Power Sustainable

      Power Sustainable China A-Shares Core Strategy Fund

      The Fund will invest its net assets in a portfolio of equity securities of companies domiciled in, or exercising the predominant part of their activity in the People’s Republic of China (“PRC”). For purposes of the investment policies, the PRC excludes the Hong Kong and Macau Special Administrative Regions and Taiwan. Accordingly, the Fund will primarily invest in onshore Chinese public equity markets.

      The Fund shall invest in China A-Shares using the “connect programs” of local stock exchanges in China, namely, the Shanghai-Hong Kong Stock Connect Program and the Shenzhen-Hong Kong Stock Connect Program, subject to any required approvals. The Fund may invest in companies in any sector and of any market capitalization, but intends to invest primarily in mid- and large-capitalization companies that the Investment Manager believes are undervalued.

      The Fund may also hold cash or cash equivalent instruments (which shall include, but shall not be limited to, short-term fixed income securities including Money Market Instruments and units of money market funds (together “Cash Equivalents”)). The Fund may, from time to time, hold up to 100% of its net assets in Cash Equivalents where the Investment Manager believes the Fund may benefit from holding increased Cash Equivalents under certain market conditions, while complying with the diversification requirements in the UCITS Regulations, Central Bank UCITS Regulations and UCITS Rules.