Barings Australia A AUD/  IE00B3YQ9180  /

To provide long-term capital growth by investing in Australia. The Fund invests at least 70% of its total assets (excluding cash and cash equivalent assets) in the shares of companies incorporated in, exercising the predominant part of their economic activity in, or quoted or traded on stock exchanges in Australia. The Fund will invest at least 50% of the Fund"s total assets in equities of companies that exhibit positive or improving environmental, social and governance (ESG) characteristics. Further detail of the Investment Manager"s, Public Equity: ESG Integration & Active Engagement Policy for equity Funds including the Fund is available on the Manager"s website at www.barings.com. The Fund is also permitted to invest to a lesser extent in shares of companies elsewhere in the Asia Pacific region (other than Australia) or in other markets which the investment manager believes have the potential to benefit from the economic growth and development of the Asia Pacific region. Furthermore, it may invest in shares of companies that exhibit less positive environmental, social and governance (ESG) characteristics.

To provide long-term capital growth by investing in Australia. The Fund invests at least 70% of its total assets (excluding cash and cash equivalent assets) in the shares of companies incorporated in, exercising the predominant part of their economic activity in, or quoted or traded on stock exchanges in Australia.