Why invest in the fund?
1
Company focus
Unconstrained, rigorous in-house company research is based on our consistently applied philosophy and process. We only select those businesses which meet our stringent investment criteria.
2
Team approach
We invest as a team. Our long tenured, experienced investment team challenges and debates all proposals.
3
Long-term investment horizon
Our buy-and-hold approach is focused on sustainable growth. We invest for the long term in order to exploit the power of compound growth.
The value of investments can fall. Investors may not get back the amount invested.
Objective: To achieve long-term capital appreciation through investing primarily in a portfolio of equity and equity related securities of companies located throughout Europe.
Benchmark: The Fund will measure its performance against the MSCI Europe NR Index (the “Benchmark”).
The Fund is actively managed, which means the Investment Manager has absolute discretion to invest outside the Benchmark subject to the investment objective and policies disclosed in the Prospectus. While the Fund’s holdings may include constituents of the Benchmark, the selection of investments and their weightings in the portfolio are not influenced by the Benchmark. The investment strategy does not restrict the extent to which the Investment Manager may deviate from the Benchmark.
About Walter Scott
Walter Scott1 was established in 1983 to offer global equity portfolio management to institutional investors around the world. Since inception, Walter Scott has remained wholly committed to global equity investing.
Our core conviction is that over the long term, return to shareholders can only ever be as great as the wealth generated by the underlying businesses in which they are invested. Our primary task is therefore identifying those companies capable of sustaining the highest rates of wealth generation.
We do so using original, fundamental research carried out by our own team across an investment universe that is unrestricted by region, market sector or benchmark. Walter Scott’s truly global approach views the world as a single universe of opportunities.
Why Walter Scott?
Global insights
A worldwide view offers insights into the merits of European companies versus other global corporations – how they stack up fundamentally, competitively, and also from a valuation standpoint.
Identify trends
With its global perspective, the investment team is able to identify worldwide trends that can create opportunities and threats for European firms.
Collective and global knowledge
Many major European companies have worldwide operations, and Walter Scott highly experienced research team can apply its collective and extensive knowledge of diverse operating environments across the globe when analysing European-listed businesses
The value of investments can fall. Investors may not get back the amount invested.
Objective/Performance Risk: There is no guarantee that the Fund will achieve its objectives.
Currency Risk: This Fund invests in international markets which means it is exposed to changes in currency rates which could affect the value of the Fund.
New Fund Liquidity Risk: This Fund is not expected to hold investments which would be considered illiquid, however, while the Fund is being established, itis possible that the liquidity profile of the Fund may fluctuate.
Geographic Concentration Risk: Where the Fund invests significantly in a single market, this may have a material impact on the value of the Fund.
Derivatives Risk: Derivatives are highly sensitive to changes in the value of the asset from which their value is derived. A small movement in the value of the underlying asset can cause a large movement in the value of the derivative. This can increase the sizes of losses and gains, causing the value of your investment to fluctuate. When using derivatives, the Fund can lose significantly more than the amount it has invested in derivatives.
Environmental, Social and Governance (ESG) Investment Approach Risk: The Fund follows an ESG investment approach. This means factors other than financial performance are considered as part of the investment process. This carries the risk that the Fund's performance may be negatively impacted due to restrictions placed on its exposure to certain sectors or types of investments. The approach taken may not reflect the opinions of any particular investor. In addition, in following an ESG investment approach, the Fund is dependent upon information and data from third parties (which may include providers for research reports, screenings, ratings and/or analysis such as index providers and consultants). Such information or data may be incomplete, inaccurate or inconsistent.
Counterparty Risk: The insolvency of any institutions providingservices such as custody of assets or acting as a counterparty toderivatives or other contractual arrangements, may expose the Fund to financial loss.
Real Estate Investment Trust (REITs) Risk: The Fund is subject torisks associated with investing in real estate which may include but is not limited to liquidity constraints arising from difficulties with the disposal of the underlying properties, fluctuations in the value of underlying properties, defaults by borrowers or tenants, marketsaturation, changes in general and local economic conditions,decreases in market rates for rents, increases in competition,property taxes, capital expenditures or operating expenses and other economic, political or regulatory occurrences affecting companies in the real estate industry.
Volcker Rule Risk: The Bank of New York Mellon Corporation or one of its affiliates ("BNYM") has invested in the Fund. As a result ofrestrictions under the "Volcker Rule," which has been adopted by U.S. Regulators, BNYM must reduce its shareholding percentage so that it constitutes less than 25% of the Fund within, generally, three years of the Fund's establishment (which starts when the Fund's manager begins making investments for the Fund). Risks may include: BNYM may initially own a proportionately larger percentage of the Fund, and any mandatory reductions may increase Fund portfolio turnoverrates, resulting in increased costs, expenses and taxes. Details of BNYM's investment in the Fund are available upon request.
The value of investments can fall. Investors may not get back the amount invested. Income from investments may vary and is not guaranteed. Please refer to the prospectus and the KIID/KID before making any investment decisions. Documents are available in English and an official language of the jurisdictions in which the Funds are registered for public sale. Go to bnymellonim.com.
1Investment Managers are appointed by BNY Mellon Investment Management EMEA Limited (BNYMIM EMEA), BNY Mellon Fund Management (Luxembourg) S.A. (BNY MFML) or affiliated fund operating companies to undertake portfolio management activities in relation to contracts for products and services entered into by clients with BNYMIM EMEA, BNY MFML or the BNY Mellon funds.
1499860 EXP 31 January 2024