European equity strategies and funds

An exhaustive stock-specific research process is the basis of the team’s success. This involves carrying out in-depth research into every asset in which we invest. As well as meeting company management, we produce in-depth five-year financial company forecasts. By doing so, we are taking a longer view than the market. We believe this gives us a significant competitive advantage.

Strategy	Benchmark	Target	Fund Manager	Objective
Europe ex UK Alpha Strategy	FTSE Europe ex UK Index	Benchmark + 1.5% p.a.	Greig Bryson	This strategy provides a stable and consistent return through direct and indirect investment mainly in European securities (excluding the United Kingdom).
Europe ex UK Income Strategy	FTSE Europe ex UK Index	Benchmark + 1.5% p.a.	Steven Maxwell	This strategy provides an income in excess of the FTSE Europe ex UK Index together with capital growth over the long term. The strategy will predominantly invest directly and indirectly in securities listed on European (excluding the UK) markets; securities of companies that are incorporated in Europe (excluding the UK); or in companies that derive the majority of their economic activity from Europe (excluding the UK).