INTERNATIONAL FUNDS ISLE OF MAN Investec GS Global Strategic Income October 2014 This factsheet is for information only and should not be considered a financial promotion. This information should not be relied upon for buying and selling decisions. FUND OBJECTIVE MIRROR FUND KEY FACTS The fund aims to provide a high level of income. The fund invests around the world in fixed and floating rate bonds of varying life spans issued by governments, institutions or companies. The fund can also invest in other assets including (but not limited to) derivatives (financial contracts whose value is linked to the price of an underlying asset). Please note: the objective supplied is abbreviated by FPI. For full details please refer to the underlying fund prospectus which is available on request. FP Code: Currency: Launch Date: FPI Risk Rating: Dealing: Sector Classification: Sharia Compliant: Index Tracker: Socially Responsible Investment: SFC Authorised: MAS Approved: FPI MIRROR FUND RISK RATING J43 USD Feb 1996 2 Daily Fixed Int - Global High Yield No No No Yes No UNDERLYING FUND KEY FACTS Sedol Code: B2PT3L7 ISIN Code: LU0345762628 Launch Date: 01/07/1987 Fund Management Company: Investec Asset Mgt Limited Fund Manager: Seamus Vasey Manager Since: 01/11/2013 Fund Size (as at 30/09/2014): USD 355m Annual Management Charge: 1.00% Additional Expenses (as at 31/12/2013): 0.43% Ongoing Charges Figure (as at 31/12/2013): 1.43% Grade 2: Low risk funds offering security and potential growth. The fund price may go up and down depending on investment performance and is not guaranteed. You may get back less than you’ve paid in. DPPI MIRROR FUND SEARCH SCHEME Dynamic Portfolio Planner International (DPPi) is our online, adviser only, The Ongoing Charges Figure is a measure of the total annual charge of the portfolio-planning tool. The Mirror Fund Search Scheme is used to filter our underlying fund and is the Annual Management Charge plus the Additional Expenses mirror fund range by defining broad asset classes in order to refine a search. Sector Classification: Fixed Int - Global High Yield Crown Rating: This fund is classified as: Further information on the Crown Rating can be found at www.financialexpress.net UNDERLYING FUND BREAKDOWN Asset Allocation (as at 31/08/2014) Geographical Allocation (as at 31/08/2014) 15.70% US Fixed Interest 11.20% Global Fixed Interest Global Emerging Market Fixed Interest Brazilian Fixed Interest South African Fixed Interest Luxembourg Fixed Interest 8.30% Money Market 6.80% 6.80% Global Emerging Markets Canada 5.90% Canadian Fixed Interest 9.10% UK 8.30% Money Market 9.80% Germany 9.10% UK Fixed Interest 11.20% International 9.80% German Fixed Interest 15.70% USA Brazil 5.20% South Africa 4.10% Luxembourg 5.90% 5.20% 4.10% 3.40% 3.40% TOP HOLDINGS (as at 31/08/2014) Holding 1. UNITED STATES TREASURY INFLATI 1.375 JUL 15 18 2. QUEBEC 4.25% NTS 01/12/21 CAD1000 3. INVESTEC EMERGING MARKETS LOCAL CURRENCY DEBT S GR ACC GBP 4. GSF EMERGING MRKTS DEBT TOTAL RETURN S INC GROSS USD 5. GERMANY(FEDERAL REPUBLIC) 6.25% BDS 4/1/2024 EUR0.01`492` % of Fund 6.70% 5.70% 5.00% 3.10% 2.90% Holding % of Fund 6. UNITED STATES OF AMER TREAS NOTES 2.75% NTS 15/11/23 USD1000 7. GERMANY(FEDERAL REPUBLIC) 4.75% BDS 4/7/34 EUR0.01 8. TREASURY 2.25% GILT 07/09/23 GBP 9. INVESTEC EMERGING MARKETS LOCAL CURRENCY DEBT I GR ACC USD 10. SOUTH AFRICA(REPUBLIC OF) 8% BDS 21/12/18 ZAR1 2.90% 2.70% 2.20% 1.80% 1.80% INTERNATIONAL FUNDS ISLE OF MAN Investec GS Global Strategic Income October 2014 The information shown below refers to the past. Past performance is not a reliable guide to future performance. Performance figures are net of all charges. Please note that the securities held within a fund may not be denominated in the currency of that fund and, as a result, fund prices may rise and fall purely on account of exchange rate fluctuations. PERFORMANCE OF MIRROR FUND OVER ROLLING ONE YEAR PERIODS (as at 30/09/2014) Investec GS Global Strategic Income 30/09/2009 30/09/2010 30/09/2010 30/09/2011 30/09/2011 30/09/2012 30/09/2012 30/09/2013 30/09/2013 30/09/2014 8.55% -3.86% 6.77% -3.95% -0.35% * This fund was not available during this time frame Figures are for periods from Quarter 3 to Quarter 3 of each year. RELATIVE PERFORMANCE OF UNDERLYING FUND OVER ROLLING ONE YEAR PERIODS (as at 30/09/2014) 30/09/2009 30/09/2010 30/09/2010 30/09/2011 30/09/2011 30/09/2012 30/09/2012 30/09/2013 30/09/2013 30/09/2014 Quartile Rank Q3 Q3 Q4 Q4 Q3 Absolute Rank 24/33 29/40 46/50 59/60 50/67 Figures are for periods from Quarter 3 to Quarter 3 of each year. Quartile rank – if a fund is ranked in the top 25% of funds available within its investment sector over the period shown, it is shown as Q1. Funds ranked in the next 25% are ‘Q2’ etc. Funds in the bottom 25% are ‘Q4’. Absolute rank – shows the fund’s relative positioning when its performance is compared to the other funds in the Financial Express sector. PERCENTAGE GROWTH OF MIRROR FUND OVER FIVE YEARS (as at 30/09/2014) 14% CUMULATIVE PERFORMANCE OF MIRROR FUND (as at 30/09/2014) % growth Since Launch 12% 116.02 1 Year -0.35 3 Years 2.19 5 Years 6.63 10 Years 34.02 10% 8% 6% 4% ANNUALISED PERFORMANCE OF MIRROR FUND (as at 30/09/2014) 2% % growth 0% Since Launch -2% -4% Oct 09 Oct 10 Oct 11 Oct 12 Oct 13 30/09/2009 - 30/09/2014 Powered by data from FE Standard Deviation* 4.22 5.32% * Standard Deviation is a measure of a fund’s risk and volatility. It gives an indication of how much a fund’s price goes up and down in value. So the higher the volatility measure, the greater the risk. The above figure is an annualised figure over a three-year time period. Source: Financial Express Ltd, on a bid to bid basis. Figures to 30/09/2014 IMPORTANT INFORMATION REGARDING MIRROR FUNDS For each fund managed by external investment managers Friends Provident International has set up its own mirror fund, which invests exclusively in the underlying fund, apart from a proportionately small amount, which may be held as a cash balance. This means that the price of the Friends Provident International fund will be different from the corresponding fund due to the cash holding and any differences in fund charges, but will move mainly in line with it. These mirror funds can only be accessed using Friends Provident International product wrappers. Please note that there are fees charged to investments in the mirror funds that will affect their return. For further details, please refer to the relevant fund information brochure. Friends Provident International Limited Registered and Head Office: Royal Court, Castletown, Isle of Man, British Isles, IM9 1RA. Telephone: +44(0) 1624 821 212 Fax: +44(0) 1624 824 405 Website: www.fpinternational.com Incorporated company limited by shares. Registered in the Isle of Man, number 11494. Authorised by the Isle of Man Insurance and Pensions Authority. Provider of life assurance and investment products. Authorised by the Office of the Commissioner of Insurance to conduct long-term insurance business in Hong Kong. Registered in the United Arab Emirates as an insurance company (Registration No. 76). Registered with the Ministry of Economy as a foreign company (Registration No. 2013): Registration date 19 April 2007. Authorised by the United Arab Emirates Insurance Authority to conduct life assurance and funds accumulation operations. Registered in Singapore No. F06835G. Licensed by the Monetary Authority of Singapore to conduct life insurance business in Singapore. Friends Provident International is a registered trade mark of the Friends Life group.