Risk Rating Changes to Friends Provident International Limited Funds

23 July 2018

Friends Provident International Limited (“Friends Provident International”) has recently undertaken a review of the Risk Ratings of their fund range and as a result of this review the Risk Ratings to a number of our funds will be amended, with effect from 29 August 2018.

The details of the changes are as follows:

Fund Name and Code

Fund Risk Rating before 29 August 2018

Fund Risk Rating after 29 August 2018

P65 Aberdeen Global Asia Pacific Equity

4

5

R63 Allianz Japan Equity

4

5

R95 Emirates NBD Active Managed

3

4

L25 F&C European Growth & Income (EUR)

4

5

L46 Fidelity Global Dividend

3

4

P51 Franklin Mutual European

4

5

J57 Invesco Global Health Care

4

5

L06 Templeton Global Bond (USD)

3

4

L04 Templeton Global Total Return (USD)

3

4

P63 Janus Henderson Horizon European Growth (USD)

4

5

L22 PIMCO Global Real Return

2

3

J71 Schroder Japanese Opportunities

4

5

J39 Schroder US Smaller Companies

4

5

L05 Templeton Global Bond (EUR)

3

4

L03 Templeton Global Total Return (EUR)

3

4

This review has been undertaken in light of current market conditions to ensure that you have the most up to date information on which to base your investment decisions. Please note that the review of the risk ratings are in relation to Friends Provident International Mirror Funds only and these amendments will not result in any changes to the underlying funds listed above.

Should you have any questions regarding this change, please contact International Funds & Investments.