Scottish Widows Developed Asia Pacific (ex Japan ex Korea) Equity Tracker

To track the performance of the Asia Pacific equity market (but excluding Japanese and Korean equities) as represented by the FTSE Developed Asia Pacific ex Japan ex Korea Custom Screened Index (the “Benchmark Index”) by investing in Asia Pacific shares (but excluding Japanese and Korean shares). The Fund aims to perform in line with the Benchmark Index before deduction of fees. The Fund aims to replicate the performance of the Benchmark Index by investing directly in shares of companies within the Benchmark Index. The Fund may include or exclude specific shares and/or other security types which are representative of, or provide exposure to, a company in the Benchmark Index (such as depositary receipts). Any income received by the Fund is retained in the Fund and has the effect of increasing the share price. The Fund may use derivatives as an additional way to gain exposure to the companies in the Benchmark Index. The extent of derivative use for investment purposes will be limited. The Fund may also invest, up to 10%, in collective investment schemes to gain exposure to the Benchmark Index. Derivatives and stock lending may additionally be used for the purpose of managing the Fund in a way that is designed to reduce risk or cost and/or generate extra income or growth (often referred to as efficient portfolio management). The Benchmark Index has been selected as an appropriate benchmark as it measures the performance of a sub-set of equity securities within the FTSE Developed Asia Pacific ex Japan ex Korea Index (the “Parent Index”). The Parent Index provides a representation of the returns of securities in the Asia Pacific ex-Japan ex-Korea equity market by measuring the performance of large and mid-cap companies across developed markets in the Asia Pacific region (excluding Japan and Korea). The Benchmark Index excludes companies from the Parent Index based on the Scottish Widows Unit Trust Managers (SWUTM) exclusions screening criteria. Information on the Benchmark Index: The Benchmark Index is a custom index which excludes the following companies from the Parent Index: • Manufacturers of controversial weapons prohibited by international conventions such as anti-personnel landmines, cluster munitions, chemical and biological weapons; • Companies which do not meet one or more of the ten United Nations Global Compact principles. Those cover, but are not limited to, human rights, anti-corruption and the environment; • Companies where 5% or more of their revenue is derived from Thermal Coal extraction and/or Tar Sand operations; • Companies where 10% or more of their revenue is obtained via activities within Tobacco production, sales or related services. Investors should aim to hold their investment in the Fund for the medium to long term (at least five to ten years). Any Income received by the Fund is retained in the Fund and has the effect of increasing the share price. We calculate the value of the Fund at 8am daily on working days in the UK. Our dealing times are from 9am to 5pm each working day. Instructions received before 5pm will receive the next available price.