Arcus Japan Fund (Relative

Institutional) YEN

Fund Investment Objectives

Arcus Japan Fund is a UCITS invested in a broad range of mid-cap and large-cap value companies in Japan. Many investments have price to earnings and price to book ratios substantially more attractive than those of the market as a whole. The fund is aggressive and typically runs large style and sector exposures, as all positions are held in the pursuit of returns rather than in order to track the Topix index.