Fund Objective: The investment objective of the Fund is to produce capital growth net of fees over the long term (5 years or more). The Fund will be actively managed. This means that the Investment Manager actively makes decisions about how to invest the Scheme Property of the Fund (and which investments to buy and sell) instead of simply following a market index. This is a geographically specific fund, which invests at least 70% in the Pacific Rim region (defined as all developed and emerging Asia Pacific countries including Oceania) with a focus on companies that are judged to be innovators or are beneficiaries of innovation through their products, services or business models. The Fund will invest at least 70% in equities directly or indirectly through collectives (including those managed or operated by the ACD) including exchange traded funds. The Fund may also invest in fixed income (e.g. corporate and government bonds), eligible alternatives and other transferable securities, money market instruments, deposits, cash and near cash. No more than 10% of the Scheme Property of the Fund will consist of units or shares in other collective investment schemes. Derivatives may be used for both investment purposes and Efficient Portfolio Management.