Notification of changes to the underlying fund of S112 Jupiter Global Financials

Before the Effective Date

From the Effective Date

Name and Code of Mirror Fund

R158 Jupiter Global Financials

R158 Jupiter Financial Innovation

Name of the corresponding underlying fund

The Jupiter Global Fund - Jupiter Global Financials

The Jupiter Global Fund - Jupiter Financial Innovation

Investment objective and policy of the underlying fund

To achieve long term capital growth principally through investment in equities of financial sector companies on an international basis.

The Fund will invest primarily in an international portfolio of financial services companies worldwide. The Fund will also invest, to a lesser extent, in property related companies. The companies in which the Fund invests are considered by the Investment Manager to be undervalued and exhibit favourable growth prospects arising from characteristics such as proven management or strong products or services.

To achieve capital growth in the long-term.

The Fund will invest at least 70 per cent of its Net Asset Value in a global portfolio consisting of: (i) equity and equity related securities (including preference shares, warrants, participation notes and depositary receipts) which may be issued by issuers located in any country and which the Investment Manager believes drive or benefit from (or have the potential to drive or benefit from) financial innovation, including but not limited to payments technology, digital financial services, mobile banking and blockchain; and (ii) financial derivative instruments. The companies in which the Fund invests are considered by the Investment Manager to be undervalued and exhibit favourable growth prospects arising from characteristics such as proven management or strong products or services.