Luxcellence - Polunin

Emerging Markets Technology Fund

Fund Investment Objectives

Luxcellence - Polunin Emerging Markets Technology Fund's objective is to generate capital gains by investing in a broad portfolio of equity and equity related securities of technology and technology related companies that operate in developing countries. In order to reach its goal, the Fund will invest a minimum of 75% of its total assets in listed equities securities of developing countries' issuers, and in at least 3 developing countries at any time. The Fund will normally invest in companies of the technology sector incorporated in developing countries or which, in the opinion of the Investment Manager, have a significant portion of their assets in developing countries, or derive a considerable portion of their income as a result of activities in developing countries. The Investment Manager defines developing countries as countries not included at the time of investment in the MSCI World Index. The markets of Hong Kong and Singapore are considered as developing countries for the purposes of the Fund's eligible investments.