Risk Rating Changes to Friends Provident International Limited Funds

12 December 2019

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 14 January 2020.

The details of the changes are as follows:

Fund Name and Code

Fund Risk Rating before 14 January 2020

Fund Risk Rating after 14 January 2020

S130 GAM Star Growth (GBP)

3

4

S131 GAM Star Growth (USD)

3

4

S132 GAM Star Growth (EUR)

3

4

L13 Templeton Emerging Markets Bond

3

4

L70 Templeton Emerging Markets Bond

3

4

S112 Jupiter Financial Innovation

4

5

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.