large and Mid Cap","page_number":3,"box":{"x":708,"y":456,"width":216,"height":8}},{"id":"5640b291-194e-416f-b41e-d3e24bb62ac5","block_type":"box","text":"Index, which may result in the returns","page_number":3,"box":{"x":708,"y":467,"width":217,"height":8}},{"id":"6c3d62e3-b644-4e4a-95f6-08167b581bc3","block_type":"box","text":"from the fund being constrained. We","page_number":3,"box":{"x":706,"y":478,"width":216,"height":8}},{"id":"0b1019f9-39cb-4da2-9ecd-602f508dbd3f","block_type":"box","text":"believe that the index represents the","page_number":3,"box":{"x":707,"y":488,"width":212,"height":8}},{"id":"17d8b113-f8ec-403a-94ff-9791d79a4105","block_type":"box","text":"volatility of global equities as an asset","page_number":3,"box":{"x":706,"y":499,"width":217,"height":8}},{"id":"fa269579-f88f-4a60-bba5-7b82ab19a680","block_type":"box","text":"class.","page_number":3,"box":{"x":707,"y":510,"width":28,"height":6}},{"id":"64ceadc0-8c14-4be3-8b69-d1ae8982dafc","block_type":"box","text":"Fund","page_number":3,"box":{"x":50,"y":545,"width":38,"height":8}},{"id":"88b64042-248f-42f8-af4b-90d5d436447a","block_type":"box","text":"codes and","page_number":3,"box":{"x":49,"y":558,"width":78,"height":8}},{"id":"eb6f319b-fcd3-4313-9139-ff43317ff45a","block_type":"box","text":"investment","page_number":3,"box":{"x":49,"y":571,"width":88,"height":8}},{"id":"31088b5a-6947-4472-9ed5-8e2781e513c1","block_type":"box","text":"minimums","page_number":3,"box":{"x":50,"y":584,"width":83,"height":8}},{"id":"63c2f356-d748-4d43-876f-394f783f7514","block_type":"box","text":"Fund codes","page_number":3,"box":{"x":178,"y":545,"width":69,"height":6}},{"id":"508a234c-d866-448e-8b5a-a75cca86c3dd","block_type":"box","text":"ISIN","page_number":3,"box":{"x":178,"y":565,"width":22,"height":6}},{"id":"1f182cae-3d6b-491b-80ac-ec23b4ef0ee8","block_type":"box","text":"GB00BTHH0518","page_number":3,"box":{"x":307,"y":565,"width":94,"height":6}},{"id":"5a82783a-94f1-4be3-b2a0-0df3d2f0cb3e","block_type":"box","text":"Sedol","page_number":3,"box":{"x":177,"y":585,"width":33,"height":6}},{"id":"35cceb56-5f1e-4323-9c91-215d2c2c0329","block_type":"box","text":"BTHH051","page_number":3,"box":{"x":308,"y":585,"width":51,"height":6}},{"id":"3c6a67c5-359b-4253-9def-983bd3151af9","block_type":"box","text":"Bloomberg","page_number":3,"box":{"x":178,"y":605,"width":66,"height":8}},{"id":"9cbe7808-060f-462d-8461-5fae63545412","block_type":"box","text":"PREDGCA:LN","page_number":3,"box":{"x":308,"y":605,"width":77,"height":6}},{"id":"1da59322-1c3d-45f3-b290-b94886350ef6","block_type":"box","text":"Minimums","page_number":3,"box":{"x":483,"y":545,"width":63,"height":6}},{"id":"010e4fdc-f49e-4a66-825c-abcd87e2a80c","block_type":"box","text":"Initial","page_number":3,"box":{"x":483,"y":562,"width":30,"height":7}},{"id":"418a5d60-f813-4a52-b25b-e21ab7819db1","block_type":"box","text":"£250,000","page_number":3,"box":{"x":482,"y":575,"width":51,"height":7}},{"id":"b968e240-3fa9-4202-863e-6e8335fab70b","block_type":"box","text":"Top-up","page_number":3,"box":{"x":553,"y":563,"width":41,"height":7}},{"id":"57cd2eb7-15aa-4e6a-831d-9b948aa0e809","block_type":"box","text":"£25,000","page_number":3,"box":{"x":553,"y":575,"width":44,"height":7}},{"id":"0d68d912-79d5-42ac-b1a9-8f42fad8cbde","block_type":"box","text":"Withdrawal","page_number":3,"box":{"x":611,"y":562,"width":68,"height":7}},{"id":"bf6b9a93-b7f2-4fd0-ab23-477bd18251ce","block_type":"box","text":"£25,000","page_number":3,"box":{"x":611,"y":575,"width":44,"height":7}},{"id":"f5146d72-f27a-4a69-b39d-efc5133a4a3b","block_type":"box","text":"Holding","page_number":3,"box":{"x":695,"y":562,"width":45,"height":8}},{"id":"cfb939be-2b34-4f1c-9789-0267b4bc65a6","block_type":"box","text":"£250,000","page_number":3,"box":{"x":694,"y":575,"width":51,"height":7}},{"id":"431679e1-0cf0-4f7b-a7e0-48560c1d3fc0","block_type":"box","text":"Factsheet","page_number":3,"box":{"x":771,"y":49,"width":61,"height":6}},{"id":"01fa87c0-6a5c-4478-a6dc-a9b48c287935","block_type":"box","text":"30 September 2026","page_number":3,"box":{"x":836,"y":49,"width":115,"height":8}},{"id":"0cebc44a-baf3-4e2a-8ca5-949c5da17828","block_type":"box","text":"Premier Miton Alternative Investments Fund","page_number":3,"box":{"x":48,"y":38,"width":346,"height":9}},{"id":"0a049589-ae93-444b-8028-7facf9ad803f","block_type":"box","text":"Sterling class C - Accumulation shares","page_number":3,"box":{"x":47,"y":52,"width":230,"height":8}},{"id":"596e9cc3-8030-4c1a-bfd5-714b113c2379","block_type":"box","text":"Page 4 of","page_number":4,"box":{"x":883,"y":964,"width":57,"height":8}},{"id":"ae8e90f8-f850-4325-84f9-4d139c51e403","block_type":"box","text":"5","page_number":4,"box":{"x":943,"y":964,"width":6,"height":6}},{"id":"6f567409-f6cc-4b3d-a8fe-3c1eb3b9ceb0","block_type":"box","text":"General risks","page_number":4,"box":{"x":48,"y":86,"width":99,"height":8}},{"id":"de43f4c7-6f0c-4f07-8b74-0e362e820e01","block_type":"box","text":"Factsheet","page_number":4,"box":{"x":771,"y":49,"width":61,"height":6}},{"id":"c7a8b83a-61f9-4f0d-a7fa-41b1c0eee185","block_type":"box","text":"30 September 2026","page_number":4,"box":{"x":836,"y":49,"width":115,"height":8}},{"id":"fd469cd0-acd7-40a8-8299-1ce7548e77b2","block_type":"box","text":"Premier Miton Alternative Investments Fund","page_number":4,"box":{"x":48,"y":38,"width":346,"height":9}},{"id":"c16b944f-3c09-4733-a050-5480d52ed74a","block_type":"box","text":"Sterling class C - Accumulation shares","page_number":4,"box":{"x":47,"y":52,"width":230,"height":8}},{"id":"7578b40f-067d-44b4-9a7e-def51859abe1","block_type":"box","text":"Investing involves risk. The value of an","page_number":4,"box":{"x":172,"y":86,"width":216,"height":7}},{"id":"2bcfc945-8bfe-4028-902b-a07ff48a9017","block_type":"box","text":"investment can go down as well as up","page_number":4,"box":{"x":172,"y":96,"width":219,"height":8}},{"id":"fc4d2ccb-6bdf-4306-81f6-e63d7532ce4f","block_type":"box","text":"which means that you could get back less","page_number":4,"box":{"x":171,"y":107,"width":243,"height":8}},{"id":"8384bff9-33ce-4805-b2a7-49c188d4de36","block_type":"box","text":"than you originally invested when you","page_number":4,"box":{"x":171,"y":118,"width":219,"height":7}},{"id":"6bdef797-c8b6-4acb-87c0-312b0d9bd207","block_type":"box","text":"come to sell your investment. The value of","page_number":4,"box":{"x":172,"y":128,"width":242,"height":8}},{"id":"2dbf445a-a915-4bbf-8edd-9aa93d80c3e6","block_type":"box","text":"your investment might not keep up with","page_number":4,"box":{"x":171,"y":139,"width":235,"height":8}},{"id":"9d0af5ce-aff3-40a4-a70b-98fc4f379fb6","block_type":"box","text":"any rise in the cost of living.","page_number":4,"box":{"x":172,"y":150,"width":157,"height":8}},{"id":"ec33a5e3-6ffe-4d77-ac31-872372c0d6d8","block_type":"box","text":"Typically, there is less risk of losing money","page_number":4,"box":{"x":438,"y":86,"width":240,"height":7}},{"id":"ecfd8785-5bdb-419d-b18d-985dd88bde85","block_type":"box","text":"over the long-term (which we define as","page_number":4,"box":{"x":439,"y":96,"width":227,"height":8}},{"id":"998e906f-405c-48d1-b04b-00b20a8ea108","block_type":"box","text":"over 5 years) from an investment that is","page_number":4,"box":{"x":439,"y":107,"width":228,"height":8}},{"id":"04cfb464-7bc4-4016-b7fe-fa0260216326","block_type":"box","text":"considered low risk, although potential","page_number":4,"box":{"x":439,"y":118,"width":223,"height":7}},{"id":"ff84752a-e4d4-4d07-b33b-6016a906c6c5","block_type":"box","text":"returns may also be lower. Investments","page_number":4,"box":{"x":439,"y":128,"width":225,"height":8}},{"id":"4b4949cd-5954-4407-9f36-f4f8378da21b","block_type":"box","text":"considered higher risk typically offer","page_number":4,"box":{"x":439,"y":139,"width":208,"height":8}},{"id":"66daab38-a439-4591-990b-25b9399e256b","block_type":"box","text":"greater opportunities for better long-term","page_number":4,"box":{"x":439,"y":150,"width":242,"height":8}},{"id":"53d4411c-49bb-487b-9e81-d50b028dfbf7","block_type":"box","text":"returns, though the risk of losing money is","page_number":4,"box":{"x":706,"y":86,"width":243,"height":7}},{"id":"91e63111-131b-4c05-bcfb-b45b5e983f4b","block_type":"box","text":"also likely to be higher.","page_number":4,"box":{"x":706,"y":96,"width":130,"height":8}},{"id":"97b8d7c2-40b4-45e8-b4c3-64fbf15d6894","block_type":"box","text":"Premier Miton is unable to provide","page_number":4,"box":{"x":706,"y":107,"width":199,"height":8}},{"id":"30a64745-26ff-4cb9-a32e-4b2f15270c30","block_type":"box","text":"investment, tax or financial planning","page_number":4,"box":{"x":706,"y":118,"width":211,"height":7}},{"id":"3b5addc7-c21a-4e8a-9fc6-5b05ddab4940","block_type":"box","text":"advice. We recommend that you discuss","page_number":4,"box":{"x":706,"y":128,"width":234,"height":8}},{"id":"40cdce46-c30e-4c49-ad1e-d7a621a58b7f","block_type":"box","text":"any investment decisions with a financial","page_number":4,"box":{"x":706,"y":139,"width":237,"height":8}},{"id":"f991ba2b-5d9d-46d2-bb8a-5b8195b5e4b7","block_type":"box","text":"adviser.","page_number":4,"box":{"x":706,"y":150,"width":42,"height":6}},{"id":"aef9bf97-63b9-4a48-aed3-5f9203d7215c","block_type":"box","text":"Specific fund","page_number":4,"box":{"x":48,"y":185,"width":101,"height":10}},{"id":"f4145a42-ff53-475f-998e-b05a6a530d79","block_type":"box","text":"risks","page_number":4,"box":{"x":48,"y":198,"width":34,"height":8}},{"id":"908a4089-507f-465f-8db1-a40ac39dc9c0","block_type":"box","text":"Some of the main specific risks of","page_number":4,"box":{"x":172,"y":185,"width":194,"height":7}},{"id":"b4d2a9e7-6ee8-44a6-83f5-0d857e7b4408","block_type":"box","text":"investing in this fund are summarised","page_number":4,"box":{"x":172,"y":195,"width":218,"height":8}},{"id":"63892bef-d666-4b7e-9a1e-0b8ad6f1327f","block_type":"box","text":"here. Further detail is available in the","page_number":4,"box":{"x":172,"y":206,"width":212,"height":6}},{"id":"c82bec98-92bc-411f-b6aa-476dbff20d21","block_type":"box","text":"prospectus for the fund.","page_number":4,"box":{"x":172,"y":217,"width":138,"height":8}},{"id":"dae58e44-3803-4d1c-98e8-9efb9967c8fa","block_type":"box","text":"Derivatives","page_number":4,"box":{"x":172,"y":233,"width":61,"height":6}},{"id":"fe5110a5-9ba7-49ca-acde-accb0f1ca41d","block_type":"box","text":"Derivatives may be used within funds for","page_number":4,"box":{"x":172,"y":243,"width":217,"height":8}},{"id":"c214246b-8d10-48e2-976b-7e87b2c0ceeb","block_type":"box","text":"different reasons, usually to reduce risk, which","page_number":4,"box":{"x":171,"y":254,"width":243,"height":8}},{"id":"3e1cb412-c4d9-44fa-9485-1980e94fbbd0","block_type":"box","text":"can be called “hedging”. This can limit gains","page_number":4,"box":{"x":171,"y":265,"width":234,"height":8}},{"id":"1a9455e1-a828-4196-a8a1-5527f554d355","block_type":"box","text":"in certain circumstances as well. Derivatives","page_number":4,"box":{"x":172,"y":276,"width":232,"height":6}},{"id":"fa7b7d1b-aa25-49d6-bac1-f6d8aa6db947","block_type":"box","text":"can also be used to generate income or to","page_number":4,"box":{"x":171,"y":286,"width":225,"height":8}},{"id":"583fdcb6-c75b-49fa-ae97-77645f0f6967","block_type":"box","text":"increase the risk being taken, which can","page_number":4,"box":{"x":172,"y":297,"width":212,"height":8}},{"id":"2cd3ddd2-239d-4c17-97d6-9383170dfe1a","block_type":"box","text":"have positive or negative outcomes. The","page_number":4,"box":{"x":172,"y":308,"width":213,"height":7}},{"id":"b0f3f134-7811-4d2f-ba9a-dda10c4990ef","block_type":"box","text":"derivatives used can be options or futures","page_number":4,"box":{"x":171,"y":318,"width":222,"height":8}},{"id":"80a6185f-bf7d-4131-88c1-a466f49945c2","block_type":"box","text":"which are types of contracts that are dealt on","page_number":4,"box":{"x":171,"y":329,"width":240,"height":8}},{"id":"b82273ea-6840-4368-ba9b-28b2cc799663","block_type":"box","text":"an exchange or negotiated with a third party.","page_number":4,"box":{"x":172,"y":340,"width":240,"height":8}},{"id":"8b8c4229-eaa1-4368-902b-e292e263c59d","block_type":"box","text":"More complex derivatives may also be used.","page_number":4,"box":{"x":172,"y":350,"width":233,"height":8}},{"id":"7eddd9c6-e087-49c6-b721-0408aa6fb7c6","block_type":"box","text":"Derivatives can also introduce leverage to a","page_number":4,"box":{"x":172,"y":361,"width":229,"height":8}},{"id":"8b573e49-4729-4c65-81b1-d8f9962a6e48","block_type":"box","text":"fund, which is similar to borrowing money to","page_number":4,"box":{"x":171,"y":372,"width":238,"height":8}},{"id":"f2a212ce-a04d-4ea8-a9c9-7ec5d4d1ad01","block_type":"box","text":"invest.","page_number":4,"box":{"x":172,"y":383,"width":32,"height":6}},{"id":"70cfbaad-ca69-4c4c-bcf0-948d2ee90b5f","block_type":"box","text":"Equities","page_number":4,"box":{"x":172,"y":398,"width":48,"height":8}},{"id":"7c9b7fe1-bb17-4678-a8df-5d589ee4583a","block_type":"box","text":"Equities (company shares) can experience","page_number":4,"box":{"x":172,"y":409,"width":243,"height":8}},{"id":"4938fe53-61d7-4332-98e8-b742713417a2","block_type":"box","text":"high levels of price fluctuation. Smaller","page_number":4,"box":{"x":172,"y":420,"width":223,"height":8}},{"id":"c6073079-8e78-4cdd-af32-849c996cc3cf","block_type":"box","text":"company shares can be riskier than the","page_number":4,"box":{"x":172,"y":431,"width":227,"height":7}},{"id":"8cb01561-d95e-44d7-986e-c8a10aece89a","block_type":"box","text":"largest companies, companies in less","page_number":4,"box":{"x":172,"y":441,"width":214,"height":8}},{"id":"fa78a670-513e-4431-8ced-f8ed829cd4d1","block_type":"box","text":"developed countries (emerging markets)","page_number":4,"box":{"x":172,"y":452,"width":236,"height":8}},{"id":"87d6036f-ad05-415d-a2cd-eff12d76f944","block_type":"box","text":"can be risker than those in developed","page_number":4,"box":{"x":172,"y":463,"width":216,"height":7}},{"id":"6aa13753-0f80-4503-8e96-f2ca5f316dad","block_type":"box","text":"countries and funds focused on a","page_number":4,"box":{"x":172,"y":473,"width":191,"height":7}},{"id":"4560efce-55ca-4ca4-b052-585bf38cf899","block_type":"box","text":"particular country or region can be riskier","page_number":4,"box":{"x":172,"y":484,"width":239,"height":8}},{"id":"adb7d945-57f3-4c24-a935-217b55e2c5cf","block_type":"box","text":"than funds that are more geographically","page_number":4,"box":{"x":171,"y":495,"width":236,"height":8}},{"id":"4400192a-150b-4337-8210-3d390e3ee5f1","block_type":"box","text":"diverse. These risks can result in bigger","page_number":4,"box":{"x":172,"y":505,"width":224,"height":8}},{"id":"4fbdde89-d15d-4516-8b99-39013cdf05bf","block_type":"box","text":"movements in the value of the fund.","page_number":4,"box":{"x":172,"y":516,"width":209,"height":6}},{"id":"ea1ceec9-1d76-4818-9cb7-b49816e1bda6","block_type":"box","text":"Equities can be affected by changes","page_number":4,"box":{"x":172,"y":527,"width":208,"height":8}},{"id":"1e2f0566-3ba2-48e6-aed5-73fb67c225f3","block_type":"box","text":"in central bank interest rates and by","page_number":4,"box":{"x":172,"y":538,"width":208,"height":7}},{"id":"09178014-d715-4fd7-880a-f4b808715cd3","block_type":"box","text":"inflation.","page_number":4,"box":{"x":172,"y":548,"width":48,"height":6}},{"id":"0ebe75fe-7514-40eb-bc0f-b8a8502179ab","block_type":"box","text":"Fixed income","page_number":4,"box":{"x":439,"y":184,"width":80,"height":7}},{"id":"e984e9b5-4507-4884-abc0-c028a3c36e19","block_type":"box","text":"Fixed income investments, such as bonds,","page_number":4,"box":{"x":439,"y":195,"width":243,"height":8}},{"id":"fab52165-2bc3-4995-9784-8c96c2cb4425","block_type":"box","text":"can be higher risk or lower risk depending","page_number":4,"box":{"x":439,"y":206,"width":242,"height":8}},{"id":"3f3c51f2-8849-4a39-bc20-e1345cccff9f","block_type":"box","text":"on the financial strength of the issuer of","page_number":4,"box":{"x":439,"y":217,"width":232,"height":8}},{"id":"80c18100-7910-499a-afda-26939e23f6ad","block_type":"box","text":"the bond, where the bond ranks in the","page_number":4,"box":{"x":438,"y":227,"width":223,"height":8}},{"id":"2ef0d52f-f198-433e-9124-2f5239bb31b9","block_type":"box","text":"issuer’s structure or the length of time","page_number":4,"box":{"x":439,"y":238,"width":221,"height":8}},{"id":"6815e9b1-1e76-4d7a-a453-6cd69855b0b8","block_type":"box","text":"until the bond matures. It is possible that","page_number":4,"box":{"x":439,"y":249,"width":237,"height":8}},{"id":"0c6512dd-8f72-417a-8a6c-5e24a57d5e33","block_type":"box","text":"the income due or the repayment value","page_number":4,"box":{"x":438,"y":260,"width":231,"height":7}},{"id":"f5a2c0d2-80f2-4cd7-9ec1-fa34dd7f9e77","block_type":"box","text":"will not be met. They can be particularly","page_number":4,"box":{"x":438,"y":270,"width":231,"height":8}},{"id":"486df3ab-03e5-4418-8357-1234da30aeaa","block_type":"box","text":"affected by changes in central bank","page_number":4,"box":{"x":439,"y":281,"width":206,"height":8}},{"id":"70c8e4e6-53b2-4611-92c6-1e96c8211ad1","block_type":"box","text":"interest rates and by inflation.","page_number":4,"box":{"x":439,"y":292,"width":170,"height":7}},{"id":"428464f8-726e-4de5-9bec-8149d7c74045","block_type":"box","text":"Other investment risks","page_number":4,"box":{"x":438,"y":307,"width":138,"height":7}},{"id":"f2de821e-8080-4c5a-abe8-a2a75932155c","block_type":"box","text":"Funds may have holdings in investments","page_number":4,"box":{"x":439,"y":318,"width":237,"height":8}},{"id":"ff124e7a-a4c0-4eb0-b587-edebea7039aa","block_type":"box","text":"such as commodities (raw materials),","page_number":4,"box":{"x":438,"y":329,"width":214,"height":8}},{"id":"6c033587-c6de-427e-ba3c-134bcb39fcef","block_type":"box","text":"infrastructure and property as well as","page_number":4,"box":{"x":439,"y":340,"width":215,"height":8}},{"id":"70205644-025b-4c33-82f1-8e60f0852f61","block_type":"box","text":"other areas such as specialist lending and","page_number":4,"box":{"x":439,"y":350,"width":240,"height":8}},{"id":"74b96a2c-2bcb-4380-a7af-d2c953f2a474","block_type":"box","text":"renewable energy. These investments","page_number":4,"box":{"x":439,"y":361,"width":218,"height":8}},{"id":"c2303377-114a-4ed1-8a4f-d6dcf637498c","block_type":"box","text":"will be indirect, which means accessing","page_number":4,"box":{"x":438,"y":372,"width":228,"height":8}},{"id":"6fe7f2b6-2d4b-4858-9fad-9be4312a8fef","block_type":"box","text":"these assets by investing in companies,","page_number":4,"box":{"x":438,"y":383,"width":227,"height":7}},{"id":"f7d359bd-45b2-4595-b75d-f987fdc21c82","block_type":"box","text":"other funds or similar investment","page_number":4,"box":{"x":439,"y":393,"width":193,"height":6}},{"id":"3f97d815-89ba-4092-b256-b08376d971d9","block_type":"box","text":"vehicles. These investments can also","page_number":4,"box":{"x":438,"y":404,"width":210,"height":6}},{"id":"56793da5-1b7d-4ca8-8ec6-c17f7eb389f2","block_type":"box","text":"increase risk and experience sharp price","page_number":4,"box":{"x":439,"y":415,"width":230,"height":7}},{"id":"a9eb138c-c064-48af-9f56-918fe1b523fa","block_type":"box","text":"movements. Funds focused on specific","page_number":4,"box":{"x":439,"y":425,"width":226,"height":8}},{"id":"d2bd60af-44b8-4a5c-adf9-70c7fe20fa6b","block_type":"box","text":"sectors or industries, such as property","page_number":4,"box":{"x":438,"y":436,"width":218,"height":8}},{"id":"2244d24b-00ec-4044-8736-cc4f1130df65","block_type":"box","text":"or infrastructure, may carry a higher","page_number":4,"box":{"x":439,"y":447,"width":208,"height":8}},{"id":"d4b3cd3b-9ff3-4908-b86d-ce9054ecfe02","block_type":"box","text":"level of risk and can experience bigger","page_number":4,"box":{"x":439,"y":457,"width":221,"height":8}},{"id":"863e04ef-5454-4217-9006-9b189d015a35","block_type":"box","text":"movements in value. Certain investments","page_number":4,"box":{"x":439,"y":468,"width":240,"height":6}},{"id":"35d6b6db-0292-4aa0-afdf-9aef0aaa9e9f","block_type":"box","text":"can be impacted by decisions made by","page_number":4,"box":{"x":439,"y":479,"width":226,"height":8}},{"id":"0409f752-2cc9-47f7-9ae8-c67a6837b0fc","block_type":"box","text":"third parties, such as governments or","page_number":4,"box":{"x":438,"y":489,"width":216,"height":8}},{"id":"0bda8bad-c5ba-4163-90a5-bbc65ca56e23","block_type":"box","text":"regulators.","page_number":4,"box":{"x":439,"y":500,"width":60,"height":8}},{"id":"1198e371-a3ba-40ae-a757-3013b91d433a","block_type":"box","text":"Other risks","page_number":4,"box":{"x":706,"y":185,"width":65,"height":6}},{"id":"b37fa254-57c7-4174-bb28-a7d60a714c9a","block_type":"box","text":"There are many other factors that can","page_number":4,"box":{"x":705,"y":195,"width":218,"height":8}},{"id":"7f05be6c-170c-425f-a829-1513a13ef996","block_type":"box","text":"influence the value of a fund. These","page_number":4,"box":{"x":706,"y":206,"width":203,"height":6}},{"id":"aa92979a-c9db-42c7-8fc9-4b5359683aec","block_type":"box","text":"include currency movements, changes","page_number":4,"box":{"x":706,"y":217,"width":225,"height":8}},{"id":"c0fb478c-afaa-4739-86b3-31c8fcece1ea","block_type":"box","text":"in the law, regulations or tax, operational","page_number":4,"box":{"x":706,"y":228,"width":233,"height":7}},{"id":"da5bec20-76b4-4ca2-b9d2-7f14bc3555e8","block_type":"box","text":"systems or third-party failures, or financial","page_number":4,"box":{"x":705,"y":238,"width":242,"height":8}},{"id":"1af0d89b-d19c-4b61-87e1-9a8dde029462","block_type":"box","text":"market conditions that make it difficult to","page_number":4,"box":{"x":706,"y":249,"width":242,"height":6}},{"id":"a6711c85-d4ac-4c69-a581-2361acec51e1","block_type":"box","text":"buy or sell investments for the fund.","page_number":4,"box":{"x":706,"y":260,"width":206,"height":7}},{"id":"3e45066d-6619-41d7-8792-38c7c9038e64","block_type":"box","text":"Risk targeted or defined risk profile","page_number":4,"box":{"x":706,"y":275,"width":215,"height":9}},{"id":"4c666b99-d244-4a1e-8aec-a788f0af2991","block_type":"box","text":"Funds that are managed to maintain a","page_number":4,"box":{"x":706,"y":286,"width":224,"height":8}},{"id":"ac1fb776-c543-4e10-9671-fd3949193a5d","block_type":"box","text":"specific risk profile, or that invest in other","page_number":4,"box":{"x":705,"y":297,"width":238,"height":8}},{"id":"0f968289-bef1-437c-9d8a-3c6216134d7d","block_type":"box","text":"funds that themselves are managed","page_number":4,"box":{"x":705,"y":308,"width":210,"height":8}},{"id":"1bfe05d3-c514-4274-8ff5-68278d762557","block_type":"box","text":"to maintain a specific risk profile, may","page_number":4,"box":{"x":705,"y":318,"width":220,"height":8}},{"id":"94f1add5-4322-4353-886f-f95ce3d3e469","block_type":"box","text":"have their potential growth or income","page_number":4,"box":{"x":706,"y":329,"width":220,"height":8}},{"id":"cce2eeb9-844b-4762-9c71-f43d568aa5de","block_type":"box","text":"constrained as a result.","page_number":4,"box":{"x":706,"y":340,"width":131,"height":6}},{"id":"425ac500-df7c-4589-8091-ceef149378d1","block_type":"box","text":"Other","page_number":4,"box":{"x":48,"y":584,"width":44,"height":8}},{"id":"f16412f5-5861-42ca-bda6-2d7c09069a31","block_type":"box","text":"information","page_number":4,"box":{"x":48,"y":597,"width":90,"height":8}},{"id":"4fb5b1be-9e75-468b-89ae-4369efb2db1c","block_type":"box","text":"A swing pricing is where the price can swing","page_number":4,"box":{"x":171,"y":584,"width":237,"height":8}},{"id":"1fdff212-0c76-40fa-a879-0383938d21bb","block_type":"box","text":"to either a bid or an offer basis depending on","page_number":4,"box":{"x":171,"y":595,"width":239,"height":7}},{"id":"d2f9c282-3e1e-4886-9289-df634f399dc0","block_type":"box","text":"the investment and redemption activity in","page_number":4,"box":{"x":171,"y":605,"width":226,"height":8}},{"id":"f5ef3e5b-075a-4f0f-a167-44cd5d802e40","block_type":"box","text":"the fund. This means the investor selling or","page_number":4,"box":{"x":171,"y":616,"width":229,"height":8}},{"id":"ff80a9d3-277f-44f4-b4f6-ba09b0c441bc","block_type":"box","text":"buying fund shares bears the associated [dis]","page_number":4,"box":{"x":172,"y":627,"width":238,"height":7}},{"id":"74b503d6-d2cd-46f1-9964-80020b5e3eaf","block_type":"box","text":"investment costs and protects the continuing","page_number":4,"box":{"x":172,"y":637,"width":243,"height":8}},{"id":"8ba812be-934b-4e14-98e0-637d3446dc47","block_type":"box","text":"holders in the fund. Performance could be","page_number":4,"box":{"x":172,"y":648,"width":226,"height":6}},{"id":"6ae06a8e-8fc5-44d8-9aab-dac2b8642716","block_type":"box","text":"shown on a combination of bid, mid or offer","page_number":4,"box":{"x":171,"y":659,"width":234,"height":7}},{"id":"facd99ef-0f45-4ceb-837d-d2a539af035a","block_type":"box","text":"prices, depending on the period of reporting.","page_number":4,"box":{"x":172,"y":669,"width":239,"height":8}},{"id":"c988edaa-1500-469f-8c22-33acec91a33b","block_type":"box","text":"Bloomberg Index Services Limited","page_number":4,"box":{"x":172,"y":682,"width":183,"height":8}},{"id":"8a9c74ba-5883-4a2c-a58c-b9b15e7dd6e0","block_type":"box","text":"BLOOMBERG® and the indices referenced","page_number":4,"box":{"x":172,"y":692,"width":229,"height":7}},{"id":"fc140c02-2195-4a61-b0da-c5a542145f03","block_type":"box","text":"herein (the “Indices” and each such index,","page_number":4,"box":{"x":172,"y":703,"width":221,"height":8}},{"id":"df10db29-b7f5-4295-919e-8e93fa98f7d9","block_type":"box","text":"an “Index”) are service marks of Bloomberg","page_number":4,"box":{"x":172,"y":714,"width":228,"height":8}},{"id":"20dc4e5f-fc51-4ee2-9abc-20a2febddffb","block_type":"box","text":"Finance L.P. and its affiliates (collectively","page_number":4,"box":{"x":439,"y":584,"width":213,"height":8}},{"id":"4800b904-ef8b-47b6-871d-6d47e903a67a","block_type":"box","text":"“Bloomberg”) and/or one or more third-party","page_number":4,"box":{"x":439,"y":594,"width":239,"height":8}},{"id":"ef803015-c600-460c-a965-7bd49736043d","block_type":"box","text":"providers (each such provide a “Third-Party","page_number":4,"box":{"x":439,"y":605,"width":228,"height":8}},{"id":"9d32034d-3ad3-40b1-8334-3c52617062a4","block_type":"box","text":"Provider”), and have been licensed for use","page_number":4,"box":{"x":439,"y":616,"width":221,"height":8}},{"id":"812d7722-811b-405d-b226-2dfe475a76df","block_type":"box","text":"for certain purposes to PREMIER FUND","page_number":4,"box":{"x":438,"y":627,"width":211,"height":7}},{"id":"c7775457-c801-4328-92d4-5e493e85d213","block_type":"box","text":"MANAGERS LIMITED (the “Licensee”). To the","page_number":4,"box":{"x":439,"y":637,"width":235,"height":8}},{"id":"47364bdc-b729-49a1-8635-b772eaab4f1d","block_type":"box","text":"extent a Third-Party Provider contributes","page_number":4,"box":{"x":439,"y":648,"width":216,"height":8}},{"id":"02bfa5c4-098e-4bb8-bac1-d01b89c1afc5","block_type":"box","text":"intellectual property in connection with the","page_number":4,"box":{"x":439,"y":659,"width":231,"height":8}},{"id":"873caee9-1548-4f8d-aca2-35e5ac2b7833","block_type":"box","text":"Index, such third-party products, company","page_number":4,"box":{"x":439,"y":669,"width":227,"height":8}},{"id":"755a262c-07af-485c-ac17-845dc642f1b9","block_type":"box","text":"names and logos are trademarks or service","page_number":4,"box":{"x":439,"y":680,"width":229,"height":8}},{"id":"0ec2764b-2b21-4ac4-8dd8-7ab954f2887f","block_type":"box","text":"marks, and remain the property of such Third","page_number":4,"box":{"x":439,"y":691,"width":245,"height":8}},{"id":"cd8f2944-993d-43aa-a3c8-ed1f39bc3fac","block_type":"box","text":"Party Provider. Bloomberg or Bloomberg’s","page_number":4,"box":{"x":439,"y":701,"width":226,"height":8}},{"id":"d854c93a-41af-4171-be62-6476325fe90f","block_type":"box","text":"licensors own all proprietary rights in the","page_number":4,"box":{"x":439,"y":712,"width":215,"height":8}},{"id":"b5a6fc3d-bdd0-427e-9d63-09b436563f35","block_type":"box","text":"Bloomberg Indices. Neither Bloomberg","page_number":4,"box":{"x":706,"y":584,"width":211,"height":8}},{"id":"2543f725-1340-4843-9c85-db14af4cf131","block_type":"box","text":"nor Bloomberg’s licensors, including a","page_number":4,"box":{"x":706,"y":595,"width":202,"height":7}},{"id":"daa5f638-296d-4cd5-8bf2-c7bcc0ca1149","block_type":"box","text":"Third-Party Provider, approves or endorses","page_number":4,"box":{"x":705,"y":605,"width":226,"height":8}},{"id":"852955ba-c43a-4b52-8602-0a1098250f59","block_type":"box","text":"this material, or guarantee the accuracy or","page_number":4,"box":{"x":705,"y":616,"width":226,"height":8}},{"id":"782abe03-c4ed-4da7-848f-a18a45040b88","block_type":"box","text":"completeness of any information herein, or","page_number":4,"box":{"x":706,"y":627,"width":229,"height":8}},{"id":"0b5b0a65-4df2-4224-b367-9130ae82c692","block_type":"box","text":"makes any warranty, express or implied, as to","page_number":4,"box":{"x":706,"y":637,"width":239,"height":8}},{"id":"baa47e84-6eb6-40e9-a370-78aa1f8b2dc6","block_type":"box","text":"the results to be obtained therefrom and, to","page_number":4,"box":{"x":705,"y":648,"width":235,"height":7}},{"id":"60969396-43ba-4c8c-b5e3-9eb9a0653461","block_type":"box","text":"the maximum extent allowed by law,  neither","page_number":4,"box":{"x":705,"y":659,"width":242,"height":8}},{"id":"1538e997-f862-4704-87f8-308d289e4750","block_type":"box","text":"Bloomberg nor Bloomberg’s licensors,","page_number":4,"box":{"x":706,"y":669,"width":204,"height":8}},{"id":"88e4c13a-c08f-4044-8330-ef5cb0f008fb","block_type":"box","text":"including a Third-Party Provider, shall have","page_number":4,"box":{"x":706,"y":680,"width":226,"height":8}},{"id":"a1f13fa1-a0a5-4318-9277-84e0fa55f068","block_type":"box","text":"any liability or responsibility for injury or","page_number":4,"box":{"x":706,"y":691,"width":208,"height":8}},{"id":"113b9847-d686-44a0-9d33-0b9893997623","block_type":"box","text":"damages arising in connection therewith.","page_number":4,"box":{"x":706,"y":702,"width":222,"height":7}},{"id":"8e473dab-a27d-4d01-994a-aceff5842ab6","block_type":"box","text":"Page","page_number":5,"box":{"x":883,"y":964,"width":30,"height":8}},{"id":"c8363ec0-7517-4bab-9447-cba7c631cd38","block_type":"box","text":"5","page_number":5,"box":{"x":916,"y":964,"width":7,"height":6}},{"id":"b495f967-2d09-4413-9ca0-a3356f344dee","block_type":"box","text":"of","page_number":5,"box":{"x":927,"y":964,"width":12,"height":6}},{"id":"a7c9245f-a534-489f-91bb-ea80a1a46992","block_type":"box","text":"5","page_number":5,"box":{"x":942,"y":964,"width":6,"height":6}},{"id":"c160132c-d293-4519-898a-83a2ccdffab7","block_type":"box","text":"Important Information","page_number":5,"box":{"x":49,"y":805,"width":174,"height":10}},{"id":"14a47622-0429-4522-aafd-e138a81ab418","block_type":"box","text":"This is a marketing communication","page_number":5,"box":{"x":47,"y":819,"width":198,"height":8}},{"id":"b536414b-db17-4091-b5f1-d1df3aec2995","block_type":"box","text":"Investors should refer to the Prospectus and to the Key Investor Information Document (KIID) before making any final investment decisions. A free, English language copy","page_number":5,"box":{"x":48,"y":828,"width":891,"height":8}},{"id":"5d6e2b8d-7724-4376-ba33-d1577bc41226","block_type":"box","text":"of the Prospectus, KIID and Supplementary Information Document are available on the Premier Miton website, or copies can be requested by calling 0333 456 4560 or","page_number":5,"box":{"x":48,"y":837,"width":870,"height":8}},{"id":"5d7e61b8-734d-43fa-9b31-6f30234e5368","block_type":"box","text":"emailing contactus@premiermiton.com.","page_number":5,"box":{"x":48,"y":846,"width":214,"height":8}},{"id":"7c592b41-2034-487a-a58f-3f06e40c0772","block_type":"box","text":"Whilst every effort has been made to ensure the accuracy of the information provided, we regret that we cannot accept responsibility for any omissions or errors. Premier","page_number":5,"box":{"x":48,"y":855,"width":882,"height":8}},{"id":"8775f83f-2ebd-4aef-9fb5-92cb9875e8db","block_type":"box","text":"Miton is unable to provide investment, tax or financial planning advice. We recommend that you discuss any investment decisions with a financial adviser.Reference to any","page_number":5,"box":{"x":48,"y":864,"width":895,"height":8}},{"id":"0742c6aa-7ab1-4ca2-9cc0-4da19ea76cb6","block_type":"box","text":"investment should not be considered advice or an investment recommendation.","page_number":5,"box":{"x":48,"y":873,"width":423,"height":6}},{"id":"bf07994b-fe24-4198-a50a-a0bccb9ff3f4","block_type":"box","text":"All data is sourced to Premier Miton unless otherwise stated.","page_number":5,"box":{"x":47,"y":882,"width":315,"height":6}},{"id":"825565fa-ca9a-4a17-8fa0-98e43e12d555","block_type":"box","text":"This document and all of the information contained in it, including without limitation all text, data, graphs, charts, images (collectively, the “Information”) is the property","page_number":5,"box":{"x":47,"y":890,"width":873,"height":8}},{"id":"4fbed7dc-77c5-40b5-93ee-a2de155f1c30","block_type":"box","text":"of Premier Fund Managers Limited and/or Premier Portfolio Managers Limited (“Premier Miton”) or any third party involved in providing or compiling any Information","page_number":5,"box":{"x":48,"y":899,"width":865,"height":8}},{"id":"5f2ce371-9cf4-4802-9dc8-32265a2856ec","block_type":"box","text":"(collectively, the “Data Providers”) and is provided for informational purposes only. The Information may not be modified, reverse-engineered, manipulated, reproduced or","page_number":5,"box":{"x":48,"y":908,"width":886,"height":8}},{"id":"a5113081-f86c-4c66-95d0-c91e405a4c08","block_type":"box","text":"distributed in whole or in part without prior written permission from Premier Miton. All rights in the Information are reserved by Premier Miton and/or the Data Providers.","page_number":5,"box":{"x":48,"y":916,"width":882,"height":9}},{"id":"c8732b9c-7290-4c01-9565-83d317bc87d6","block_type":"box","text":"Marketing communication issued by Premier Portfolio Managers Limited, (registered in England no. 01235867), authorised and regulated by the Financial Conduct","page_number":5,"box":{"x":48,"y":926,"width":851,"height":8}},{"id":"08ab7fe1-2d5c-43a2-a71d-2e992585fef6","block_type":"box","text":"Authority, a member of the Premier Miton Investors marketing group and a subsidiary of Premier Miton Group plc (registered in England no. 06306664). Registered office:","page_number":5,"box":{"x":47,"y":935,"width":889,"height":8}},{"id":"d142e7d2-924d-440c-bddb-6a0c58501273","block_type":"box","text":"Paternoster House, 65 St Paul’s Churchyard, London EC4M 8AB.","page_number":5,"box":{"x":48,"y":944,"width":332,"height":8}},{"id":"f10860df-eb42-4fe2-bef8-23a990143813","block_type":"box","text":"Investors may find themselves in difficult","page_number":5,"box":{"x":171,"y":726,"width":214,"height":8}},{"id":"bf89081d-498f-464b-856f-32b857d82a38","block_type":"box","text":"circumstances at any point in their lives,","page_number":5,"box":{"x":170,"y":735,"width":208,"height":8}},{"id":"58761591-415e-474e-b3e1-173df702563f","block_type":"box","text":"whether as a result of a change in physical or","page_number":5,"box":{"x":170,"y":744,"width":234,"height":8}},{"id":"ac4809e1-5a93-4070-9fd9-6edaac649acb","block_type":"box","text":"mental ill-health, or during key life stage events","page_number":5,"box":{"x":171,"y":753,"width":245,"height":8}},{"id":"a6381b4e-3c33-4844-a02b-f7aa4e7576f7","block_type":"box","text":"such as bereavement, loss of job, personal debt","page_number":5,"box":{"x":170,"y":762,"width":246,"height":8}},{"id":"5c33c6ce-e84e-4137-89cd-0309dce3c3a4","block_type":"box","text":"concerns, or more generally through lack of","page_number":5,"box":{"x":170,"y":771,"width":229,"height":8}},{"id":"4486a817-73a7-4c8c-b23a-d9356056b77d","block_type":"box","text":"confidence in dealing with financial matters.","page_number":5,"box":{"x":170,"y":780,"width":234,"height":8}},{"id":"194ee3db-38c5-402a-a112-356cf660a185","block_type":"box","text":"We encourage all our investors to seek","page_number":5,"box":{"x":437,"y":726,"width":201,"height":8}},{"id":"3cbb8d28-5ae8-4b6f-a680-6ce6db867122","block_type":"box","text":"financial advice before making any important","page_number":5,"box":{"x":437,"y":735,"width":241,"height":8}},{"id":"04c49f74-0be7-4891-b2a6-6fc7e57c3c0b","block_type":"box","text":"investment decisions and particularly when","page_number":5,"box":{"x":438,"y":744,"width":227,"height":8}},{"id":"6fe8fdb9-44d5-4ca7-b7a4-dc76a9410ff8","block_type":"box","text":"life may be more challenging.","page_number":5,"box":{"x":438,"y":753,"width":154,"height":8}},{"id":"f26029e8-3394-4190-8da6-e3ff04e7e040","block_type":"box","text":"We want to make sure that we can provide our","page_number":5,"box":{"x":437,"y":762,"width":246,"height":8}},{"id":"0b417132-2fe5-4f1b-ba21-66e95dd1687c","block_type":"box","text":"customers with the support they need. If you","page_number":5,"box":{"x":438,"y":771,"width":233,"height":8}},{"id":"69f0c82f-5454-41cc-aff3-11a6394646af","block_type":"box","text":"would like copies of product information in a","page_number":5,"box":{"x":437,"y":780,"width":233,"height":8}},{"id":"916eda8d-7c10-4687-a53c-8f296b8f2ddf","block_type":"box","text":"different format, such as","page_number":5,"box":{"x":705,"y":726,"width":126,"height":8}},{"id":"8108c02b-1f61-4b5d-a335-fe5031d256a9","block_type":"box","text":"large print","page_number":5,"box":{"x":835,"y":726,"width":56,"height":8}},{"id":"5dc4e3c8-66e7-4c4a-b1bd-25ee6035db30","block_type":"box","text":",","page_number":5,"box":{"x":891,"y":732,"width":1,"height":2}},{"id":"8a09a5ea-9e0b-4930-bfb3-20160b562513","block_type":"box","text":"Braille","page_number":5,"box":{"x":896,"y":726,"width":34,"height":7}},{"id":"7e75adde-b899-4fb2-99b4-83eaaa3848f1","block_type":"box","text":"or","page_number":5,"box":{"x":933,"y":728,"width":10,"height":5}},{"id":"b47ad19c-7f42-465f-954c-52c6c12c8ed9","block_type":"box","text":"audio","page_number":5,"box":{"x":704,"y":735,"width":31,"height":7}},{"id":"8f906fa1-5a86-4cca-90d6-b7e26bbd8b96","block_type":"box","text":", please send us your request using the","page_number":5,"box":{"x":736,"y":735,"width":202,"height":8}},{"id":"8994bdda-d33e-457e-81c8-cdb4e2a45c94","block_type":"box","text":"contact details provided. It may take up to 15","page_number":5,"box":{"x":705,"y":744,"width":231,"height":8}},{"id":"31e2f71b-0889-46e8-83a3-d7908b9c9dbd","block_type":"box","text":"working days to send the information to you in","page_number":5,"box":{"x":704,"y":753,"width":244,"height":8}},{"id":"3b430d3b-f2bf-492e-a3b7-8f2a30f1569e","block_type":"box","text":"these formats.","page_number":5,"box":{"x":704,"y":762,"width":75,"height":6}},{"id":"a045b32d-3936-489a-a6f4-baf2c4d3aa80","block_type":"box","text":"Customer","page_number":5,"box":{"x":47,"y":731,"width":75,"height":7}},{"id":"51fc1aa0-3809-4c2f-8704-2413ef26219f","block_type":"box","text":"care","page_number":5,"box":{"x":47,"y":745,"width":32,"height":6}},{"id":"9cd9c9ef-4065-407d-89d2-d36bb40a3ac7","block_type":"box","text":"0333 456 4560","page_number":5,"box":{"x":474,"y":683,"width":82,"height":6}},{"id":"818cf7d6-7a38-4f7b-bc3e-5565b97899f4","block_type":"box","text":"contactus@premiermiton.com","page_number":5,"box":{"x":471,"y":700,"width":178,"height":8}},{"id":"7d7d915e-2682-40d3-87ad-ce8db2a0f246","block_type":"box","text":"From 9:00am to 5:30pm, Monday to","page_number":5,"box":{"x":171,"y":678,"width":206,"height":8}},{"id":"3dfaec7d-5e7e-461e-86b8-df8aa217e23b","block_type":"box","text":"Friday, excluding bank holidays.","page_number":5,"box":{"x":171,"y":689,"width":182,"height":8}},{"id":"ce2be905-88a1-432a-9bbb-136557bf012b","block_type":"box","text":"Contact us","page_number":5,"box":{"x":47,"y":679,"width":83,"height":8}},{"id":"06fa7b23-d34d-4010-8f7c-20ebd7d814b9","block_type":"box","text":"Absolute return","page_number":5,"box":{"x":172,"y":86,"width":91,"height":6}},{"id":"3c7bec88-9360-410b-b1ec-66ff11e29a46","block_type":"box","text":"An investment, group of investments or","page_number":5,"box":{"x":172,"y":96,"width":222,"height":7}},{"id":"c0a21d79-4332-433e-b4d7-ff1e207c11c8","block_type":"box","text":"fund which aims to provide a positive return","page_number":5,"box":{"x":172,"y":106,"width":245,"height":8}},{"id":"4242cea1-68e6-45d2-b0af-8cbfe601fd3b","block_type":"box","text":"in all market conditions over a period of","page_number":5,"box":{"x":173,"y":116,"width":219,"height":8}},{"id":"459c1f53-3306-4ccf-abfb-c8c570f2f718","block_type":"box","text":"time. It can also mean the rise or fall in the","page_number":5,"box":{"x":172,"y":126,"width":235,"height":6}},{"id":"6da31be2-3a2f-4bf6-9628-171529befacf","block_type":"box","text":"value of an asset over a particular period of","page_number":5,"box":{"x":172,"y":136,"width":238,"height":8}},{"id":"d8df67fb-9f19-43e8-b41d-5a5e7ba09974","block_type":"box","text":"time, expressed as a percentage.","page_number":5,"box":{"x":172,"y":147,"width":182,"height":8}},{"id":"c2f18cfc-978e-4399-b6bd-a6cd701b640d","block_type":"box","text":"Annual management charge (AMC)","page_number":5,"box":{"x":172,"y":159,"width":208,"height":8}},{"id":"9e143e99-4f8f-49e5-aba8-00f920c1022c","block_type":"box","text":"The yearly fee paid to Premier Miton","page_number":5,"box":{"x":172,"y":170,"width":200,"height":7}},{"id":"1740ab97-8eb3-4f3e-9de9-61d618b664e3","block_type":"box","text":"for managing a fund, expressed as a","page_number":5,"box":{"x":172,"y":180,"width":201,"height":8}},{"id":"1ce8a0d7-43c9-4980-9be3-285adc080307","block_type":"box","text":"percentage of your investment. The AMC","page_number":5,"box":{"x":173,"y":190,"width":228,"height":8}},{"id":"566b0a8b-7efc-4410-af1d-d6f0aba0db81","block_type":"box","text":"does not typically change from year to year.","page_number":5,"box":{"x":173,"y":200,"width":241,"height":8}},{"id":"fb070536-3ad0-435c-bd42-a1d277a143a5","block_type":"box","text":"Assets","page_number":5,"box":{"x":172,"y":214,"width":38,"height":6}},{"id":"8be6f7ff-a864-42ed-9092-4ea71c92cc3a","block_type":"box","text":"Different groups of investments such as","page_number":5,"box":{"x":174,"y":223,"width":220,"height":8}},{"id":"4c218314-f626-4847-8293-5dbe74f05cb6","block_type":"box","text":"company shares, bonds, commodities or","page_number":5,"box":{"x":173,"y":233,"width":226,"height":8}},{"id":"9a59cf3a-039e-460d-92e2-c18341ec8291","block_type":"box","text":"property.","page_number":5,"box":{"x":173,"y":245,"width":49,"height":7}},{"id":"81239959-4d87-4add-a81c-455fe942a7a9","block_type":"box","text":"Bonds (or fixed income)","page_number":5,"box":{"x":173,"y":257,"width":139,"height":8}},{"id":"3912e849-7fa2-41ca-a236-7240d136cb48","block_type":"box","text":"Types of investments that allow investors","page_number":5,"box":{"x":172,"y":267,"width":228,"height":8}},{"id":"0389a79a-2551-4bc5-bec1-ee4abb1ef1dc","block_type":"box","text":"to loan money to governments and","page_number":5,"box":{"x":172,"y":277,"width":197,"height":8}},{"id":"ec7dbb47-81f7-4e24-9636-d2889cd69384","block_type":"box","text":"companies, usually in return for a regular","page_number":5,"box":{"x":173,"y":287,"width":227,"height":8}},{"id":"82c63b75-3cf7-4148-acf0-b899c078f658","block_type":"box","text":"fixed level of interest until the bond’s","page_number":5,"box":{"x":172,"y":297,"width":204,"height":7}},{"id":"990a0c12-0d1c-4cdd-a64f-032d05fd66ec","block_type":"box","text":"maturity date, plus the return of the original","page_number":5,"box":{"x":173,"y":307,"width":243,"height":8}},{"id":"8a6d9e6e-250e-49d9-a96b-8e3b9d413a07","block_type":"box","text":"value of the bond at the maturity date. The","page_number":5,"box":{"x":172,"y":318,"width":238,"height":7}},{"id":"361e3838-58ef-4f0c-baf4-f3ce2ae6c58c","block_type":"box","text":"price of bonds will vary, and the investment","page_number":5,"box":{"x":173,"y":328,"width":241,"height":7}},{"id":"a0c1797b-247f-48c0-a635-8f3085f2a238","block_type":"box","text":"terms of bonds will also vary.","page_number":5,"box":{"x":172,"y":338,"width":158,"height":8}},{"id":"8a97497d-0c87-415c-a5ee-de8d8ed02e79","block_type":"box","text":"Capital","page_number":5,"box":{"x":173,"y":351,"width":39,"height":8}},{"id":"b39c65a7-f895-49a3-aaac-e6eb3e0a5507","block_type":"box","text":"Describes financial assets, particularly cash,","page_number":5,"box":{"x":174,"y":361,"width":239,"height":8}},{"id":"f90c4874-53f3-4e28-a6b5-1520a005350c","block_type":"box","text":"or other assets, such as shares, owned by a","page_number":5,"box":{"x":173,"y":371,"width":235,"height":8}},{"id":"8d295ece-b03e-48cf-894b-34a0b338ba8a","block_type":"box","text":"person or organisation.","page_number":5,"box":{"x":173,"y":382,"width":127,"height":8}},{"id":"57e66c16-2c9c-400a-88f0-f97ac3850739","block_type":"box","text":"Capital growth","page_number":5,"box":{"x":173,"y":395,"width":86,"height":8}},{"id":"ecee5322-e325-42b1-96dc-bde443fd20d4","block_type":"box","text":"The increase in the value of an asset or","page_number":5,"box":{"x":172,"y":405,"width":214,"height":6}},{"id":"9c5982b8-bbdb-420e-92b3-f9beeb691e41","block_type":"box","text":"investment over time, excluding any","page_number":5,"box":{"x":173,"y":415,"width":202,"height":8}},{"id":"998874ef-ae4b-434c-8601-082b02b74607","block_type":"box","text":"income received, measured by its current","page_number":5,"box":{"x":173,"y":425,"width":230,"height":8}},{"id":"c03c4b98-6d81-4c2a-bbed-f20a9ecdac85","block_type":"box","text":"value compared to its purchase cost.","page_number":5,"box":{"x":172,"y":436,"width":203,"height":8}},{"id":"5fbaf7cb-a3d6-429c-ad60-406cc58a2b01","block_type":"box","text":"Diversification","page_number":5,"box":{"x":440,"y":85,"width":83,"height":7}},{"id":"293b07bf-e005-454a-86c9-28961f929df1","block_type":"box","text":"Investing in a number of different","page_number":5,"box":{"x":441,"y":96,"width":185,"height":7}},{"id":"63a8cab2-ff6e-4cc6-a596-b517e79a23b9","block_type":"box","text":"investments, which can include different","page_number":5,"box":{"x":440,"y":106,"width":226,"height":7}},{"id":"5d40b0c0-8fda-4eea-bb98-e11fdd689575","block_type":"box","text":"assets, funds and geographic areas, to help","page_number":5,"box":{"x":440,"y":116,"width":239,"height":8}},{"id":"a820a88b-424a-4884-b373-1b916ffe94e6","block_type":"box","text":"spread investment risk.","page_number":5,"box":{"x":440,"y":126,"width":128,"height":8}},{"id":"b86ad871-b217-4094-b216-7ac0fa32184d","block_type":"box","text":"Equities","page_number":5,"box":{"x":440,"y":138,"width":46,"height":8}},{"id":"bbd500a4-2c4f-4486-981d-a968d30a0dd5","block_type":"box","text":"Another name for shares (or stock) in a","page_number":5,"box":{"x":439,"y":149,"width":215,"height":8}},{"id":"1ac28c29-ae20-4dcd-b71a-51f17d074125","block_type":"box","text":"company.","page_number":5,"box":{"x":440,"y":161,"width":54,"height":6}},{"id":"4e77a93f-6d31-4669-888d-209a7b903792","block_type":"box","text":"Investment Association (IA)","page_number":5,"box":{"x":440,"y":172,"width":159,"height":8}},{"id":"387dbd40-29cb-44ab-bfb1-536a6588817c","block_type":"box","text":"The trade association that represents","page_number":5,"box":{"x":439,"y":182,"width":207,"height":8}},{"id":"92cab376-0029-4ac3-8715-d2c67e8884fd","block_type":"box","text":"investment management firms in the UK.","page_number":5,"box":{"x":440,"y":193,"width":234,"height":8}},{"id":"b2ad7ae5-253b-4e47-a2a5-18ff6e68df40","block_type":"box","text":"Investment Association (IA) sectors","page_number":5,"box":{"x":440,"y":206,"width":204,"height":8}},{"id":"a014aced-7333-4f34-9abd-d489cf03d365","block_type":"box","text":"To help with comparisons between the","page_number":5,"box":{"x":439,"y":216,"width":218,"height":8}},{"id":"1a9f0211-6193-472d-92df-e34f5dd224e4","block_type":"box","text":"thousands of funds available, funds are","page_number":5,"box":{"x":440,"y":226,"width":216,"height":7}},{"id":"518d996f-ff6f-4e78-9504-628fa91808a2","block_type":"box","text":"categorised into different groups or sectors,","page_number":5,"box":{"x":440,"y":236,"width":241,"height":8}},{"id":"6bc976b0-a548-41eb-9a28-ec6e830713c9","block_type":"box","text":"organised and reviewed by the Investment","page_number":5,"box":{"x":440,"y":246,"width":239,"height":8}},{"id":"f07a21fe-fa6d-47b2-bb42-039fda431869","block_type":"box","text":"Association (IA).","page_number":5,"box":{"x":439,"y":257,"width":87,"height":8}},{"id":"01b311e0-956e-4181-9f60-5d902f1ed2f8","block_type":"box","text":"IA Targeted Absolute Return sector","page_number":5,"box":{"x":440,"y":270,"width":205,"height":8}},{"id":"2b355740-396f-4169-a18d-35c0972044fa","block_type":"box","text":"Funds managed with the aim of delivering","page_number":5,"box":{"x":441,"y":280,"width":236,"height":8}},{"id":"5338105c-9597-4639-aefa-782be1722a15","block_type":"box","text":"positive returns in any market conditions","page_number":5,"box":{"x":441,"y":290,"width":226,"height":8}},{"id":"3f2597d7-d509-4e83-a7c0-f4519679ca38","block_type":"box","text":"but returns are not guaranteed. Funds in","page_number":5,"box":{"x":441,"y":300,"width":225,"height":8}},{"id":"4e82c74d-592f-4603-a244-1cbdea110eec","block_type":"box","text":"this sector may aim to achieve a return","page_number":5,"box":{"x":440,"y":310,"width":214,"height":8}},{"id":"b71d2898-f0a5-479a-b8eb-33e5fc67f04b","block_type":"box","text":"that is more demanding than a ‘greater","page_number":5,"box":{"x":440,"y":320,"width":220,"height":8}},{"id":"94efbf53-0db7-4273-ac24-de99719509f6","block_type":"box","text":"than zero after fees objective’. Funds in this","page_number":5,"box":{"x":440,"y":330,"width":238,"height":8}},{"id":"a710db3a-e371-4363-80bd-91f76661adcd","block_type":"box","text":"sector must clearly state the timeframe","page_number":5,"box":{"x":440,"y":340,"width":219,"height":8}},{"id":"a51fef69-4f56-4ad7-abb6-63050e2330b5","block_type":"box","text":"over which they aim to meet their stated","page_number":5,"box":{"x":440,"y":350,"width":225,"height":8}},{"id":"571598e4-0ba4-4c2e-a07a-720512c0c75e","block_type":"box","text":"objective.","page_number":5,"box":{"x":440,"y":361,"width":52,"height":8}},{"id":"1c723663-3ef9-4e05-80a9-a757ef4ae54f","block_type":"box","text":"Individual Savings Account (ISA)","page_number":5,"box":{"x":440,"y":374,"width":187,"height":8}},{"id":"2211f8f2-466f-4529-b4ba-b2361f1ed625","block_type":"box","text":"A wrapper in which eligible UK residents","page_number":5,"box":{"x":439,"y":384,"width":226,"height":8}},{"id":"b6cb5974-a600-4fb3-8579-59eb9dbfb782","block_type":"box","text":"can place their savings and investments","page_number":5,"box":{"x":440,"y":394,"width":223,"height":8}},{"id":"b07363b4-148c-4554-a164-9af0ad704e58","block_type":"box","text":"to protect them from some forms of","page_number":5,"box":{"x":440,"y":404,"width":203,"height":8}},{"id":"be689aaa-ab17-4f0d-b229-e1fd71911994","block_type":"box","text":"taxation. There are different types of ISA. HM","page_number":5,"box":{"x":440,"y":414,"width":244,"height":8}},{"id":"84cab0b6-1667-45fb-9eff-dcbb02b4e8dd","block_type":"box","text":"Revenue & Customs set the amount that","page_number":5,"box":{"x":441,"y":424,"width":226,"height":7}},{"id":"dd956106-6b04-405c-b024-6fba0bb61180","block_type":"box","text":"you are allowed to invest into in an ISA in","page_number":5,"box":{"x":439,"y":435,"width":225,"height":7}},{"id":"4265fc28-7cf3-4d34-917b-b67cffb908ac","block_type":"box","text":"each tax year, which can be found on the","page_number":5,"box":{"x":440,"y":445,"width":227,"height":7}},{"id":"268d4937-820f-47a8-a43f-68bc01c7bd1c","block_type":"box","text":"Government website.","page_number":5,"box":{"x":440,"y":455,"width":119,"height":7}},{"id":"9e48dcb7-2cfd-4a42-a385-46c65f577977","block_type":"box","text":"Real estate investment trust (REIT","page_number":5,"box":{"x":707,"y":85,"width":198,"height":8}},{"id":"ba672480-fd29-47c3-b4b6-fb78b7650174","block_type":"box","text":")","page_number":5,"box":{"x":905,"y":85,"width":2,"height":8}},{"id":"1bee2354-8552-4268-883e-5aa7542fa054","block_type":"box","text":"A company that owns and manages","page_number":5,"box":{"x":706,"y":96,"width":204,"height":7}},{"id":"263a83a4-f88d-44ac-8aa6-fe8bcf160249","block_type":"box","text":"property on behalf of shareholders. A REIT","page_number":5,"box":{"x":708,"y":106,"width":232,"height":7}},{"id":"3d35fe56-b31d-4203-be2f-4788f2a4a22e","block_type":"box","text":"can contain commercial and/or residential","page_number":5,"box":{"x":707,"y":115,"width":234,"height":8}},{"id":"326dacaa-a87e-4b56-aa7b-46964e3a2616","block_type":"box","text":"property.","page_number":5,"box":{"x":708,"y":127,"width":48,"height":7}},{"id":"ea5d94a8-c03a-42cd-a337-97e1e40ab727","block_type":"box","text":"Ongoing Charges Figure (OCF)","page_number":5,"box":{"x":707,"y":139,"width":178,"height":8}},{"id":"9f6e062c-5cf5-4336-b6d4-387184e8b4d3","block_type":"box","text":"A measure of what it costs to invest in a","page_number":5,"box":{"x":706,"y":149,"width":218,"height":7}},{"id":"ddb949ac-1dab-4530-b6ef-1165ab7220ec","block_type":"box","text":"fund over a year. It includes the fee paid to","page_number":5,"box":{"x":707,"y":159,"width":233,"height":8}},{"id":"03ae7853-cc62-44a1-8863-68ecd9a81240","block_type":"box","text":"Premier Miton for the management of the","page_number":5,"box":{"x":708,"y":170,"width":235,"height":7}},{"id":"9f495abe-425a-4cfb-ac54-49f1e402f765","block_type":"box","text":"fund (known as the annual management","page_number":5,"box":{"x":707,"y":180,"width":231,"height":7}},{"id":"7b2429b0-25de-4a03-93cd-a4920af6b712","block_type":"box","text":"charge) and the OCFs of underlying","page_number":5,"box":{"x":707,"y":190,"width":198,"height":8}},{"id":"932ed165-6c38-4c36-8452-e09f86ab99f3","block_type":"box","text":"funds that might be held in a portfolio","page_number":5,"box":{"x":707,"y":200,"width":212,"height":8}},{"id":"dba9ee29-d032-4aa3-be32-bc13ad3f25bc","block_type":"box","text":"(excluding any Premier Miton funds held)","page_number":5,"box":{"x":708,"y":210,"width":228,"height":8}},{"id":"289ff723-a795-4001-939d-ee322542424b","block_type":"box","text":"with the remainder covering costs that","page_number":5,"box":{"x":706,"y":220,"width":217,"height":8}},{"id":"c404bc0e-d9d5-490a-8fd3-28e01c8ee508","block_type":"box","text":"have to be paid to external companies","page_number":5,"box":{"x":708,"y":230,"width":211,"height":8}},{"id":"578f5656-c191-41e8-8b1f-39b1dcafc109","block_type":"box","text":"for other services relating to the ongoing","page_number":5,"box":{"x":707,"y":240,"width":226,"height":8}},{"id":"7913deb6-df6e-4293-bd22-f5a77edec2a6","block_type":"box","text":"administration and management of","page_number":5,"box":{"x":707,"y":250,"width":203,"height":8}},{"id":"ee740538-c817-4d64-b2cc-44a708a845ac","block_type":"box","text":"a fund, such as the fees paid to the","page_number":5,"box":{"x":707,"y":260,"width":192,"height":8}},{"id":"cb54be4f-0a36-4707-ad07-acef2eb6730c","block_type":"box","text":"depositary, custodian, regulator, auditor and","page_number":5,"box":{"x":707,"y":270,"width":244,"height":8}},{"id":"b113281d-f92a-45cd-96a4-9c3a5ae76f3e","block_type":"box","text":"administrator. The fee is deducted from the","page_number":5,"box":{"x":707,"y":281,"width":242,"height":6}},{"id":"0faf7a6d-b073-4b96-9c6f-22abc2300c16","block_type":"box","text":"value of the fund and reflected in the fund’s","page_number":5,"box":{"x":706,"y":291,"width":243,"height":6}},{"id":"6076b9aa-648f-49ac-b9e1-22c98ce96991","block_type":"box","text":"share price. The OCF is typically calculated","page_number":5,"box":{"x":707,"y":301,"width":233,"height":8}},{"id":"9fab8ad1-71d5-4a04-a0ef-4f77ab059983","block_type":"box","text":"once a year and can change from year to","page_number":5,"box":{"x":707,"y":311,"width":227,"height":8}},{"id":"b47f3e7d-d77f-4ce1-a9e6-79ce794bf3b1","block_type":"box","text":"year. The OCF does not include transaction","page_number":5,"box":{"x":706,"y":321,"width":239,"height":8}},{"id":"22da739e-91d9-4101-90fe-37a906bef23b","block_type":"box","text":"costs which are associated with buying and","page_number":5,"box":{"x":707,"y":331,"width":241,"height":8}},{"id":"daeb35e0-0411-4d13-ad51-584670ac5893","block_type":"box","text":"selling investments in a fund.","page_number":5,"box":{"x":707,"y":342,"width":161,"height":8}},{"id":"49f36932-01a4-4015-925d-4be7c6f7ef63","block_type":"box","text":"Total return","page_number":5,"box":{"x":706,"y":355,"width":68,"height":6}},{"id":"7d414117-cd8c-42de-8cb4-3a465078e2f0","block_type":"box","text":"A way of showing how an investment has","page_number":5,"box":{"x":706,"y":365,"width":231,"height":7}},{"id":"edc7254d-421a-420b-9192-50acbd972015","block_type":"box","text":"performed and is made-up of the capital","page_number":5,"box":{"x":708,"y":375,"width":225,"height":7}},{"id":"b455e237-8900-46eb-b3d2-e12148222d64","block_type":"box","text":"appreciation or depreciation and includes","page_number":5,"box":{"x":707,"y":385,"width":233,"height":8}},{"id":"3ff23735-49ef-4e8e-a810-f917d6362be0","block_type":"box","text":"any income generated by the investment.","page_number":5,"box":{"x":707,"y":395,"width":233,"height":8}},{"id":"e697a001-8acb-4869-b470-8f2eb33def2a","block_type":"box","text":"Measured over a set period, it is expressed","page_number":5,"box":{"x":708,"y":405,"width":230,"height":8}},{"id":"0b418a03-0901-4daa-9f84-0b3dc340d1d3","block_type":"box","text":"as a percentage of the value of the","page_number":5,"box":{"x":707,"y":415,"width":191,"height":8}},{"id":"ae47be87-4729-45ae-b733-49a1ecab6dee","block_type":"box","text":"investment at the start of that period.","page_number":5,"box":{"x":707,"y":426,"width":207,"height":8}},{"id":"72ba2fb0-c01c-4d68-9dbf-207c2a1aae2b","block_type":"box","text":"Volatility","page_number":5,"box":{"x":706,"y":438,"width":51,"height":8}},{"id":"96a00bd5-09c4-4dd5-bccb-6f761a439301","block_type":"box","text":"A measure of the frequency and severity","page_number":5,"box":{"x":706,"y":449,"width":226,"height":7}},{"id":"4db76b70-3b2b-4a56-a8e7-ba5f3ba9676b","block_type":"box","text":"with which the price of an investment goes","page_number":5,"box":{"x":706,"y":459,"width":242,"height":8}},{"id":"6d99d3f5-6e00-4b2b-a6a9-232e733726e6","block_type":"box","text":"up and down.","page_number":5,"box":{"x":708,"y":469,"width":75,"height":8}},{"id":"b706ee21-0a9d-411c-ab58-c9004bd72a1a","block_type":"box","text":"Glossary","page_number":5,"box":{"x":48,"y":86,"width":65,"height":10}},{"id":"fa155565-45bb-44d8-a834-fb1a4aba019d","block_type":"box","text":"Factsheet","page_number":5,"box":{"x":771,"y":49,"width":61,"height":6}},{"id":"89ac82bc-d15f-4f41-bc7a-526fabe53b04","block_type":"box","text":"30 September 2026","page_number":5,"box":{"x":836,"y":49,"width":115,"height":8}},{"id":"aee6f2a2-79e2-445b-a6ed-a6a6960e66fd","block_type":"box","text":"Premier Miton Alternative Investments Fund","page_number":5,"box":{"x":48,"y":38,"width":346,"height":9}},{"id":"7414ebc3-fc8f-4bdb-ad0f-32639b39437c","block_type":"box","text":"Sterling class C - Accumulation shares","page_number":5,"box":{"x":47,"y":52,"width":230,"height":8}}],"unit":"per_mille","page_width":595,"page_height":841,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":5}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"22c15362-7de6-4597-a221-54eec0447756"},"user_id":1000002,"date_created":"2026-10-23T22:49:30.296000Z","date_modified":"2026-10-23T22:49:30.296000Z","private":false}