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Legal and Regulatory Disclaimer

The Sanlam Universal Funds Plc, Sanlam Global Funds Plc and Sanlam Qualifying Investors Funds Plc are open-ended umbrella type investment companies, with segregated liability between sub-funds, authorised by the Central Bank of Ireland under legislation.

The funds are managed by Sanlam Asset Management (Ireland) Limited, Beech House, Beech Hill Road, Dublin 4, Ireland, Tel +353 1 205 3510, Fax +353 1 205 3521 which is authorised by the Central Bank of Ireland, as a UCITS Management Company & Alternative Investment Fund Manager and is licensed as a Financial Service Provider in terms of Section 8 of the South African FAIS Act of 2002.

Although all reasonable steps have been taken to ensure that all information is accurate, Sanlam Asset Management Ireland Ltd does not accept any responsibility for any claim, damages, loss or expense; however it arises, out of or in connection with the information. No member of Sanlam Asset Management (Ireland) Limited gives any representation, warranty or undertaking, nor accepts any responsibility or liability as to the accuracy of any of this information.

Independent professional financial advice should always be sought before making an investment decision.

Collective investment schemes are generally medium- to long-term investments. Please note that past performances are not necessarily an accurate determination of future performances, and that the value of investments / units / unit trusts may go down as well as up. Changes in exchange rates may have an adverse effect on the value, price or income of the product.

The full prospectus, the fund supplements and if relevant the Minimum Disclosure (MDD) and Key Investor Information (KIID) documents are available free of charge from the Manager, the Investment Managers or at www.sanlam.ie. Any offering is made only pursuant to the relevant offering document, together with the current financial statements of the relevant fund, and the relevant subscription application forms, all of which must be read in their entirety together with the Prospectus, Supplements and if relevant, the KIID. No offer to purchase securities will be made or accepted prior to receipt of these documents, and the completion of all appropriate documentation.

Collective investments are traded at ruling prices and can engage in borrowing and scrip lending.

Collective investments are calculated on a net asset value basis, which is the total market value of all assets in the Portfolio including any income accruals and less any deductible expenses such as audit fees, brokerage and service fees.

Actual investment performance of the portfolio and the investor will differ based on the initial fees applicable, the actual investment date, and the date of reinvestment of income as well as dividend withholding tax.

Forward pricing is used.

The Manager does not provide any guarantee either with respect to the capital or the return of a Portfolio.

The performance of the Portfolio depends on the underlying assets and variable market factors.

Trail commission and incentives may be paid and are for the account of the manager. International investments or investments in foreign securities could be accompanied by additional risks such as potential constraints on liquidity and repatriation of funds, macroeconomic risk, political risk, foreign exchange risk, tax risk, settlement risk as well as potential limitations on the availability of market information.

The Manager has the right to close any Portfolios to new investors to manage them more efficiently in accordance with their mandates if stated in the Supplement.

The portfolio management of all the portfolios are outsourced to Regulated and authorised financial services providers.

A fund of funds is a portfolio that invests in portfolios of collective investment schemes that levy their own charges, which could result in a higher fee structure for the fund of fund.

Sanlam Asset Management is a licensed financial service provider.
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