Davy Discovery Equity Fund A/  IE00BRJL3F82  /

To provide investors with long term capital growth by investing in shares of medium sized companies on a global basis. The Fund will invest in medium sized companies who are listed or quoted globally. Investments will be made in companies that have stabilised profitability early in their life cycle with the intention of retaining such investments during each company’s core growth phase. Generally the Fund will invest in companies that have a market capitalisation of greater than €200m. Diversification will be achieved on a geographic basis as well as on an industry sector basis including energy, technology, basic resources, healthcare and environmental services. The Fund may also invest in other asset classes such as cash and commercial paper.