W1M Wealth Management Limited Waverton Real Assets Fund

The Fund aims to achieve growth and income on your investment by investing up to 100% of its assets in investments that give exposure to real assets. Real assets include property, infrastructure, commodities and the associated financing of these and other real assets. The Fund may invest, directly or indirectly, through investment in other funds, shares of companies, bonds, asset-backed securities and structured products. Asset-backed securities are investments that receive a cash flow from a pool of assets. Structured products are securities in which the issuer undertakes to provide a return to investors based on the performance of a reference asset such as an equity, bond, derivative, index or fund. The Fund may invest up to 70% of its assets in structured products. The Fund may invest up to 100% of its assets in shares issued by companies worldwide, including ordinary shares and preferred shares. A preferred share typically pays dividends at a specified rate and has preference over ordinary shares in dividends and the liquidation of assets. The Fund may invest up to 100% of its assets in bonds issued by governments or companies worldwide and in bonds convertible into shares, each of which will be rated either investment grade or below investment grade. The Fund may invest up to 50% of its assets in bonds rated below investment grade. A rating agency gives ratings based upon its assessment of the risk that the issuer of a bond will be unable to make payments. The Fund may invest in bonds priced in any currency. At times, the Fund may hold cash and cash-like instruments. The Fund may invest up to 10% of its assets in any one collective investment scheme.