F&C Water & Agriculture

Long/Short Fund A USD Dbn

Fund Investment Objectives

The investment objective of the Thames River Water and Agriculture Absolute Return Fund is to generate long term capital appreciation. The Fund will aim to achieve its objective by investing in the securities of issuers predominantly involved in water and agriculture related activities. AUM reflects the aggregate of the various share classes and is denominated in USD. The Fund incepted November 26, 2009. HURDLE: 3m USD Libor + 2%.