IMPORTANT NOTICE This fund is available for purchase by Professional Clients and Eligible Counterparties who have signed the investor letter issued by Premier Miton and is subject to minimum initial subscription and minimum holding requirements. The fund is not suitable for Retail Clients. For further information, contact info@premiermiton.com The aim of the fund is to provide a monthly income together with capital growth over the long-term, being five years or more. Five years is also the minimum recommended period for holding shares in this fund. This does not mean that the fund will achieve the objective over this, or any other, specific time period and there is a risk of loss to the original capital invested. The fund invests in a portfolio of fixed and variable interest rate investments, focussing on bonds issued by companies in the financial services sector, such as banks and insurance companies globally. At least 75% is invested in capital securities issued by companies in the financial services sector, such as Tier 1, Tier 2 and subordinated senior securities, with at least 50% invested in contingent capital bonds, known as contingent convertible bonds (CoCos). The income will be paid through interest distributions on a monthly basis. The full investment objective and investment policy for the fund are published in the fund’s Prospectus The past performance of an investment is not a guide to its future performance; the value of an investment and any income from it can go down as well as up. There is a risk that you could get back less than you invested. Find out more In brief Invests in a portfolio of fixed and variable interest rate investments, focussing on bonds issued by companies in the financial services sector, such as banks and insurance companies Offers access to a specialist asset class with at least 50% of the fund invested in CoCos Experienced fund managers with a proven track record of managing investments in this asset class Income paid monthly as interest distributions per share. At least 75% of the fund is invested in capital securities issued by companies in the financial services sector, such as Tier 1, Tier 2 and subordinated senior securities, including contingent capital bonds, also known as contingent convertible bonds (CoCos). Actively managed. This fund is only available to professional clients and eligible counterparties who have a good knowledge of relevant financial products and transactions and have relevant financial industry experience and whose main investment priority is to receive a regular income; and who understand the risks of a fund that invests at least 50% in CoCos; and who understand that there is a risk of losing all the capital invested; and who understand that the income paid by the fund is not guaranteed and will fluctuate and who have read the information provided by Premier Miton and understand the nature of the investment, including the risks and commitments; and who can invest for the long-term, which means at least 5 years who have signed the investor letter provided by Premier Miton This fund is deemed incompatible for retail clients, and those who need to fully protect their investment; who want on-demand full repayment of the amount invested; who have no tolerance for risk; who are unable to accept the possibility that they may not get back the full amount originally invested when they come to sell their investment; who are looking to invest for less than 5 years who are looking for a guaranteed level of investment growth or a guaranteed amount of income who have no experience or only a basic knowledge of relevant financial products and transactions Fund managers Lloyd Harris Robert James