Money Observer Investment funds

INVESTMENT FUNDS ALPHABETICAL How each fund has performed over five periods – plus rankingS and RATINGS

Return on £100 after:

Sec- tor

Aberdeen American Equity A U Aberdeen Asia Pac & Japan A T1 Aberdeen Asia Pacific A T Aberdeen Cash A X Aberdeen Corporate Bond A E Aberdeen Em Mkts A O Aberdeen Emer Mkts Bd A2 N M Aberdeen Ethical World A Inc • Aberdeen European Equity A V Aberdeen European Frontiers A P Aberdeen European Sm Cos A V1 Aberdeen Glbl Amer Eq D2 GBP * U Aberdeen Glbl Asia Pac Eqty D2 GBP * T Aberdeen Glbl Asian Sm Cos D2 GBP * T Aberdeen Glbl Chinese Eq D2 GBP * S Aberdeen Glbl EM Sm Co D2 GBP * O Aberdeen Glbl Em Mkts Eq D2 GBP * O Aberdeen Glbl Eur Eq Ex UK D2 GBP * V Aberdeen Glbl Indian Eq D2 GBP * P Aberdeen Glbl Japanese Eq D2 GBP * R Aberdeen Glbl Jap SmCo D2 GBP * R1 Aberdeen Glbl Sel Euro HY Bd D1 GBP * N Aberdeen Glbl Sel Glb Cr Bd D1 GBP * N Aberdeen Glbl Sel High Yld Bd D1 GBP * N Aberdeen Glbl Tech Equity D2 GBP * Q Aberdeen Glbl UK Equity D1 GBP * A Aberdeen Glbl World Eq D2 GBP * M Aberdeen Hgh Yld Bd A2 G Aberdeen Japan Growth A R Aberdeen Latin Amer Eq A P Aberdeen Managed Distr A J Aberdeen MM Bal Mgd K Aberdeen MM Caut Man J Aberdeen MM Constell M Aberdeen MM Eq Man L P Aberdeen MM Ethical • Aberdeen MM Mlti-Asst Dist J Aberdeen MMgr DA Pfl R P Aberdeen Property Share A Z A Aberdeen Res UK Eq A • Aberdeen Strat Bd A GBP F Aberdeen UK Equity A Inc A Aberdeen UK Equity Inc A B Aberdeen UK Mid Cap A A Aberdeen UK Smaller Companies C Aberdeen World Equity A Inc M Aberdeen World Gwth & Inc A M1 Aberforth UK Small Companies C Abs Ins Emer Mkt Debt B1p GBP * Abs Insight (NURS) FP Actv Eur Ex-UK Eqty C GBP * V AI Euro Property R GBP NET Inc Z AI Higher Income Plus SCA F AI Multimanager 20-60% SC 1 J AI Multimanager 40-85% SC 1 K AI Multimgr Flexible Shrs SC 1 L AI UK Abs SC A P AI UKR Active Protector X2 AI UKR Balanced Managed SCA K AI UKR Blue Chip Tracking SC1 • A AI UKR Cash SC1 X AI UKR Corporate Bond SC1 E AI UKR Distribution SC1 J AI UKR European Equity SCA V AI UKR Global Equity Inc SC1 M1 AI UKR High Yield SC1 Inc G AI UKR Intl Index Tracking SC1 • M AI UKR Managed High Income SC1 F AI UKR Mnthly Inc Pls SC1 Inc E AI UKR Property Investmnt Fund Z AI UKR Property Trust Inc Z AI UKR Strategic Bond SC1 Inc F AI UKR UK Equity Income SCA B AI UKR UK Equity SCA A AI UKR UK Focus SC1 A AI UKR UK Growth SCA A AI UKR UK Income&Grwth SC1 A AI UKR UK Index Tracking SC1 • A AI UKR UK Smaller Comps SC1 C AI UKR UK Special Sits SC1 A All Trst MthIncBond A E Alliance Trust SF AbsGrwth SC1 • L E Alliance Trust SF Corp Bd SC1 • Alliance Trust SF EurGrwth SC1 • V Alliance Trust SF Managed SC1 • K Alliance Trust SF UK Grwth SC1 • A AllianceTrust SF AbsGrowth SC1 • M AllianceTrustUK EthcalSF A • A Allianz Brazil A P Allianz BRIC Stars A P Allianz China Eq A GBP * S Allianz Cont Europn A V Allianz Dynamic Growth A P Allianz Euro Eq Inc A • V Allianz Europe Eq Gr A GBP * V2 Allianz Gilt Yield A Inc D Allianz Gl Agric Trends A GBP * P Allianz Glo EcoTrnds A • P Allianz Japan R Allianz RiskMaster Cons A J Allianz RiskMaster Defensive A L Allianz RiskMaster Growth A L Allianz RiskMaster Moderate A L Allianz Stlng Tot A F Allianz Tot Asian Eq A T Allianz UK Corp Bd A E Allianz UK Eq Inc A Inc B Allianz UK Gth A A Allianz UK Idx A • A Allianz UK Mid-Cap A A Allianz UK Unconstrained A A Allianz US Equity A A U Architas Liq R Net X1 Architas MA Actv Grth Cl R Inc L Architas MA Actv Prog Cl R K Architas MA Actve Dyn Cl R L

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

1435.1 172.2 0.9 197.9 1.1 111.1 0.3 123.4 3.8 551.9 0.5 116.6 4.9 138.3 1.3 133.0 1.1 266.1 0.3 968.3 0.8 1316.0 4566.7 2906.8 1531.1 1221.7 4162.7 833.2 5991.0 213.3 0.3 549.5 522.5 6.8 164.5 3.5 106.9 7.5 249.6 1734.3 1.3 1075.8 108.0 6.8 146.4 0.5 95.4 0.9 172.7 2.9 93.1 0.3 170.8 1.9 183.3 0.1 177.9 75.0 65.2 3.7 136.0 73.8 1.1 132.6 1.7 9763.0 135.1 1.4 964.4 3.6 152.7 0.9 232.5 1.3 158.3 1.2 65.0 3.7 14412.0 2.6 121.6 133.4 0.7 1029.5 117.3 2.7 53.1 3.7 62.0 0.4 59.7 0.2 59.9 0.1 46.5 119.9 86.7 1.0 163.4 2.7 52.1 0.0 55.5 3.1 184.3 3.1 137.8 0.7 90.8 0.6 67.2 4.6 95.9 1.2 49.9 3.7 46.8 3.4 56.3 4.8 101.5 3.0 68.0 3.1 104.4 4.1 118.6 1.9 111.1 1.2 120.1 1.3 520.9 1.9 65.4 2.5 234.6 0.9 79.6 0.9 116.9 3.0 59.2 0.1 49.8 3.0 82.3 1.0 59.3 1.1 72.6 1.1 53.8 129.4 70.2 1.2 137.9 0.5 11644.0 0.3 777.8 172.3 0.4 156.8 4.2 19287.0 0.2 157.7 1.8 11972.0 80.9 474.7 0.2 108.4 106.1 110.8 109.8 139.7 2.9 540.0 1.7 99.6 3.3 266.4 4.0 3756.3 1582.9 2.2 3118.1 179.9 322.0 0.2 101.5 0.1 171.4 0.3 172.1 1.8 186.4 0.2

97.8 95.5 94.3 100.0 95.6 92.9 94.8 94.8 95.2 94.8 97.5 97.7 94.3 91.9 93.7 91.7 92.8 95.4 92.0 100.6 99.1 97.2 96.5 97.3 95.5 95.2 95.0 97.1 100.4 88.3 96.5 95.9 96.5 95.1 94.7 95.6 96.5 98.2 96.5 95.3 96.0 95.3 95.3 97.6 99.4 95.2 94.6 97.3 98.3 100.2 96.3 99.7 96.8 95.9 95.5 95.1 100.7 95.9 95.9 94.9 100.0 96.0 96.2 96.5 97.0 97.8 96.8 96.5 96.0 97.9 100.3 97.7 97.0 96.9 96.9 96.4 96.0 95.0 98.6 96.7 95.1 97.2 95.8 96.3 97.0 97.7 96.4 98.2 85.8 91.9 91.7 95.9 95.6 97.8 95.3 96.8 93.1 96.8 101.8 96.1 96.2 95.6 95.9 96.0 93.8 95.8 96.9 96.2 95.2 97.0 97.3 96.9 100.0 94.4 95.3 93.9

120.5 126.7 25 148.9 51 167.9 18 3 4 104.5 113.2 7 130.0 2 194.6 1 ✓ ✓ 101.8 111.3 56 124.4 27 222.0 11 4 4 100.0 100.2 6 101.0 6 112.3 7 98.7 107.8 24 116.1 61 124.6 45 2 4 97.1 108.6 22 123.6 7 259.7 4 ✓ 3 94.2 104.5 40 108.6 117.2 184 125.4 160 143.7 72 2 4 110.5 124.5 89 135.7 43 121.8 62 3 3 99.4 116.1 44 111.4 66 110.9 53 ✓ 1 107.1 125.3 11 145.5 8 143.4 7 2 3 120.0 125.5 35 144.5 65 162.1 26 2 4 102.0 111.4 54 123.4 28 217.2 12 4 4 108.4 123.7 3 151.6 2 323.0 1 ✓ ✓ 100.0 106.8 29 116.8 4 213.5 5 4 4 105.4 121.0 1 140.4 1 ✓ 4 97.0 108.5 23 122.7 8 260.7 3 ✓ 3 110.3 124.4 90 134.8 49 122.3 61 3 3 100.3 108.1 93 102.2 89 230.2 2 ✓ 1 116.2 119.0 52 137.6 8 4 4 118.8 123.3 5 142.3 3 ✓ ✓ 105.9 123.7 1 132.5 4 1 1 97.7 106.1 30 110.2 49 163.6 24 2 3 104.7 121.7 2 139.0 1 186.4 5 1 1 108.6 114.3 8 138.7 8 184.9 6 ✓ 4 111.5 119.6 145 150.7 74 139.2 92 4 ✓ 109.1 116.1 192 137.4 76 168.6 21 ✓ ✓ 101.1 116.1 3 117.7 122.2 41 141.4 4 123.0 7 ✓ 4 91.0 106.1 107 105.0 109.7 85 133.2 9 ✓ ✓ 107.0 115.7 55 124.5 88 136.8 29 3 2 105.0 112.8 33 121.9 53 130.8 28 3 4 110.9 121.0 129 129.1 143 135.5 90 4 ✓ 108.0 118.8 37 126.0 67 134.7 42 3 4 110.2 120.4 33 122.9 39 132.0 39 2 4 104.6 112.4 42 124.2 43 4 4 101.9 105.2 114 110.0 69 1 ✓ 111.6 130.7 2 161.3 1 76.9 15 ✓ 4 109.1 117.2 182 144.2 116 138.0 99 3 ✓

111.3 119.7 143 151.8 69 143.1 78 ✓ ✓ 110.6 119.4 53 152.2 26 141.3 28 4 ✓ 114.6 132.0 36 167.5 19 157.4 43 3 ✓ 112.3 129.6 26 160.4 33 145.2 33 2 ✓ 109.2 116.2 191 136.8 85 163.5 28 ✓ ✓ 107.2 112.6 26 133.8 15 3 ✓ 115.8 133.4 14 164.2 30 157.4 28 3 4 98.8 105.5 42 116.8 12 ✓ ✓ 101.9 106.0 38 114.3 19 4 ✓ 110.3 130.2 58 105.7 107.8 20 111.5 21 100.2 111.5 13 122.9 18 133.3 18 2 4 103.0 111.5 56 121.6 58 3 ✓ 105.7 115.8 49 126.9 64 4 3 106.4 117.2 55 127.3 60 1 ✓ 103.0 110.2 81 95.0 115 2 4 101.5 103.8 4 107.5 2 2 3 105.8 112.6 104 124.1 90 124.5 57 3 2 107.3 115.2 226 136.1 197 129.1 148 2 4 100.0 100.0 8 100.6 8 99.1 108.2 18 120.8 24 135.7 17 3 ✓ 103.6 113.7 21 132.9 11 134.5 14 ✓ ✓ 112.2 133.8 27 133.6 54 143.3 30 3 2 111.0 118.3 17 137.6 11 127.1 5 3 3 102.1 113.5 7 127.6 7 4 3 114.8 122.5 104 137.4 74 149.2 54 2 4 100.0 109.5 25 125.2 12 137.0 12 4 ✓ 98.8 109.0 10 121.3 18 125.1 44 4 ✓ 95.4 93.1 37 84.0 35 66.5 20 16 101.3 100.9 31 101.8 34 75.0 100.8 110.5 17 123.7 16 2 4 112.1 121.9 36 153.2 22 157.6 16 3 ✓ 108.9 116.5 201 144.3 114 159.5 40 2 ✓ 111.8 121.2 122 150.0 77 156.4 47 4 ✓ 110.0 121.0 124 143.0 126 141.1 81 3 4 108.1 114.5 234 140.4 148 149.3 62 1 ✓ 108.1 116.7 198 139.2 162 133.6 125 2 ✓ 113.5 129.6 27 178.7 13 182.5 11 4 ✓ 112.3 130.2 45 146.7 92 152.2 56 3 3 98.1 111.2 5 116.4 60 115.0 123.5 13 141.4 9 142.0 24 3 4 98.5 107.9 22 119.7 33 130.3 31 2 ✓ 111.0 128.8 70 132.0 60 136.7 36 3 3 111.3 119.2 17 132.4 24 137.4 26 4 2 114.8 123.0 100 147.7 88 134.8 118 3 ✓ 115.7 122.9 94 135.7 93 136.3 85 2 4 115.4 3 4 88.6 98.0 165 94.6 104.2 120 84.2 136 140.5 32 1 1 94.5 105.3 31 96.1 25 3 1 108.0 126.6 79 153.0 10 155.4 16 ✓ 3 103.6 108.1 94 108.3 74 1 3 112.9 126.0 80 135.0 47 2 3 109.0 126.3 26 156.9 2 ✓ 4 97.0 97.6 3 115.0 4 148.0 1 3 ✓ 101.4 101.9 137 135.0 20 1 2 118.4 125.9 17 114.6 56 1 1 125.1 127.3 14 132.2 15 113.0 18 ✓ 3 101.0 107.0 114 100.2 105.0 112 102.4 109.1 104 101.8 108.3 106 98.6 107.2 37 122.2 19 127.0 25 ✓ ✓ 100.6 109.2 66 117.4 45 171.3 42 3 3 98.5 105.8 50 120.2 29 125.2 43 4 ✓ 113.2 125.8 21 151.3 27 137.1 36 4 ✓ 109.1 119.5 149 134.1 211 115.7 188 2 4 108.3 117.4 178 140.4 150 136.8 107 3 4 114.3 131.0 42 157.5 42 168.7 26 2 4 113.8 129.0 52 149.4 79 133.1 127 3 4 117.9 120.2 81 138.3 78 160.0 29 2 4 100.0 100.0 8 100.5 9 110.1 121.9 21 132.9 27 141.9 25 ✓ ✓ 107.2 116.3 43 125.5 78 140.8 21 4 3 108.5 121.3 22 130.0 41 149.5 13 4 4

3 2 3 1 3 3 3 4 4 3 2 3 3 2 2 1 2 3 3 2 2 1 2 1 3 3 4 1

3 2 2 3 3 3 3 ✓ 2 2 1 1 2 2 3 4 3 4 3 3 3 3 3 2 3 3 2 2 2 4 3 2 3 2 3 4 2 3 2 3

2 3

2

3

Return on £100 after:

As at 1 July 2013

Source: Lipper Sec- tor

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

Architas MA ActvIntIncCl R Inc J 116.5 3.2 Architas MA ActvModIncClRNtAcc I 135.1 2.7 Architas MM Strat Bd Cl R F 143.1 1.2 Architas MM UK Equity Cl R A 220.0 0.9 Ardevora Global Equity A * M 124.3 Ardevora UK Equity A * A 143.6 Ardevora UK Income A * B 122.5 4.0 Artemis Capital R A 1006.7 1.6 Artemis European Growth R V 205.4 1.3 Artemis European Opp R V 62.1 0.7 Artemis Gbl Inc R Inc M1 65.8 4.0 Artemis Global Energy R P 40.8 Artemis Global Growth R M 136.9 0.9 Artemis Global Select R M 59.5 0.0 Artemis High Income R Inc F 75.5 4.9 Artemis Income R Inc B 188.7 3.9 Artemis Monthly Dist R Inc J 55.7 3.8 Artemis Strat Bd QR F 74.8 3.7 Artemis Strategic Assets R L 73.9 0.6 Artemis UK Growth R A 359.8 0.9 Artemis UK Small Cos R C 871.4 0.8 Artemis UK Spec Sits R A 432.0 1.2 Asia Dividend A GBP * T1 1250.0 AT Gl Thematic Oppts A Net M 123.1 0.6 Aviva Inv AP Prop A Inc GBP Z 80.4 3.5 Aviva Inv Dvsfd Assts SC 1 J 128.6 0.1 Aviva Inv Dvsfd Strat SC1 J 99.2 0.2 Aviva Inv Gl Bal Inc A P 110.3 6.7 Aviva Inv Gl Cau Inc A P 119.5 4.5 Aviva Inv US Eq Inc SC1 U 129.3 2.7 Aviva Investors MAst Fd I SC1 P 103.3 Aviva Investors MAst Fd II SC1 P 111.9 0.2 Aviva Investors MAst Fd IV SC1 P 115.2 0.7 Aviva Investors MAst Fd V SC1 P 109.9 0.9 Aviva Investors MAst III SC1 P 108.9 AXA Defensive Distr R Inc Net I 79.9 2.4 AXA Distribution R Inc J 107.8 3.3 AXA Ethical Distribution R • J 117.7 3.2 AXA Framlingtn UK SmCos R C 134.6 0.3 AXA Framlington Am Grth R U 294.8 AXA Framlington Biotech R P 84.8 AXA Framlington EM R O 196.2 0.8 AXA Framlington Eq Inc R Inc B 499.6 4.0 AXA Framlington Europn R Inc V 516.6 0.7 AXA Framlington Fincl R Inc P 330.0 1.1 AXA Framlington Gl Opps R Inc M 717.2 0.7 AXA Framlington Gl Tech R Inc Q 41.4 AXA Framlington Health R Inc P 1027.0 AXA Framlington Japan R Inc R 286.6 0.3 AXA Framlington Mgd Bal R K 280.7 1.1 AXA Framlington Mth Inc R Inc B 192.7 4.4 AXA Framlington UK Grth R A 217.9 1.4 AXA Framlngtn BChpEqInc R B 195.9 3.4 AXA Framlngtn MgdInc R Net F 735.4 5.4 AXA Framlngtn UKMid Cap R A 143.0 0.5 AXA Framlngtn UKSelOpps R Inc A 1457.0 1.1 AXA General Trust R Inc A 907.1 2.3 AXA Global distribution R J 183.9 2.5 AXA Global HighIncomeR Net G 186.6 4.7 AXA Pan Europn HY Bd R Inc Net G 31.6 5.2 AXA Rosenberg American R U 121.3 0.3 AXA Rosenberg European R V 143.8 2.0 AXA Rosenberg Global R M 125.4 1.1 AXA Rosenberg Japan R R 89.1 0.8 AXA RsnbrgAsiaPac exJapanR T 282.9 1.9 AXA Sterling Gilt R Net D 193.7 0.7 AXA Sterling Long Bd H Gr F 135.6 3.5 AXA Strlng Corp Bd R Net E 113.6 2.8 AXA Strlng Idx Lnk Bd H Gr D1 165.8 0.9 AXA Strlng Long Gilt H Gr D 154.8 3.1 AXA Strlng Strat Bd H Gr F 119.5 3.2 AXA StrlngCrdtShDurBdZ Net E 108.8 2.3 AXA StrlngLongCorpBd H Gr E 131.1 4.4 AXA US Sh Dur HY Bd Z Net N 114.2 4.1 Baillie Giff Amer A U 250.7 0.1 Baillie Giff Brit Sm Cos A C 463.9 0.7 Baillie Giff Cash A Net Inc X1 100.1 0.4 Baillie Giff Corp Bd A Inc F 73.5 3.7 Baillie Giff Dev A Pac A T1 278.4 0.9 Baillie Giff EMkt Gth A O 394.7 0.6 Baillie Giff Europn A V 1053.0 0.5 Baillie Giff Glbl Bd C Gr N 187.1 2.6 Baillie Giff Glbl Disc A M 541.6 Baillie Giff Glo Alpha Grwth A M 133.4 0.3 Baillie Giff HiYld Bd A Inc G 119.9 4.4 Baillie Giff Intl A M 2724.0 0.2 Baillie Giff Inv Gd Lg Bd B I E 110.3 5.5 Baillie Giff InvGrd Bd A Inc E 89.1 3.6 Baillie Giff Jap A R 736.1 0.3 Baillie Giff Jap S Co A R1 1553.0 Baillie Giff Lg Trm Gl Gth B A M 183.1 0.1 Baillie Giff Managed A Inc K 459.3 1.1 Baillie Giff Pacific A T 343.6 0.4 Baillie Giff Phoenix GloGth M 206.7 1.4 Baillie Giff UK Eq Alpha A Inc A 280.4 0.9 Baillie Gifford Div Gr A P 162.6 0.3 Baillie Gifford Gbl Inc A Inc M1 428.4 5.0 Barclays Adventurous Gr A Inc L 52.8 Barclays Capital Radar D GBP * 10687.0 Barclays Cautious Pfl A Inc J 45.1 1.9 Barclays Div & Gr A K 60.6 2.7 Barclays Eur xUK Alpha 2 A Inc V 136.5 0.5 Barclays GA UK Alpha Z EUR * A 175.2 Barclays Global Core A M 124.4 1.8 Barclays Growth Pfl A Inc K 60.5 Barclays High Inc Port GBP A I 109.3 2.9 Barclays Inc Plus Pfl GBP A I 108.4 2.4 Barclays Income Pfl A Inc I 96.9 2.0 Barclays Sterling Bd (2) A Inc F 61.1 2.4 Barclays Sterling CB A E 95.6 3.6 Barclays UK Alpha (2) A A 1084.0 1.4 Barclays UK Alpha A Inc A 276.7 1.5 Barclays UK Core A Inc A 545.0 1.4 Barclays UK Eqty Inc (2) A Inc B 262.3 3.7 Barclays UK Equity Inc A Inc B 380.0 3.6 Barclays UK Lowr Cap (2) A Inc A 220.4 0.6

Rated Funds

96.4 96.8 97.0 94.7 100.0 96.8 97.7 96.3 95.8 97.3 95.8 92.9 96.3 98.1 97.5 96.7 96.8 97.6 97.2 98.0 98.5 97.8 95.3 96.5 97.7 96.4 96.7 96.8 96.6 98.2 97.9 96.2 94.1 92.9 95.4 96.9 96.3 96.5 97.6 97.7 95.3 93.6 96.9 96.2 96.8 96.2 97.2 97.3 99.8 97.0 97.5 96.0 96.4 97.8 98.0 96.9 95.3 96.3 97.5 97.8 97.3 95.0 96.4 100.5 94.0 97.5 95.4 96.2 96.2 95.9 96.7 99.1 94.3 98.4 99.5 97.8 100.0 95.3 97.4 93.9 96.4 98.1 97.8 96.2 96.5 96.3 94.8 95.5 101.7 99.4 96.7 96.0 91.8 96.5 95.0 96.5 96.5 95.8 99.8 96.7 95.7 95.1 96.4 96.4 96.2 95.6 96.0 97.1 96.5 95.7 95.9 96.0 94.9 95.8 95.8 97.0

107.2 102.5 99.0 108.4 120.9 115.8 115.5 116.0 117.3 112.9 120.0 96.6 115.3 116.9 105.2 112.6 109.2 101.7 111.0 117.8 108.4 110.1 112.2 115.9 96.7 99.9 101.4 105.4 100.5 125.5 101.1 103.5 105.6 98.7 105.0 102.3 104.8 106.0 111.7 114.7 135.8 98.6 109.7 111.0 115.6 114.8 108.1 122.0 129.0 108.5 108.9 110.2 109.6 103.8 119.6 112.0 107.7 106.2 101.7 101.5 123.5 108.9 114.3 120.2 101.2 96.7 95.8 99.0 102.5 94.8 97.6 100.7 97.3 100.1 121.2 116.8 100.2 98.9 112.8 98.1 115.9 99.2 131.0 117.6 99.8 117.7 97.0 98.2 133.5 133.7 109.8 109.5 104.4 114.1 109.6 102.3 110.4 106.2 102.4 101.6 104.2 111.7 117.0 112.8 104.9 98.3 97.7 98.5 96.9 98.1 112.3 112.4 109.4 110.6 110.7 117.5

114.6 15 127.6 18 138.1 12 ✓ 4 7 1 ✓ 109.0 5 112.8 19 126.1 103.6 47 113.3 46 128.5 21 1 ✓ 122.8 104 143.1 125 121.3 172 3 4 122.2 111 137.0 18 134.1 5 141.9 8 162.6 29 120.3 177 4 3 142.0 2 140.3 26 105.8 70 3 1 133.0 31 132.1 1 99.0 160 131.6 13 157.4 5 141.2 75 ✓ 3 123.2 88 120.0 1 136.3 2 141.2 8 ✓ ✓ 121.3 42 148.3 36 155.2 17 3 ✓ 120.5 2 110.2 18 124.2 15 142.7 7 ✓ 4 121.9 19 129.9 42 2 1 128.6 56 160.9 33 142.8 79 ✓ ✓ 121.7 40 161.7 32 130.1 39 2 ✓ 125.1 82 146.7 91 151.4 58 3 ✓ 121.5 3 124.1 68 95.0 36 118.6 18 104.2 138 114.3 99 1 4 104.9 129 109.5 110 1 4 113.5 59 125.0 32 110.3 54 4 1 106.5 100 118.8 49 119.5 47 3 4 124.7 43 102.7 130 107.8 96 114.2 54 108.9 88 111.3 74 105.4 20 117.8 10 104.0 11 3 ✓ 110.0 81 128.6 15 136.1 13 4 4 116.3 9 133.2 8 ✓ 4 128.9 28 182.2 9 136.3 35 4 ✓ 113.4 89 150.1 44 175.7 10 1 4 139.6 1 209.9 1 253.1 1 ✓ 4 108.7 21 108.5 22 182.5 9 4 2 64 2 ✓ 117.5 70 136.7 70 98.2 132.8 36 150.4 14 146.3 25 ✓ 3 131.2 9 125.4 30 84.4 68 2 2 120.9 132 134.2 106 118.7 123 3 3 108.7 13 138.2 10 194.1 3 2 2 122.5 25 159.2 5 190.3 9 3 ✓ 126.9 18 130.8 16 96.1 30 ✓ 3 117.2 31 139.7 4 150.0 11 ✓ 2 115.7 83 130.2 80 90.1 65 1 ✓ 117.5 176 144.9 110 145.1 69 3 4 119.5 52 153.4 20 3 ✓ 117.5 3 129.2 6 125.6 28 4 4 138.8 13 119.7 141 157.6 41 169.6 25 4 ✓ 116.9 191 141.4 139 125.5 160 3 4 111.5 57 125.5 31 149.0 5 3 4 109.9 16 129.0 6 154.7 4 ✓ ✓ 116.5 2 129.0 5 126.2 18 4 3 124.7 42 156.8 21 153.4 37 4 4 127.4 74 122.4 86 108.0 68 1 1 121.0 127 135.4 97 126.1 116 3 4 119.9 51 115.5 50 88.6 39 2 2 114.4 29 126.9 21 207.9 16 4 3 97.0 9 112.1 18 134.8 11 2 ✓ 99.6 57 126.3 10 ✓ 3 107.9 23 120.3 27 104.5 56 3 ✓ 104.9 1 133.2 2 4 95.9 20 125.0 1 ✓ 2 102.1 51 124.6 13 ✓ ✓ 103.9 64 105.7 52 127.0 2 ✓ 4 103.0 45 114.5 33 ✓ ✓ 117.9 85 153.2 32 168.6 16 3 ✓ 126.8 33 190.9 2 207.9 8 ✓ ✓ 100.5 1 100.9 2 111.5 7 109.9 19 134.6 3 144.3 5 ✓ ✓ 118.5 6 133.3 1 183.4 4 3 4 104.6 42 100.8 38 178.2 11 3 2 136.1 11 153.9 6 170.6 7 ✓ 3 98.8 76 110.0 50 183.4 8 ✓ 2 141.3 2 127.7 35 147.5 22 115.2 4 131.3 2 157.0 3 ✓ 4 128.0 29 143.4 39 163.1 29 4 4 108.5 15 135.6 1 147.7 6 ✓ ✓ 106.0 49 124.1 7 122.5 48 4 ✓ 136.5 3 149.8 2 126.9 4 ✓ 4 137.7 1 161.5 1 115.0 2 ✓ 4 117.8 177 140.7 52 160.1 31 3 3 118.4 22 139.2 5 156.7 5 ✓ 2 114.8 26 132.8 11 199.2 22 ✓ 4 122.4 105 147.0 23 168.7 20 ✓ 4 120.8 127 152.7 65 144.3 72 ✓ 4 106.2 104 120.4 46 1 ✓ 117.3 21 138.0 10 3 ✓ 118.1 43 131.8 35 109.3 65 101.0 64 112.2 28 2 3 108.5 98 119.8 70 109.9 54 2 4 115.6 56 131.6 30 4 3 136.1 9 132.2 59 2 1

120.4 139 140.3 55 114.7 125 3 4 115.0 60 125.5 77 106.0 70 2 1 106.3 17 117.4 11 4 ✓ 104.4 24 116.2 12 ✓ ✓ 101.9 29 110.3 22 1 ✓ 99.0 59 117.4 37 4 ✓ 105.2 58 118.0 49 123.2 47 2 ✓ 129.8 49 154.4 54 ✓ 4 130.1 46 155.9 50 139.7 88 ✓ 4 123.0 99 139.4 160 124.6 161 3 4 123.9 29 146.8 40 3 ✓ 124.3 28 147.2 39 153.8 18 4 ✓ 140.4 10 187.9 5 ✓ ✓

Money Observer’s stable of Rated Funds – top-performing, actively managed funds and investment trusts – is constantly evolving.

Find out MORE AT www.moneyobserver.com/issue/features/money-observer-rated-funds 58

August 2013 | www.moneyobserver.com

2 2

3 3 3 3

✓ 4 3 3

1 3

3 4 3 4 4 3 ✓ 2 2 2 2 2 4 3 3 3 3 4 1 ✓ 3 ✓ ✓ ✓ ✓ 4 3 3 2

✓ 3 2 2

4 3 3 3 1 2 1 1 3 1 1 1 3 1 1 1 2 1 1 1

Money Observer’s 2013 Rated Funds highlighted

How each fund has performed over five periods – plus rankingS and RATINGS

Return on £100 after:

Sec- tor

Barclays UK Opp A Inc A Barclays US Alpha (2) A U Baring ASEAN Frontiers A GBP * P Baring Asian Debt A HKD Inc * N Baring Australia A GBP Inc * P Baring China Growth A GBP S Baring Dyn EM Mkts A GBP * L Baring Eastern Europe A GBP * P Baring Eastern Trust GBP T Baring EM Debt LC A GBP H Inc * N Baring Emerging Mkts A GBP O Baring Europe Select GBP Inc V1 Baring European Growth GBP Inc V Baring German Growth A GBP P Baring Glbl Em Mkts A GBP Inc * O Baring Glo Agriculture A GBP P Baring Glo Resources A GBP Inc * P Baring Global Bond A GBP Inc N Baring Global Growth A GBP Inc M Baring Hi Yld Bd A GBPH Inc QD * G Baring HK China A GBP Inc * S Baring Internatl Bd A GBP Inc * N Baring Korea Trust GBP P Baring Latin America A USD Inc * P Baring MENA A GBP Inc * P Baring Multi Asset A GBP Inc J Baring Portfolio A GBP Inc K Baring Russia A USD Inc * P BCIF Blncd Mngd A K V BCIF Contl Europn Eqty Trkr L • BCIF Corp Bond 1-10 Year L E E BCIF Corp Bond Trkr L • O BCIF Em Mrkts Eqty Trkr L • BCIF Glbl Prop Sec Eq Trk A • Z BCIF Idx Lkd Gilt Trkr D • D1 R BCIF Japan Eqty Trkr L • BCIF Mid Cap UK Eqty Trkr D A BCIF North Amer Eqty Trkr L • U BCIF Oseas Corp Bd Trkr A • N N BCIF Oseas Govt Bd Trkr A • T BCIF Pcfc Ex Jap Eqty Trkr L • BCIF UK Eqty Trkr L • A BCIF UK Gilts All Stk Trkr L • D BCIF US Eqty Trkr A U Beaver L Bedlam Emerging Markets B * M Bedlam Europe B * V Bedlam Global B * M Bedlam Global Income * M1 BG Act Idx-Lnk Glt Pls C Inc D1 BG Active LgGlt Plus B Inc P BG EMkt Leading Comp A O BGF Asian Dragon A4RF GBP * T BGF Emerging Europe A4RF GBP * P BGF European Value A4RF GBP * V2 BGF India A4RF GBP * P BGF Japan S&MCap Opps A4RF GBP * R1 BGF Japan Value A4RF GBP * R BGF Latin American A4RF GBP * P BGF New Energy A4RF GBP *• P BGF US Basic Val A4RF GBP * U BGF World Agri A4RF GBP Hedged * P BGF World Energy A4RF GBP Inc * P BGF World Mining A4RF GBP * P BlackRock Absolute Bo D BlackRock Act Man Port Inc L BlackRock Bal Growth Port Inc K BlackRock Bal Inc Port K BlackRock Cash X1 BlackRock Cautious Port A J BlackRock Consensus 85 K BlackRock Consensus D J BlackRock Cont Eur Inc A V BlackRock Cont European Inc V BlackRock Corporate Bond Inc E BlackRock Emerging Markets Inc O BlackRock Euro Abs Alpha P BlackRock European Dynamic V BlackRock Global Bond Inc N BlackRock Global Eq Trk • M BlackRock Global Equity Inc M BlackRock Global Income A M1 BlackRock Gold & General A Inc P BlackRock Overseas Equity Trk • M BlackRock UK A BlackRock UK Abs Alpha P BlackRock UK Dynamic Inc A BlackRock UK Equity Inc A BlackRock UK Focus PF A BlackRock UK Income Inc B BlackRock UK Smaller Cos C BlackRock UK Special Sits Inc A BlackRock US Dynamic Inc U BlackRock US Opportunities U BlackRock World Res Inc A P BLK Consensus 100 A M BNY Mellon Abs Eq RGBPAcc * BNY Mellon American GBP Inc U BNY Mellon Evol Gbl AlpHGBPAcc * P BNY Mellon LgTerm Gl Eq B£Inc * M BNY Mellon LgTerm Gl Eq £Inc M BNYMellon Glb Strat Bond £ Inc F British Life Unit Trust A BW Global Markets 1 B I BW Global Markets 2 B J BW Global Markets 3 B J BW Global Markets 4 B K BW Global Markets 5 B L Carmignac Cap Plus I GBP acc * Carmignac Comm I GBP acc * P Carmignac Em Dsc I GBP acc * O Carmignac Em Pat I GBP acc * L Carmignac Emergents I GBP acc * O Carmignac Global Bd I GBP acc * N Carmignac Grande Eu I GBP acc * V2 Carmignac Investismnt I GBPacc * M Carmignac Mkt Neut I GBP acc * P Carmignac Patrimoine I GBP acc * L Castleton Growth Inc J Cavendish AIM Retail C Cavendish Asia Pac T Cavendish Euro V Cavendish Japan R Cavendish North Am U Cavendish Opportunities Retail A Cavendish Tech Q Cavendish UK Bal Inc H Cavendish UK Select Retail A Cavendish Worldwide Retail L Cazenove Abs UK Dyn P1 GBP Cazenove Diversity Inc A J Cazenove European B V Cazenove European Income B V Cazenove Managed Portfol B K

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

146.4 1.1 266.6 0.0 12784.0 0.6 610.6 2.5 7331.0 2.4 105.8 0.1 980.0 6047.0 2.1 552.2 0.1 1055.0 4.5 219.4 0.5 2064.0 1.7 883.4 1.8 494.5 0.6 1930.0 159.3 1247.0 0.3 118.8 0.6 320.7 0.4 715.0 5.7 49118.0 0.6 1739.0 2.2 241.5 2651.2 1.2 1173.0 1.8 141.6 0.4 247.5 1.6 3620.4 0.3 135.5 0.9 150.8 2.5 119.4 3.5 119.6 3.1 108.2 2.5 131.5 1.8 103.8 1.1 133.7 1.6 128.9 1.2 170.7 1.5 112.5 2.1 105.0 0.9 206.6 2.7 153.4 3.1 134.9 1.8 123.6 0.6 1906.6 1.6 23938.0 0.8 14705.0 1.3 20895.0 0.2 9962.0 2.1 134.9 4.0 117.7 3.3 235.6 0.2 1716.0 7161.0 3478.0 1273.0 3021.0 676.0 0.5 4371.0 451.0 3915.0 1102.0 1463.0 2477.0 0.8 105.1 0.3 131.2 1.0 126.1 3.6 375.6 4.5 237.2 0.0 119.2 1.0 146.1 1.8 106.8 119.8 3.8 1253.0 0.5 99.9 3.6 308.6 0.5 117.0 319.1 0.5 160.3 1.7 158.8 1.9 113.0 0.2 123.3 674.1 162.9 1.6 366.6 1.7 114.4 139.3 1.2 1455.0 2.6 119.6 2.0 345.8 3.9 532.5 0.1 1784.0 0.9 608.6 0.1 543.7 86.1 2.9 119.5 111.6 130.9 8830.0 1.2 0.4 153.8 0.3 115.8 2.2 499.9 3.1 103.4 105.5 108.4 108.2 108.3 532238.0 5835.0 8775.0 9269.0 8713.0 10575.0 9171.0 9436.0 8920.0 9654.0 103.5 116.4 153.9 0.5 131.2 0.6 145.4 0.3 151.3 839.1 0.8 197.5 122.8 4.3 138.8 1.4 272.5 138.0 120.1 2.8 483.8 1.2 131.8 2.1 198.8 0.2

95.7 97.1 91.1 95.2 94.1 91.0 94.1 93.8 91.2 96.2 92.2 98.0 95.3 96.3 92.1 95.2 90.4 97.8 96.8 97.2 92.2 98.1 92.3 90.0 94.8 96.7 96.7 97.5 95.6 95.3 96.8 96.0 92.9 97.1 95.8 103.6 96.4 97.2 97.2 99.2 94.5 95.1 97.4 97.5 93.1 94.4 96.9 97.6 97.5 94.7 94.7 94.1 93.4 93.3 95.4 92.2 101.9 103.8 89.0 96.0 97.6 95.7 95.7 84.7 99.6 96.2 95.5 96.3 100.0 97.2 96.9 97.4 97.2 96.3 95.3 91.7 101.7 97.1 98.3 96.1 97.0 97.5 78.2 97.3 96.2 99.5 96.0 95.6 95.8 96.0 96.9 95.8 96.0 97.6 92.9 96.8 101.0 97.0 99.1 97.3 97.0 96.9 95.6 98.1 97.1 96.7 96.2 95.9 99.1 94.9 93.0 91.6 92.2 96.2 94.2 95.9 99.9 96.0 96.9 98.3 91.5 96.3 99.4 95.5 95.9 95.2 96.1 95.1 95.0 100.3 98.0 96.6 96.9 97.0

112.2 126.6 67 148.7 83 167.3 29 4 ✓ 121.4 123.0 57 145.0 64 2 4 112.7 123.9 21 148.0 9 4 4 100.4 102.5 48 98.7 110.0 83 127.1 26 1 1 98.0 108.4 26 97.1 22 2 1 96.0 100.9 117 96.0 110.3 78 96.7 108 2 1 99.8 110.3 61 114.8 53 173.5 40 3 2 92.3 100.3 64 107.7 61 1 1 92.0 102.5 52 92.3 43 2 1 115.1 136.1 2 157.3 5 199.5 3 ✓ 2 112.0 133.0 32 138.4 32 128.0 55 3 1 113.4 138.4 3 149.5 8 187.7 10 ✓ 2 91.8 101.8 54 92.0 44 161.9 16 2 1 106.6 110.9 76 125.9 29 2 3 87.9 91.0 181 84.0 137 3 1 100.8 100.7 61 108.5 57 161.1 28 3 ✓ 112.0 115.3 195 130.9 130 153.6 43 2 4 4 164.3 1 3 3 100.5 109.0 18 129.2 97.1 104.6 32 92.5 31 1 1 100.6 100.2 65 109.8 51 166.2 21 3 4 91.5 101.3 141 114.4 58 138.6 33 ✓ 2 92.2 98.8 161 92.0 122 163.3 22 3 1 121.6 134.5 8 133.4 21 4 4 103.2 105.8 125 117.7 84 2 ✓ 105.9 111.4 114 125.0 81 133.3 40 2 2 100.2 108.0 95 92.0 123 1 1 105.8 113.1 98 125.6 76 133.0 41 3 1 110.2 129.7 64 130.0 64 134.5 41 2 2 100.0 109.0 9 119.6 34 98.6 106.4 43 119.6 35 95.6 105.9 37 105.9 29 4 2 109.2 117.1 10 102.2 103.8 3 122.7 124.4 26 126.0 25 110.4 20 3 2 113.3 129.9 47 121.2 123.5 53 156.6 23 176.2 9 ✓ ✓ 101.9 104.3 41 100.1 97.2 83 101.2 113.3 35 130.5 14 191.3 29 4 3 108.6 118.2 159 142.3 132 140.6 83 3 4 96.8 97.3 6 114.7 6 140.6 5 3 ✓ 122.9 123.8 47 105.2 114.3 82 125.9 68 139.6 31 2 2 105.6 115.0 197 126.0 157 167.8 22 ✓ 4 112.0 122.6 94 129.6 67 133.5 42 1 3 118.0 122.3 108 132.6 122 124.1 117 3 ✓ 115.0 119.9 14 140.1 6 128.5 4 4 ✓ 101.2 104.6 2 133.7 1 163.1 3 93.0 94.1 176 124.1 34 147.2 27 ✓ 2 98.4 107.3 29 102.1 34 149.9 20 2 1 104.2 120.1 8 112.6 55 166.3 44 2 2 95.3 104.1 121 99.0 103 114.0 51 2 1 115.4 134.4 2 151.0 10 137.7 13 ✓ 2 94.6 108.8 89 77.7 143 153.7 24 2 1 131.1 134.2 2 134.3 4 99.2 3 4 2 128.3 130.9 8 125.6 28 97.0 29 3 2 90.2 95.1 170 86.1 134 173.5 18 2 1 115.0 120.3 34 96.6 110 87.2 66 1 2 127.2 129.9 10 152.2 35 156.0 34 4 4 98.9 104.4 119 135.1 19 2 2 112.4 108.9 87 113.7 60 115.5 50 4 1 69.5 73.1 188 66.2 149 93.5 65 2 1 100.9 103.7 53 107.9 114.5 79 124.5 72 129.3 55 1 4 105.6 112.7 102 125.0 82 129.1 50 2 2 104.4 110.5 125 128.2 49 138.0 25 4 3 6 100.0 100.0 9 100.4 11 111.5 101.7 106.7 116 114.3 100 123.1 43 4 ✓ 106.9 113.1 99 128.1 50 138.1 24 4 3 104.1 117.7 136.3 7 112.1 131.9 44 145.2 16 178.5 6 ✓ 2 98.5 108.2 19 123.9 9 144.6 8 4 ✓ 96.2 107.4 28 110.5 17 169.8 13 4 2 103.2 105.0 46 120.1 8 1 ✓ 112.9 134.5 21 156.6 3 211.9 2 ✓ 3 101.2 100.9 59 105.2 70 153.0 32 2 4 112.5 120.8 133 143.3 40 149.4 53 ✓ 4 116.2 118.6 163 128.6 147 150.8 51 2 3 115.1 117.5 19 56.7 58.4 191 50.0 153 96.7 63 4 1 117.1 124.0 71 144.7 31 157.1 38 ✓ 4 110.9 116.5 202 131.6 221 123.7 163 1 4 97.3 96.7 72 96.1 57 119.9 19 1 ✓ 104.2 109.2 248 121.8 235 116.7 186 1 3 108.1 117.0 189 142.7 128 160.1 39 3 4 107.8 114.7 233 104.4 111.5 94 129.8 82 139.1 31 1 ✓ 111.9 130.1 25 174.5 21 178.9 15 3 ✓ 108.9 122.3 108 156.2 47 171.5 24 2 4 120.2 121.6 72 148.1 58 145.6 48 3 4 124.5 125.5 33 142.8 70 166.9 20 2 3 97.7 101.2 142 112.2 104.3 110.1 25 119.1 121.2 76 2 4 100.7 100.5 145 101.9 91 1 4 111.2 118.3 168 111.2 119.8 149 138.9 61 4 ✓ 97.8 103.1 50 110.4 50 4 ✓ 108.0 116.4 203 129.9 225 120.5 176 1 4 100.1 103.2 27 100.2 104.3 136 100.9 106.2 119 101.3 106.9 135 101.6 107.4 108 101.9 104.8 48 87.2 90.5 182 98.6 108.1 26 89.9 94.8 120 91.1 99.4 62 97.1 96.6 85 98.0 105.5 39 103.6 111.0 210 93.6 96.3 167 99.7 101.7 116 108.0 119.5 3 99.2 120 1 3 106.3 113.5 48 133.8 48 125.5 40 1 ✓ 99.7 111.5 53 115.0 52 4 3 114.0 132.9 34 123.2 85 1 1 126.1 129.6 9 129.1 19 ✓ 3 117.2 119.5 83 128.1 79 1 3 111.2 128.8 54 172.8 14 162.9 34 4 ✓ 110.7 112.5 10 138.6 9 2 2 108.7 124.8 1 144.6 4 ✓ 3 110.1 131.6 39 151.6 71 4 3 109.0 118.7 38 129.0 47 153.5 9 3 4 106.8 115.5 4 148.8 2 ✓ ✓ 106.3 113.9 20 112.0 133.7 28 130.2 62 150.8 18 2 2 114.9 136.1 8 111.1 122.4 6 134.0 16 ✓ 4

2 4 3 2 3

4 2 3 2 3 2

4 3 3 3 2 4 ✓ ✓ ✓ ✓ ✓ ✓ ✓ 3

4 4 3 3 3 3 3 2 2 2 2 1 2 2 2 3 3 3

2 2 3 3 2 3 3 2 2 2 ✓ 2 2 2 3 4

3 1 3 1 4

2 2 4 3 3 3 3 3 4 3 3 2 3 2

Return on £100 after:

Source: Lipper Sec- tor

Cazenove MM Div Tactical A L Cazenove MM Divrsty A J Cazenove MM Glo A M Cazenove MM UK Grwth A A Cazenove Mul-Man Div Bal A K Cazenove Strategic Bd B F Cazenove UK Abs Target P1 GBP Cazenove UK Corp Bd B Inc E Cazenove UK Equity Inc B Inc B Cazenove UK Grth & Inc B A Cazenove UK Opps B A Cazenove UK Smll Cos B C CF 7IM AAP Adventurous A L CF 7IM AAP Balanced A J CF 7IM AAP Mod Advent A K CF 7IM AAP Mod Cautious A I CF 7IM Adventurous A L CF 7IM Balanced A J CF 7IM Income A I CF 7IM Mod Adventurous A K CF 7IM Mod Cautious A I CF 7IM Personal Injury C I CF Absolute Caut MA A CF Adam Worldwide M CF Bentley Sterling Bal K CF Bentley Sterling Income Inc P CF Canlife Asia Pacific B T CF Canlife Bal K CF Canlife Corp Bd B Inc E CF Canlife Europn V CF Canlife General Inc A CF Canlife Gilt & Fxd Int Inc D CF Canlife Global Bond B N CF Canlife Global Eq Inc B M1 CF Canlife Global Equity B M CF Canlife Global Infra A P CF Canlife Global Res A P CF Canlife Gro A CF Canlife Japanese Gro R CF Canlife Nth Amer B U CF Canlife Total Return A P CF Canlife UK E&B Inc B Inc H CF Canlife UK Eq Inc B Inc B CF Cautela A J CF Cheviot Balanced A K CF Danske Active Growth L CF Danske Balanced K CF Danske Cautious Managed J CF Danske Income J CF Diversified A Inc I CF Dynamic A L CF Eclectica Abs Macro A USD CF Eclectica Agriculture A Net P CF FdQst Select Caut J CF Heartwood Bal Inc M Asset A K CF Heartwood Bal M Asset A K CF Heartwood Cau M Asset B J CF Heartwood Caut Inc MAsset A J CF Heartwood Def Mul Ass A I CF Heartwood Gth M Asset B L CF IM Capital Glbl Strat A L CF IM Capital UK Eqty & Bd Inc H CF JM Finn Africa A P CF JM Finn UK Ptf A B CF JMF Glbl Opps A M CF JOHIM Alternatives A P CF JOHIM Portfolio B L CF KB Capital Growth A L CF KB Catalyst Inc L CF KB Endeavour MA Bal A K CF KB Endeavour MA Csv A I CF KB Enterprise Eq Inc B CF Lacomp World M CF Lindsell Train UK Eq A CF Macq Gl Infrstrct Sec A M CF Miton Dist A Inc J CF Miton Div Gr A K CF Miton Sel Assts A M CF Miton Sp Sits Pfl A L CF Miton Strtgic Pfl A L CF Miton Total Return A CF Miton UK MC Inc A B CF Miton UK Smaller Comp A C CF Miton UK Val Opp A A CF Miton US Opportunities A U CF Morant Wright Japan A R CF Morant Wright NipponYld A R CF Odey Absolute Rtn RET GBP CF Odey Contl Europn V CF Odey Opus M CF OLIM UK Equity B CF Progress UK Smllr Cos A Inc C CF Richmond Core L CF Ruffer Bkr Stl Gold O P CF Ruffer Eq & Gen O Inc L CF Ruffer European O K CF Ruffer Japanese O L CF Ruffer Pacific O P CF Ruffer Total Return O Inc J CF Stewart Ivory Inv Mkts Inc L CF TY Global Growth A M CF TY Grth & Inc A A CF UK A CF US Accelerator Index USD P CF Walker Crips Corp Bd E CF Zenith St Andrews K CFIC Octopus UK MC Gth A C China A GBP * S China Small Cos A USD * S CI All Country Eq Xd GBP * M CI Asia Pc AC ex-Jpn Eq Xd GB * T CI Em Mar Total Opps Xd GBP * L CI Emer Markets Debt Xd GBP * N CI Emerging Asia Equity Xd GBP * T CI Emerging Markets Fd Xd GBP * O CI Euro Bond Xd GBP * N CI Europ Grth And Inc Xd GBP * V2 CI European Equity Xd GBP * V2 CI Gl Abs Inc Grower Xd GBP * L CI Gl Growth And Income Xd GBP * M CI Gl High Inc Opps Xd GBP * N CI Global Bond Xd GBP * N CI Global Equity Xd GBP * M CI Japan Equity Xd GBP * R CI US Growth And Inc Xd GBP * U Cirilium Balanced R J Cirilium Conservative R I Cirilium Dynamic R L Cirilium Moderate R K CIS Corporate Bond Income E CIS European Growth V CIS Sust Diversified A Inc • J CIS Sust Managed Gro B Inc Net • I CIS Sustainable Leaders A Inc • A

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex 94.6 94.7 0.4 96.7 97.1 0.8 116.2 0.3 138.1 4.5 119.0 58.3 3.8 146.8 3.4 234.4 2.9 344.4 1.3 246.8 0.2 116.0 1.2 121.3 1.8 120.0 1.3 120.5 2.3 164.8 0.4 162.5 1.5 136.7 3.5 173.5 0.5 153.2 2.3 120.3 2.0 108.1 0.4 646.4 1.9 150.5 0.6 97.9 2.4 829.1 0.6 128.3 1.7 199.8 3.2 207.3 1.4 321.1 1.5 45.2 2.1 97.5 1.0 119.6 1.8 490.6 0.4 97.9 101.6 472.2 1.9 48.2 0.4 682.9 0.4 96.9 218.0 2.5 385.0 2.5 142.6 0.7 117.4 0.1 111.8 118.5 125.1 127.0 1.7 112.2 0.5 124.6 0.2 100.6 13.8 106.0 0.1 150.6 0.1 106.8 2.8 115.7 0.8 120.5 1.1 105.7 2.6 105.1 0.4 129.8 1.1 117.6 1.0 98.9 5.0 84.5 0.1 176.3 3.1 254.5 1.9 98.7 130.8 0.9 156.2 1.2 124.0 1.4 122.6 111.5 1.3 136.2 3.5 111.2 213.3 2.2 127.9 1.8 89.5 5.2 189.2 1.0 236.6 198.1 291.9 117.1 143.4 4.1 109.0 99.4 102.4 230.1 0.4 212.1 2.4 245.3 658.1 0.9 3222.3 0.6 233.9 3.5 149.8 0.9 162.0 91.5 318.8 0.2 416.5 0.6 145.7 0.1 230.4 0.6 261.9 2.1 484.4 2.8 114.7 1.2 205.8 3.7 111.9 85.2 149.0 3.8 118.8 2.4 119.9 930.0 673.8 1279.0 0.7 1010.0 1.1 730.0 2.0 825.0 4.0 572.0 0.3 5255.0 1.4 953.0 1.8 1490.0 1.9 952.0 2.1 740.0 2.0 1057.0 1.0 1341.0 5.6 1029.0 1.4 1209.0 0.9 719.0 0.6 1301.0 0.6 69.2 52.7 72.4 0.3 75.4 85.8 3.3 89.4 1.9 137.1 1.6 101.6 374.6 1.3

97.7 112.3 123.8 12 135.8 21 146.0 17 4 4 98.5 107.1 113.6 24 125.1 33 149.1 4 ✓ ✓ 95.9 117.8 130.7 16 143.9 36 169.2 19 ✓ ✓ 96.2 112.2 126.7 65 146.6 95 139.3 90 4 ✓ 97.5 110.8 121.7 9 98.2 100.0 106.2 41 114.7 44 137.6 11 1 ✓ 101.4 106.6 109.4 28 118.8 10 3 ✓ 96.5 99.3 106.2 45 117.2 56 133.4 21 2 ✓ 96.6 114.3 127.6 17 169.1 4 167.9 7 ✓ ✓ 95.1 109.7 123.0 101 141.1 142 133.6 124 2 3 96.8 116.2 139.2 12 188.2 4 216.6 6 ✓ ✓ 99.9 117.3 140.2 3 216.5 1 248.8 1 ✓ ✓ 95.1 109.6 118.3 41 127.6 57 2 1 95.9 104.8 111.0 64 120.3 65 3 3 95.4 107.5 114.9 65 123.8 91 2 2 96.6 102.4 106.9 14 115.8 14 2 ✓ 95.3 110.1 119.1 33 127.8 53 127.5 57 1 ✓ 96.0 105.1 112.2 46 119.5 72 130.9 27 3 4 96.4 101.7 107.2 13 116.1 13 124.6 8 3 ✓ 95.8 108.0 116.8 36 123.4 93 132.8 42 3 2 96.7 102.8 107.8 9 115.6 15 131.7 5 2 ✓ 97.1 102.3 105.9 19 119.1 8 3 ✓ 92.7 96.5 98.8 69 93.5 58 1 2 95.6 108.5 117.4 182 139.7 59 177.4 12 ✓ ✓ 96.7 105.9 111.1 119 122.5 98 124.0 59 1 ✓ 99.3 99.2 100.4 148 102.3 88 1 ✓ 92.9 104.8 117.3 14 117.9 42 230.2 7 3 2 96.3 107.4 114.7 70 127.3 58 127.0 56 3 2 95.7 98.9 107.3 28 119.8 32 152.6 3 3 ✓ 95.5 108.3 125.6 84 124.3 83 112.6 67 1 1 94.6 107.9 115.6 219 131.0 223 119.2 181 1 4 97.3 96.4 96.5 18 109.4 22 128.2 16 1 4 80 98.5 100.0 97.7 96.9 112.9 116.6 23 96.8 114.7 121.5 117 131.8 125 157.9 35 3 4 92.9 96.2 95.4 107.1 115.2 225 133.3 213 119.4 180 2 4 100.7 123.3 128.0 13 127.5 24 118.4 12 ✓ 2 96.3 119.3 123.6 51 148.5 55 176.6 8 3 4 96.1 96.1 108.3 116.5 10 138.4 8 133.5 8 ✓ 3 96.1 110.4 118.2 66 141.3 57 130.7 44 2 ✓ 95.5 102.3 104.7 130 120.8 61 4 ✓ 95.3 107.2 116.0 47 126.2 67 4 3 96.3 107.0 117.7 50 126.7 62 118.8 62 2 ✓ 96.9 105.2 114.5 75 122.9 96 124.0 62 3 2 97.6 103.7 110.7 68 118.9 77 128.8 33 2 4 98.2 101.5 105.7 126 111.8 106 129.3 30 1 ✓ 97.7 104.9 106.3 16 111.2 21 1 ✓ 95.3 105.3 112.6 90 118.3 87 1 2 98.9 101.3 99.8 67 112.4 26 4 4 96.6 107.3 111.5 73 129.7 24 2 4 96.5 103.3 108.4 100 117.4 88 131.5 24 2 ✓ 97.8 110.2 115.7 54 125.6 75 4 4 97.0 108.6 113.6 93 123.1 95 3 4 97.7 105.9 109.5 87 119.1 75 2 ✓ 97.9 105.8 109.4 89 114.9 96 98.2 103.1 105.3 21 96.9 110.6 119.2 32 128.2 52 3 2 97.0 112.1 117.9 47 114.4 96 1 2 95.8 105.0 113.4 14 96.5 104.0 109.7 84 95.5 105.7 112.9 91 139.8 61 129.4 47 1 4 95.1 109.5 116.8 186 130.0 139 170.9 18 3 4 98.3 101.3 102.9 128 105.2 83 1 ✓ 96.5 107.6 112.0 93 134.3 24 3 ✓ 95.9 105.8 111.5 97 128.2 51 2 2 96.4 109.3 116.3 66 136.9 14 153.2 11 3 3 96.7 103.3 107.6 133 99.5 101.6 30 97.6 95.2 109.7 119.8 48 93.7 98.9 105.0 218 99.9 186 112.8 127 1 4 96.7 117.6 132.2 35 176.9 12 ✓ ✓ 96.7 109.9 112.4 208 134.4 105 4 ✓ 97.2 105.5 113.5 26 121.6 57 106.8 55 3 4 96.3 106.2 113.1 97 125.8 73 118.9 64 4 3 97.4 108.5 113.8 202 126.2 156 111.0 128 1 3 99.7 105.7 104.5 114 109.8 101 149.1 14 1 ✓ 98.0 103.2 103.7 115 108.6 102 136.7 35 1 ✓ 99.1 103.9 105.7 39 113.5 21 4 ✓ 99.4 115.5 133.9 6 98.2 104.5

98.2

98.5

102.9 124.0 120.3 50 123.4 37 122.9 8 3 2 99.5 119.9 120.5 49 140.2 5 ✓ 4 101.1 123.8 143.9 1 210.2 1 ✓ 3 98.6 116.6 137.7 5 138.4 33 166.3 9 3 3 95.1 116.5 134.6 10 138.3 65 177.5 11 4 3 97.1 110.8 126.4 20 153.9 19 157.7 15 4 ✓ 95.2 103.9 119.2 44 148.1 43 164.1 25 2 ✓ 95.8 116.6 118.9 35 127.4 59 135.5 40 1 1 75.8 43.8 44.2 194 34.7 156 56.0 72 1 1 98.2 113.0 117.8 48 136.4 16 164.1 4 4 ✓ 96.5 107.6 112.5 106 125.9 72 197.8 1 4 100.9 131.5 144.3 1 144.6 4 ✓ 3 93.8 106.2 118.9 38 111.8 63 167.4 21 2 ✓ 98.2 108.5 112.6 38 121.6 56 178.4 1 4 ✓ 96.3 110.2 116.8 60 141.1 10 ✓ ✓ 95.8 109.8 113.1 204 134.9 100 3 4 96.0 107.3 112.5 240 134.4 210 137.1 103 1 ✓ 93.6 100.7 104.1 253 117.2 238 119.0 182 1 4 99.5 118.8 123.6 23 160.3 4 ✓ 3 95.7 98.1 105.1 59 117.1 57 133.5 19 2 ✓ 96.6 107.7 116.6 39 126.9 63 4 2 99.8 109.5 119.6 43 153.5 40 1 ✓ 92.6 97.9 104.1 33 93.0 115.4 122.0 3 95.5 115.5 124.2 67 134.9 99 4 4 91.3 100.4 112.8 42 106.8 59 2 2 93.7 98.9 106.8 110 4 4 94.8 98.6 105.9 32 3 4 91.4 100.3 112.3 46 92.2 98.2 107.7 27 96.6 40 2 2 98.2 104.1 109.5 21 115.9 32 163.0 26 2 3 96.1 117.8 131.8 5 146.5 14 156.6 7 ✓ 3 95.2 111.3 127.9 17 139.0 25 130.6 18 4 3 97.1 113.0 117.3 54 97.2 116.2 122.6 100 141.5 48 3 ✓ 95.1 103.0 109.6 20 122.0 18 218.6 1 1 4 98.1 100.4 99.5 72 107.1 65 158.9 30 2 4 95.8 115.9 126.0 51 138.7 63 127.5 111 4 4 103.0 127.7 130.9 7 138.9 6 117.8 13 ✓ 2 97.2 120.5 122.4 64 146.7 62 173.2 13 3 ✓ 97.2 107.4 115.8 10 127.0 19 4 ✓ 97.7 102.8 106.1 18 96.6 110.2 120.9 24 132.5 31 ✓ 3 96.5 109.0 119.0 18 130.1 37 ✓ 3 95.0 97.7 106.8 36 116.6 59 121.4 50 2 4 94.6 108.8 124.5 88 118.4 88 118.4 64 1 2 96.8 105.8 115.7 11 134.4 5 ✓ 4 96.4 102.2 97.2 115.2 127.2 63 149.4 80 155.5 50 3 ✓

www.moneyobserver.com | August 2013

2 2 2 1 2 3 2 2 3 3 3

3 4 1 1 4 3 3 3 2

3 3 3

1 1 1 2 2 2 1 1 2 3 1 2 2 3 2 4 1 3 2 2 3 4

1 2 2 2 2 3 2

3 2 3 3 3 3 1 2 3 3 3 3 4 1 1 1 1 2 1 4 4

4 4 4 4 4 3 3 4 4 4 2 1 1

59

INVESTMENT FUNDS ALPHABETICAL How each fund has performed over five periods – plus rankingS and RATINGS

Return on £100 after:

Sec- tor

CIS Sustainable World A Inc • K CIS UK FTSE4Good Tracker Trust • A CIS UK Growth Trust A CIS UK Inc Wth Grwth Trst H CIS US Growth U City Financial Glo MStr A ACC J City Financial UK Equity A City Financial UK Sel Oppty...

A City Fnncl MManager Growth K City Fnncl MManager Income J City Fnncl Strat Global Bd N City Fnncl Strategic Glt A D Clerical Medical Balanced Man K A Clerical Medical FTSE100 Trkr • Clerical Medical Income E Clerical Medical Intl Mgd M Close Beacon Investment C Close Disc Conservat Pfl A J Close Disc Mgd Bal A K Close Discretionary BIP A E Close Discretionary BP A K Close Discretionary GP A L Close Discretionry TS PB A K Close Discretionry TS PG A L Close Discretnry MC A J Close Discretnry MD Inc A J Close Discretnry Mgd Gr A L Close Discretnry TS PC A J Close Discrtny DI Pfl A J Q Close FTSE TechMark • Close Special Situations C Commerzbank Skandia Shield GBP * X2 Consistent Unit Trust Inc P Courtiers Total Return Growth L Courtiers TR Balanced Risk K Courtiers TR Cautious Risk J DB PWM Div Cons Port A Inc J DB PWM Div Core Port A K DB PWM Div Enh Inc Port A Inc J DB PWM Div Growth Port A L DB PWM Dynamic Multi Ass A Inc J DB PWM Max Grwth Portfl A Inc L DGT-Consumer GBP R * M Digital Stars Europe Ex-UK GBP * V Digital Stars Europe GBP * V2 Dimensional EmMkts Core Eq O Dimensional Gbl Sh Dtd Bd N Dimensional Int’l Val M Dimensional Intl Core Eq M Dimensional UK Core Eq A Dimensional UK Small Co C Dimensional UK Val A Disc Mgd Grth A GBP L Discovery Balanced A GBP J Discretionary Unit C V Ecclesiastical Amity Europn A • Ecclesiastical Amity Intl A • M F Ecclesiastical Amity Stlg Bd A • Ecclesiastical Amity UK A • A Ecclesiastical Higher Inc A K Ecclesiastical UK Eq Grth A A EFA Abs Return Portfolio B P EFA Close MAC Strategic Alpha L EFA New Horizon Cautious P EFA New Horizon Growth B Inc J EFA New Horizon High Inc N EFA New Horizon Inc and Growth A EFA OPM Diversified TR B P EFA OPM Eqty High Inc B B EFA OPM Fixed Interest B F EFA OPM Property B Z EFA OPM UK Equity B A EFA OPM Worldwide Opp B M Electric & General Inves Inc A M Elite Balanced K Elite Charteris Prm Inc R Inc B Elite Hasley Divers Port Inc P Elite Hasley MulStrat Port Inc J Elite Income Plan Cash P Elite Income Trust J Elite LWM East-West Value L Endurance Global Opportunities L Evenlode Income A B F&C Asian Alpha 2 Inc T F&C Corporate Bond 1 Inc E F&C Emerging Markets 1 O F&C Ethic Bd 1 Inc • E F&C European Growth & Inc1 V F&C Extra Income Bond 1 Inc F F&C FTSE All-Share Trkr 1 Inc • A F&C Glo Thematic Opps M F&C Global Bond 1 Inc N F&C High Income H F&C M Mgr Inv Tst 1 L F&C Managed Growth 1 L F&C Maximum Income Bond 1 Inc G F&C MM Nav Boutiques A M F&C MM Nav Distribution A J F&C MM Nav Moderate A J F&C MM Nav Progressive A K F&C MM Nav Select A L F&C North American 1 U F&C Pacific Growth 1 T F&C Stewardship Gth 1 Inc • A F&C Stewardship Income 1 Inc • B F&C Stewardship Intl 1 Inc • M F&C Strategic Bond 1 Inc F F&C UK Alpha 1 A F&C UK Equity Income 1 Inc B F&C UK Mid Cap 1 A F&C UK Property 1 Z F&C UK Smaller Cos 1 C F&C US Smaller Companies 1 Inc U1 Family Asset Trust A Family Bal International B K Family Investments Child Trust L Feeder of Prop Ptfl Stg A Inc Z FF & P Concentrated UK Equity A FF & P Core UK Equity A FF & P European All Cap Equity V FF & P Global Equities 1 M FF & P Global Equities 2 M FF & P Small Cap UK Equity C FF & P UK Equity Income P FF & P US All Cap Value Equity U FF & P US Small Cap Equity U1 FF - Asian Spc Sits A-GBP * T FF - China Focus A-GBP * S FF - China Opps A-GBP * S FF - Emerg Asia A-GBP * T FF - Europ Dyn Gth A-GBP * V2 FF - Gl Cons Ind A GBP * M FF - Gl Fin Serv A-GBP * M FF - Gl Health Care A-GBP * M

60

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

138.7 1.1 97.0 113.1 122.5 5 146.7 2 ✓ 3 164.5 1.5 95.4 108.8 118.2 160 138.1 175 121.7 171 2 ✓ 417.6 1.3 95.9 110.4 120.7 128 140.3 153 138.6 95 3 4 211.0 3.7 95.9 109.6 117.5 8 136.2 10 145.2 3 ✓ 2 116.1 97.6 126.3 131.1 6 149.0 50 146.3 46 3 3 111.4 0.5 96.5 106.1 114.7 14 118.7 78 2 4 196.7 0.4 101.4 110.3 124.9 2 134.2 4 3 3 130.1 0.2 97.3 108.9 121.7 117 395.7 0.1 96.1 105.1 111.3 117 115.6 115 115.2 66 1 ✓ 268.4 1.6 96.9 105.5 111.3 58 113.5 104 119.3 45 1 4 76 1 ✓ 155.6 0.6 98.1 98.9 100.2 66 98.2 143.9 99.9 99.3 99.1 1 98.2 23 1 ✓ 136.5 1.9 96.9 110.2 116.5 41 133.6 17 143.1 18 4 2 142.8 2.6 94.9 107.2 115.2 227 136.5 192 129.0 149 2 4 95.2 98.3 105.5 57 118.1 48 121.2 51 2 ✓ 78.5 3.8 180.1 0.6 97.4 120.5 128.3 26 153.8 7 158.0 34 ✓ ✓ 84.9 0.0 100.0 102.4 106.9 52 120.1 49 111.7 42 1 2 116.3 0.9 97.7 102.0 107.7 107 174.9 96.1 105.7 113.0 101 113.9 1.2 96.4 99.6 105.0 61 123.9 0.9 97.6 107.3 115.8 50 127.0 0.7 97.6 106.2 118.0 45 202.6 95.8 105.2 111.6 112 207.3 95.6 107.2 114.5 78 170.9 0.5 96.4 104.4 110.5 72 175.4 1.7 96.8 104.5 111.2 61 177.4 95.7 106.9 116.3 65 193.3 0.8 95.7 102.6 107.2 112 116.2 1.6 96.8 104.2 108.2 101 115.6 0.4 94.3 109.5 122.1 2 154.5 2 205.9 1 ✓ ✓ 158.0 100.0 98.5 111.2 50 103.6 51 168.9 20 1 1 105.8 95.9 101.1 104.8 3 53.7 4.2 96.1 105.1 112.6 66 137.4 14 123.6 43 ✓ 4 108.8 96.5 115.6 124.8 10 136.6 15 ✓ 4 113.9 97.1 111.8 119.4 16 132.4 25 ✓ ✓ 115.7 98.1 107.8 112.8 34 124.6 40 ✓ 4 94.4 100.5 104.4 134 113.2 105 2 ✓ 108.0 0.9 110.9 93.1 101.8 107.8 132 116.1 114 3 4 93.7 98.9 104.6 132 115.6 93 3 ✓ 103.4 3.3 112.1 92.9 102.8 110.2 101 117.9 88 2 3 103.8 0.7 93.3 99.8 103.3 143 106.9 115 1 4 120.3 0.4 95.2 109.5 119.7 30 126.2 65 129.5 53 2 ✓ 93.8 112.4 122.5 102 12021.2 17847.0 96.5 116.4 135.6 15 143.5 18 179.5 5 4 2 16749.0 95.7 110.5 126.8 24 141.5 21 168.1 5 3106.0 1.8 92.4 96.9 107.0 32 107.8 23 198.1 5 4 2 1453.0 1.1 98.8 98.8 100.7 62 109.0 54 133.9 41 ✓ ✓ 1786.0 1.4 97.0 118.0 128.1 27 134.9 101 126.3 115 2 3 1368.0 1.6 97.7 118.0 125.5 56 141.7 47 4 4 1446.0 2.4 95.3 109.0 120.4 134 146.2 101 140.1 85 1 4 2669.0 1.9 97.0 115.6 135.2 10 170.3 26 179.1 14 3 4 1854.0 2.1 94.8 108.5 126.6 66 141.6 135 113.7 189 2 2 104.1 95.2 109.1 116.8 59 119.4 85 2 ✓ 150.2 3.0 96.5 107.7 114.0 19 136.3 3 134.3 15 ✓ ✓ 1082.1 1.2 99.4 106.7 123.6 38 171.7 23 136.4 34 2 ✓ 172.6 1.7 96.4 112.2 131.6 47 127.4 76 143.6 28 1 2 203.6 1.3 94.7 111.7 122.7 96 125.4 162 189.9 8 3 4 102.8 4.5 94.8 97.1 106.2 40 117.7 36 ✓ ✓ 179.2 1.4 96.7 111.7 122.9 103 153.7 57 146.7 67 ✓ ✓ 95.2 103.6 114.0 85 132.5 23 172.4 3 ✓ 4 122.6 4.2 187.0 1.1 98.5 119.8 135.5 20 180.6 8 174.8 23 ✓ ✓ 119.1 0.6 97.0 101.1 106.2 106 108.2 75 119.1 48 4 ✓ 130.7 95.5 106.9 117.5 51 126.4 63 2 3 104.2 1.6 97.6 97.9 101.7 138 108.1 77 109.6 56 1 ✓ 108.1 97.7 105.4 109.8 82 113.5 103 110.5 53 1 4 89.1 3.1 97.7 100.9 106.2 29 113.2 38 114.8 44 2 ✓ 129.2 1.3 95.3 108.0 119.5 148 136.4 194 139.9 87 2 ✓ 96.5 95.5 97.2 102.7 129 79.9 3.5 96.2 108.9 121.6 38 130.0 81 110.0 58 2 ✓ 95.8 99.8 107.9 31 113.8 45 126.7 26 1 4 148.1 3.9 70.7 2.5 96.5 101.9 109.7 19 119.6 17 1 ✓ 111.9 0.3 96.1 105.0 115.6 218 116.0 239 103.4 198 1 4 93.2 107.6 116.3 190 101.4 124.2 2.3 96.9 110.5 124.0 69 122.2 95.2 104.1 112.1 110 122.1 101 2 3 93.1 97.4 105.1 95 125.7 84 138.2 33 1 4 115.6 4.6 92.3 98.4 99.9 100.4 146 106.1 80 1 ✓ 103.9 97.2 108.1 112.2 47 114.1 102 1 ✓ 121.3 0.5 99.9 99.9 100.1 150 100.6 97 109.7 55 95.9 104.1 112.0 50 124.6 39 125.8 38 4 4 177.2 2.1 119.9 1.0 94.3 107.3 117.3 53 115.6 93 1 3 191.6 100.0 119.2 126.9 5 132.1 34 140.3 28 2 ✓ 162.6 3.4 96.7 115.7 125.2 25 155.9 15 ✓ ✓ 1525.0 1.7 93.6 97.9 107.3 71 116.1 47 200.3 21 2 2 52.8 3.0 96.0 99.2 108.4 17 120.3 28 130.7 29 3 ✓ 91.6 93.5 104.4 44 102.2 33 160.8 17 3 2 91.0 0.4 112.7 2.9 95.8 98.0 105.6 54 118.7 45 2 ✓ 621.0 1.0 96.3 114.0 137.2 6 141.8 23 147.7 24 4 2 45.4 4.1 96.7 100.7 113.7 8 125.3 11 134.1 16 3 4 340.1 3.0 95.1 108.3 117.7 171 140.9 143 138.6 94 3 4 125.2 97.4 114.0 118.2 169 131.2 126 127.8 110 2 4 81.2 0.1 98.2 97.2 99.3 73 104.9 71 146.1 38 2 ✓ 16.8 4.2 98.1 101.6 102.5 16 105.2 14 110.3 12 1 ✓ 189.8 0.5 96.4 111.1 123.0 15 136.1 18 130.4 51 2 4 253.2 0.9 95.5 107.9 117.0 56 126.3 64 125.3 59 2 1 46.6 4.4 97.0 100.4 111.4 12 126.2 9 143.3 7 4 4 121.3 96.3 114.8 125.4 57 130.9 129 3 ✓ 127.3 5.0 97.1 105.0 113.7 23 124.9 37 4 ✓ 122.6 1.9 97.1 106.9 114.4 17 121.5 59 3 4 112.5 1.9 96.1 108.9 118.9 19 124.7 86 3 2 110.1 95.9 110.8 119.8 28 122.0 79 1 ✓ 260.5 0.0 97.0 122.4 122.9 61 147.1 60 155.3 35 2 4 266.4 0.8 94.0 99.4 108.6 67 102.3 65 149.8 50 1 2 748.4 1.4 96.1 110.9 121.4 119 141.5 138 123.7 165 3 ✓ 119.5 3.6 96.6 110.0 120.7 46 146.0 43 132.2 41 3 ✓ 289.9 0.0 97.7 117.9 123.5 80 137.1 80 146.1 63 3 4 107.4 3.3 97.9 98.9 110.6 16 121.9 21 136.6 13 2 4 2549.0 0.7 95.4 103.5 110.5 244 125.7 231 122.3 168 1 4 76.6 4.3 95.4 106.7 115.9 82 140.6 58 127.0 52 2 ✓ 100.6 1.3 97.3 113.5 131.7 38 176.8 13 195.6 10 3 ✓ 106.1 3.3 100.4 101.0 101.0 30 106.1 27 505.7 0.5 98.1 112.2 132.9 17 176.4 16 179.3 13 4 ✓ 1545.0 97.0 121.8 130.8 4 159.9 3 179.7 5 4 3 237.1 95.3 108.1 116.8 194 138.2 173 112.7 191 2 4 123.5 95.7 106.1 113.6 92 125.5 79 2 2 284.5 95.9 109.3 117.4 52 131.4 37 123.9 60 3 1 71.9 189.0 94.4 104.4 109.6 247 128.4 227 141.9 80 1 4 144.1 95.2 110.2 121.7 116 149.3 82 130.6 138 4 ✓ 290.5 96.2 115.4 129.3 67 153.0 9 238.4 1 ✓ 3 232.7 1.5 96.0 112.7 123.3 83 132.8 119 135.9 87 3 4 164.8 2.0 96.0 112.9 123.0 92 130.8 132 136.6 82 2 ✓ 231.0 99.3 115.5 137.8 5 163.2 31 157.3 29 2 4 146.0 5.7 98.3 110.0 117.2 41 136.9 16 151.3 25 1 ✓ 206.5 98.8 124.9 137.5 2 155.2 29 174.7 11 2 4 234.7 101.6 133.8 138.1 1 166.0 1 216.2 1 3 2 219.6 0.2 93.9 104.5 111.9 49 120.6 33 211.3 14 1 321.1 91.6 97.9 106.4 30 94.4 30 219.0 3 2 2 103.2 0.3 94.2 100.5 111.0 20 102.3 13 2 2 110.3 0.0 93.4 104.3 113.4 34 178.7 0.2 97.1 112.8 128.3 14 145.5 15 175.4 3 3 4 55.1 0.1 97.5 116.7 122.2 110 151.5 13 211.7 1 ✓ ✓ 37.4 0.3 94.4 117.2 135.2 9 135.5 94 121.4 118 ✓ 3 38.3 98.5 124.0 127.7 34 145.1 28 186.8 9 2 ✓

August 2013 | www.moneyobserver.com

4 3

2 2 1 1 1 1

1

3 1 ✓ 2 3 2 1 2 3 2 1

✓ ✓ 4 ✓ ✓ ✓ ✓ 1 3 4 2 3 4 2 4 3 3 2 2 1 2 1 2 1 1

3 1

3 ✓ 1 ✓ 1 3 2 1 2 ✓ 1 1 2 2 2 2 1 1 1 1 1 2 2 2 3 3 3 2 1 3 1 4 4 3 1 1 2 1 2 2 2 2 4 2 2 2 1

Return on £100 after:

As at 1 July 2013

Source: Lipper Sec- tor

FF - Gl Industrials A-GBP * M FF - Gl Infl-lnk Bond A-GBP H * N FF - Gl RA Sec A-GBP * M FF - Gl Technology A-GBP * Q FF - Gl Telecoms A-GBP * Q FF - India Focus A-GBP * P FF - Latin America A-GBP * P Fid FAST UK A-GBP * A Fid Multi Asset Alloc Strat J Fid Multi Asset Open Strategic J Fid MultiAsset Open Growth A K Fid PathFinder Focused 5 J Fid PathFinder Foundation 2 J Fid PathFinder Freedom 2 J Fidelity American U Fidelity American Spec Sits U Fidelity Cash Inc X1 Fidelity China Consumer A S Fidelity EMEA 1 P Fidelity Emerging Asia A T Fidelity Enhanced Income B Fidelity European V Fidelity European Opps A V Fidelity Extra Income F Fidelity Glbl Hi Yld A Net Inc G Fidelity Glbl Special Sits M Fidelity Global Div A GBP M1 Fidelity Global Focus M Fidelity Global Property Z Fidelity Global RA Sec A M Fidelity Gr Cash X Fidelity International M Fidelity Japan R Fidelity Japan Smaller Cos R Fidelity M-Ast Adventurous A L Fidelity MA Allctr Adventrs A L Fidelity MA Alloc Def A Gr I Fidelity MA Alloc Gr A K Fidelity MnyBlder US Idx A U Fidelity MnyBlder Wd Idx A • M Fidelity Moneybuilder Bal Inc K Fidelity Moneybuilder Cash ISA X1 Fidelity MoneyBuilder Dividend B Fidelity Moneybuilder Global M Fidelity Moneybuilder Grth Inc A Fidelity Moneybuilder Income E Fidelity Moneybuilder UKIdxAcc • A Fidelity Multi Asset Def I Fidelity Multi Asset Gth K Fidelity Multi Asset Inc Net A I Fidelity Multi Asset Strat A 1 J Fidelity PathFinder Freedom 1 I Fidelity South East Asia T Fidelity Special Sits A Fidelity Strategic Bond A Inc F Fidelity UK Growth A Fidelity UK Select A Fidelity UK Smaller Cos A C Fidelity Wealthbuilder M First State Asia Pac A £ T First State AsianPropSecsA Z First State AsiaPacLdrs A £ T First State EM Bd A Hdg N First State Gbl Agribus A M First State Gbl EM Sust A £ • O First State GblPropSecs A Z First State Glbl Opps A £ M First State GlblListdInfrAAcc M First State Glo Em Mkts A O First State Glo Res A M First State Ind Subcon A £ P First State Lat Am A GBP P First State Ww Sustnblty B M FirstState AsiaPacSus A GBP • T FirstState Gl EM LdrsA GBP O FirstState Gtr CN Gth A GBP S FirstState Wldwd EqtyA GBP M FOUR Active UK Equity C GBP * A FOUR Actv Gbl Inc & Gro C GBP * M Franklin European Gth AYdisGBP * V2 Franklin Glob Gth A acc GBP * M Franklin India A Ydis GBP * P Franklin MENA A Ydis GBP * P Franklin Mut Euro A Ydis GBP * V2 Franklin Mutual Shares A U Franklin UK Blue Chip A Inc A Franklin UK Equity Income B Franklin UK Managers Focus A Franklin UK Mid Cap A Inc A Franklin UK Select Growth A In A Franklin UK Smaller Companies C Franklin US Opps GBP A U Fundsmith R Class M GAIA CQS Crdt GBP Hedged A * P GAM Balanced Unit Trust K GAM Glbl Divers M GAM MP UK Eqty Unit Trust A GAM N Am Gth U GAM Star Asia Pac Eq GBP * T1 GAM Star Asian Eq GBP Ord * T GAM Star China Equity USD * S GAM Star Cont Eurpn Eq GBP * V GAM Star Jap Eq GBP * R GAM Star US All Cap Eq USD * U GAM Star Ww Eq GBP * M GAM UK Diversified A GLG Alpha Sel Alt DN GBP * GLG American Growth A U GLG Balanced Managed A K GLG Cash Prof C X1 GLG Continental Europe A V GLG EM Dvfd Alt DN H GBP * GLG EMCurr&FxdIncAlt DN H GBP * GLG Eupn Alpha Alt DN H GBP * GLG Global Corporate Bond A N GLG Japan CoreAlpha A R GLG Stockmarket Managed A L GLG Strategic Bond A F GLG Technology Equity A Q GLG UK Growth A A GLG UK Income A B GLG UK Select AX A Global Healthcare Fund A M Greenwich U Guinness Alternative Energy C *• M Guinness Asia Focus C * T Guinness China & Hong Kong C * S Guinness Global Energy C * M Guinness Global Equity Inc C * M1 Guinness Global Money Mgrs C * M Guinness Global Thematic Eq C * M H A Global Eq Fd R/A (USD) * M Halifax Cautious Managed C J Halifax Corporate Bond C E

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex 66.3 120.3 1.0 140.5 17.4 26.1 1.8 312.8 203.3 1.3 12286.0 108.3 28.6 2.2 43.6 0.6 105.7 100.1 100.3 2195.0 0.2 827.1 100.0 0.1 114.4 140.9 1.1 100.4 164.0 5.6 1423.0 1.6 313.9 0.5 25.1 3.4 1044.0 4.2 2004.0 0.3 129.9 1089.0 126.3 1.3 116.9 127.5 127.4 0.5 254.3 0.8 164.4 0.1 116.6 109.6 103.3 0.3 112.4 123.9 116.8 46.6 4.0 100.0 0.1 234.5 4.1 222.7 0.1 63.8 2.2 33.4 3.0 74.5 2.8 111.5 0.7 122.5 0.5 131.4 2.0 136.8 0.8 99.7 720.2 0.4 2510.0 1.1 29.9 2.4 301.8 0.3 195.2 1.0 154.2 1.1 86.0 0.2 794.5 0.6 137.6 2.4 407.7 0.7 110.2 3.8 127.4 216.8 0.4 141.3 2.6 259.2 0.0 144.1 2.9 591.0 0.4 244.6 0.3 212.4 217.4 0.7 119.3 287.5 0.7 412.4 0.7 456.9 0.8 116.5 0.4 1187.0 1127.6 1495.0 0.9 1168.0 2473.0 682.0 1506.0 1.4 162.4 0.2 383.8 1.8 196.6 3.4 152.8 0.5 396.9 0.7 297.2 1.5 628.1 0.3 201.1 155.2 9833.0 401.9 0.5 3433.6 0.9 191.3 0.7 2774.5 276.8 158.7 1197.1 294.2 9318.2 722.5 137.6 1565.2 1.0 9890.0 115.4 142.6 1.0 147.1 221.9 1.3 9126.0 10329.0 11794.0 263.0 2.0 98.0 0.5 138.2 0.7 120.1 3.2 199.2 152.7 0.8 145.2 3.7 157.8 0.9 88.3 0.3 1213.4 379.0 750.1 759.7 1094.1 1199.8 2.9 1269.7 887.7 15057.7 36.0 2.0 28.7 3.3

95.8 110.0 119.2 154 120.3 173 159.9 32 2 2 95.9 98.5 77 107.9 60 2 ✓ 97.1 94.2 104.9 114.5 199 131.1 127 2 4 95.1 116.8 119.2 4 139.2 7 175.8 7 4 3 101.2 118.1 116.3 6 142.4 4 191.3 4 4 ✓ 93.1 96.0 106.2 103 87.3 133 156.9 23 4 1 90.3 93.5 99.4 157 97.2 107 198.0 6 4 1 96.2 112.9 120.2 135 96.7 103.1 105.9 124 96.2 103.8 110.3 76 121.8 54 118.5 46 3 ✓ 95.8 105.2 112.6 103 125.9 71 123.0 63 2 2 96.3 96.7 96.2

98.4 120.4 122.3 66 144.3 66 149.1 44 2 3 97.9 125.6 131.3 5 162.3 9 4 4 100.0 100.0 100.0 7 100.6 6 111.8 5 95.1 106.9 119.1 7 96.2 101.4 115.1 48 123.9 35 ✓ 2 94.6 104.9 112.4 44 97.4 109.2 114.0 88 142.6 49 1 ✓ 95.8 110.0 125.9 82 140.2 27 134.8 40 4 2 95.5 106.2 125.1 87 123.7 84 131.6 50 1 2 96.3 99.5 108.9 27 121.2 23 145.1 3 2 ✓ 97.0 100.3 109.7 17 97.4 121.0 129.5 22 134.1 108 2 3 99.2 118.6 124.5 6 96.6 114.2 121.0 128 143.0 41 167.5 24 4 4 97.4 108.3 116.7 12 143.1 4 3 4 94.5 105.1 116.0 194 100.0 100.0 100.1 7 100.7 7 114.9 3 96.5 115.0 123.1 90 136.6 86 135.1 92 2 3 34 1 2 102.5 119.3 118.9 53 114.1 52 94.2 103.2 128.2 125.8 22 133.1 10 113.1 17 3 3 96.8 111.2

96.0 109.0 97.5 101.1 102.5 28 96.1 106.1 110.4 126 98.0 122.5 97.3 116.6 7 156.5 6 ✓ ✓ 96.6 108.0 112.3 107 138.2 100.0 100.0 100.1 6 100.7 4 114.8 2 96.3 113.7 119.2 56 152.9 24 140.0 29 4 ✓ 96.2 113.6 122.6 98 134.0 109 134.1 97 3 4 96.2 116.1 128.4 57 144.7 112 150.3 60 3 3 95.7 98.3 105.6 55 119.0 42 140.5 9 3 ✓ 95.1 108.4 117.7 170 140.4 147 137.0 105 3 4 97.5 101.4 104.1 26 109.3 23 1 ✓ 96.8 108.0 113.0 100 121.2 106 2 2 97.0 102.3 109.0 4 123.2 5 ✓ ✓ 97.1 104.8 109.3 90 117.6 85 2 4 96.9 8 3 2 93.4 100.7 110.7 58 117.6 43 229.9 96.4 116.7 135.5 19 144.9 109 160.3 38 2 3 96.4 99.0 106.4 39 120.2 24 152.7 2 4 ✓ 95.3 111.1 121.1 123 137.0 188 135.3 115 2 3 96.1 112.6 120.4 131 144.8 111 154.4 52 3 4 99.6 124.2 157.6 1 ✓ ✓ 96.3 113.8 123.3 82 136.2 87 139.4 77 4 4 93.4 102.7 116.4 19 137.5 8 260.4 4 ✓ ✓ 97.5 104.9 123.9 3 140.7 10 3 2 94.2 102.3 115.6 23 136.6 9 260.7 3 ✓ ✓ 95.9 93.6 102.6 47 95.1 105.1 112.8 205 134.8 102 4 3 94.7 103.5 119.7 2 139.6 2 ✓ ✓ 97.1 106.6 113.0 17 147.0 2 3 4 97.3 118.5 124.6 61 143.6 37 147.6 61 4 4 98.4 112.7 116.0 193 140.5 53 4 ✓ 94.8 102.1 115.0 6 136.6 5 267.3 2 ✓ ✓ 87.8 81.0 85.0 222 78.8 189 120.3 120 2 1 93.3 100.0 117.1 42 111.5 65 ✓ 2 92.6 98.6 110.3 79 131.3 22 ✓ 3 98.6 115.5 95.5 106.7 121.8 6 146.9 3 280.2 2 ✓ ✓ 97.0 102.0 113.7 10 138.2 3 270.1 1 ✓ ✓ 94.9 107.1 120.7 4 131.2 1 290.7 1 ✓ 4 97.9 112.7 118.7 162 95.8 107.5 116.2 208 134.7 209 2 4 95.9 121.3 131.4 14 97.8 116.6 134.0 3 154.7 3 ✓ 4 95.4 106.2 112.7 206 128.6 146 2 4 92.9 95.3 104.5 118 88.7 129 214.3 3 3 1 96.7 117.4 119.7 36 115.5 55 2 4 96.5 110.3 125.0 30 128.6 33 143.5 10 2 3 97.7 123.5 129.8 11 159.0 15 130.2 52 ✓ ✓ 95.4 110.3 117.1 183 145.7 105 136.2 111 3 ✓ 95.8 111.1 119.3 55 151.2 28 142.1 27 3 ✓ 98.6 120.5 133.8 22 164.7 22 ✓ 4 97.2 115.0 132.9 27 177.2 11 243.1 3 4 4 95.8 111.8 120.4 132 146.5 97 133.5 126 3 4 102.3 121.6 135.3 9 143.1 44 124.2 41 1 3 97.5 121.7 123.0 58 156.5 24 4 3 98.2 121.2 126.6 42 100.7 97.8 92.7 180 96.6 107.4 114.0 86 128.4 47 134.1 36 2 2 97.4 119.8 135.4 8 142.7 42 148.0 58 4 4 97.0 111.1 121.2 121 143.5 121 140.6 82 3 ✓ 99.4 119.8 128.8 16 162.8 5 187.9 3 4 ✓ 97.9 114.0 121.5 4 113.6 7 111.1 7 1 3 90.7 102.8 110.5 60 104.9 63 1 2 92.8 105.6 117.8 9 105.5 12 3 1 95.6 111.6 133.5 29 151.5 11 170.0 8 ✓ 3 101.2 125.3 125.5 24 111.1 54 89.3 38 1 3 97.8 119.8 125.1 38 144.2 67 2 4 97.0 111.6 122.6 101 130.2 137 144.4 69 2 4 97.0 110.5 126.9 64 153.4 59 149.2 63 ✓ ✓ 103.7 108.2 112.2 19 101.9 51 1 2 97.1 120.4 125.8 32 151.8 36 152.3 39 3 3 96.7 108.8 119.6 12 132.8 22 128.3 51 4 2 99.9 99.8 99.6 14 99.2 14 109.7 10 95.7 110.3 132.1 39 146.1 15 150.8 17 ✓ 2 100.6 99.2 102.7 56 90.1 59 1 2 100.5 97.7 97.3 71 97.8 56 1 4 98.9 104.4 109.8 26 112.3 27 3 ✓ 96.7 102.6 109.1 23 120.4 23 ✓ 4 103.4 129.8 131.2 6 123.0 39 145.8 2 2 1 96.6 110.8 122.0 17 133.8 25 126.6 58 3 4 97.7 101.1 111.0 14 95.2 108.0 113.7 9 137.6 11 169.7 8 ✓ 4 96.4 110.6 122.5 106 140.3 151 104.3 196 2 3 95.8 107.9 118.9 58 134.2 73 106.7 61 1 3 96.8 112.0 126.5 68 140.8 144 2 3 97.9 125.9 130.5 19 162.7 3 198.1 4 4 ✓ 98.2 120.5 125.8 30 162.7 6 187.3 4 ✓ 2 98.0 142.1 139.8 3 74.0 190 1 1 91.6 92.8 104.5 74 92.1 96.9 103.2 34 95.9 109.4 115.0 198 117.7 178 ✓ 1 98.7 120.6 123.0 9 94.9 125.8 146.6 1 97.0 110.7 112.3 209 96.7 119.7 127.8 33 140.0 57 151.4 49 4 4 95.6 103.2 110.7 67 124.5 41 129.3 31 4 4 96.8 99.3 107.2 29 114.7 62 117.0 53 1 ✓

3 2 2 2 3 3 2

3 3 3 1 2 2 1 3 3 3 2 3 4

✓ 3 1 3 3 ✓

4 3 2 1 2 2 3 3 1 4 3 3 4 3 3 3 4 3 3 3 4 4

3 3 4 2 3 3 2 3 2 3 2 2 3 ✓ 3 4 3 4 4 4 3 3 3 3 2 1 3 3 1 1 1 1 2 3 3 2 2 1 3 3 1

4 3

Money Observer’s 2013 Rated Funds highlighted

How each fund has performed over five periods – plus rankingS and RATINGS

Return on £100 after:

Sec- tor

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

Halifax Ethical C • M 51.9 0.1 Halifax European C V 52.6 1.5 Halifax Far Eastern C T 64.7 1.6 Halifax Fund of Inv Tst C M 67.6 0.6 Halifax Intl Growth C M 53.6 0.2 Halifax Japanese C R 39.7 1.0 Halifax North American C U 45.4 0.7 Halifax Smaller Cos C C 69.9 1.3 Halifax Special Sits C A 40.5 1.8 Halifax UK All-Sh Idx Trk C • A 48.5 2.1 Halifax UK Equity Income C B 62.9 3.6 A 44.1 2.2 Halifax UK FTSE 100 Idx Trk C • Halifax UK Growth C A 56.5 2.0 HC Caerus Glo Mth Income B J 102.3 3.1 HC Caerus Glo Opps B K 134.7 HC FCM Salamanca Gl Prop Std Z 143.4 HCMansionUKStAccmInc&GrAccAGBP Z 104.6 Henderson AllStks Cr A Net Inc E 119.8 2.6 Henderson APac CapGth A NetAcc T 669.7 0.1 Henderson Asian Div Income T 97.4 5.1 Henderson AsiaPacexJaEnhEqIAcc T 194.5 2.1 Henderson Cash Retail X 163.4 0.4 Henderson Cautious MG J 212.7 0.6 Henderson China Opps S 650.2 Henderson Crdt Alpha Y GrsAcc 918.1 Henderson EM Opps O 142.8 Henderson Emer Mrkts A NetAcc O 241.6 Henderson Eupn Abs 129.6 Henderson Eupn Focus V 166.0 Henderson Eupn Sel Opps RetAcc V 1046.0 Henderson Eupn Sm Cos A NetAcc V1 995.4 0.6 Henderson Euro Spec Sits A V 76.1 1.2 Henderson Europn Gth A V 138.5 1.2 Henderson Fixed Int Mth Inc F 21.4 4.7 Henderson GBP Bond Inc E 58.1 2.6 B 104.4 3.1 Henderson Gl Care UK Inc A Inc • Henderson Glb Eq Inc A Inc M1 44.7 3.6 Henderson Glb Growth M 1514.3 Henderson Glbl Care Gth A Inc • M 158.9 K 126.6 0.9 Henderson Glbl Care Mgd A • Henderson Glbl Fincls A £ P 261.1 1.0 Henderson Glo Strategic Cap L 160.3 Henderson Global Focus M 162.0 Henderson GT A Net Q 705.0 Henderson HF China A1 USD * S 731.9 Henderson HF EUR Corp Bd A1 * N 10705.4 2.9 Henderson HF Glo Prop Eq A1 US * Z 960.0 1.7 Henderson Idx Lk Bd A Net Inc D1 318.4 Henderson Inst Overseas Bnd A N 170.0 0.4 Henderson Int UK Gilt A Inc D 183.9 0.9 Henderson Intl A Net M 688.7 Henderson Jap Cap Gth A NetAcc R 205.8 Henderson Jap Enhd Eq AAccGBP R 130.2 0.3 Henderson LDated Cr A Net Inc E 158.6 2.7 Henderson LDated Gilt A NetInc D 149.5 1.7 Henderson MM Div A I 73.4 2.4 Henderson MMgr Active A L 153.8 Henderson MMgr Dis A Inc J 123.6 1.7 Henderson MMgr Inc&Gr A Inc J 131.4 1.3 Henderson MMgr Mgd A Inc K 199.3 0.3 Henderson Money Mrkt X 144.1 0.5 Henderson N Amer Enhd Eq A U 734.5 0.7 Henderson Pref & Bd A Net Inc F 52.1 4.7 Henderson Strat Bd A Net Inc F 123.9 4.5 Henderson UK Abs GBP R 125.7 Henderson UK Alpha GBP A 87.0 0.4 Henderson UK Eq Enhanced Tst I A 199.3 3.0 Henderson UK Eq Inc A Net Inc B 535.7 3.0 Henderson UK Eq Trckr • A 112.0 2.3 A 440.4 Henderson UK Index • Henderson UK Property Inc Z 90.3 4.2 Henderson UK Smll Cos A NetAcc C 419.3 0.8 Henderson UK Strategic Income B 10.1 4.0 A 205.1 Henderson UK Tracker • Henderson US Growth U 602.7 Hermes Asia x Jap Eq F GBP * T 113.2 Hermes Gl Emerg Mkts F GBP * O 105.7 Hermes Gl Eqs Slcn F GBP * M 115.6 Hermes Gl HiYld Bond F GBP * N 112.5 Hermes Gl Invt Grade F GBP * N 104.5 Hermes Japan Equity F GBP * R 129.9 Hermes Quant Glbl Eq F GBP * M 120.9 Hermes SC Eupn Alpha F GBP * V2 114.6 Hermes SC Europe xUK F GBP * V 118.0 Hermes UK Sm&MC Cos F GBP * C 117.5 Hermes US SMID Eqty F GBP * U1 125.4 HG Latin American R USD * P 898.9 HHF Asia-Pac Prop Eq A1 USD * Z 966.6 1.6 HHF Pan Europ Prop Eq A1 EUR * Z 1726.1 1.8 HL MM Balanced Mgd Trust A K 156.5 1.0 HL MM Equity & Bond Trust J 124.7 3.9 HL MM Inc & Gth Pfolio Trst B 130.2 3.8 HL MM Special Situations M 216.3 0.4 HL MM Strategic Bond Trust F 153.2 3.4 Hndrsn MMgr Abs 131.0 Hndrsn UK&Irish Sm Cos C 441.4 HSBC American Index Inc • U 232.1 1.4 HSBC Asian Gth Inc T 88.1 1.3 HSBC Balanced Inc K 113.8 1.2 HSBC Capital Prot 02 X2 106.5 HSBC Chinese Equity Inc S 265.0 1.1 HSBC Corporate Bd E 217.8 3.1 HSBC European Gth Inc V 524.2 0.8 HSBC European Index Inc • V 419.8 2.8 HSBC FTSE 100 Idx • A 161.6 3.3 HSBC FTSE 250 Idx Inc • A 125.8 2.6 HSBC FTSE All Share Idx Inc • A 281.1 3.2 HSBC GIF Brazil Equity AD USD * P 1681.9 1.6 HSBC GIF BRIC Mkts Eq AD USD * P 796.1 1.0 HSBC GIF Chinese Equity AD USD * S 4403.1 0.8 HSBC GIF Euroland Eq AD EUR * V 2152.0 1.8 HSBC GIF Gbl EM Loc Dbt AD USD * P 810.4 3.2 HSBC GIF Gbl Em Mkts Eq AD USD * O 897.3 0.8 HSBC GIF GEM Debt TR M1D USD * P 804.1 3.5 HSBC GIF Indian Equity AD USD * P 7971.5 HSBC GIF Latin Am Eq M1D USD * P 1026.5 1.9 HSBC GIF Russia Equity AD USD * P 382.9 HSBC Gilt & Fixed Interest Inc D 67.2 2.0 HSBC Global Growth FoF M 239.9 0.3 HSBC Growth FoF K 226.9 0.9 HSBC Income FoF J 185.0 4.0 HSBC Income Inc B 316.9 3.5 HSBC Japan Idx Inc • R 66.6 1.5 HSBC Monthly Income Inc H 137.1 3.4 HSBC Open Global Dist J 133.1 3.7 HSBC Open Global Property Z 126.6 1.7 HSBC Open Global Return J 134.5 0.5 HSBC Pacific Idx Inc • T 196.2 2.6 HSBC UK Focus A 160.4 2.1 HSBC UK Freestyle A 161.1 3.0 HSBC UK Gilt Ind Inc • D 104.7 2.8 HSBC UK Growth & Income A 106.5 2.7 Hurlingham Mgd Gro P’tfolio K 124.1

97.8 95.0 94.5 96.6 96.8 101.2 97.2 100.5 96.8 95.1 96.0 95.5 95.5 96.3 96.3 96.0 102.5 95.8 93.4 93.9 94.3 100.0 96.8 93.4 99.2 92.8 92.6 100.4 96.2 96.0 97.1 96.3 96.6 96.8 96.0 96.3 97.2 99.0 98.6 97.7 95.6 96.8 98.3 96.3 94.8 97.8 96.3 95.7 99.1 97.2 98.3 103.2 101.6 94.0 95.8 98.5 97.3 96.6 96.3 97.1 100.0 96.9 96.5 96.7 99.2 97.0 95.3 98.1 95.2 95.1 100.1 97.7 94.8 94.8 96.0 94.8 93.6 96.3 98.0 97.8 103.9 97.2 95.9 96.8 97.3 98.6 90.6 98.3 94.2 95.5 96.2 95.7 94.9 96.9 98.0 96.3 97.5 92.8 96.4 100.1 92.6 95.5 96.4 95.4 94.9 96.1 95.2 87.1 91.6 93.3 95.2 97.2 91.0 98.0 89.9 89.9 96.5 97.5 97.0 95.9 95.9 96.8 101.4 95.1 96.0 99.2 96.3 94.5 96.7 96.5 97.4 96.4 95.0

115.4 123.0 91 137.8 71 147.1 62 3 ✓ 109.8 129.4 66 128.9 70 123.7 59 2 1 99.5 111.8 50 118.6 39 3 2 110.7 120.0 146 135.8 92 135.4 91 4 ✓ 119.3 126.2 48 149.9 15 150.8 50 ✓ ✓ 122.9 122.8 37 124.0 34 106.7 23 4 2 122.5 125.8 31 156.3 26 160.2 28 ✓ ✓ 116.3 133.3 15 158.5 37 152.8 30 2 ✓ 106.5 116.8 193 126.5 229 112.9 190 1 4 108.1 117.2 180 137.9 176 129.9 144 2 4 109.3 117.4 72 131.0 77 128.6 49 1 4 107.9 115.7 215 135.2 204 123.3 166 2 4 108.5 117.6 173 137.6 181 128.1 153 2 4 100.7 106.0 121 109.0 111 1 ✓ 112.0 120.2 10 127.2 62 4 3 97.1 95.9 35 114.0 19 104.6 97.9 104.3 63 117.4 54 134.7 18 2 ✓ 99.1 111.5 52 113.4 54 181.5 34 2 2 105.9 119.9 10 130.6 13 179.9 37 ✓ 4 100.5 113.0 39 127.8 19 186.3 31 4 2 100.1 100.4 3 101.6 3 115.1 1 105.8 114.4 16 129.2 13 141.0 10 ✓ 4 104.7 115.1 12 100.3 16 207.0 7 2 1 106.2 109.7 27 115.3 15 ✓ 4 95.2 105.5 39 104.6 30 149.7 21 3 1 94.6 103.8 48 101.6 36 156.6 18 3 1 112.3 117.9 3 120.5 7 4 ✓ 112.1 132.8 35 153.6 7 133.3 43 ✓ 4 112.8 134.9 17 143.1 21 158.5 15 ✓ 3 8 1 2 112.0 123.8 12 140.1 11 139.0 114.4 134.5 20 150.7 13 ✓ 3 115.2 132.0 41 143.3 20 159.5 12 4 3 99.8 108.3 29 117.9 35 123.2 30 1 ✓ 98.0 107.2 30 122.2 15 121.8 49 4 ✓ 113.4 125.5 22 156.1 13 133.7 40 ✓ ✓ 115.8 125.8 4 3 ✓ 118.5 124.2 65 149.4 18 195.2 6 ✓ 3 117.7 126.4 46 128.0 151 147.7 60 2 3 111.5 119.4 15 133.3 19 140.2 22 4 3 116.5 137.1 4 129.5 25 113.3 52 4 2 102.6 115.7 71 122.5 77 106.6 67 2 ✓ 118.4 127.4 37 133.2 116 134.4 95 2 2 112.4 115.5 7 140.1 6 198.4 2 4 3 24 1 1 100.7 113.7 16 96.7 105.3 115.7 5 132.7 2 ✓ 3 108.7 117.6 8 139.9 11 144.6 3 3 4 101.6 103.2 5 131.0 3 163.5 2 4 99.7 96.3 86 102.0 74 152.8 33 1 3 96.4 96.8 15 113.5 10 137.4 9 2 ✓ 118.0 123.9 72 138.3 64 162.3 30 3 4 127.4 122.3 40 130.4 17 110.9 19 4 2 123.0 123.7 28 96.0 102.8 67 122.4 13 137.1 15 4 4 94.2 94.7 23 120.8 2 141.7 4 3 2 104.9 113.1 1 136.0 1 116.1 10 ✓ ✓ 112.6 122.0 18 116.6 91 122.3 61 1 4 105.5 111.9 51 119.1 74 145.9 6 3 4 105.4 111.8 52 117.2 89 144.4 8 1 4 110.2 118.3 23 121.7 103 114.6 67 1 2 100.1 100.4 5 101.3 5 113.1 6 120.7 122.1 68 151.7 37 161.2 27 4 ✓ 98.9 107.8 33 119.6 26 127.7 24 1 4 98.9 107.4 35 119.4 28 1 4 107.7 112.9 17 115.7 14 4 ✓ 102.5 109.6 246 111.0 243 101.8 199 1 2 108.8 118.8 152 143.0 127 140.0 86 3 4 113.2 130.5 9 169.9 3 148.9 22 ✓ ✓ 108.1 117.1 185 138.5 170 130.4 139 2 4 108.2 117.6 172 140.4 149 136.4 109 3 4 100.8 106.8 21 111.0 22 85.0 13 114.2 133.8 12 187.0 4 181.2 12 ✓ ✓ 106.3 119.5 51 140.5 59 100.8 63 1 4 107.1 114.8 231 135.4 202 127.4 156 2 4 123.0 121.2 75 152.8 33 181.6 6 3 3 109.7

104.2

113.3 108.1

103.0 125.4 119.1

110.9 112.6 113.8 123.6 91.6 96.0 168 92.3 121 194.3 8 2 1 110.7 132.4 1 136.8 14 163.1 1 2 2 106.6 121.4 5 142.0 8 89.2 10 3 3 108.6 119.5 14 130.0 38 135.0 33 4 3 106.8 115.6 12 132.1 12 132.9 22 ✓ ✓ 112.2 123.4 32 148.6 35 147.0 23 4 ✓ 110.7 124.5 62 137.4 73 144.6 68 ✓ ✓ 100.2 107.7 34 120.0 25 2 ✓ 102.3 105.4 43 109.2 33 3 ✓ 111.9 131.9 19 153.4 41 132.0 38 2 ✓ 123.0 124.5 45 160.2 12 165.6 24 ✓ ✓ 99.5 107.6 70 105.2 62 161.9 48 1 2 108.4 117.8 26 132.1 28 131.8 45 4 2 100.4 100.8 6 101.0 4 1 ✓ 95.9 108.5 25 94.6 29 2 1 97.9 106.2 47 117.5 53 124.0 46 2 ✓ 111.6 130.2 57 126.4 77 132.1 47 1 1 110.2 130.1 59 130.0 65 132.0 48 2 2 107.6 115.9 211 138.8 165 131.9 134 2 4 112.7 129.5 51 156.6 46 168.1 28 4 4 108.4 118.1 163 141.5 137 137.4 102 2 4 86.1 94.7 172 79.5 141 144.8 30 3 1 92.4 102.5 132 87.6 132 146.6 29 1 1 97.9 109.0 24 96.1 26 175.5 13 3 1 112.3 132.4 38 118.0 89 2 1 102.0 105.6 112 111.9 62 2 3 89.6 101.1 58 91.7 45 126.9 25 1 1 105.1 105.0 115 109.9 71 1 3 86.5 105.0 116 67.9 148 143.4 31 1 1 93.8 103.6 123 93.1 119 3 1 92.5 98.7 162 91.2 124 2 1 96.7 97.0 13 111.5 21 133.1 14 2 ✓ 113.2 123.7 75 133.7 111 144.3 70 3 4 108.0 117.4 30 127.3 59 134.0 37 3 2 104.4 112.4 44 128.1 17 133.1 21 ✓ ✓ 110.5 118.2 65 141.8 53 130.1 46 2 ✓ 123.0 124.2 27 125.3 30 107.2 21 3 2 104.8 113.6 13 133.5 11 126.6 10 4 2 103.6 111.8 53 125.7 29 ✓ ✓ 107.4 113.1 16 124.2 16 1 ✓ 104.7 110.5 74 120.2 66 3 ✓ 100.3 112.9 40 128.8 16 182.4 33 3 2 113.8 128.0 59 155.9 51 111.6 124.9 85 145.3 107 132.8 129 4 4 96.8 97.0 10 112.2 16 109.7 123.2 96 140.6 146 130.0 143 ✓ 1 105.5 113.8 90 122.2 100 127.1 54 3 2

4 3 4 4 4 3 3 3 3 3 3 3 3 3 1 1 3 4 ✓ 4 4 3 3 2 3 1 1 1 1 2 3 3 4 3 2 2 1 1

1 1 1 1 3 1 1

✓ 2 3

1 ✓ 3 4 2 1 ✓ 3 3 ✓ 3 1 2 ✓ ✓ ✓ ✓ 3 3 3 2 3 3 3 3 4 3 3 2 2 3 2 ✓ 4 2 2 1 ✓ 2 3 1

Return on £100 after:

Source: Lipper Sec- tor

IFDS Brompton Dvsd B L IFDS Brompton Glbl Gro B M IFDS Brompton Glbl Inc A Inc J IFDS Brown Shipley Stg Bd AInc E IFDS BS MM Growth A L IFDS BS MM Inc A J IFDS BS MM Int A M IFDS BS UK Flagship A Inc A IFDS Frontier MAP Caut A I IFDS Hen Ro FTSE RAFI Em Mar A O IFDS IM MA Gr A K IFDS IM Russell MA Ic A J IFDS Omnis Advanced B L IFDS Omnis Balanced B K IFDS Omnis Cautious B J IFDS Omnis Distribution B J IFDS Omnis TN Adv A L IFDS Omnis TN Bal A K IFDS Omnis TN Caut A J IFDS Prism Advanced A L IFDS Prism Capital Growth A K IFDS Prism Cautious Growth A J IFDS Prism Distribution A J IFSL Acumen Df Ptfl A IFSL Barclays RADAR A IFSL BM Cautious Gr B Inc J IFSL BM Def Capital B J IFSL BM Defensive Inc B Inc J IFSL Brooks Macd Bal B K IFSL Privalto Stab Protect X2 Ignis Abs Gov Bd £ A * Ignis American Growth Inc U Ignis Balanced Growth Inc A Ignis Cartesian UK Opps A A Ignis Corporate Bond Inc E Ignis European Growth Inc V Ignis European Small Cos I V1 Ignis Global Growth M Ignis High Income Bond A Inc G Ignis Intl Cart Enhd Alp ADis£ * A Ignis Intl China GBP A Dis * S Ignis Japan Tracker Inc • R Ignis Managed Portfolio Inc K Ignis Managed Trust K Ignis MM Balanced A P Ignis MM Cautious A P Ignis MM Growth A P Ignis Pacific Growth T Ignis Smaller Companies C Ignis UK Enhanced Income A B Ignis UK Equity Income Inc B Ignis UK Focus A Ignis UK Property Z Ilex L IM Argonaut Eupn Alpha £ A V IM Argonaut Eupn Inc £ A V IM Argonaut EupnAbsRtn £ A IM Argonaut EupnEnhInc £ A V IM Dist Div Real J IM HEXAM Glo Emer Mkt A O IM Matterley Equity A IM Matterley Intl Gro Ptfl M IM Matterley Reg Hi Income I IM Matterley UK & Intl Gro M IM Matterley Undval Assets A IM Octopus Alt Strategies A IM Octopus Em Mkt Eq A O IM Octopus Fixed Income A N IM Octopus Global Strat A IM Octopus Int Equity A M IM Octopus UK Equity A A IM Russell Int Gro Ass A M IM Russell Real Assets A P IM Russell UK Gro Ass A A IM SCDavies GblFixdInc Stg N IM SCDavies Gl Alt GBP A P IM SCDavies Glo Eq GBP M IM Vinculum Global Equit A GBP M M IM WHEB Sustainability A • India A GBP * P Insight - Abs UK Eq Mk N B4... * Insight Abs Credit B1p £ * Insight Abs UK Eq Mk N B1p GBP * Insight Abs UK Eq Mk N B1p USD * Insight Eq Inc Strlng Inc Sh B Insight Eq Incme Booster W Net B Insight Gl Abs Inc Sh Insight Glbl MultiStrat Ad J Insight InflationLinkd Corp Bn E Insight Strat Bnd Strlng F Insight-Abs Currency B1p Stlg * Invesco Asia Cnsmr Demnd A Dis * T Invesco Asia Infstruct A Dist * P Invesco Em Mrkts Bd USD A * N Invesco Gilt A * D Invesco Gl Health Care A * P Invesco Global Tech A * Q Invesco India Equity A Dist * P Invesco Korean Equity A * P Invesco PRC Equity A * S Investec American A Net GB U Investec Asia ex Japan A N T Investec Cap A Net GBP P Investec Caut Mgd A Net £ J Investec Diversified Inc A A J Investec Dvsfd Gro A Inc Net £ K Investec EM Blnd Dbt A Net N Investec EM Eqty A Net GBP O Investec EM LC Dbt A£Inc Net £ N Investec EnhncedNatRsrcs AGBP P Investec Glbl FE A GBP Net M Investec Glo Bd A Inc Net GBP N Investec Glo Franch A Net M Investec Global Dynamic A M Investec Global Energy A N P Investec Global Equity A N M Investec Global Gold A Net P Investec Global Spcl Sits A M Investec GSF Euro Money A Inc * P Investec GSF Glo Franch AInGr$ * M Investec GSF Glo Nat Res AInGr * P Investec GSF Glo Str Inc A Inc * N Investec GSF Glo Str Man A Inc * L Investec GSF I Grd Crp Bd AI£H * E Investec GSF Mgd Curr A Inc * P Investec GSF Stlg Money A Inc * X1 Investec GSF USD Money A Inc * P Investec Managed Growth A L Investec MAP 2 I Net X2 Investec MAP A Net X2 Investec Monthly High Inc A In G Investec SB A Inc Net GBP F Investec Target AAcc Net £ P

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex 109.3 96.0 109.4 101.3 4.4 198.8 0.7 178.8 3.6 188.3 0.2 146.7 2.2 9831.0 103.2 104.8 103.3 134.0 0.7 141.3 1.2 144.2 1.6 161.5 4.0 185.1 173.8 157.1 165.5 163.0 147.4 111.8 101.0 9991.0 107.4 0.3 160.5 106.0 0.7 150.3 0.1 102.0 113.8 251.0 0.0 228.2 1.7 140.7 0.3 98.2 3.8 364.5 1.2 141.2 0.8 278.5 0.5 83.6 4.4 131.5 80.3 55.5 1.1 84.3 1.2 59.3 1.9 100.7 96.9 1.1 103.4 492.4 0.7 648.8 0.2 118.1 6.0 75.1 4.7 153.4 0.1 120.3 3.0 141.7 237.5 148.0 135.9 115.1 116.6 112.5 0.8 177.9 2.3 128.0 138.1 5.0 166.7 2.2 82.7 1.5 105.7 104.0 0.1 115.4 0.8 105.6 142.6 0.1 150.7 0.7 132.8 121.1 0.5 135.4 10543.7 2.2 9723.4 12246.6 0.6 118.1 1.5 117.4 824.0 86.2 192.3 120.5 68.7 148.0 3.4 134.0 7.7 98.2 100.4 99.1 100.0 107.2 807.7 0.3 838.0 1.2 1374.7 4.6 1367.0 1.9 6135.7 770.8 2272.0 1427.4 3029.6 182.0 355.8 0.7 196.9 355.8 0.9 259.7 3.5 123.7 0.6 100.2 103.6 127.5 5.3 104.7 492.5 0.4 94.8 1.5 115.5 91.0 0.6 235.7 0.3 95.7 0.4 97.7 144.8 1.4 2234.7 2238.4 0.3 580.2 1318.0 3.7 2966.3 0.2 2137.0 3.9 2265.4 996.1 0.1 1322.2 0.1 149.7 0.2 107.4 135.3 0.4 71.7 5.5 121.7 3.0 109.4 1.4

96.1 107.3 97.0 96.4 106.0

97.0 101.5 113.5 1 116.6 58 132.4 24 1 ✓ 95.2 108.1 116.4 64 124.3 73 129.3 54 3 2 96.1 104.4 113.7 22 125.0 35 123.6 42 4 4 95.6 111.2 117.5 179 120.2 174 128.2 109 1 4 97.0 107.4 111.5 243 129.9 226 135.2 116 1 ✓ 97.1 97.6 101.2 31 91.9 91.4 101.4 56 96.3 104.1

96.3 101.7 96.2 109.5 118.1 44 130.9 38 3 ✓ 96.4 107.9 116.2 44 130.1 36 4 3 97.0 104.7 110.9 66 122.2 51 3 ✓ 97.0 105.4 112.9 31 128.6 16 ✓ 4 95.3 108.5 118.8 36 136.0 19 4 ✓ 95.5 106.8 116.4 42 132.2 27 4 2 95.9 103.8 111.7 54 125.0 36 4 4 96.2 108.8 116.8 62 128.5 50 3 2 96.4 107.2 114.9 63 127.6 53 4 3 96.9 104.2 110.0 80 120.2 67 2 ✓ 96.7 104.8 112.4 45 97.9 101.8 104.4 50 101.7 52 2 ✓ 100.3 102.9 101.2 63 97.0 105.3 110.5 73 123.9 45 111.7 51 3 3 98.3 104.0 109.1 93 124.2 44 97.0 101.8 106.1 120 120.5 63 123.8 41 2 ✓ 96.0 106.1 113.8 91 124.5 87 127.8 52 4 4 98.1 99.4 99.1 7 99.2 5 1 ✓ 101.1 101.8 104.8 47 96.5 118.7 122.1 67 153.9 30 168.0 17 4 4 96.0 108.4 116.4 204 136.1 199 120.6 174 2 3 96.6 108.3 115.5 221 136.1 198 127.8 155 2 ✓ 95.9 98.4 107.9 21 122.8 12 125.4 40 4 ✓ 97.5 115.1 134.0 24 135.4 44 131.9 49 3 2 101.1 123.4 141.7 1 165.1 3 4 2 96.7 112.5 128.1 28 128.5 149 126.4 113 2 2 96.6 100.7 112.6 8 123.3 13 136.9 15 3 4 94.7 104.0 108.6 249 145.6 106 2 ✓ 92.2 105.4 114.7 14 98.3 20 3 2 101.3 122.5 123.2 35 123.6 35 92.5 37 4 2 97.4 107.4 113.9 89 126.0 69 124.0 60 2 2 96.4 108.3 117.5 29 129.1 44 124.2 58 3 1 96.8 106.1 111.5 72 117.6 52 2 4 97.8 102.8 106.2 105 109.3 72 1 ✓ 96.1 109.2 117.0 43 123.4 37 1 3 92.8 101.2 111.7 51 118.5 40 179.5 38 3 3 98.5 114.8 131.1 23 154.6 39 160.6 27 1 4 95.7 105.8 112.5 93 96.3 106.0 118.0 67 139.0 66 127.4 51 1 4 96.3 103.8 102.0 255 106.6 244 117.8 183 1 1 100.3 101.6 102.0 27 108.4 24 93.7 8 97.2 81.1 84.0 121 98.5 104 109.3 66 ✓ 3 98.0 114.3

97.4 115.1

103.5 113.3

97.2 109.2

94.6 100.6 103.7 141 111.4 108 1 4 88.8 84.4 93.7 63 70.2 48 1 1 96.1 109.4 118.8 153 156.0 49 185.0 17 ✓ ✓ 95.5 109.6 117.4 180 121.7 172 139.1 78 2 2 96.6 101.4 108.5 8 123.2 4 138.9 3 ✓ ✓ 95.2 111.3 118.2 171 137.1 79 96.7 109.8 126.3 70 158.5 39 ✓ 4 99.3 101.7 102.0 59 102.2 49 1 ✓ 91.8 95.7 106.2 35 97.9 98.6 101.4 55 107.6 62 2 ✓ 97.8 102.2 103.5 54 95.7 111.8 120.9 131 130.9 128 2 4 95.0 109.0 123.8 93 146.2 102 4 ✓ 96.1 113.6 127.8 31 140.4 54 ✓ 3 96.1 102.6 106.5 101 119.8 47 2 3 95.3 110.9 124.0 92 145.1 108 4 4 97.3 99.1 102.9 46 97.0 97.8 99.4 156 95.6 113.6 125.5 55 96.9 109.2 116.9 185 96.7 113.1 120.2 142 107.9 182 1 2 89.0 96.0 105.5 113 100.9

100.5 103.1 111.5 21 134.9 3 ✓ ✓ 100.7 102.5 105.6 41 109.6 32 4 ✓ 100.6 109.7

96.0 111.7 121.3 43 146.5 41 136.3 39 4 4 97.0 105.9 117.1 77 139.1 65 2 ✓ 97.3

96.2 95.8 97.2 100.3 104.1 102.5 57 104.2 46 ✓ ✓ 93.8 105.5 118.1 13 119.4 36 3 3 94.3 99.7 107.7 97 107.2 78 170.8 19 1 2 93.3 97.9 105.5 36 122.2 16 199.8 4 ✓ ✓ 97.2 96.5 97.1 8 114.1 8 142.2 2 2 4 97.0 127.0 129.2 12 154.3 7 184.1 13 3 ✓ 97.6 114.5 112.5 11 131.6 13 141.0 10 2 2 93.3 97.4 110.3 80 89.0 128 4 1 93.8 100.1 104.8 117 114.5 57 170.1 20 ✓ 3 92.1 106.3 119.3 6 99.4 17 208.1 6 4 1 97.5 121.8 123.6 52 120.9 80 133.1 50 1 1 94.2 101.4 113.5 32 126.8 22 228.2 9 4 3 98.6 107.4 114.5 52 122.3 41 130.2 40 1 ✓ 97.2 105.6 112.5 41 126.8 21 144.3 9 3 4 97.4 103.8 108.6 96 120.4 64 132.4 23 4 ✓ 97.6 107.5 114.3 80 129.1 42 4 4 95.5 98.1

93.2 99.1 94.9 97.0 103.3 43 108.3 58 4 1 93.0 94.9 94.4 174 90.6 125 2 3 95.8 116.3 126.0 50 143.9 35 136.5 83 4 3 98.8 101.0 99.7 69 105.2 69 167.9 20 2 4 97.5 115.6 95.4 113.8 123.5 79 144.5 33 4 3 94.2 107.4 113.5 60 110.4 68 129.1 42 4 1 96.6 115.5 123.6 78 141.7 46 148.9 57 4 3 77.7 59.4 60.8 190 51.9 151 98.7 62 ✓ 1 97.0 115.1 119.9 148 126.4 155 2 ✓ 100.2 105.6 105.8 111 105.1 84 137.1 34 98.1 115.0 117.4 181 149.4 19 ✓ ✓ 92.4 91.2 93.4 178 93.1 118 4 1 98.1 102.8 103.8 42 110.4 48 179.2 14 3 4 98.1 111.7 116.2 68 126.1 66 154.2 7 3 3 97.8 98.7 103.3 66 111.9 67 1 ✓ 99.5 104.9 102.4 133 96.6 109 132.2 38 100.0 100.0 100.0 10 100.5 8 113.7 3 100.0 107.2 103.5 125 99.0 102 135.2 36 96.9 111.6 123.4 14 135.9 20 132.7 46 4 2 96.2 104.3

96.0 104.1 108.3 2 110.8 1 1 4 97.8 98.8 107.4 21 119.8 18 142.2 9 2 3 98.0 97.7 100.0 56 109.3 52 129.4 20 1 ✓ 99.5 99.5 100.6 144 98.0 104 109.4 57 1 ✓

www.moneyobserver.com | August 2013

2 1 1 1

4 4 4 ✓ 2 4 3 2 1 2

1 1 1 3 3 1 1 3 4 3 2 1 ✓ 4 1 2 1 4 2 2 3 4

2 2 4 1 1 1 1 3 2 1

4

4 2 2 4 3 1 3 2 2 1 3 3 3 4 3 2 3 3 3 3 3 4 3 2 3 2 2 1

4 2 3 2 2

61

INVESTMENT FUNDS ALPHABETICAL How each fund has performed over five periods – plus rankingS and RATINGS

Return on £100 after:

Sec- tor

Investec UK Alpha A Net £ A Investec UK BlueChip AAcc Net£ A Investec UK Sm Comp AAcc Net £ C Investec UK SS A £ Net £ A InvestecGSFAfricaOppAAccGrsUSD * P InvPerp Asian T InvPerp Asian Eq Income T InvPerp Bal Risk 10 P InvPerp Bal Risk 6 P InvPerp Bal Risk 8 P InvPerp Childrens A InvPerp Corp Bond E InvPerp Distribution J InvPerp Emg Cntries O InvPerp Emg European P InvPerp Eurpn Eq Income V InvPerp Eurpn Equity V InvPerp Eurpn Hi Income J InvPerp Eurpn Hi Yld G InvPerp Eurpn Opps V InvPerp Eurpn Sm Cos V1 InvPerp Glb Fncl Cap P InvPerp Global Bond Inc N InvPerp Global Eq M InvPerp Global Eq Inc M1 InvPerp Global Opps M InvPerp Global SmCos M InvPerp High Income Inc B InvPerp HK & China S InvPerp Income & Gth Inc B InvPerp Income Inc B InvPerp Japan R InvPerp Jpn Sm Cos R1 InvPerp Latin Amer P InvPerp Mngd Growth L InvPerp Mngd Income Inc K InvPerp Money X InvPerp Mthly Inc+ Inc F InvPerp Pacific T1 InvPerp Tactl Bond F InvPerp UK Aggressive A InvPerp UK Growth A InvPerp UK SmCos Eq C InvPerp UK Strat Inc NoTrl Inc B InvPerp US Equity U Janus US AllCap Gwth A USD Dis * U Janus US Twenty A USD Dis * U JOHCM All Euro Dyn Gro B GBP * V2 JOHCM Asia ex Japan B GBP Inc * T JOHCM Asia ex Jp S & MC B GBP * T JOHCM Contl Eurpn B GBP * V JOHCM Emerging Markets B GBP * O JOHCM Europn B GBP * V2 JOHCM Europn Sel Val B GBP * V2 JOHCM GEM Opp B GBP * O JOHCM Global Opps GBP B Inc * M JOHCM Global Select B GBP * M JOHCM Japan B GBP * R JOHCM UK Dynamic B A JOHCM UK Eq Inc GBP B B JOHCM UK Gwth B GBP * A JOHCM UK Opps B GBP A JPM Africa Equity A Dis GBP * P JPM Amer Eq A Dis USD * U JPM Asia A T JPM Blncd Tot Rtrn A K JPM Brazil Equity A Dis USD * P JPM Caut TR A J JPM Em Markets Income A O JPM Em Mid East Eq A Dst USD * P JPM Em Mkts A O JPM Em Mkts Infra A O JPM EM SmCap A Dis GBP * O JPM Eu Recovery A Dis EUR * V2 JPM Eu Strat Gth A Dis GBP * V2 JPM Eu Strat Value A Dis GBP * V2 JPM Europe Eq+ A Dis GBP * V2 JPM Europe Sel Eq+ A Dis GBP * V2 JPM Eurp A V JPM Eurp Dyn ex-UK A V JPM Eurp Smllr Cos A V1 JPM Gbl Cons Trends A M JPM Gl Cnv EUR A Dis GBP H * P JPM Gl Dynamic A Dis GBP * M JPM Gl Eq Abs Alpha A Net JPM Gl Eq Inc A GBP Hgd Nt M1 JPM Glbl ex-UK Bd A Inc N JPM Glbl Financials A P JPM Glbl Prop Secs A Z JPM Global Equity A M JPM Global High Yield Bd A Inc G JPM Global Mining A P JPM Jap A R JPM Jap Behav Fin Eq A Dis USD * R JPM Japan Focus A Dis JPY * R JPM Japan Select Eq A Dis JPY * R JPM Lat Am Eq A Dis USD * P JPM Mlt-Asst Macro A Net JPM Multi-Asset Inc A J JPM Multi-Manager Growth A Inc M JPM Nat Rsrcs A P JPM New Europe A P JPM Prtfl A L JPM Russia A Dis USD * P JPM Sterling Corp Bond A Inc E JPM Sterling Liq Agency Dis * X1 JPM Strategic Bond A Net F JPM Turkey Eq A Dis EUR * P JPM UK Dynamic A A JPM UK Eq & Bd Inc A H JPM UK Equity A Net A JPM UK Focus A A JPM UK Higher Income A Inc B JPM UK Managed Equity A A JPM UK Smllr Cos A C JPM UK Strategic Eq Inc A Inc A JPM UK Strategic Growth A A JPM US A U JPM US Equity Income A U JPM US Select A U JPM US Select Eq+ A Dis GBP * U JPM US Smllr Cos A U1 JPMrgn AsPacExJpnEq A Dis GBP * T JPMrgn Global Focus A Dis USD * M JPMrgn Greater China A Dis USD * S JPMrgn Hong Kong A Dis USD * S JPMrgn India A Dis USD * P JPMrgn Korea Eq A Dis USD * P JPMrgn Pacific Eq A Dis GBP * T1 Junior Gold P Junior Oils P Jupiter Asian T Jupiter Cash X1

62

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

1537.9 1.3 670.6 1.8 2542.7 940.4 1143.3 398.3 0.7 57.0 3.5 50.6 49.9 50.2 328.4 1.9 167.4 3.6 99.1 4.2 234.3 0.8 42.5 0.6 57.9 3.1 646.3 1.7 71.3 3.3 97.4 4.4 65.2 0.3 135.9 0.7 73.0 5.0 81.7 1.2 402.9 1.0 102.9 2.6 80.0 1.0 1403.8 0.4 390.1 3.1 376.9 0.9 373.1 3.3 1512.9 3.2 281.9 0.2 62.9 164.0 1.3 136.9 0.9 88.8 2.8 89.7 0.4 108.7 4.7 868.9 0.5 64.2 3.2 166.1 1.2 452.4 1.9 623.5 0.9 448.2 3.2 441.1 0.4 686.4 735.1 112.2 141.1 141.9 265.3 1.0 102.8 1.6 231.7 1.1 337.1 0.8 85.9 0.1 123.1 158.2 2.2 168.8 178.2 232.5 4.1 218.4 2.5 189.7 2.9 762.0 1.3 7159.6 113.6 0.5 59.5 1.9 496.5 1.8 58.9 1.0 55.3 1529.0 1.1 151.2 0.4 69.0 622.0 0.5 7050.1 1.5 1444.0 0.6 1502.0 1.8 807.0 1.6 660.0 1.3 857.2 1.5 126.7 1.0 351.6 0.5 79.5 0.5 1212.0 3.6 1462.0 0.3 49.2 56.2 3.7 184.3 1.1 633.8 0.8 48.5 1.1 802.3 0.6 40.4 5.3 23.1 229.6 0.2 5227.8 0.8 9441.7 0.6 4159.0 0.3 3385.6 1.1 51.7 76.6 4.3 560.7 0.4 530.5 193.9 1.7 164.9 1.3 704.2 1.2 48.0 2.2 100.0 0.2 65.8 1800.7 127.7 1.1 119.9 3.5 383.4 1.7 64.9 1.6 492.1 3.5 57.7 2.2 292.5 0.5 89.4 3.6 89.2 1.4 552.4 0.2 97.5 2.3 84.3 0.1 848.0 325.3 1776.0 0.7 980.4 0.4 1793.4 0.8 2958.4 1.1 4279.7 623.1 0.1 1432.0 0.6 35.5 141.4 591.3 71.9 0.2

97.4 96.0 98.4 97.1 94.6 93.0 94.0 94.1 96.4 95.2 97.1 97.3 97.7 94.4 95.0 97.1 96.4 97.9 97.2 95.9 96.2 96.0 98.7 96.5 97.8 96.8 96.8 97.6 93.1 96.7 97.7 100.1 98.9 89.7 96.7 96.9 100.0 97.6 96.6 98.3 97.3 97.1 99.2 97.8 97.9 98.0 98.0 96.0 93.6 90.9 95.1 92.5 97.0 97.5 91.3 98.0 96.5 101.2 96.5 96.3 96.0 96.5 93.5 99.9 93.1 97.8 86.6 98.5 94.6 90.0 94.7 92.4 92.3 94.0 96.7 94.4 95.4 95.0 95.7 96.6 97.7 95.8 97.8 95.6 97.8 97.6 98.5 95.7 96.9 95.3 98.0 84.3 101.5 101.6 100.4 101.7 90.1 98.2 96.7 96.3 86.2 93.3 96.4 95.6 96.8 100.0 97.1 86.4 96.7 95.9 96.5 95.7 95.9 95.5 98.5 96.0 97.0 98.0 100.0 97.2 96.5 100.2 92.7 94.5 94.7 93.5 92.4 92.5 96.6 77.0 92.1 93.0 100.0

114.7 132.9 26 154.8 53 155.0 51 4 3 111.4 122.0 111 146.4 98 138.2 98 4 4 108.5 124.8 36 179.5 12 215.8 6 3 ✓ 114.8 125.6 75 152.1 68 168.7 27 4 ✓ 92.4 101.4 140 102.5 113.5 33 123.2 29 202.7 19 4 3 103.0 114.7 27 97.1 103.4 126 97.9 101.4 139 97.2 102.2 136 116.0 132.4 34 161.4 32 156.8 45 ✓ ✓ 100.7 113.1 3 122.3 14 149.8 4 2 4 107.4 118.2 6 136.7 2 161.2 2 ✓ 4 103.1 115.7 5 113.6 10 174.0 12 4 2 96.4 111.8 71 109.0 73 4 1 116.8 139.5 3 137.3 37 4 2 115.7 137.9 4 126.1 81 137.2 35 1 1 108.1 124.0 1 133.6 7 3 1 102.3 123.6 1 141.2 1 ✓ 3 116.7 136.1 9 150.9 12 4 2 112.8 129.8 8 144.9 9 107.9 10 1 1 104.9 129.7 11 103.8 106.9 26 113.4 37 163.1 25 4 ✓ 117.4 130.6 18 142.3 44 156.4 39 ✓ 4 118.3 126.3 3 160.1 1 ✓ ✓ 122.3 135.9 7 153.8 8 ✓ ✓ 117.5 130.7 17 145.1 27 195.3 5 4 3 116.8 120.7 47 154.5 17 170.3 4 4 ✓ 110.3 125.8 2 118.1 3 216.2 4 ✓ 3 111.3 120.7 45 152.9 23 145.2 25 3 ✓ 116.9 121.0 44 153.3 21 167.9 8 4 ✓ 128.1 136.0 4 117.9 48 139.5 3 1 1 5 90.5 5 3 3 143.1 133.6 3 132.1 94.1 110.1 82 105.8 82 197.1 7 ✓ 1 114.7 125.3 7 136.1 17 147.8 15 4 4 112.1 122.7 4 135.0 11 149.5 12 ✓ 2 100.2 100.4 4 101.6 4 113.8 4 104.5 116.3 5 130.7 4 159.3 1 ✓ 4 115.9 123.3 1 127.2 3 190.1 2 4 3 101.2 113.5 9 124.3 14 3 3 119.8 145.6 3 161.6 31 161.9 35 ✓ ✓ 115.8 133.3 25 164.6 23 140.2 84 ✓ ✓ 112.5 128.7 30 159.6 35 170.9 19 2 ✓ 119.9 130.2 11 161.6 9 173.8 3 ✓ ✓ 123.5 129.0 15 148.7 54 135.1 49 2 4 113.5 108.1 90 117.9 81 1 2 118.1 122.5 63 147.0 61 2 4 112.7 128.2 15 109.6 125.0 2 112.5 131.8 1 112.7 134.2 22 140.0 28 158.6 14 4 2 102.1 112.0 13 112.4 11 ✓ 3 113.8 130.9 7 128.7 32 134.8 15 1 2 114.7 131.3 6 153.7 4 184.7 1 ✓ 3 97.0 107.0 31 117.9 123.1 89 119.1 129.6 21 148.3 20 ✓ 4 122.6 126.1 21 135.5 9 126.0 5 ✓ 2 113.4 133.6 23 162.9 28 ✓ 4 113.1 130.2 12 164.6 7 170.2 5 ✓ 4 115.0 137.4 15 151.7 70 160.9 36 2 3 111.7 117.2 181 146.3 100 176.7 21 4 ✓ 99.1 112.9 63 118.0 51 ✓ 3 126.2 125.2 37 157.1 19 169.2 15 4 3 101.5 116.5 17 116.0 48 192.3 27 2 2 109.7 113.2 96 115.2 116 1 3 89.3 93.8 177 81.0 139 4 1 106.5 105.7 127 99.6 119 111.1 52 1 4 100.5

110.8 125.2 19 114.3 59 180.7 14 3 2 98.4 108.5 24 109.6 19 183.9 8 4 2 94.3 101.9 53 101.1 37 1 2 104.5 116.8 3 112.2 12 4 2 113.9 126.6 25 120.8 36 121.8 20 1 2 116.7 130.7 8 148.8 12 140.3 12 ✓ 3 110.1 126.2 28 127.5 34 101.1 23 1 1 115.0 135.6 1 164.5 1 ✓ 3 112.6 127.8 18 141.6 20 4 2 112.7 132.1 40 134.4 50 135.1 38 3 2 113.5 133.9 26 144.2 17 149.9 20 4 2 115.7 134.2 3 126.3 13 122.3 9 1 1 114.9 122.2 112 124.3 166 1 3 106.0 113.6 58 117.6 53 3 3 114.5 121.4 120 134.7 103 133.6 100 3 3 101.0 102.3 58 112.3 119.5 16 135.2 14 2 ✓ 98.9 101.2 57 108.6 56 118.8 43 3 ✓ 67 2 1 114.4 135.4 7 121.0 43 84.8 105.5 118.2 6 146.5 3 ✓ 3 113.5 123.6 77 130.3 136 128.5 107 3 3 100.7 108.1 20 127.2 8 151.8 5 ✓ ✓ 70.6 74.0 187 130.0 127.1 17 125.8 27 92.8 36 2 2 128.3 131.6 5 138.4 7 ✓ 3 123.6 123.6 30 121.6 43 2 2 125.2 123.6 29 115.9 49 101.0 26 2 2 94.1 102.5 131 100.3 98 198.4 4 ✓ 1

104.7 112.7 35 128.7 14 ✓ 4 109.5 119.3 153 126.4 154 121.2 119 2 4 73.3 76.4 185 65.5 150 95.2 64 1 1 96.6 110.9 75 101.3 93 135.1 37 3 1 114.4 124.5 11 141.7 8 139.9 30 ✓ 4 95.6 103.6 124 87.6 131 104.5 58 1 1 98.9 106.2 44 121.1 20 114.4 55 3 ✓ 100.1 100.2 2 101.0 1 116.0 1 98.3 101.9 52 112.4 47 4 ✓ 102.4 2 1 115.4 132.7 29 156.1 48 144.9 70 ✓ 4 107.8 117.7 7 137.2 9 129.6 9 ✓ 3 111.9 124.2 91 146.6 93 109.8 194 4 4 112.1 125.4 77 144.0 118 133.0 128 3 3 108.8 118.6 61 145.1 45 123.4 55 3 4 109.7 120.0 138 140.1 156 3 4 118.0 132.7 18 174.9 20 152.1 32 3 4 110.6 123.2 97 147.4 89 128.8 151 3 4 113.3 125.4 78 150.5 75 4 4 123.8 125.9 28 157.4 18 163.1 25 4 4 123.0 123.8 49 165.3 3 ✓ ✓ 123.5 129.3 13 153.3 31 4 4 123.8 128.5 17 150.8 40 4 4 129.2 133.9 2 164.9 2 183.1 4 4 2 101.0 112.4 45 105.8 61 172.1 41 1 2 112.0 117.9 176 125.2 163 2 3 105.9 119.7 5 118.5 2 225.4 2 ✓ 2 102.0 117.4 10 106.1 10 182.7 11 2 2 98.7 108.5 90 90.6 126 173.6 17 ✓ 1 92.6 99.9 152 111.4 67 ✓ 1 111.7 122.8 2 125.9 6 145.3 6 3 4 41.0 39.4 195 28.5 157 1 1 90.3 89.1 183 74.8 146 82.2 69 1 1 101.6 111.4 55 115.5 50 3 3 100.1 100.2 3 100.6 7 111.1 8

August 2013 | www.moneyobserver.com

2 2 3 2 3

1 1 4 3 4 2 2 3 2 1 3 3 3 3 3 3 2 4 1 2 3 3 3 2 2 3 3 1 2 2 1 4 3 1 1

3 3 4 4 3 3 3 3 3 3 4 2 3 3 3 4 4 3 3 3 3 3 3 3 3 2 2 4 3 3 2 3 4 3 4 3 3 3 2 2 2 3 4 4 3 4 2 3 1 3 3 2 3 2 2 2 2 2 2 2 3 3 2 4 3 2 4 2 2 4 2 3 3 3

Return on £100 after:

As at 1 July 2013

Source: Lipper Sec- tor

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

Jupiter China S 83.1 0.8 Jupiter Corporate Bond E 52.3 2.7 Jupiter Distribution I 82.5 2.9 Jupiter Ecology • M 245.4 0.5 Jupiter Emer Europn Opps P 185.8 Jupiter European V 1173.7 0.3 Jupiter European Income V 52.8 2.2 Jupiter Europn Spec Sits V 275.7 0.4 Jupiter Financial Opps P 388.0 0.4 Jupiter Fund of Invt Tst M 151.6 Jupiter Glbl EM O 45.1 1.1 Jupiter Global Energy P 41.1 Jupiter Global Managed Inc M 153.9 0.4 Jupiter Growth & Income A 91.0 2.5 Jupiter High Income H 114.0 6.2 Jupiter Income B 454.4 3.9 Jupiter India P 57.3 Jupiter Intl Financials P 56.4 1.6 Jupiter Japan Income R 67.5 2.1 Jupiter JGF Asia Pacific L GBP * T 1270.0 912.0 Jupiter JGF Clm Chge Sol L GBP *• M Jupiter JGF Euro Grth L GBP * V2 1718.0 0.8 Jupiter JGF Europn Opps L GBP * V2 1219.0 0.6 Jupiter JGF Gbl Finls L GBP * P 1136.0 Jupiter JGF Global Eq L GBP * M 1276.0 0.7 Jupiter JGF India Select L GBP * P 849.0 Jupiter JGF Japan Select L GBP * R 1403.0 0.5 Jupiter JGF New Europe L GBP * P 884.0 Jupiter Merlin Bal Pf K 126.2 2.4 Jupiter Merlin Csv Pflo I 4905.0 Jupiter Merlin Gth Pfolio L 270.6 Jupiter Merlin Inc Pfolio J 240.8 3.1 Jupiter Merlin Wldwd Pf Inc M 195.2 Jupiter Monthly Income H 79.7 4.5 Jupiter North Amer Income Inc U 79.2 1.5 Jupiter Responsible Inc • B 88.1 4.7 Jupiter Strategic Bond F 81.2 4.2 Jupiter UK Alpha A 11034.0 1.8 Jupiter UK Growth A 258.1 0.7 Jupiter UK Smaller Cos C 154.3 Jupiter UK Special Situations A 137.1 2.0 Jupiter Undervalued Assets A 230.0 0.8 Kames American Equity A U 210.5 0.1 Kames Ethical Cauts Mngd A • J 134.4 1.7 Kames Ethical Corp Bond A • E 173.3 3.0 Kames Ethical Equity A • A 135.0 1.4 Kames European Equity A V 220.5 1.3 Kames Global Equity A M 110.4 0.2 Kames High Yield Bond A G 105.5 5.1 Kames Inflation Linked AGBPAcc I 120.5 1.3 Kames Invest Grade Bd A E 138.1 2.9 Kames Sterling Corp Bond A E 62.3 3.1 Kames Strategic AssetsAAccShrs J 9793.5 1.2 Kames Strategic Bond A F 168.4 2.4 Kames UK Equity A A 195.7 1.5 Kames UK Equity Abs A 112.4 Kames UK Equity Inc A B 169.9 3.8 Kames UK Opportunities A A 137.5 0.9 Kames UK Smaller Companies A A C 204.5 0.3 A 119.5 2.1 L&G (A&L) Capital Growth • L&G (N) Tracker A • A 154.8 2.3 D 107.2 2.2 L&G All Stocks Gilt Indx M Inc • L&G All Stocks IL Gt Idx M • D1 93.3 0.7 L&G Asian Income R Inc T 449.3 4.2 L&G Cash R X 94.1 0.0 L&G Distribution R J 77.0 3.0 L&G Dynamic Bond R F 83.6 3.2 L&G Equity R Inc A 844.7 1.4 L&G Ethical R Inc • A 50.0 2.3 V 201.5 2.1 L&G European Index R Inc • L&G European R Inc V 266.2 0.4 L&G Fixed Interest R Inc E 63.8 3.2 L&G Global 100 Index R Inc • M 74.2 1.6 O 45.5 1.9 L&G Global Emer Mkts Idx R • L&G Global Env Enterp R • M 46.5 0.2 L&G Global Growth R Inc M 133.1 0.5 L&G Global H&P Index R Inc • M 33.8 0.9 L&G Global Macro Themes R P 57.8 L&G Global Tech Index R • Q 16.4 0.2 L&G Growth R A 62.5 1.6 L&G High Income R Inc G 49.2 4.7 L&G International Index R • M 72.2 1.4 L&G Japan Index R Inc • R 35.4 1.1 L&G Managed Monthly Inc R Inc E 57.6 3.1 L&G Mixed Investment A K 216.4 1.5 L&G Multi Manager Bal R K 58.3 0.6 L&G Multi Manager Growth R L 54.9 0.4 L&G Multi Manager Income R J 64.9 2.2 L&G North American R Inc U 528.1 L&G Pacific Growth R Inc T 220.6 0.7 L&G Pacific Index R Inc • T 81.7 2.1 L&G Sterling Corp Bd Idx F • E 49.9 L&G Sterling Income A E 151.1 2.7 L&G Target Return A J 135.4 0.7 L&G UK 100 Index R • A 153.9 2.8 L&G UK Absolute R 59.7 L&G UK Active Opp R Inc A 186.4 1.4 L&G UK Alpha R A 123.4 L&G UK Equity Income R B 61.2 4.0 L&G UK Index R Inc • A 133.5 2.8 L&G UK Property R Z 51.4 2.8 L&G UK Select Equity A A 245.3 1.5 L&G UK Smaller Companies R Inc C 607.1 0.6 L&G UK Special Sits R A 68.2 0.1 L&G US Index R Inc • U 212.3 1.0 L&G Worldwide R Inc L 180.1 0.7 Lazard DevMkts Rtl O 82.9 0.4 Lazard EmerMrkts Inc O 230.4 1.4 Lazard Europn Alpha Inc V 503.6 1.3 Lazard Europn Smll Cos V1 295.1 0.7 Lazard Global Equity Inc M1 126.2 3.9 Lazard Mgd Bal Inc K 122.8 1.7 Lazard UK Alpha Retail Inc A 153.4 1.4 Lazard UK Inc Retail Inc B 528.8 3.7 Lazard UK Omega Retail Inc A 159.3 0.4 Lazard UK Smll Cos Inc C 1320.0 0.9 Legg Mason Asia Pacific A T 227.6 0.5 Legg Mason Cont Europn Eq A V 221.2 1.0 Legg Mason Glo Bl Chp Bond A E 88.1 1.7 Legg Mason Glo Eq Inc A M1 135.8 3.7 Legg Mason Glo M Strat Bd A N 98.0 3.6 Legg Mason Japan Equity A R 236.0 Legg Mason UK Eq A A 245.0 1.9 Legg Mason US Eq A U 127.2 0.3 Legg Mason US Sml Cos A U1 228.6 Libero Balanced Retail A K 111.5 2.0 Libero Cautious LAPS Rtl J 112.7 0.6 Libero Strategic LAPS Rtl K 116.5 0.2 Lindsell Train Global Equity A * M 136.9 Liontrust Asia Income Fund (R) T 103.0 Liontrust Eupn Abs Rtn Fd (R) 93.5 Liontrust European Gro Fd (R) V 125.9 1.5 Liontrust FTSE 100 Trk Fd (R) • A 181.0 3.1 Liontrust Income Fund (R) B 138.2 5.1

93.5 97.2 97.4 99.0 93.3 97.4 97.6 97.3 94.7 95.9 94.1 93.6 97.1 97.2 97.0 96.7 89.1 95.0 101.3 93.1 97.5 97.3 96.8 94.9 97.2 89.0 101.3 93.9 95.9 96.0 96.1 95.8 95.8 97.0 97.4 98.5 97.2 96.9 96.8 97.4 97.2 97.5 96.7 97.3 96.3 97.2 96.5 97.7 97.5 94.5 95.9 96.3 96.8 97.1 95.4 100.9 95.8 96.5 98.5 95.1 95.1 97.5 96.3 94.4 100.0 96.3 97.7 95.3 95.7 95.4 95.6 95.6 95.8 93.2 93.1 96.0 97.4 99.8 94.6 95.2 97.0 96.2 101.3 95.6 96.0 93.2 92.7 94.2 96.8 92.5 94.5 96.1 96.8 96.9 95.0 97.7 94.9 96.0 96.3 95.2 100.3 95.9 98.6 95.9 96.8 96.3 90.0 92.8 96.0 96.7 96.0 95.6 95.9 96.1 97.1 97.3 91.5 96.8 98.1 96.8 96.3 92.3 95.9 96.7 96.8 95.7 97.1 95.9 99.9 92.6 101.8 95.8 94.9 96.4

104.4 119.0 8 94.9 28 2 1 99.4 105.7 53 117.5 52 137.6 13 1 ✓ 104.2 109.3 2 125.7 3 130.5 6 ✓ ✓ 114.9 122.5 103 127.9 152 140.9 76 2 4 96.4 109.3 86 92.4 120 100.8 60 1 1 115.8 130.3 56 155.8 4 209.5 3 ✓ 4 115.2 130.1 60 134.9 48 2 3 115.0 131.4 49 141.5 24 161.5 11 4 3 114.8 130.2 10 108.1 76 136.5 35 1 2 107.2 118.0 174 128.6 148 134.3 96 1 4 99.1 112.0 14 99.3 101.2 143 116.4 126.5 45 138.9 62 155.2 41 4 4 113.0 125.7 73 158.9 35 186.1 15 ✓ ✓ 112.2 118.8 6 143.9 5 142.6 4 ✓ 3 111.6 116.2 79 138.4 67 122.3 56 2 ✓ 87.3 100.3 149 80.1 140 3 1 115.9 135.5 6 125.1 31 1 4 121.5 121.0 46 124.1 33 121.6 9 3 3 102.6 112.6 43 117.5 44 3 3 114.9 123.2 85 125.4 161 2 3 113.0 127.4 21 151.7 6 ✓ 3 113.9 128.1 16 151.1 9 ✓ 4 115.5 135.9 5 122.7 40 2 3 112.3 118.9 157 137.0 81 3 ✓ 87.0 99.1 159 78.0 142 3 1 122.4 121.7 45 121.5 45 3 3 98.7 114.2 53 102.4 87 4 1 108.2 115.0 61 126.4 66 149.5 13 4 4 102.3 110.0 115.4 73 128.8 49 153.3 10 2 ✓ 105.3 111.5 55 125.5 32 151.2 3 4 ✓ 110.2 115.2 196 124.9 165 152.7 46 2 ✓ 107.3 120.8 3 140.0 7 138.7 6 2 ✓ 121.2 127.6 20 157.1 20 191.1 2 ✓ ✓ 112.1 123.9 30 150.1 32 138.8 32 4 ✓ 100.8 108.8 28 129.4 5 4 ✓ 113.1 124.3 88 153.7 58 ✓ ✓ 114.3 137.9 14 163.8 26 153.0 55 ✓ 4 109.1 119.8 42 152.0 42 135.7 36 2 4 114.5 125.3 80 158.8 37 181.2 20 ✓ ✓ 109.8 132.7 31 143.4 122 120.6 175 2 4 120.4 123.5 54 141.4 73 125.5 53 1 3 108.2 118.1 7 138.2 1 ✓ 4 98.7 106.2 46 119.6 36 125.4 39 2 ✓ 115.4 127.9 60 154.8 52 160.8 37 ✓ ✓ 111.4 132.0 42 137.8 36 113.5 66 4 2 117.1 126.9 39 136.8 84 112.9 126 2 3 99.8 108.5 19 129.9 3 158.8 2 4 ✓ 100.3 98.8 32 99.0 108.7 12 123.2 11 138.4 11 4 ✓ 100.6 110.1 8 123.6 10 130.2 33 4 ✓ 101.3 103.6 142 100.3 108.0 30 118.6 33 143.0 6 ✓ ✓ 109.4 117.1 186 135.2 205 148.1 66 2 4 104.3 104.2 52 109.7 31 2 ✓ 110.8 118.6 62 143.9 47 3 ✓ 115.5 123.1 98 139.4 161 2 4 118.5 133.3 16 159.3 36 197.3 10 2 4 107.8 116.2 207 137.0 187 130.4 140 2 4 108.0 116.9 192 138.2 174 132.4 130 2 4 96.9 97.3 7 114.0 9 139.2 7 3 ✓ 101.6 103.3 4 127.0 6 162.2 4 4 105.6 120.0 9 144.8 4 ✓ 4 99.9 99.8 9 100.0 9 110.5 8 103.0 110.1 78 122.8 48 128.1 35 ✓ ✓ 100.9 109.2 26 117.0 39 1 4 106.5 115.7 216 131.0 224 120.1 178 1 3 111.0 125.6 74 147.0 90 132.0 133 4 4 110.8 130.0 61 128.6 71 131.5 51 2 1 110.8 133.2 30 132.2 58 123.4 60 2 2 98.5 106.9 33 120.6 25 136.0 16 4 ✓ 115.0 120.7 134 136.9 83 142.8 73 4 4 95.6 105.8 38 119.5 120.2 140 110.9 118.6 165 129.3 142 133.7 98 2 4 125.0 129.7 20 163.8 2 192.7 7 4 ✓ 93.8 87.7 184 104.7 85 1 2 111.8 110.9 12 133.7 12 166.4 9 3 3 101.2 106.0 251 113.2 242 128.2 152 1 3 99.2 106.3 22 117.1 20 131.7 17 1 4 114.4 121.2 123 137.9 69 3 4 122.7 123.5 31 123.5 36 107.0 22 4 2 98.6 107.4 26 121.3 19 138.0 12 4 ✓ 106.4 114.1 84 128.7 45 135.7 32 3 2 99.3 107.1 134 108.8 118 1 1 99.1 107.3 109 106.4 103 1 4 100.0 107.3 111 111.8 107 2 3 119.3 119.3 84 141.3 74 150.8 42 2 4 98.8 110.1 62 108.2 56 160.6 49 2 2 100.6 112.9 41 128.5 17 186.6 30 4 3 98.0

99.2 108.8 11 117.7 50 127.7 36 1 ✓ 101.4 106.5 117 115.3 94 125.6 39 1 ✓ 107.5 115.3 223 136.6 191 130.9 137 2 4 102.3 107.8 31 120.7 6 4 4 104.8 112.0 241 125.5 232 123.8 162 1 3 113.9 125.3 81 143.6 120 217.8 5 1 3 112.5 118.8 59 108.4 117.5 174 140.2 155 137.5 100 3 4 102.0 102.3 26 110.7 23 103.8 6 110.7 122.0 112 139.1 164 136.7 108 2 3 111.8 128.9 29 175.4 19 171.6 18 4 ✓ 112.2 123.2 95 132.3 218 2 3 121.9 123.7 50 155.5 28 166.9 21 ✓ ✓ 108.0 116.9 58 129.1 46 134.6 43 2 ✓ 92.8 99.8 60 96.8 107.3 30 111.3 15 194.0 6 ✓ 2 110.7 131.3 51 135.1 46 135.9 37 3 2 112.9 130.1 7 156.6 6 4 4 108.5 120.3 13 139.6 7 4 4 107.0 114.7 71 134.9 13 134.6 34 4 2 108.1 117.7 169 136.2 196 122.2 169 2 4 109.4 121.4 41 152.4 25 130.7 45 3 ✓ 108.9 121.9 113 147.9 85 136.2 110 3 3 109.9 126.3 34 165.3 28 163.2 26 2 4 101.9 113.2 36 107.4 57 162.6 46 2 2 111.1 128.8 69 128.1 74 106.2 69 1 2 97.7 100.2 71 108.1 68 1 ✓ 111.5 123.1 8 138.2 9 3 ✓ 95.6 100.4 63 109.3 52 4 ✓ 153.8 167.6 1 236.2 1 94.9 33 ✓ 3 109.9 118.3 158 141.3 140 117.6 185 2 4 123.9 129.2 14 143.4 69 93.9 55 1 3 115.2 124.4 7 139.2 6 169.7 6 1 1 108.2 114.9 66 101.6 103.9 140 103.9 109.4 129 121.8 127.0 38 107.5 119.0 11 101.3 100.0 66 106.7 36 1 ✓ 107.4 124.3 91 135.9 42 1 2 107.3 115.4 222 138.5 171 134.7 119 2 4 108.2 121.4 40 144.5 46 115.9 57 3 ✓

4 3 3 1 1 1

3 1 3 2 4 2 2 3 3 1 2 2 3 1 1 1 1 1 1 2 1 1 1 1 3 2 3 2 2 2 2 2 3 3 3 2 3 3 3 ✓ ✓ 3 3 1 3 3 ✓ 2 3 4 3 ✓ 3 ✓ 2 4 3 ✓ 1 3 2 2 2 3 3 ✓ 1 3 4 1 2 2 ✓ 2 2 1 ✓ 3 3 3 4 4 3 3 3 1 3 1 1 1 2 1 2 1 2 3

1 2 2

Money Observer’s 2013 Rated Funds highlighted

How each fund has performed over five periods – plus rankingS and RATINGS

Return on £100 after:

Sec- tor

Liontrust Special Sits Fd (R) A Liontrust UK Growth Fund (R) A Liontrust UK Sm Cos Fund (R) C LiontrustMacro Eq - (R) B LiontrustMacro UK Gr - Inc (R) A LM Bm Emer Mkts Eq ADA GBP * O LM Bm Eurpn Eq ADA EUR * V2 LM BW G. Fi Inc Fd-ADS(AH)£ * N LM Bw Gl Opp Fxd Inc ADM USD * N LM Cap Mgmt Growth ADA USD * U LM Cap Mgmt Opp ADA USD * U LM CB US Aggr Gro ADA USD * U LM CB US Apprec ADA USD * U LM CB US Fdmtl Val ADA USD * U LM CB US LargeCapGth ADA USD * U LM GC Global Equity ADA USD * M LM LMHK China ADA USD * S LM Ryc Eurpn Sml Cos ADA EUR * V1 LM Ryc Glo Sml Cos A Dis A USD * M LM Ryc US SmlCap Opp ADA GBP * U1 LM US Eq Inc A Inc Q GBP U LM WA Asia Opps ADM GBP * N LM WA Emer Mkts Bd ADD HGBP * N LM WA Glo Hi Yld ADM USD * N LS Emrging Dbt & Ccy RD USD * N LS Glob Op Bd RD GBP * N LS Multisector Inc Fd R/D GBP * N LS Strategic Inc Fd Q/AG USD F LS US Eq Leaders Fd Q/AG USD U M&G American A Inc U M&G Asian A Inc T M&G Corporate Bond A Inc E M&G Dividend A Inc B M&G Emerging Mkts Bond X Inc N M&G Episode Balanced A Inc J M&G Episode Def Stg A-P P M&G Episode Growth X Inc K M&G Episode Income A Inc J M&G Eupn A Inc V M&G European Strat Value A Inc V2 M&G Europn Hi Yld Bd X Inc N M&G Europn Idx Trkr A Inc • V M&G Europn Smll Cos A Inc V1 M&G Eurpn Corp Bd A Inc N M&G Extra Income A Inc H M&G Fund of Invt Trust A Inc M M&G Gbl Real Est Sec A Inc GBP Z M&G Gilt & Fixed Int A Inc D M&G Gl Emer Markets GBP A Inc O M&G Glo Basics A Inc M M&G Glo Conv GBP A Inc P M&G Glo Leaders A Inc M M&G Global Dividend A GBP Inc M M&G Global Growth A Inc M M&G Global Macro Bond X Inc N M&G High Yield Corp Bond X Inc G M&G Index Tracker A Inc • A M&G Index-Linked Bond A Inc D1 M&G Intl Sovereign Bond A Inc N M&G Intl Speclst Eq GBP A Inc M M&G Japan A Inc R M&G Japan Small Cos A Inc R1 M&G Managed Growth X Inc L M&G North American Value A Inc U M&G Optimal Income A Inc F M&G Pan European A Inc V2 M&G Pan European Divid A GBP V2 M&G Prop Ptfl Sterling A Inc Z M&G Property * Z M&G Recovery A Inc A M&G Short Dated Corp Bd A Inc E M&G Smaller Companies A Inc C M&G Strategic Corp Bond A Inc E M&G UK Growth A A M&G UK Infl Lnkd Crp Bnd A F Magna Africa C EUR * P Magna Eastrn Eurpn C EUR * P Magna EM Div N Dist GBP * O Magna Lat Am C EUR * P Majedie Asset UK Income Inc B Majedie UK Eq A A Majedie UK Focus A A Manek Growth A Margetts Grey Bal K Margetts Grey Cau Mgd J Margetts Grey Gbl Gwth M Margetts Greystone Cons I Margetts Intl Strategy M Margetts Opes Growth M Margetts Opes Income L Margetts Prov Strategy J Margetts Select Strategy K Margetts Venture Strategy L Marks & Spencer High Inc F Marks & Spencer UK 100 Cos • A Marks & Spencer UK Sel Pf A Marks & Spencer Wldwd Mgd K Marlbororough Em Mkts Trust O Marlborough Balanced K Marlborough Bond Income E Marlborough Cash Trust X Marlborough Cautious Inc J Marlborough Defensive A Marlborough ETF Commodity A P Marlborough ETF Global Grwth A P Marlborough European Trust V Marlborough Extra Income H Marlborough FE Grwth A T Marlborough Global M Marlborough Global Bond N Marlborough High Yield Fxd Int G Marlborough Multi Cap Incm B Marlborough N American Trust U Marlborough Special Situations C Marlborough UK Leading Cos A Marlborough UK Micro Cap Gwth C Marlborough UK Pmr Opps A Inc A Martin Currie Asia Pac A T Martin Currie China A S Martin Currie Em Mkts A O Martin Currie Eu Eq Inc A ACC V Martin Currie Gbl Alpha A M Martin Currie Glb Eq Inc A Inc M1 Martin Currie Japan A R Martin Currie Japan Alpha A R Martin Currie Latin Amer A P Martin Currie Nth Am A U MC GF Global Resources GBP * M MC GF Greater China USD * S McInroy & Wood Balanced K McInroy & Wood Emerging Market O McInroy & Wood Income K McInroy & Wood Smaller Comp M

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

246.6 0.7 284.9 1.2 603.9 0.3 247.2 3.1 165.2 3.0 8821.0 0.8 10787.6 1.5 11575.0 1.2 7642.2 2.4 6063.8 16787.8 8505.3 8149.9 6747.5 0.1 8624.6 6586.7 0.6 5641.2 0.7 11317.3 0.5 7651.5 12622.0 128.9 2.1 11132.0 2.3 10412.0 4.0 6264.9 5.2 5666.2 3.9 1442.0 1.2 1398.0 3.7 64.9 67.6 1047.4 1016.3 0.5 37.4 2.6 58.2 3.8 79.1 2.4 116.8 2.2 100.4 46.9 1.9 109.7 3.6 1376.3 0.6 113.4 1.7 43.3 4.5 59.4 2.2 238.4 0.5 71.6 1.9 681.4 4.3 1500.7 0.6 119.4 2.6 84.3 0.6 208.7 0.5 658.1 0.3 137.2 1.6 183.3 1.6 158.9 3.0 258.2 0.4 75.7 1.1 49.3 4.7 61.4 3.0 96.6 0.2 83.1 0.7 108.1 0.0 34.8 0.5 268.4 0.7 75.2 0.2 68.4 0.2 135.8 2.3 160.8 2.1 113.6 3.3 105.0 2.7 667.8 1.8 125.4 1.1 25.0 0.9 238.7 0.7 69.3 2.3 3343.0 1.6 110.9 0.8 803.5 3286.5 902.4 1.8 2567.6 133.4 3.4 390.3 1.6 439.9 1.3 63.4 142.2 0.9 115.8 4.0 176.1 101.6 0.2 231.4 242.7 220.2 3.2 295.2 2.7 324.3 0.2 350.8 111.5 3.9 274.8 0.9 473.5 2.2 545.3 1.2 240.3 1.5 139.6 48.2 3.8 50.5 1.2 76.1 1.9 125.6 0.7 108.0 140.0 1.1 222.4 0.6 72.9 4.4 172.6 1.2 151.1 136.7 3.7 73.9 7.3 132.6 4.1 263.4 0.3 792.1 0.9 185.7 1.1 321.3 289.4 2.2 111.1 0.7 96.7 209.9 0.3 306.7 3.5 118.7 0.2 105.8 4.7 134.8 0.1 108.2 7650.0 0.9 199.6 0.1 1380.0 0.1 1262.0 1.8 3603.4 1.8 1727.7 2.1 2304.0 3.0 2882.3 2.0

97.7 109.6 122.1 110 186.1 6 243.4 2 4 ✓ 97.1 109.3 117.1 184 158.9 36 174.9 22 4 ✓ 9 3 ✓ 101.4 107.5 126.9 32 179.9 11 206.6 96.0 113.6 119.4 54 141.7 55 151.6 20 3 ✓ 95.0 110.2 115.5 220 135.1 206 143.2 77 2 ✓ 92.8 92.8 100.8 59 95.0 42 1 1 97.3 111.4 122.9 35 135.5 28 110.7 22 2 3 97.8 101.3 107.9 25 119.1 27 ✓ ✓ 97.6 102.8 106.7 27 123.1 14 97.4 115.6 116.4 87 143.9 68 109.7 54 2 4 97.5 139.8 155.0 1 146.0 63 1 1 99.1 125.8 129.4 12 176.3 1 ✓ 4 98.8 119.8 120.9 79 150.4 43 3 ✓ 97.8 122.0 127.3 21 148.4 56 2 3 98.8 122.2 127.9 19 163.6 4 ✓ ✓ 98.0 116.5 125.8 54 141.1 49 4 ✓ 89.5 100.0 36 95.0 27 1 1 93.0 98.0 110.0 123.3 13 133.3 12 1 3 95.7 100.8 109.7 213 122.2 171 1 3 99.4 125.4 132.2 3 98.0 120.1 122.0 69 95.7 101.0 106.5 28 94.9 91.3 99.6 70 119.1 28 96.8 107.2 113.5 11 126.8 9 3 ✓ 96.0 99.1 102.4 49 97.6 101.8 102.3 50 113.8 35 4 4 96.8 108.4 112.0 15 126.5 10 ✓ ✓ 96.6 97.2 98.6 121.0 123.0 60 148.8 53 154.5 36 3 4 92.8 102.3 116.4 18 126.2 23 212.4 13 ✓ 3 96.4 98.3 105.0 60 121.0 21 155.1 2 3 ✓ 95.4 107.9 114.7 87 141.9 51 128.7 48 2 4 96.0 101.5 105.5 35 114.2 34 180.3 12 4 4 95.9 104.1 110.0 79 118.5 80 2 4 98.3 100.3 95.7 106.9 114.0 87 127.5 55 136.0 31 3 2 96.2 103.8 109.3 92 96.4 111.8 129.4 65 137.3 38 124.2 57 3 2 95.9 112.1 127.1 23 130.7 31 2 2 96.5 104.5 120.6 3 132.1 5 170.7 17 4 1 95.5 110.2 129.3 68 128.5 72 132.4 46 2 1 96.8 111.5 131.7 6 153.1 7 153.2 5 4 2 97.8 105.1 113.8 10 120.8 21 164.0 23 4 2 97.2 108.4 116.2 11 145.6 3 142.2 5 2 ✓ 96.4 111.1 121.7 115 134.5 104 127.4 112 4 ✓ 95.5 106.0 113.4 14 142.5 7 4 4 98.2 97.5 97.5 4 113.4 12 142.0 3 2 ✓ 92.4 98.4 110.3 19 111.5 14 ✓ 3 95.1 104.7 109.8 212 119.8 175 149.1 55 1 3 98.0 110.5 115.6 46 121.7 42 3 3 96.4 118.9 126.5 44 137.6 72 133.2 101 3 4 96.2 117.1 123.4 81 153.0 10 ✓ ✓ 96.5 113.5 126.7 40 134.2 107 165.2 27 3 3 98.0 105.5 109.9 19 120.9 19 181.5 10 ✓ ✓ 97.5 99.9 110.5 13 123.1 14 141.5 11 2 3 95.1 108.3 117.8 168 140.2 154 137.5 101 3 4 95.1 101.4 102.9 6 129.1 4 165.9 1 4 97.8 99.4 98.9 75 113.5 36 181.1 11 3 3 95.6 112.6 118.6 164 101.4 127.7 128.4 12 132.8 12 119.3 11 ✓ 1 97.7 126.4 126.5 4 143.5 2 131.3 1 ✓ 2 94.5 100.8 109.3 103 114.0 97 141.0 27 1 3 99.1 126.5 126.8 22 149.8 46 130.4 51 2 3 97.0 101.9 109.6 23 127.7 7 ✓ ✓ 96.5 109.8 124.7 31 134.6 30 135.4 14 2 2 96.1 112.5 127.4 20 135.0 29 2 3 100.3 101.3 101.4 29 106.9 26 87.4 11 100.0 104.7 104.1 23 102.5 32 73.6 17 95.4 104.5 110.4 245 133.3 214 156.3 48 1 4 99.3 100.8 102.5 68 105.7 69 115.1 54 1 ✓ 98.2 115.3 131.6 21 172.3 22 178.8 16 3 4 96.8 98.7 105.5 56 122.0 17 169.8 1 3 ✓ 95.5 108.6 118.4 156 144.2 115 144.2 73 3 4 98.4 101.3 105.5 42 93.2 96.1 105.9 109 98.0 105 2 1 94.0 100.3 112.1 67 106.5 79 121.3 46 4 1 93.8 101.8 114.8 7 90.4 92.2 100.1 151 100.8 95 198.4 5 ✓ 1 97.3 114.0 132.4 8 96.3 112.2 128.2 58 157.4 44 187.9 13 ✓ ✓ 96.2 114.0 132.8 28 157.1 45 194.0 11 ✓ 4 98.0 97.0 105.5 252 65.1 245 64.7 200 1 1 95.0 107.0 117.7 27 ✓ 2 95.5 105.0 112.9 32 124.6 38 ✓ 4 94.7 109.9 120.5 136 133.2 114 173.4 16 4 ✓ 96.1 102.6 107.4 11 113.3 18 1 4 95.1 109.8 118.9 158 128.2 150 154.6 42 3 ✓ 94.4 108.1 117.7 178 128.8 144 157.3 36 4 1 94.3 104.3 112.7 89 132.8 29 145.9 19 ✓ 3 96.4 105.3 114.2 18 126.7 23 138.8 11 ✓ 4 95.3 107.1 118.6 21 130.9 34 150.1 10 ✓ 2 93.3 103.4 114.9 75 124.5 71 173.3 2 3 4 95.6 97.0 105.2 43 118.8 31 128.3 22 2 ✓ 94.1 107.0 116.7 199 137.1 186 130.4 141 2 4 95.8 108.9 120.0 139 141.6 136 122.2 170 2 4 95.6 109.0 117.0 32 134.7 14 139.8 23 4 2 92.4 90.8 101.1 57 98.4 39 164.1 14 2 1 95.3 107.0 115.2 59 122.8 97 127.1 55 2 1 95.2 98.8 106.8 34 119.0 43 133.5 20 3 ✓ 100.1 100.6 101.3 1 103.1 1 113.5 5 96.4 105.2 110.6 70 114.4 98 120.3 44 2 4 97.7 101.0 105.7 40 113.2 24 ✓ ✓ 98.6 96.8 98.2 164 95.7 112 2 4 98.2 114.8 121.1 29 123.8 36 2 ✓ 96.3 110.5 125.7 83 126.2 80 124.1 58 1 2 96.9 107.6 120.0 5 141.7 6 134.2 7 ✓ 4 92.1 92.3 106.2 72 103.0 64 163.2 45 1 2 95.6 109.0 118.9 156 118.3 177 119.2 121 2 ✓ 95.5 99.0 105.9 33 120.9 20 168.8 19 ✓ ✓ 96.2 97.1 113.8 5 121.2 16 140.5 14 2 1 98.2 115.4 130.3 10 98.0 123.3 127.9 18 148.0 59 152.2 40 2 4 97.5 110.4 124.1 37 177.4 15 217.9 4 3 ✓ 95.6 112.0 125.1 83 164.4 24 182.7 18 ✓ ✓ 98.7 108.3 122.9 39 190.5 3 224.8 3 3 ✓ 96.5 104.5 115.8 213 115.7 240 112.3 192 1 3 93.7 98.0 109.2 65 124.8 26 183.4 32 4 3 92.6 100.8 110.6 21 101.1 15 4 2 92.6 92.9 104.4 43 107.1 27 139.8 24 4 2 96.3 113.8 131.4 48 134.3 51 131.5 52 3 2 97.1 115.0 124.3 64 130.8 131 118.9 122 2 3 97.0 114.7 121.0 11 101.7 122.5 122.0 43 120.5 47 99.0 27 2 2 100.9 126.2 127.3 15 125.8 26 117.4 15 4 2 91.3 88.0 94.8 171 99.1 119.9 122.4 65 141.8 72 149.4 43 2 4 93.4 101.5 108.2 215 109.5 180 4 1 94.3 104.6 114.5 15 106.0 11 181.7 12 3 2 96.4 107.4 116.8 37 134.9 12 179.1 2 4 2 85.7 96.0 110.5 18 120.2 9 96.2 106.5 115.0 62 132.8 21 164.8 4 ✓ 3 93.7 110.2 124.5 63 140.1 56 202.6 3 4 4

1 2 2 3 2 2

1 2 3

2 3 2 3 4 3 2 3 2 3 2 2 ✓ 2 3 3 2 2 3 2 3 2 2 2 3 3 4 1 1 4 4 3 3 4 4 1 1 3 4 2 3 3 1 1 1 1 2 1 3 3 1 3 2 2 3 3 3 2 3 3 2 1 3 3 3 3 2 3 4 4 4

Return on £100 after:

Source: Lipper Sec- tor

Melchior Asian Opps USD A T Melchior Jpn Adv GBP A R Melchior N Amer Opps USD A U MFM Bowland A MFM CFS Balanced Opp A Inc L MFM Hathaway Inc K MFM SGWM Managed A L MFM Slater Growth A MFM Slater Income A Inc GBP B MFM Slater Rec A MFM Techinvest Special Sits C MFM Techinvest Technology Q MFS Mer Asia Pac ex Jap A1 GBP * T MFS Mer Cont Euro Eq A1 GBP * V MFS Mer Em Mkts Dbt LC A1 GBP * N MFS Mer Emer Markets Eq A1 USD * O MFS Mer Emer Mkts Debt A1 GBP * N MFS Mer Euro Small Cos A1 EUR * V1 MFS Mer European Value A1 GBP * V2 MFS Mer Europn Core Eq A1 EUR * V2 MFS Mer Fds China Eq A1 USD * S MFS Mer Fds Eurpn Rsrch A1 GBP * V2 MFS Mer Fds Gbl Bond A1 GBP * N MFS Mer Fds Gl Cncntrtd A1 USD * M MFS Mer Fds Glbl Rsrch A1 USD * M MFS Mer Fds Prdnt Wlth A1 GBP * X2 MFS Mer Glbl Energy A1 GBP * M MFS Mer Global Equity A1 GBP * M MFS Mer Japan Equity A1 USD * R MFS Mer UK Equity A2 GBP * A MFS Mer US Value A1 GBP * U MFS Meridian Fds Hi Yld A1 USD * N MGTS Ardevora UK Income B Mgts Clarion Explorer Pfl M Mgts Clarion Meridian Pfl K MGTS Frontier Adv R L Mgts Prudence Clarion Pfl J Mirabaud - Eq UK A Cap GBP * A Mirabaud Glo HY Bds AH Cap GBP * N Mirabaud-Eq Glbl Em Mkts-A GBP * O Miton Global Div Inc A Inc * K Money Market X1 Morgan Stanley Stg Corp Bd A A E MS Eur (ex UK) Eq Alpha A V MS Global Brands A GBP M MT Total Return M NatWest Adventurous Growth L NatWest Balanced Growth K NatWest Cautious Growth J NatWest Income J NB China Eq USD Adv * S NB Divsfd Currncy USD AdvAcc * P NB EM Equity USD AdvAcc * O Neptune Africa A GBP P Neptune Bal A K Neptune Caut Mngd A GBP J Neptune China A GBP S Neptune China Speciall Sit GBP S Neptune Defensive Mg B GBP I Neptune EM A GBP O Neptune Eur L/S Sect A GBP P Neptune European Inc A GBP V Neptune Europn Opps A GBP V Neptune Frontier EM A GBP P Neptune Gbl Special Sit A M Neptune Gl L/S Sec A GBP P Neptune Glo Alpha A GBP L Neptune Glo Eq A GBP M Neptune Global Inc A GBP M1 Neptune GtrChina Inc A GBP S Neptune Inc A GBP B Neptune India A GBP P Neptune Japan Opps A GBP R Neptune Latin Amer A GBP P Neptune Monthly Inc A GBP B Neptune Quarterly Income A B Neptune Rus & Gr Rus A GBP P Neptune Russia Spc SitsAAccGBP P Neptune S E Asia A GBP P Neptune UK Eq A GBP A Neptune UK Hi Inc A GBP H Neptune UK Mid Cap A GBP A Neptune UK Spec Sits A GBP A Neptune US Inc A GBP U Neptune US Opps A GBP U Newgate L Newton Acer GBP Inc L Newton Asian Inc GBP Inc T Newton Balanced Bridge GBP Inc K Newton Balanced GBP Inc K Newton Bridge GBP Inc L Newton Contl Erpn GBP Inc V Newton Corp Bd GBP Inc E Newton Emerging Sterling Inc O Newton Europn Hi Inc GBP Inc V Newton Falcon GBP M Newton Glbl Hi Inc GBP Inc M1 Newton Glo Eq GBP Inc M Newton Global Dyn Bd GBP Inc Newton Global Hi Yld Bd £Inc G Newton Global Opps GBP Inc M Newton Higher Inc £ Inc B Newton Ilex GBP Inc L Newton Intl Bd GBP Inc N Newton Maiden GBP Inc K Newton Managed GBP Inc L Newton Managed Income Inc J Newton Merlin GBP Inc L Newton Norfolk Trust GBP Inc L Newton Notts Trust GBP Inc L Newton Oriental GBP Inc T Newton Osprey GBP Inc L Newton Phoenix B GBP J Newton Phoenix MltiAssetGBPInc J Newton Real Return A GBP Inc Newton UK Equity GBP Inc A Newton UK Opps GBP Inc A Newton UK Smaller Cos GBP Inc C NFU Mutual Adventurous B Inc L NFU Mutual Balanced B Inc K NFU Mutual Cautious B Inc J NFU Mutual Deposit B Inc P NFU Mutual Gbl Dev Mrkts B Inc O NFU Mutual Gilt and Corp Bd A F NFU Mutual Global Growth A M NFU Mutual UK Eq Income B Inc B NFU Mutual UK Growth A A Old Mutual Asia Pacific A T Old Mutual Corporate Bd A E Old Mutual Euro Eq ex UK A V Old Mutual Gbl Eq A M Old Mutual Gbl Str Bd A N Old Mutual Japanese Eq A R

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex 232.9 42.0 130.8 0.1 196.3 105.7 79.1 89.7 2.4 110.5 245.3 0.2 125.1 3.9 116.3 0.3 80.0 0.9 275.2 921.0 775.0 1198.0 789.9 764.0 2842.0 2127.0 1947.2 574.9 803.0 1108.0 1943.7 1471.0 1239.0 1465.0 934.0 609.9 748.0 1325.0 1544.1 130.9 125.2 134.0 0.5 102.6 127.3 1.8 186.7 9972.0 9460.0 105.5 1.9 104.2 0.1 1926.7 1161.2 4139.1 130.8 0.8 127.3 0.5 126.1 0.6 119.5 0.6 111.5 2.4 835.4 681.7 596.7 113.3 0.9 509.6 0.7 113.6 2.1 272.5 0.5 120.1 101.6 145.6 0.2 111.6 113.9 2.5 369.1 1.1 106.4 98.8 115.0 0.0 273.8 288.3 0.2 113.8 116.6 4.0 262.5 3.7 109.4 315.7 0.0 108.6 1.0 112.7 166.1 3.7 299.0 0.4 102.4 98.6 0.7 189.2 1.3 124.4 3.8 290.0 0.9 154.4 1.0 144.8 3.3 264.9 193.7 1.4 846.3 1.4 186.2 4.5 136.2 3.0 170.0 2.6 215.2 1.8 176.1 1.7 82.5 3.5 105.3 80.5 4.3 274.9 0.8 143.0 3.9 93.5 0.7 109.1 3.4 65.4 5.7 176.1 0.7 57.5 4.8 778.5 0.6 210.6 1.0 155.0 2.5 556.0 1.4 109.3 3.6 766.9 1.6 68.9 1.5 50.1 1.4 533.7 0.4 221.0 1.1 160.6 1.9 132.2 1.4 116.8 3.0 683.7 2.3 228.5 1.6 120.2 0.5 139.4 0.4 138.0 0.6 132.5 0.7 97.9 0.5 129.1 0.8 99.6 3.0 170.9 0.8 138.8 3.7 273.2 1.8 279.2 2.2 188.8 3.3 165.9 1.5 183.0 324.3 1.6 114.0 0.6

91.9 111.6 123.6 4 130.4 15 162.0 47 ✓ 3 101.2 124.0 122.5 38 121.9 41 3 2 100.1 120.3 123.0 59 155.8 27 152.1 41 2 3 93.2 104.1 102.5 254 113.8 241 111.8 193 1 3 94.4 92.4 99.0 119 111.5 99 1 1 95.5 112.0 123.2 3 138.2 6 149.4 14 ✓ 3 95.4 106.8 116.2 67 123.4 76 4 3 99.2 105.9 114.9 230 166.0 21 212.3 7 1 ✓ 99.0 114.3 125.0 26 97.1 106.4 108.2 250 123.8 234 122.8 167 1 3 97.5 103.6 113.2 49 134.8 46 79.1 44 1 ✓ 99.3 118.2 126.2 1 169.0 1 186.0 5 ✓ 4 98.8 108.5 68 118.7 38 174.4 39 2 3 94.0 97.1 110.4 126.8 78 138.4 34 165.4 10 2 3 95.0 97.6 102.0 51 107.4 63 2 2 93.2 95.4 102.9 50 106.8 28 3 3 95.3 99.2 105.1 38 119.8 26 212.7 3 3 4 98.6 112.9 125.5 10 174.4 1 196.2 4 ✓ ✓ 97.9 113.6 123.5 33 146.8 13 4 ✓ 96.8 110.2 127.5 19 153.5 5 177.0 2 ✓ 4 94.5 107.9 27 97.0 23 1 2 93.5 97.6 112.2 127.3 22 143.3 19 148.7 9 4 4 97.1 99.1 99.2 74 104.7 72 2 3 97.2 118.0 129.1 23 153.1 9 175.5 14 ✓ ✓ 97.9 114.0 120.0 147 4 4 101.0 114.9 115.7 1 98.3 112.1 114.0 201 133.3 113 ✓ 3 97.8 116.8 126.6 43 151.9 11 175.4 15 ✓ ✓ 106.4 122.8 121.8 44 128.2 21 1 3 97.0 111.0 120.7 130 150.2 76 166.1 31 4 ✓ 99.0 124.1 126.8 23 97.2 107.1 111.3 16 127.5 8 179.4 13 3 ✓ 97.7 115.9 132.8 7 93.5 103.6 113.3 203 119.1 176 2 1 95.2 107.3 117.6 28 130.6 35 4 3 93.5 104.1 114.9 76 96.3 105.2 113.6 25 126.3 25 ✓ 4 95.4 108.0 122.6 105 147.9 86 156.9 44 4 4 97.7 92.2 97.8 101.6 106.8 136 100.0 100.0 100.1 4 100.8 3 95.5 99.0 110.7 6 124.0 8 148.0 5 4 ✓ 95.4 112.2 130.9 53 129.5 68 127.4 56 2 2 97.3 116.4 120.1 143 154.8 6 204.0 2 ✓ ✓ 96.5 112.6 118.5 167 138.1 67 158.9 33 3 ✓ 96.1 107.7 115.9 70 132.3 33 3 ✓ 96.4 107.2 114.6 73 129.1 43 3 3 96.8 102.3 107.8 104 119.9 68 2 ✓ 96.1 104.0 112.1 48 124.3 42 4 ✓ 91.6 96.4 111.5 19 108.4 9 4 2 100.2 106.0 102.2 134 100.0 99 3 2 94.1 100.2 110.6 17 95.5 97.4 108.3 92 97.1 107.7 112.2 108 125.6 74 144.1 17 2 1 96.9 107.7 108.7 95 107.1 113 1 ✓ 91.6 99.0 110.4 22 98.4 19 183.5 10 4 2 91.3 104.6 129.4 1 97.0 103.0

91.1 91.8 99.4 61 85.8 46 1 2 93.1 110.1

96.0 110.0 125.4 86 128.3 73 1 4 93.5 105.7 124.3 92 116.2 90 143.9 26 1 3 92.2 105.9 93.8 110.2 110.9 211 109.0 181 1 3 95.8 112.6 120.2 35 95.4 106.5 111.6 96 116.3 92 131.8 47 1 1 97.3 111.6 112.6 207 113.4 179 136.2 86 1 2 97.3 114.9 93.6 103.6 114.8 13 112.2 8 4 ✓ 96.4 108.9 112.5 92 137.7 68 137.4 34 1 ✓ 91.6 92.9 104.1 122 77.5 144 2 1 97.8 123.5 137.9 2 123.3 38 170.5 1 1 1 91.0 89.6 99.8 154 102.0 90 ✓ 2 97.1 113.5

96.4 110.7 118.3 64 139.3 64 145.3 24 2 ✓ 97.6 100.1 108.5 91 100.7 96 150.2 26 4 1 98.9 101.9 92.6 104.4 113.7 57 112.3 61 2 3 96.4 111.4 117.8 167 133.2 215 138.7 93 1 3 96.4 106.2 113.7 12 99.6 111.5 131.3 41 193.5 2 4 ✓ 97.7 114.6 126.2 71 159.5 34 ✓ ✓ 98.1 120.4 121.8 70 96.5 123.5 126.4 27 139.9 77 192.1 1 1 3 95.9 105.5 111.6 95 132.9 26 133.2 45 4 1 96.5 108.3 112.8 88 124.0 75 138.0 33 94.8 105.0 116.9 15 156.7 1 254.5 5 ✓ ✓ 96.6 106.3 110.5 124 126.9 65 137.0 28 4 ✓ 95.7 107.5 111.6 113 121.7 102 156.5 7 2 3 96.8 109.2 114.8 77 129.5 44 143.9 22 ✓ 3 96.2 109.8 125.6 85 126.3 78 130.2 53 1 2 96.8 99.2 107.4 27 119.5 37 125.4 41 3 ✓ 93.9 99.9 96.4 110.7 126.0 81 125.3 82 1 2 97.2 113.6 118.9 159 138.2 66 183.1 10 ✓ ✓ 96.7 111.4 117.1 22 146.4 3 182.5 1 4 ✓ 97.1 118.2 125.2 58 138.0 68 145.0 65 4 4 98.1 99.7 105.0 45 115.0 16 152.9 12 ✓ ✓ 97.8 100.8 111.9 10 121.6 15 140.7 13 2 3 97.2 115.9 121.2 121 139.9 58 155.8 40 4 ✓ 95.6 109.8 115.2 84 137.0 69 130.7 43 2 ✓ 97.5 114.6 119.6 31 127.0 61 142.6 23 ✓ ✓ 98.5 98.9 97.2 82 106.1 67 160.2 29 1 4 96.6 111.9 119.5 13 135.3 10 148.8 16 4 3 96.6 112.3 119.9 26 135.3 22 140.2 29 4 ✓ 96.6 104.1 111.0 63 96.9 109.2 114.4 80 129.6 43 146.1 16 ✓ 3 96.2 109.2 116.4 63 132.8 28 158.3 5 4 ✓ 96.3 109.1 116.2 69 132.5 32 157.2 6 4 ✓ 93.9 104.2 114.0 31 118.3 41 193.9 24 3 3 97.6 117.6 130.7 3 147.3 3 204.8 1 ✓ 2 96.1 102.9 107.7 106 120.5 62 126.6 36 2 ✓ 95.9 102.4 106.9 115 118.2 82 2 ✓ 96.5 102.4 104.3 51 114.4 18 157.2 5 3 4 94.9 108.1 117.9 165 132.2 219 148.8 64 2 4 95.4 111.6 120.8 126 139.6 158 164.2 32 3 ✓ 98.0 101.4 110.8 51 135.3 45 134.6 37 1 4 95.1 104.5 111.7 94 125.5 70 2 2 95.5 103.7 110.0 128 125.4 80 3 3 96.3 103.1 107.8 105 121.9 52 3 4 100.0 99.6 99.8 153 99.6 100 92.1 94.7 104.8 41 107.2 26 4 2 96.3 96.4 100.2 55 115.2 43 132.2 19 4 ✓ 95.5 108.8 117.3 183 122.5 170 136.5 84 2 4 96.5 107.5 117.3 76 146.2 42 3 ✓ 95.1 107.5 117.5 175 141.2 141 130.9 136 3 ✓ 92.2 105.5 122.5 5 131.3 12 226.7 10 ✓ 3 95.3 99.4 110.7 7 125.5 4 129.8 34 ✓ ✓ 94.9 111.4 131.3 50 138.6 30 142.3 31 4 2 97.3 125.0 136.6 5 167.3 1 152.5 47 ✓ 4 96.5 98.6 99.8 68 109.0 55 174.2 15 4 ✓ 103.0 132.0 129.4 10 148.2 3 120.5 10 ✓ 3

www.moneyobserver.com | August 2013

1 1 1 1 4 2 3 3 1 3

2

1 2 1 1

1 2 3

4 2 3 2 1 1 1 2 3 3 2 2 4 3 1 4 1 1 1 1 3 3 3 4 3 4 3 1 1 3 3 3 2 4 3 3 3 3 ✓ 3 3 4 ✓ 3 ✓ ✓ 3 3 2 2 3 4 4 4 4 4 3 2 1 2

63

INVESTMENT INVESTMENTFUNDS FUNDSALPHABETICAL ALPHABETICAL

As atAs 1 September 2012 at 1 July 2013

How each fund has performed over five periods – plus rankingS and RATINGS

Return on £100 after:

Sec- tor

Old Mutual Mgd A K Old Mutual Mnthly Inc Bd A F Old Mutual Nth Amer Eq A U Old Mutual UK Eq A A Old Mutual UK Eq Income A B Old Mutual UK MidCap A A Old Mutual UK Sm Cos A C OM Artemis Income A Inc B OM Artemis Strategic Bnd A Inc F OM Artemis UK Specl Sits A A OM Blackrock Gold & Gen A P OM Blackrock UK Sp Sits A A OM Bond 1 A GBP Inc F OM EM Dbt S GBP Inc * N OM Ethical A GBP • M OM European Equity S GBP * V2 OM Fidelity Global Focus A M OM Fidelity Strategic Bd A Inc F OM Gilt A GBP D OM Glo EM S GBP * O OM Glo Eq Abs A GBP Hdg * OM Glo Eq Income A GBP Inc M1 OM Glo Strat Bd A GBP Hdg Inc * N OM Global Best Ideas A GBP L OM Global Bond S GBP Inc * N OM Global Prop Sec A GBP Inc Z OM Greater China Eq S GBP * S OM Healthcare A GBP Inc * P OM Henderson China Opps A S OM Henderson Eupn Gro A V OM Japanese Equity S GBP * R OM JPM Emerging Markets A O OM JPM Natural Resources A P OM Newton Global Hi Inc A Inc M1 OM Newton Higher Income A Inc B OM Newton Managed A GBP K OM Property A GBP Z OM Schroder Tokyo A R OM Schroder US Mid Cap A U OM Threadneedle Am Sel A U OM Threadneedle Eurn Sel A V OM Threadneedle HY Bd A Inc G OM UK Dynamic Eq A GBP Inc * A OM UK Index A GBP A OM UK Sm Cos Focus A GBP Inc * C OM UK Stratc Best Ideas A GBP A OM US Large Cap Gr S GBP * U OM US Large Cap Val S GBP * U OM Voyager Alt Inv A GBP OM Voyager Diversified A GBP J OM Voyager Glo Dyn Eq A GBP M OM World Equity S GBP * M P-Solve Inflation Plus A * L Pacific Rim Eq RA USD * T Pacific Tiger A GBP * T PFS Balanced A J PFS Chelverton UK Eq Inc I B PFS Downing Active Mgmnt A C PFS Hawksmoor Dist A K PFS Pan Defensive A N PFS Somerset EM Small Cap O PFS Taube Global M PFS TwentyFour Mon Bd A P PFS TwntyFour DynBd A F Phoenix Hawksmoor Vanbrugh AIn J Pictet-Agriculture-P dy GBP * P Pictet-Asian LC Dbt-Pdy GBP * N Pictet-Biotech-P dy GBP * P Pictet-Clean Energy-P dy GBP *• P Pictet-Digital Comm-P dy GBP * Q Pictet-Eastern Europe-P dy GBP * P Pictet-Em LoCur Debt-P dy GBP * N Pictet-Generics-P dy GBP * P Pictet-Gl EmgDebt-P dy USD * N Pictet-Gl Megatr Sel-P dy GBP * M Pictet-Greater China-P dy GBP * S Pictet-High Div Sel-P dm GBP * M1 Pictet-Indian Eqs-P dy GBP * P Pictet-JapEq Opp-P GBP * R Pictet-Latam LC Dbt-P dy GBP * N Pictet-Prem Brands-P dy GBP * P Pictet-Russian Eq-P dy GBP * P Pictet-Security-P dy GBP * P Pictet-Timber-P dy GBP * P Pictet-Water-P dy GBP *• P Polar Capital EM Cl R GBP * O Polar Capital EM Cl R USD * O Polar Capital FnlOpps RGBP Inc * P Polar Capital Glb Tech R GBP * Q Polar Capital Health Opp R GBP * P Polar Capital Japan R GBP * R Polar Capital Nor Am R GBP Inc * U Practical Investment Inc K Premier China Entpse A Net S Premier ConBrio B.E.S.T I B Premier ConBrio Mgd Mlt-At R A J Premier ConBrio UK Opps A A Premier ConBrio UK SmCom A C Premier Consvtv Grt E Net J Premier Corp Bd M In A Net In E Premier Diversified A Net Inc L Premier Ethical A Net Inc • A Premier Gbl Alpha Grt A Net M Premier Gbl Pwr&Wtr A Net In M1 Premier Gbl Strat Grt A Net In M Premier Inc A Net Inc B Premier Lbrtn Abs Grt A Premier Monthly Inc A Net Inc B Premier Mti Ast I&Grt A Net In K Premier Mti Ast M In A Net J Premier Mti-Ast Dist A Net J Premier Optm In A Net In V2 Premier Pan Euro Prop A Net In Z Premier Snfrd DLnd Bftlgy Gen A Premier St High In Bd A Net In F Premier UK Grt A Net Inc A Premier UK Mid 250 A Net Inc A Premier UK Money Mkt A Net X Premier Worldwide Grt A Net In L Principal GI Asian Eq AAccUSD * T Principal GI Em Mkts AAccUSD * O Principal GI Europ Eq AAccUSD * V2 Principal GI Global Eq AAccUSD * M Principal GI Japan Eq AAccUSD * R Principal GI Pref Sec A Inc * N Principal GI US Eq A USD * U Pru Adventurous Pf A Inc L Pru Balanced Pf A Inc K Pru Caut Mgd Grth A J Pru Cautious Growth Pf A Inc J Pru Cautious Pf A Inc J Pru Defensive Pf A Inc I Pru Mgd Defensive A I PSigma American U

64

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

4275.1 1.3 63.8 4.6 506.7 416.2 1.0 2277.5 4.0 226.2 0.4 251.3 0.1 102.4 99.2 101.8 76.0 99.2 44.5 3.4 1011.0 4.1 72.9 1309.9 99.7 95.7 71.2 1.4 951.7 130.8 53.8 2.7 99.2 0.0 78.3 982.8 2.3 35.6 1.4 1107.1 1415.8 0.8 96.9 101.6 1234.2 93.7 86.9 98.4 99.4 84.2 1.1 47.3 5.6 107.5 105.9 102.6 99.3 97.6 220.3 112.7 4.3 625.5 0.3 68.3 1300.9 1369.2 47.9 0.2 93.9 0.7 86.6 0.3 1195.4 154.0 1.0 5292.4 1175.0 103.8 0.9 86.3 4.6 105.2 119.6 101.8 2.4 62.7 113.5 0.7 1157.6 2.6 1192.0 5.4 169.4 0.8 12791.0 8326.0 2.7 28803.0 4479.0 10494.0 28582.0 1.1 9103.0 4.6 10681.0 11313.4 4.6 11328.0 23076.0 0.6 9292.0 3.5 18461.0 4287.0 6904.0 5.5 9755.0 3910.0 0.6 9293.0 8519.0 0.1 14970.0 0.4 618.0 712.0 681.0 1069.0 1445.0 1028.0 873.0 188.0 3.5 171.4 71.9 5.0 194.6 306.0 1.2 292.9 0.1 60.3 79.8 3.9 102.7 193.2 1.5 115.6 0.2 96.6 3.0 265.4 0.4 605.0 4.5 10475.0 172.4 4.7 115.4 2.5 162.5 4.6 247.7 4.3 101.3 7.4 46.4 3.3 135.6 87.3 3.9 146.7 1.4 533.8 1.1 127.9 0.4 117.6 0.6 2220.6 2737.5 4021.9 2645.9 501.1 574.3 5.0 1142.6 131.9 0.4 126.5 0.7 128.7 1.5 123.4 1.1 119.5 1.3 115.0 1.5 137.9 1.7 124.2 0.0

97.8 113.2 123.8 2 145.2 3 150.3 9 ✓ 2 95.7 99.3 112.7 11 119.1 30 119.7 34 ✓ ✓ 98.3 127.1 130.2 9 172.0 2 158.7 31 ✓ ✓ 96.5 111.7 126.5 69 157.5 43 139.2 91 ✓ 3 97.0 114.9 128.3 13 162.6 8 149.8 21 ✓ 4 97.5 118.2 139.2 11 178.9 9 206.1 8 3 4 98.1 114.6 131.4 22 176.0 17 208.5 7 3 ✓ 96.6 97.5 98.3

77.6

95.8 97.7 99.9 112.9 10 116.9 40 121.7 32 1 3 94.3 95.7 101.0 58 122.2 17 96.3 118.3 130.9 15 133.8 110 129.2 106 4 2 95.6 111.2 126.3 27 139.2 24 96.4 96.4 97.3 96.3 96.6 17 113.3 13 134.0 12 2 4 93.0 99.4 109.5 20 101.1 115.8 114.2 8 132.7 5 ✓ ✓ 95.1 105.1 114.9 25 96.7 95.3 97.2 84 96.5 112.2 125.2 8 143.8 5 144.9 20 ✓ 4 98.8 98.8 97.9 78 107.2 64 96.4 102.9 114.8 13 133.0 15 72.6 18 1 3 93.3 100.4 110.2 23 112.5 7 95.5 123.9 121.5 27 93.5

96.6 104.0 127.3 127.2 16 129.6 18 94.4

85.6

96.6

95.5

96.2 107.4 114.3 83 123.6 92 141.1 20 2 2 99.9 101.0 101.5 28 105.6 28 83.0 14 102.9 98.7

97.3 97.5

97.5 97.0 118.5 137.3 16 185.5 7 ✓ 3 95.0 108.4 117.5 177 139.9 157 132.1 132 3 4 97.5 114.5 131.6 20 182.4 8 216.4 5 4 ✓ 97.4 108.0 122.5 107 144.0 117 3 ✓ 96.7 118.2 116.6 86 141.9 71 97.4 123.7 124.8 41 149.7 47 96.5 99.8 101.8 60 100.8 54 2 ✓ 96.1 105.2 115.4 13 125.8 28 133.3 20 4 2 94.4 107.0 120.1 144 126.0 158 2 3 96.1 111.4 117.9 175 129.5 141 96.9 104.1 108.2 107 110.1 100 135.2 41 1 2 92.9 93.4 105.9 73 107.4 58 180.0 36 1 1 93.8 104.7 114.5 28 96.6 103.1 108.4 99 108.5 112 1 2 98.7 117.0 139.3 1 171.4 2 ✓ ✓ 98.3 109.3 120.8 41 134.7 47 ✓ 3 95.8 108.9 122.0 7 97.2 99.1 104.6 39 93.6 102.5 116.6 4 98.7 105.6 105.2 217 106.3 184 1 ✓ 99.2 100.8 110.8 77 109.9 70 2 ✓ 97.2 100.1 112.5 12 119.3 29 4 4 96.4 105.1 113.3 28 122.2 50 3 4 96.5 107.0 112.7 65 126.2 28 1 3 95.7 100.2 101.8 52 110.4 47 1 4 95.7 130.5 126.9 14 177.2 3 1 3 97.6 115.0 118.3 39 95.5 113 1 2 99.1 118.6 120.5 3 143.3 3 4 ✓ 94.0 97.3 111.8 70 103.3 86 3 1 95.8 98.5 103.1 44 111.8 43 3 2 100.0 114.3 121.3 28 118.7 50 1 ✓ 95.6 99.8 105.2 37 119.0 29 217.6 2 3 4 97.3 115.0 121.2 125 136.0 90 3 ✓ 93.0 101.4 112.1 18 114.4 5 4 3 97.7 116.3 119.7 15 133.7 16 4 ✓ 93.1 96.9 107.2 98 75.6 145 2 1 101.3 125.9 125.0 25 95.4 98.9 100.2 67 110.9 44 1 96.9 114.4 126.3 15 158.2 6 3 2 98.3 97.4 106.4 102 97.3 106 3 1 98.0 114.1 120.5 32 142.8 10 4 4 96.5 110.5 128.6 13 135.5 18 2 2 95.6 111.7 115.3 47 137.2 15 4 ✓ 94.1 98.6 108.4 25 94.2 101.7 113.2 11 94.3 111.8 124.5 20 99.1 114.5 116.7 5 142.2 5 4 2 101.0 131.0 139.3 2 185.0 2 ✓ ✓ 100.2 123.1 120.5 48 127.5 23 4 2 99.3 122.1 125.1 39 96.7 111.6 123.9 1 154.5 1 151.6 8 ✓ 4 92.1 98.2 112.4 17 99.4 18 142.4 14 2 1 96.9 108.8 117.6 69 131.7 75 101.0 62 1 ✓ 98.5 101.0 104.3 137 4 ✓ 96.4 108.7 121.2 120 139.2 163 2 3 99.5 106.1 119.1 45 164.5 29 1 ✓ 98.5 102.6 108.5 97 97.3 101.8 112.6 4 117.4 55 120.8 52 1 4 94.8 98.5 111.4 99 97.4 114.4 133.4 24 152.9 63 144.8 71 ✓ 4 94.5 115.4 123.3 84 133.1 117 3 3 97.0 113.5 118.1 18 94.9 114.8 121.4 119 129.9 140 138.1 81 3 1 96.7 113.7 124.8 27 147.5 38 139.1 30 3 ✓ 98.7 102.5 107.7 32 119.0 9 1 ✓ 96.8 113.1 126.4 19 150.0 33 136.9 37 3 ✓ 95.5 109.8 122.0 8 133.4 18 ✓ 3 96.6 107.4 118.5 5 134.3 6 ✓ ✓ 97.1 107.8 118.0 8 133.2 10 124.6 40 ✓ 4 98.2 108.9 123.0 34 135.7 27 3 ✓ 95.0 106.2 122.0 4 139.8 12 96.0 7 2 4 99.8 115.6 137.1 17 98.2 103.0 115.1 6 108.3 53 120.5 33 1 2 96.8 106.1 116.7 197 138.4 172 1 4 97.4 106.5 126.1 72 148.3 84 154.2 53 1 3 100.0 100.1 100.4 2 101.7 2 115.0 2 95.3 111.9 126.4 6 92.4 102.2 114.2 30 128.1 18 196.7 23 ✓ 3 91.5 93.9 104.1 46 107.3 25 163.2 15 4 2 96.1 112.6 128.5 13 139.6 23 133.1 16 3 2 96.8 115.5 121.4 118 144.3 34 134.7 93 4 ✓ 101.8 123.8 122.4 39 128.8 20 95.1 32 4 3 96.4 108.0 114.0 9 131.3 6 172.6 16 ✓ 4 96.8 120.9 123.4 55 152.4 34 153.0 38 4 4 95.6 108.1 117.8 49 130.7 40 4 2 95.9 106.2 114.9 64 127.8 51 4 3 97.5 105.5 112.6 39 126.6 24 4 3 96.0 104.2 113.0 30 125.8 27 4 4 96.3 103.0 110.7 69 121.7 55 3 ✓ 96.4 100.9 108.5 7 117.8 9 3 ✓ 97.6 102.5 109.1 3 119.5 7 2 ✓ 96.0 115.2 115.5 88 140.5 76 2 3

August 2013 | www.moneyobserver.com

3 1 3 2 1 2 1

2

3 2 1 2

1 1 1 1 2 2

4 1 1

2 2 2 1 2 2 2 2 3 2 3 2 2 3 2 3 3 2 2 2

4

✓ 2 1 1 1 1 3 2 ✓ 3 4 1 2 2 1 1 1 1 4

1 1 3 1 1 1 3 3

Return on £100 after:

Source: Lipper Sec- tor

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

PSigma Dyn MA K 132.3 0.8 96.3 105.0 111.3 116 121.3 105 3 4 94.6 106.3 116.6 189 Psigma Global Eq M 107.1 0.9 PSigma Income R B 103.4 4.1 95.9 110.0 114.9 86 140.5 60 2 ✓ PSigma UK Growth A 134.5 2.1 95.3 106.0 111.8 242 127.8 228 1 4 Purisima Glbl Total B M 136.3 0.5 96.6 115.8 120.5 138 133.2 115 134.4 94 1 1 Querns Monthly Income Net B 142.6 4.3 96.5 111.3 127.1 18 R & M Global Equity A M 132.8 0.7 97.0 114.6 124.0 70 136.0 88 3 4 R & M Global High Inc A M1 112.3 3.5 98.2 114.1 122.5 10 136.0 13 2 4 R & M Global Opps A M 126.6 0.4 97.5 112.2 120.5 137 123.6 168 2 3 95.2 111.2 128.7 55 152.8 64 ✓ ✓ R and M UK Eq Unconstr A A 107.4 1.1 R&M UK Eq Long Term Rec A A 170.2 0.3 95.9 117.3 142.4 7 157.8 40 2 2 R&M World Recovery B Inc P 273.9 96.6 95.7 112.1 122.3 34 149.5 34 143.2 26 4 ✓ Rathbone Bl Chp Inc & Gth Inc B 138.6 3.6 Rathbone Ethical Bond • E 148.4 6.3 96.5 99.7 113.4 2 125.7 3 133.1 22 4 ✓ Rathbone Global Opportunities M 103.3 97.4 112.8 119.5 152 145.6 26 166.3 26 ✓ ✓ Rathbone Income Inc B 754.4 3.6 96.8 113.2 125.4 24 156.7 11 136.5 38 4 ✓ Rathbone Recovery Inc A 349.8 1.1 95.8 110.2 119.5 147 152.3 67 4 ✓ Rathbone Stratc Bd F 110.1 4.6 97.2 100.7 107.3 36 Rathbones Dragon Trust Inc L 121.6 1.6 94.4 103.7 106.4 111 122.4 78 138.1 32 3 95.4 105.4 114.8 67 127.2 61 130.8 47 3 2 RBS Balanced K 309.7 1.9 RBS Balanced Inc K 258.6 1.9 95.3 105.4 114.8 69 127.2 60 130.9 46 3 2 RBS Equity Income B 295.5 3.7 96.7 111.7 122.2 35 156.5 12 161.1 12 ✓ ✓ RBS Extra Income E 99.6 2.9 96.0 98.5 106.5 40 121.0 22 130.8 28 4 ✓ RBS FTSE 100 Tkr Std • A 252.3 2.7 94.9 107.3 115.0 229 136.8 190 128.1 154 2 4 RBS Growth A 264.7 2.3 97.0 109.2 117.4 179 146.4 99 158.6 41 3 ✓ 96.3 100.4 111.0 15 126.7 8 138.3 10 4 ✓ RBS High Yield F 114.3 3.6 RBS International Growth M 347.6 0.1 96.8 115.3 119.1 155 137.3 77 144.6 67 3 4 RBS Stakeholder Investment 5 J 150.7 1.6 96.1 102.8 107.4 109 126.3 26 134.2 16 ✓ 4 Resilient 4 A J 102.5 1.0 96.2 102.7 107.9 103 114.4 97 2 4 94.9 102.9 110.8 122 121.1 107 4 4 Resilient 5 A K 113.0 1.1 Resilient 6 A L 115.8 0.9 95.1 104.1 110.9 100 120.6 82 2 3 River & Merc UK Eq HiAlpha A A 121.4 1.3 95.3 111.6 131.5 40 152.6 66 3 3 97.0 115.6 147.2 2 178.7 14 3 ✓ River and Merc UK Eq Sm Cos A C 154.4 0.6 River and Mercantile UK Eq A B 167.6 3.4 96.3 111.5 128.0 15 150.4 31 3 4 RL Asia Pac ex Jap Tracker Z T 368.8 1.8 94.6 100.6 112.0 48 120.8 32 193.9 25 3 2 RL Euro Corp Bond Z N 112.6 98.3 105.0

RL Global High Yield Bd Z Inc * G 98.4 97.6 RL Japan Tracker Z R 150.9 1.1 103.7 122.7 122.9 36 125.1 32 117.5 14 2 2 RL ShrtDurGlo HiYield Bd Z * G 100.6 99.0

Rothschild BPM Investment L 4 2 Rothschild PIC Preferred Inc F 1044.0 2.5 98.2 100.1 105.0 44 110.3 51 134.3 15 3 ✓ Royal London Corporate Bond A E 90.0 4.2 95.9 99.3 108.7 14 124.8 6 132.9 23 ✓ ✓ Royal London Ethical Bond • E 99.6 3.8 95.9 99.0 108.1 20 124.9 5 ✓ ✓ Royal London European Growth A V 571.4 1.6 95.4 111.6 132.0 43 132.3 57 143.3 29 2 1 Royal London European Inc V 104.9 3.3 95.8 112.4 130.5 55 135.3 45 3 2 119.1 2.9 94.5 108.6 118.2 161 142.4 131 3 4 Royal London FTSE350 Tracker Z • A Royal London Glbl Ind Lkd Inc N 110.5 0.7 96.2 95.0 97.7 79 112.4 41 4 ✓ Royal London Index Linked A D1 184.0 0.6 96.1 100.7 102.6 7 128.3 5 162.0 5 4 Royal London Short Term MM X1 98.3 0.6 100.0 100.0 100.1 5 100.7 5 111.8 4 Royal London Stlg Ext Yld Bd A * F 108.4 6.1 97.2 104.8 119.4 2 144.8 1 139.1 9 ✓ ✓ Royal London UK Equity A A 791.5 1.8 95.5 108.1 115.1 228 137.5 182 136.1 112 2 4 Royal London UK Equity Inc A B 588.5 3.7 96.8 114.0 127.8 16 165.9 6 162.3 11 ✓ ✓ Royal London UK Governmnt Bd A D 83.7 2.6 97.5 96.6 96.9 14 113.4 11 139.7 6 2 ✓ Royal London UK Growth A A 230.4 1.4 95.1 106.9 115.3 224 134.9 207 134.9 117 2 3 Royal London UK Mid-Cap Growth A 237.0 0.8 97.6 117.5 132.6 32 178.1 10 235.7 4 4 4 Royal London UK Opps A A 131.8 1.3 96.1 111.9 118.6 155 135.9 200 2 4 Royal London UK Smaller Co A C 124.0 0.9 98.7 112.3 128.6 31 168.2 27 2 ✓ Royal London US Tracker Z • U 161.4 1.1 97.5 123.1 126.5 26 160.1 13 ✓ ✓ RWC Cautious ARC A GBP * 52773.9 99.8 99.1 98.9 68 98.6 55 2 ✓ RWC Enhanced Income A GBP * P 10905.0 98.9 107.9 112.0 68 RWC Europe Abs Alpha A GBP * 11620.8 100.6 108.5 112.3 18 RWC Gl Gth Abs Alpha A GBP * 11097.4 101.3 101.5 106.2 36 117.0 11 3 ✓ RWC Global Convertibles A GBP * P 63158.6 97.8 106.1 111.9 69 119.8 48 3 4 RWC Income Opps A GBP * P 11264.2 98.6 111.0 113.0 61 RWC US Absolute Alpha A GBP * 11187.8 98.8 103.5 111.9 20 114.5 17 ✓ S&W Aubrey Global Conviction M 143.8 97.0 112.1 118.8 160 135.4 96 2 4 S&W CH Balanced Val & Inc Inc B 157.9 3.0 96.8 108.0 116.1 80 143.1 48 124.2 54 ✓ 3 S&W CH Inv Grade Fxd Int Inc E 110.3 3.1 96.4 99.3 106.4 41 118.8 44 146.2 7 2 ✓ S&W CH UK Mgd Grth Inc L 121.7 1.1 96.7 112.0 121.9 20 141.9 7 141.3 26 3 ✓ S&W Deucalion L 1799.0 0.7 98.2 110.2 119.1 34 127.7 55 131.1 48 3 2 S&W Enterprise E * 109.7 99.9 103.3 110.6 22 113.4 23 3 4 94.0 109.1 131.9 45 127.6 75 134.9 39 2 1 S&W European Growth Trust V 409.1 1.1 S&W Far Eastern Grwth Trust T1 396.2 1.1 94.3 111.7 119.2 5 126.3 5 179.9 5 ✓ 4 S&W Fixed Interest Trust E 118.9 3.3 93.9 95.5 100.5 70 119.8 31 137.4 14 2 ✓ S&W Glbl Gold & Res Inc P 170.1 78.4 57.7 61.0 189 51.8 152 100.1 61 3 1 94.9 105.7 112.1 109 122.5 99 137.1 27 3 3 S&W MM Endurance Blncd K 188.8 0.9 S&W MM Glbl Investment M 1948.0 1.3 96.3 109.5 118.7 161 127.9 153 118.5 124 1 ✓ S&W MM MM Cautious Growth * P 1622.8 98.8 103.6 109.3 85 124.1 33 129.2 41 3 ✓ S&W Nrth American Trust U 1472.0 98.7 123.4 125.8 29 150.0 45 166.5 22 3 ✓ S&W Opportunities A 1217.0 1.7 96.2 110.1 119.6 144 137.7 178 121.2 173 2 4 90.4 102.1 115.1 25 125.5 24 ✓ 3 S&W Oriental Growth T 132.4 1.6 S&W Revera UK Dynamic A 132.4 0.9 96.9 114.7 134.1 21 151.5 72 4 4 S&W Saltus Mlt Asset Class Inc 61.8 1.8 97.0 104.5 110.1 24 106.7 35 2 ✓ S&W UK Eq Growth Trust A 314.2 1.0 96.5 107.6 116.6 200 131.5 222 135.9 113 1 4 S&W UK Eq Income Trust A Inc B 201.2 3.8 97.0 111.3 121.4 39 135.5 72 128.2 50 2 ✓ S&W UK Growth A 857.4 2.0 96.0 107.3 114.3 236 136.4 193 129.4 146 1 4 Sand Aire Fenix Balanced K 135.7 1.5 95.2 107.3 111.4 115 121.5 104 130.1 48 3 4 Sand Aire Investments - Cap M 338.0 0.9 97.7 111.1 116.7 188 123.2 169 138.6 79 2 ✓ Sand Aire Investments - Gen L 618.9 1.4 96.4 107.5 112.6 91 120.8 81 136.4 37 1 3 Sanlam Global Best Ideas A GBP * M 98.3 1.4 93.6 105.2 109.2 214 107.6 183 1 3 93.3 105.3 116.7 187 133.6 112 175.8 13 1 4 Sanlam Global Financial A GBP * M 126.9 Sant Global Shs Pfl Rtl M 234.5 0.6 95.1 109.9 118.5 166 125.8 159 3 4 Sant Int Shs Port L 236.1 0.7 95.5 109.2 118.3 40 127.6 56 3 4 Sant Inv Inc Pfl Inc E 159.0 3.4 95.5 97.3 104.7 62 117.6 51 2 ✓ Sant Inv Portfolio Retail F 209.0 2.2 96.5 97.8 103.6 48 118.2 34 3 ✓ Sant Max 50% Shs Pfl Rtl J 215.7 1.7 96.0 102.1 109.4 88 123.3 47 4 ✓ Sant Max 60% Shs Ic Pfl Rt A H 233.1 3.3 95.8 102.8 110.4 15 126.3 13 4 ✓ Sant Max 70% Shs Pfl Rtl K 225.3 1.3 96.1 105.6 113.6 94 125.9 70 4 4 Santander Corp Bd GBP Inst E 186.5 95.7 98.7 Santander Div Inc Pflo Inc B 152.2 4.5 95.4 105.9 113.9 89 Santander Enhanced Inc Pflo RI B 192.2 5.6 95.6 104.7 113.3 90 128.6 83 1 4 Santander Equity Inc Inc B 182.9 4.3 95.5 107.2 115.0 85 139.4 63 137.2 35 2 ✓ Santander Equity Income Pfl RA B 246.2 3.7 95.0 107.8 117.3 74 135.9 71 2 ✓ Santander Global Emer Shs Pflo O 162.2 90.2 92.9 103.1 49 102.1 35 4 2 Santander Max 70% Shs UT K 148.5 1.8 96.2 106.1 112.6 105 129.9 39 132.7 44 3 3 Santander MM Bal Intl TrkgRAcc K 234.0 0.8 95.5 108.1 114.8 68 131.1 32 134.1 35 3 3 Santander MM Bal R J 160.5 2.1 95.6 105.6 113.5 27 126.9 20 125.9 37 4 3 Santander MM Bd MthlyInc R F 128.9 2.6 96.3 98.1 103.5 49 116.8 42 117.8 35 1 ✓ Santander MM Caut R J 135.0 2.4 96.0 101.2 107.4 110 119.5 73 117.5 47 4 ✓ Santander MM Equity R M 181.1 1.1 95.1 110.5 120.7 135 132.0 124 126.4 114 3 4 Santander MM Growth R K 170.4 1.2 95.4 107.7 117.0 34 129.5 40 127.5 53 4 2 Santander N&P UK Growth A 159.7 2.3 95.0 107.6 113.5 239 136.9 189 137.1 104 2 4 Santander PF Eur (ex UK) Eq A V 233.4 1.5 95.9 111.3 134.0 25 130.5 61 133.1 44 2 1 Santander PF Japan Eq A R 137.4 0.7 100.4 120.6 120.8 47 121.5 44 92.8 35 3 2 Santander PF Pac (ex Jpn) Eq A T 455.2 1.4 93.4 99.8 110.6 59 119.3 37 180.8 35 3 3 Santander PF UK Eq A A 232.9 2.4 95.1 108.5 115.9 210 137.7 179 126.0 159 2 4 Santander PF US Eq A U 196.5 1.0 97.3 123.4 126.8 24 161.5 10 157.3 33 ✓ ✓ Santander Stkmkt Trk Gth • A 155.7 3.2 94.9 107.7 115.8 212 138.8 168 136.8 106 3 4 Santander UK Growth A 298.1 2.4 95.0 107.8 114.1 238 137.2 184 134.3 121 2 ✓ Saracen Global Inc and Gr M1 128.7 97.3 116.0 127.2 2 Saracen Growth Alpha A 268.1 97.0 108.8 120.8 125 147.9 87 116.6 187 3 4 Sarasin AgriSar AP P 123.0 1.0 95.7 107.7 114.0 56 126.5 27 2 4 Sarasin EquiSar SR A • M 117.8 1.9 97.7 118.8 124.6 60 Sarasin EquiSar SR H GBP A • M 114.7 1.9 97.7 114.4 123.7 76 Sarasin ES Glo Them A M 740.3 0.3 97.6 117.1 122.6 99 135.5 95 153.0 45 3 ✓ Sarasin ES GloThem GBP H A M 151.6 1.8 97.5 112.4 120.9 130 135.2 98 3 4 Sarasin ES IIID AP L 130.2 1.6 99.1 108.6 110.0 102 117.4 89 130.1 52 1 ✓ Sarasin ES UK Them A A 130.3 2.8 95.0 106.0 116.3 205 134.8 208 2 ✓ Sarasin ES UK Them Opp A A 136.2 0.2 94.2 107.6 123.3 94 137.2 185 2 4 Sarasin Global Div FoF A P 113.3 0.3 95.6 106.4 112.8 64 Sarasin Global Eqty FoF A P 121.5 95.1 111.3 120.7 31 Sarasin GloEqInc GBP Hdg A M1 151.7 4.5 97.7 108.4 115.4 24 136.4 12 2 ✓ Sarasin GS - Cautious AP J 124.3 2.2 97.3 104.5 110.6 71 119.9 69 128.9 32 2 4 Sarasin Intl Eq Inc A M1 153.8 4.4 97.7 112.7 117.5 20 138.6 8 154.7 3 3 ✓

2 1 3 3 2 2 1 1 3 1 3 3 2

3 2 4 3 1 1 2 3 2 2 4 4 2 3 3 3 3 ✓ 4

3 3 3 3 3 3 3 ✓ 2 1 2

4 3 4 3 2 4

3 2 3 2 4 3 3 1 3 1 2 4 4 4 2 4 4 4 3 4 4 4 4 ✓ 3 1 3 3 3 3 2 1 2 3 3

Money Observer’s 2013 Rated Funds highlighted

How each fund has performed over five periods – plus rankingS and RATINGS

Return on £100 after:

Sec- tor

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

Sarasin Sterling Bd A F 136.5 3.5 Schr GAIA Egert Eq A Dis * P 12945.0 Schr GAIA QEP Gl Abs GBP H A * 9885.0 Schroder Abs Bd A 98.9 2.1 Schroder Asian Alpha Pls A T 83.0 0.2 Schroder Asian Inc Max A T 68.6 6.7 Schroder Asian Income A T 303.1 4.0 Schroder Corp Bd A Inc E 40.5 4.1 Schroder Dynamic Multi Asset K 57.5 0.6 Schroder European Sm Cos Inc V1 393.6 0.3 Schroder Europn Alpha Plus V 134.4 0.3 M 63.8 Schroder Gbl Climate Chg A • Schroder Gbl Eq Income A M1 59.5 3.9 Schroder Gilt & Fxd Int A D 181.6 3.0 Schroder Gl Prop Inc Max A Z 59.1 6.4 Schroder Glo Alpha Pls A M 59.5 0.2 Schroder Global Em Mkts A O 135.0 0.5 Schroder Global Prop Sec A Z 79.3 0.6 Schroder Income A B 6292.0 3.4 Schroder Income Maximisr A B 80.1 3.9 Schroder Japan Alpha Pls A R 66.8 Schroder Mgd Mth Hi Inc A J 57.1 Schroder MM Caut Mgd Pfl A J 66.6 2.2 Schroder MM Hi Alpha L 80.7 Schroder MM Strat Bal Prt K 200.2 0.4 Schroder Mthly Hi Inc A G 96.5 4.1 Schroder QEP GloActvVal A M 67.4 Schroder Recovery A Inc A 8967.0 1.4 Schroder Sec-Dis 2032 A P 52.0 Schroder Small cap Disc A P 56.0 Schroder Strategic Bd A F 54.5 Schroder Tokyo A R 218.2 0.5 Schroder UK Alpha Plus A A 156.5 Schroder UK Core A A 59.3 2.7 Schroder UK Equity Inc A 677.2 0.6 Schroder UK Mid 250 Inc A 157.2 0.8 Schroder UK Small Cos C 1605.0 Schroder US Alpha Plus A U 66.0 Schroder US Mid Cap A U 72.1 Schroder US Small Cos A U1 1540.0 Scot Mutual Cautious I 165.6 3.6 Scot Mutual European V 1406.9 1.6 Scot Mutual Far East T 509.8 1.4 Scot Mutual Growth K 150.3 2.8 Scot Mutual Intntnl Growth M 484.4 0.6 Scot Mutual North America U 1076.8 0.6 Scot Mutual Opportunity M 136.6 2.8 Scot Mutual UK All Share • A 226.2 3.3 Scot Mutual UK Equity A 958.7 1.1 Scot Mutual UK Stockmarket A 246.3 3.5 Scot Wid HIFML Abs Return 1 66.1 1.3 Scot Wid HIFML Adventurous 1 L 87.2 0.8 Scot Wid HIFML Balanced 1 K 81.1 1.1 Scot Wid HIFML Cautious 1 J 74.7 1.7 Scot Wid HIFML Corp Bond 1 E 68.6 3.3 Scot Wid HIFML Defensive 1 J 69.4 0.9 Scot Wid HIFML Dvsfd Income 1 J 56.3 5.9 Scot Wid HIFML Dvsfd Return 1 J 58.9 0.7 Scot Wid HIFML Dyn Return 1 L 64.2 0.1 Scot Wid HIFML Em Mkts Focus 1 O 90.0 0.8 M 89.3 Scot Wid HIFML Ethical 1 • Scot Wid HIFML Euro Focus 1 V 128.9 0.1 Scot Wid HIFML Euro Spc Sits 1 V 87.2 0.8 Scot Wid HIFML Euro Stratc 1 V 98.4 1.5 Scot Wid HIFML European 1 V 83.3 1.9 Scot Wid HIFML Far Eastern 1 T 118.7 2.0 Scot Wid HIFML FE Focus 1 T 117.9 0.7 Scot Wid HIFML Intl Fixed Inc1 N 56.4 Scot Wid HIFML Intl Growth 1 M 93.8 0.1 Scot Wid HIFML Japanese 1 R 72.2 1.2 Scot Wid HIFML Jpn Focus 1 R 76.7 Scot Wid HIFML North Amer 1 U 103.0 1.0 Scot Wid HIFML Sm Cos 1 C 113.2 1.3 Scot Wid HIFML Spc Sits 1 A 86.1 1.7 Scot Wid HIFML UK Equity Inc 1 B 86.1 3.7 Scot Wid HIFML UK Focus 1 A 128.7 1.1 Scot Wid HIFML UK Gilt 1 D 59.1 0.7 Scot Wid HIFML UK Growth 1 A 93.8 2.4 Scot Wid HIFML UK Hi Inc 1 B 80.8 4.0 Scot Wid HIFML UK Idx Lnk Glt1 D1 79.3 0.5 Scot Wid HIFML UK Property 1 Z 71.3 2.3 Scot Wid HIFML UK SmCos Alpha1 C 151.9 0.9 Scot Wid HIFML UK Stratc 1 A 101.1 1.5 Scot Wid HIFML US Focus 1 U 92.2 0.1 Scot Wid HIFML US Stratc 1 U 99.3 Scottish Friendly Managed Gth K 189.5 1.2 Scottish Friendly UK Gth A 199.3 1.1 SF Adventurous L 115.7 SF Cautious J 102.7 2.2 SF Delmore Growth & Income A 161.4 3.0 SF Fundamental Energy P 86.0 SF Metropolis Value L 114.0 SF Positive K 110.3 1.8 SF T1ps Smaller Companies Gold P 43.2 SF t1ps Smaller Companies Grow C 59.6 SISF Asian Bd AR GBP H A D * 9998.0 1.9 SISF Asian TR GBP A Dis * P 22100.0 0.4 SISF EM Dt AR GBP Hd A Dis * 2513.0 1.1 SISF Emerging Europe GBP A Dis * P 1828.0 1.4 SISF EUR Corp Bd A Dis * N 1317.3 3.0 SISF Europ Div Maximiser A Dis * P 4706.0 7.5 SISF Europ Eq Yield GBP A Dis * V2 891.0 2.5 SISF Glb Credit Dur Hdg C Dis * N 6898.4 3.2 SISF Glb Man Curr GBP A Dis * P 10716.0 0.1 SISF Glo Div Maximiser C D GBP * P 366.0 7.4 SISF Glo Em Mkt Opp A Dis * P 798.4 0.0 SISF Glo Energy GBP A Dis * M 1743.0 SISF Glo Eq Yield GBP A Dis * M 7046.0 1.3 SISF Glo Infl Link Bd GBP Hdg * N 2468.0 0.9 SISF Glob Sm Cap En GBP A Dis * M 6240.0 SISF Global Corp Bd A Dis * N 366.6 3.2 SISF Global Eq Alpha GBP A Dis * M 9169.0 SISF Global High Yield A Dis * N 1316.7 5.6 SISF Global Sm Cos A Dis * M 9136.9 SISF Greater China GBP A Dis * S 1976.0 0.2 SISF Indian Equity C Dis * P 7911.2 SISF Latin American GBP A Dis * P 2589.0 0.5 SISF Wealth Pres EUR A * 1553.0 SISF Wealth Pres EUR A Dis * 1091.9 1.3 SISF Wealth Pres EUR A1 * 1523.0 SISF Wealth Pres EUR A1 Dis * 1101.3 1.9 SISF Wealth Pres EUR B * 1453.5 SISF Wealth Pres EUR B Dis * 1208.4 0.4 SISF Wealth Pres EUR B1 * 1467.3 SISF Wealth Pres EUR B1 Dis * 1068.7 1.9 SISF Wealth Pres EUR C * 1711.5 SISF Wealth Pres EUR USD A1Acc * 1534.9 SISF Wealth Pres EUR USD A1Dis * 1108.3 1.9 SJP Global Emerging Market O 121.4 0.5 SJP Multi Asset P 102.5 1.8 SJP UK Absolute Return 87.1 SLI AAA Income E 82.5 1.8 SLI Amer Eq Unconstr U 75.9 SLI Asia Pacific Grth T 211.1 1.1

96.3 100.0 98.6 98.5 93.9 95.5 95.3 95.3 96.2 99.2 96.5 97.2 96.2 97.3 97.0 96.9 92.9 96.2 96.7 97.3 103.1 96.3 96.6 96.5 96.2 97.4 96.2 95.6 96.7 92.5 97.7 103.7 96.1 95.8 94.8 98.1 100.6 96.8 98.6 98.9 96.1 97.5 92.9 96.3 96.6 96.6 96.3 95.3 95.3 95.0 100.2 96.8 96.7 96.7 96.8 96.6 97.4 97.5 95.9 92.5 97.8 98.0 96.5 96.1 95.1 94.6 93.7 99.1 96.8 101.2 100.7 98.6 100.6 96.8 96.0 96.5 97.2 95.5 96.2 96.2 95.4 99.4 97.0 97.4 98.3 97.3 97.5 94.2 96.2 96.2 97.7 97.8 95.5 89.7 94.4 97.0 94.4 99.2 93.7 98.4 96.5 95.7 98.9 99.4 97.0 92.1 92.9 96.2 95.5 93.2 96.8 97.2 96.9 98.1 92.2 93.0 91.0 99.3 99.3 99.4 99.3 99.3 99.3 99.3 99.2 99.4 99.8 99.7 95.7 92.0 99.5 97.4 98.3 91.8

97.2 101.5 53 117.1 38 136.1 14 4 ✓ 118.2 123.8 22 140.9 12 3 4 102.0 101.3 62 101.5 105.3 44 111.0 30 126.0 16 ✓ ✓ 100.7 115.3 24 139.5 6 ✓ 4 103.4 116.5 16 137.7 7 105.9 120.7 7 144.7 5 ✓ ✓ 98.7 107.6 25 112.7 65 127.3 37 1 4 103.4 108.0 131 116.6 111 2 4 119.4 133.9 4 143.7 10 144.3 6 2 2 110.2 128.7 71 138.1 35 150.6 19 3 3 116.9 122.7 97 128.7 145 2 3 110.1 120.3 12 141.8 5 4 ✓ 96.4 97.0 12 111.7 20 133.3 13 2 ✓ 104.5 112.6 18 118.3 123.8 74 130.7 133 2 3 96.0 106.5 33 108.9 20 178.6 10 4 2 105.4 113.4 15 141.3 9 140.5 4 3 4 115.9 134.3 4 148.1 37 168.2 6 2 3 110.8 128.1 14 139.6 62 158.0 14 2 4 114.3 110.3 55 114.2 51 102.5 25 1 2 102.0 111.2 62 102.7 106.0 123 111.0 109 116.2 49 1 4 108.6 114.3 81 120.0 84 117.3 64 1 2 105.8 110.8 121 116.7 110 113.1 68 2 100.1 111.5 11 118.9 19 142.1 10 1 1 113.6 121.2 122 130.4 135 3 4 119.4 145.0 4 163.6 27 186.1 14 4 3 99.9 109.3 120.9 30 100.7 109.8 20 123.1 122.0 42 132.9 11 125.5 6 3 3 111.8 130.3 44 153.1 61 166.9 30 ✓ 4 110.9 120.4 133 109.8 122.3 109 146.6 94 148.8 65 4 4 117.7 143.7 6 166.5 20 151.4 59 2 3 118.5 136.1 8 181.1 10 167.6 22 4 ✓ 119.3 121.1 77 123.4 124.5 44 148.3 57 3 4 6 149.4 5 194.7 3 2 3 124.3 128.1 100.8 108.7 6 126.4 2 142.9 1 ✓ ✓ 115.4 134.7 18 138.6 31 139.8 32 3 2 101.7 113.2 37 121.0 31 207.1 18 4 3 108.6 117.0 33 131.6 31 136.5 30 3 1 113.4 126.6 41 125.0 164 128.2 108 2 2 118.4 120.9 78 150.5 42 169.9 14 4 4 111.7 122.9 93 132.8 120 133.6 99 3 3 108.7 118.4 157 143.6 119 143.9 74 3 4 108.6 115.8 214 137.3 183 127.1 157 2 4 107.8 116.1 209 140.3 152 138.5 96 3 4 102.1 106.0 37 113.5 22 4 ✓ 112.3 121.0 23 138.2 12 4 1 107.7 115.3 58 131.0 33 4 2 103.0 109.1 94 122.5 49 3 4 99.3 107.1 32 114.6 63 1 ✓ 100.2 104.7 131 116.6 90 1 ✓ 98.6 102.9 144 106.3 117 1 ✓ 99.4 104.4 135 107.0 114 1 ✓ 102.2 108.7 105 115.2 94 2 3 93.0 105.2 40 108.7 21 4 2 115.3 122.9 95 137.2 78 3 4 118.2 136.0 12 155.1 5 ✓ 3 111.6 127.9 72 134.1 52 3 2 120.5 146.1 1 159.9 2 ✓ 2 110.1 129.9 63 129.6 66 2 1 99.7 112.2 47 121.5 30 4 2 101.5 111.2 57 125.3 25 ✓ 4 99.5 95.7 89 104.6 73 1 3 119.3 126.0 52 149.4 17 ✓ ✓ 123.0 123.2 33 125.2 31 4 2 113.2 108.9 56 112.8 53 1 2 122.3 123.4 56 158.1 16 ✓ ✓ 116.4 133.4 13 157.5 38 2 ✓ 106.5 117.0 190 126.3 230 1 4 109.2 117.3 75 130.9 78 1 4 111.8 130.3 43 153.2 60 4 4 96.1 96.4 19 111.9 19 2 ✓ 108.7 118.1 162 139.5 159 3 4 110.3 119.6 50 133.7 74 1 4 101.3 102.4 9 126.3 7 4 97.0 97.6 34 104.7 31 115.3 133.9 11 186.6 5 ✓ ✓ 114.2 129.9 48 149.5 78 4 4 120.1 125.3 36 140.9 75 2 4 126.3 132.1 3 149.4 49 3 4 109.0 118.7 20 128.4 48 110.3 69 1 1 111.8 125.3 79 140.7 145 146.3 68 2 4 106.6 115.4 72 116.6 90 1 1 105.2 112.5 40 121.0 60 3 4 107.9 116.8 195 133.0 216 139.3 89 1 ✓ 114.7 122.6 24 109.6 113.5 85 106.3 114.0 88 124.4 89 4 3 54.3 46.6 193 38.9 154 1 1 83.5 75.7 53 48.3 52 1 1 96.7 101.8 61 104.5 45 123.2 18 3 4 108.8 118.9 37 141.5 11 ✓ ✓ 99.1 104.7 49 101.9 50 133.9 14 1 ✓ 99.9 116.0 45 120.7 45 147.0 28 ✓ 1 106.1 114.2 8 119.8 25 2 2 110.5 122.4 26 136.8 17 3 4 111.9 125.6 29 140.3 22 118.7 21 4 3 104.5 109.2 22 106.3 66 135.3 40 1 1 102.9 102.2 135 99.5 101 3 4 107.9 117.7 40 138.3 13 3 ✓ 97.5 105.8 110 94.7 116 2 2 99.9 101.3 219 88.2 187 3 1 109.8 119.7 151 139.4 60 135.9 88 4 ✓ 95.4 99.5 71 112.7 40 4 ✓ 91.6 91.6 220 69.1 191 2 1 104.1 106.0 31 110.5 46 170.3 18 2 3 114.8 121.7 114 130.1 138 148.9 56 2 4 107.3 112.8 12 125.2 11 185.5 6 2 4 119.8 124.8 59 140.9 51 166.5 25 3 4 95.3 106.9 28 101.6 14 190.1 9 2 2 100.8 114.8 51 93.3 117 ✓ 1 89.5 94.6 173 96.1 111 174.4 16 3 1 105.7 113.9 9 106.1 37 159.5 2 3 1 105.7 113.9 10 106.0 38 159.5 3 3 1 105.5 113.6 12 105.2 42 157.1 7 2 1 105.6 113.6 11 105.2 41 157.0 8 2 1 105.5 113.3 14 104.6 44 153.9 10 2 1 105.4 113.0 16 104.0 47 153.0 11 2 1 105.5 113.5 13 104.8 43 155.3 9 2 1 105.3 113.2 15 104.0 48 152.4 13 2 1 106.1 114.8 5 108.6 34 168.4 1 4 1 106.0 114.4 6 105.9 39 158.9 4 1 1 106.0 114.4 7 105.9 40 157.2 6 1 1 100.5 111.6 16 137.1 4 ✓ ✓ 92.4 98.5 163 3 4 98.0 97.6 70 97.7 101.5 69 113.2 64 125.2 42 1 ✓ 121.7 125.5 34 148.8 52 157.3 32 2 3 104.1 118.9 12 127.5 20 209.0 15 ✓ 3

1 1 4 3 3 2 4 2 3 3 4 3 2 3 2 2 3 3 3

2 2 2 2 4 4

4

4 ✓ 1 3 4 4 2 4 3 3 3 3 3 2 3 1 4 4 3 2 3 4 3 4 3 2 3 2 2 4 1 1 1 1 3 3 4 3 2 2 3 1 1 2 2 1 3 3 2 2 4 3 4 2 3 1 4 3 3 2 3 2 3 4 3 2 2 1 1 1 1 1 1 3 2 2 2 2 3 3

Return on £100 after:

Source: Lipper Sec- tor

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

SLI Cash X1 57.8 0.2 SLI Corporate Bond E 122.7 2.8 SLI Dynamic Distr J 67.3 3.7 SLI European V 169.4 1.9 SLI European Eq Gwth V 129.0 1.1 SLI European Eq Inc Inc V 70.4 4.2 V 45.2 1.8 SLI European Ethical Eq • SLI Glb Eq Unconstr M 80.4 SLI Glbl EM Eq Rtl O 56.3 0.1 SLI Glbl Eqty Inc Rtl Fdr M1 168.8 2.3 SLI Glo Abs Strat 69.1 1.0 SLI Glo Advantage K 118.4 1.2 SLI Glo Index Lkd Bd N 154.5 1.0 SLI Global REIT A Z 39.6 1.9 SLI Global Smlr Cos M 65.3 SLI Higher Income Inc G 45.5 5.3 SLI International Trust M 984.4 1.5 SLI Japan R 28.4 0.9 SLI Japan Equity Grth R 64.6 0.2 SLI North America U 134.1 0.7 SLI Pacific Basin T 93.5 2.2 SLI Pan European V2 114.1 1.8 SLI Select Income E 77.1 3.5 SLI Select Property Z 42.3 2.6 SLI Strategic Bond F 72.9 2.8 SLI UK Eq High Alpha Inc A 78.3 2.9 SLI UK Eq High Income Inc B 74.3 3.6 SLI UK Eq Inc Unconst B 52.9 3.8 SLI UK Equity General Inc A 105.5 2.2 SLI UK Equity Growth A 258.4 1.6 SLI UK Equity Recovery A 136.6 0.8 SLI UK Equity Unconstr A 167.0 0.6 E 65.6 2.9 SLI UK Eth Corp Bd • SLI UK Ethical • A 111.6 1.0 SLI UK Gilt Inc D 41.8 1.2 SLI UK Opportunities A 149.3 0.6 SLI UK Smaller Cos C 382.0 0.3 Smith & Williamson Cash * P 100.0 0.4 Smithfield Income & Growth M 128.2 2.2 SMT Egerton Stlg Invstmt Inv L 18166.0 0.2 SMT Oakley Diversified K 282.2 0.5 SMT Oakley Strategic Bond F 120.0 1.8 Somerset EM Div Growth A O 123.7 2.0 Somerset Global Emer Mkt A O 17737.3 0.5 Sovereign Ethical • A 126.2 1.7 SPF Sterling Bond A F 238.8 2.2 St James Corporate Bond F 255.4 5.0 St James Equity Income A 335.8 3.1 St James Ethical • M 155.1 1.2 St James Far East T1 490.5 0.9 St James Greater Eu Prog V2 2737.0 0.9 St James N America U 103.1 St James UK & Gen Prog A 1007.0 1.2 St James UK High Income B 763.7 3.4 St James’s Allshare Inc B 108.7 3.1 St James’s Alternative Ats P 109.5 1.4 St James’s Balanced Mngd K 119.9 0.7 St James’s High Octane M 98.8 0.8 St James’s Int Corp Bond N 123.5 5.4 St James’s Managed Growth K 116.4 1.3 St James’s Place Cont Euro V 108.5 0.5 St James’s Place Gilts D 111.6 0.9 St James’s Place Global M 144.0 0.1 St James’s Place Internatio...

M 489.6 0.3 St James’s Place Inv GrdBd E 147.0 2.4 St James’s Place Property Z 76.3 3.8 St James’s Place UK Grth A 121.1 1.2 St James’s Place Ww Opps M 122.7 0.3 St James’s Strategic Mngd K 115.9 1.4 St. James’s Place Gbl Eqty M 120.9 0.9 Standard Life Inv UK Prop Z 107.6 2.7 Starhunter Managed Trust L 276.9 0.3 StdLfe SLI EM Debt Rtl N 49.1 SVM All Europe SRI A • V2 184.4 SVM Continental Europe A V 287.2 SVM Global Opportunities A M 69.2 SVM UK Growth A A 288.8 SVM UK Opportunities A A 318.4 SVM World Equity A M 188.8 SW American Growth A U 840.7 0.2 SW Balanced Portfolio A J 149.4 1.1 SW Cash A X1 177.9 0.0 SW Cautious Prtf A N 153.4 1.6 SW Corporate Bond A E 249.5 3.0 SW Emerging Markets A O 137.4 1.2 SW European Growth A V 396.3 1.4 SW European Select Gth A V 1718.0 1.1 SW Gilt A D 225.4 0.7 SW Global Growth A M 99.3 0.5 SW Global Select Growth A M 583.6 0.2 SW High Income Bond A G 203.7 3.6 SW High Reserve A H 269.6 3.7 SW International Bond A N 209.4 0.6 SW Japan Growth A R 86.7 0.6 SW Latin American A P 318.5 1.0 SW Opportunities Ptf A M 143.7 0.7 SW Pacific Growth A T 853.7 1.2 SW Progressive Ptf A K 148.2 0.9 SW Safety Plus A X2 40.2 SW Strategic Income A F 160.3 3.5 SW UK Equity Income A B 3546.0 3.5 SW UK Growth A A 140.0 1.9 SW UK Select Growth A A 1720.0 1.2 SW UK Smaller Companies A C 277.9 1.1 SW UK Tracker A • A 237.0 2.6 SWIP Absolute Return Bd A 124.1 1.6 SWIP Absolute Rtn Macro A P 79.3 SWIP Capital L 334.3 1.3 SWIP Corporate Bond Plus A Inc E 103.4 3.3 SWIP Diversified Assets A J 194.0 1.1 SWIP Emerging Markets A O 281.1 1.0 SWIP Eu HiYield A Net G 122.5 4.4 SWIP European A V 895.9 0.9 SWIP European Corp Bd A Inc N 134.0 2.3 SWIP European Real Estate Z 123.2 3.6 SWIP Financial A Inc P 2293.0 0.9 SWIP Foundation Growth A A 3690.0 2.1 SWIP Global A M 516.1 0.1 SWIP Global Bond Plus A N 154.4 0.4 SWIP High Yield Bond A Inc G 98.8 4.5 SWIP MM Opt MultiAsset F K 118.7 0.1 SWIP MManager Diversity A J 115.8 0.7 SWIP MManager Sel Boutq A L 119.7 0.1 SWIP Multi Mgr Intl Eq A M 197.2 0.3 SWIP Multi Mgr UK Eq Foc A A 163.0 1.2 SWIP Multi Mgr UK Eq Gth A A 163.9 1.4 SWIP Multi Mgr UK Eq Inc A B 164.5 3.7 SWIP Multi Mngr Glbl RE A Z 151.7 2.2 SWIP Nth American A U 1161.0 SWIP Property Trust Z 110.5 3.0 SWIP Strategic Bond A F 123.4 2.9 SWIP Strlg Cred Advan A AccNet P 118.2 1.2 SWIP UK Enhanced Eq A A 145.3 2.4

99.9 95.8 96.6 94.8 95.6 95.9 95.3 97.1 90.5 97.6 97.7 95.9 96.1 95.9 98.5 97.7 93.5 106.2 101.1 98.1 92.5 96.3 95.9 98.1 98.0 95.0 95.2 96.7 95.1 95.2 93.1 96.0 96.0 97.5 97.2 95.9 98.7 100.0 96.0 98.5 97.5 97.8 95.2 94.0 95.2 96.4 97.5 97.0 94.8 95.1 96.5 97.1 96.8 96.8 97.1 95.6 96.8 95.2 97.5 96.9 96.4 98.3 98.2 97.8 96.7 101.3 96.5 97.5 97.7 96.0 100.2 94.6 92.9 96.4 95.4 96.6 98.3 98.5 97.6 97.3 96.6 99.9 97.2 95.5 92.0 94.5 95.9 97.1 96.9 97.7 96.7 95.5 99.2 101.8 91.2 95.8 93.5 96.2 98.1 96.1 95.5 94.7 96.3 99.4 94.0 99.8 99.2 95.3 95.6 97.6 93.0 97.5 96.1 97.6 94.1 96.8 95.1 97.0 99.2 96.8 96.4 96.9 95.3 96.5 96.0 96.0 96.5 96.8 97.7 100.2 97.1 98.7 95.3

99.9 98.5 106.6 112.0 112.5 112.0 112.0 112.9 100.1 115.6 102.7 107.6 95.4 104.1 120.2 101.3 118.4 127.0 125.3 121.0 102.1 114.3 99.4 100.5 100.7 111.1 111.0 115.6 110.7 109.6 108.7 118.4 98.1 114.6 96.3 112.3 116.0 100.4 109.2 122.5 108.9 98.7 101.0 95.7 108.9 98.3 101.7 111.5 107.9 103.6 115.0 121.2 110.7 114.8 109.8 97.7 108.3 112.3 101.1 109.4 110.6 97.7 120.0 122.2 98.6 102.5 110.4 119.6 111.5 110.4 101.2 103.7 97.6 113.3 109.0 95.2 115.2 117.1 119.3 121.5 105.5 99.9 100.2 97.9 93.8 109.8 113.0 95.9 117.0 121.4 99.4 107.2 100.2 122.2 89.0 111.8 98.4 109.6 100.7 100.0 109.5 108.4 105.7 115.6 107.1 102.3 98.3 109.1 98.9 102.9 94.6 101.7 113.0 104.3 104.0 115.1 108.1 119.9 99.3 100.8 106.5 105.1 110.6 113.9 108.6 110.2 109.5 108.6 120.1 101.3 100.2 101.4 106.1

100.0 12 100.2 13 109.6 11 106.7 38 119.1 41 126.4 38 2 ✓ 118.7 4 135.8 4 133.9 17 ✓ 3 134.6 19 138.7 29 148.6 21 4 2 135.2 16 143.3 19 159.0 13 4 2 131.7 46 153.2 8 ✓ 3 136.0 14 129.0 69 1 1 127.8 32 148.2 21 149.5 52 ✓ 3 112.2 12 125.3 5 145.8 4 165.3 2 4 ✓ 106.6 35 116.0 13 ✓ ✓ 118.3 24 137.2 8 141.3 19 ✓ 2 97.5 81 112.9 39 139.3 39 4 ✓ 116.9 11 138.9 13 3 4 126.1 49 112.1 9 124.0 11 141.4 12 2 4 126.3 47 150.1 14 167.7 23 ✓ 4 128.8 11 132.5 13 113.3 16 3 3 125.6 23 132.3 14 97.3 28 ✓ 3 123.8 48 150.9 39 165.6 23 3 3 116.3 20 120.0 34 192.9 26 4 3 133.3 4 143.9 18 131.1 17 4 2 108.4 16 119.2 40 132.3 25 2 ✓ 105.9 22 112.8 20 72.3 19 1 ✓ 109.8 22 123.6 17 ✓ ✓ 140.7 9 170.4 17 185.0 16 4 2 122.8 33 145.8 44 131.3 42 3 3 136.9 3 166.0 5 ✓ 4 121.6 118 141.7 133 134.5 120 3 3 124.3 90 136.2 195 129.1 147 2 2 148.2 2 146.5 96 1 1 159.1 1 195.0 1 262.9 1 4 1 107.1 31 119.2 39 130.2 32 3 ✓ 132.7 30 167.5 18 151.5 57 ✓ 4 95.8 21 112.4 15 137.8 8 2 4 131.8 37 120.4 237 130.1 142 1 2 130.2 24 170.8 24 226.3 2 3 ✓ 100.4 147 101.7 92 116.1 49 123.2 86 142.0 45 ✓ 1 131.7 2 155.8 1 ✓ ✓ 116.6 38 119.3 108 117.6 65 2 2 104.5 46 111.2 49 3 ✓ 111.8 15 129.4 6 ✓ 4 106.4 34 110.6 16 4 2 120.7 129 146.0 103 103.6 197 4 ✓ 104.5 45 116.8 41 122.7 31 1 ✓ 116.5 4 126.6 9 144.5 4 1 3 124.3 89 141.7 134 156.7 46 2 4 118.0 173 124.1 167 141.4 74 2 4 111.3 8 126.9 4 188.2 3 4 ✓ 130.1 10 151.5 7 142.6 11 ✓ 4 130.7 8 150.5 41 146.7 45 2 4 116.3 206 138.8 166 119.6 179 2 ✓ 117.9 68 141.9 52 159.7 13 2 ✓ 117.4 73 141.4 56 2 ✓ 103.0 127 111.5 64 1 3 116.5 40 136.9 9 ✓ 3 118.2 170 132.9 118 2 4 110.0 17 127.7 7 ✓ ✓ 120.0 11 134.2 15 4 2 126.9 77 132.8 55 2 2 97.8 2 114.3 7 2 ✓ 131.8 12 159.4 4 ✓ ✓ 139.1 4 146.5 25 138.5 80 3 4 103.6 65 112.6 66 1 ✓ 102.8 24 104.7 30 124.6 86 142.7 129 2 3 127.9 30 145.0 29 ✓ 4 114.3 81 129.1 41 4 4 119.7 150 100.8 32 107.7 25 92.8 9 111.5 98 119.1 86 143.9 21 4 ✓

124.1 32 150.5 11 ✓ 4 127.0 75 134.1 53 137.7 34 2 2 90.0 221 82.5 188 67.6 130 1 3 127.5 62 162.3 30 188.8 12 ✓ 4 129.5 50 154.0 56 155.6 49 2 4 133.2 11 124.3 46 156.5 25 174.4 12 4 ✓ 112.7 36 125.0 34 133.5 18 4 4 99.9 13 100.3 12 109.8 9 105.7 34 116.8 30 133.3 42 ✓ ✓ 106.8 35 119.3 38 127.9 35 2 ✓ 103.9 47 102.2 32 145.1 23 3 2 131.1 52 126.3 79 128.8 54 2 1 134.0 23 136.9 39 138.0 33 4 2 95.3 22 112.1 17 136.4 10 2 ✓ 121.6 116 140.9 50 132.4 103 4 ✓ 129.0 25 146.5 24 147.9 59 ✓ ✓ 104.5 23 120.7 17 143.1 8 2 ✓ 116.9 9 129.7 12 115.2 11 4 2 100.8 60 109.3 53 154.4 31 2 4 123.2 34 121.6 42 95.3 31 2 2 92.9 179 88.5 130 185.1 12 1 1 121.2 124 135.8 91 132.9 102 ✓ 2 110.1 63 115.8 49 170.6 43 3 3 118.2 25 132.0 29 134.0 38 4 2 101.8 5 102.1 3 110.5 1 109.5 24 121.4 22 125.8 27 ✓ ✓ 119.0 57 131.5 76 108.1 59 1 4 119.2 151 132.3 217 117.7 184 2 4 119.5 146 125.0 233 134.1 122 1 4 137.0 6 184.2 6 152.4 31 4 ✓ 117.0 187 137.6 180 131.2 135 3 4 107.1 34 112.5 25 124.1 17 4 ✓ 99.2 158 85.7 135 79.4 71 1 2 120.5 25 131.5 36 128.5 56 3 4 108.7 13 120.9 23 130.9 27 4 ✓ 109.6 86 119.7 71 133.4 19 1 4 104.3 45 102.5 31 145.8 22 3 2 113.7 6 133.0 33 141.9 22 143.9 27 4 2 114.8 6 123.8 12 162.1 27 ✓ 2 118.1 7 142.5 6 105.2 5 4 3 126.0 16 123.2 38 101.7 59 1 2 117.0 188 138.6 169 2 4 127.6 36 144.8 30 144.2 71 ✓ 4 95.9 88 105.4 68 152.0 34 1 3 110.2 15 125.2 10 134.8 16 ✓ 4 113.3 95 118.3 109 2 3 109.7 84 114.2 101 2 4 119.8 27 127.5 58 3 ✓ 123.8 73 137.8 70 151.5 48 3 4 118.0 164 137.9 177 127.0 158 2 4 120.2 136 142.5 130 129.9 145 3 4 116.6 78 141.8 54 124.7 53 2 ✓ 117.5 9 142.6 5 146.3 2 3 4 121.2 73 162.6 7 159.8 30 ✓ ✓ 102.5 25 105.2 29 85.7 12 109.8 21 121.9 20 106.8 99 106.1 81 1 ✓ 114.8 232 138.8 167 2 4

www.moneyobserver.com | August 2013

2 2 3 3 3 ✓ 3 4

3 3

2 3 2 2 3 3 2 2 2 3 2 3 1 1 4 3 1 2 3 3 2 3 1 1 1 2 3 2 1 4 1 1 3 1 1 1 2 3 4 2 1 3 1 1 3 2 1 2 3 3 3 2 3 3 2 4 2 3 3 2 3 2 2 3 2 2 3 4 3 2 3 2 3 3 3 2 2 3 3 3 3 2

2 1 1 1 3 3 2 3

65

INVESTMENT FUNDS ALPHABETICAL How each fund has performed over five periods – plus rankingS and RATINGS

Return on £100 after:

Sec- tor

SWIP UK Flex Strat A P SWIP UK Income A Inc B SWIP UK Opps A A SWIP UK Smll Cos A C T. Bailey Def Caut Mgd Inc J T. Bailey Dyn Caut Mgd Inc J T. Bailey Growth M TB Amati UK Smaller Cos A C TB Doherty Active Mgd A K TB Doherty Balanced Mgd A K TB Doherty Cautious Mgd A J TB OAM UK Eq Mkt GBP A TB Wise Income A Inc L TB Wise Investment A L TB Wise Strategic A L TC Cautious Gr A J TC Diversified Bal Pfl A K TC Diversified LT Gr Pfl A L Teachers Adventurous Inv L Teachers Balanced Inv K Teachers Cautious Inv J Templeton Asian Gr A Ydis GBP * T Templeton BRIC A Ydis GBP * P Templeton China A Ydis GBP * S Templeton EM Bond A Qdis GBP * N Templeton EM SmCos A Ydis GBP * O Templeton Europe A V Templeton FrtierMkt A Ydis GBP * P Templeton Gbl Em Mkts A O Templeton Gl Bond A Mdis GBPH1 * N Templeton Glo Total A Inc N Templeton Growth A M Templeton Latin Am A Ydis GBP * P Templeton Strategic Bond A Inc F The Capital Trust A The Lake House Fund K The Tenax A Thesis Aus Natural Resources P Thesis Balanced Growth Inc L Thesis Opt Multi-Asset Strat A J Thesis Optima Balanced J Thesis Optima Bond E Thesis Optima Growth K Thesis Optima Income J Thesis Palm L Thesis Res UK Bal B K Thesis Res UK Equity A Inc A Thesis Res UK Gro B K Thesis Res UK Inc Foc B K Thesis Resolution Gl Bal B J Thesis Resolution Gl Yld B I Thesis Resolution Glo Gr B K Thesis Thameside Managed L Thneedle Cred Opp Hgd £ Threadneedle Abs Bnd R Threadneedle Am Ext Alp GBP RA U Threadneedle Amer Sel RNA GBX U Threadneedle Amer Sm Cos RNA U1 Threadneedle American RNA GBX U Threadneedle Asia RNA GBX T Threadneedle Bal Mgd K Threadneedle ChinaOpp RetNAEUR S Threadneedle Defensive I Threadneedle Defensive Equity I Threadneedle Dollar Bd RNA GBX N Threadneedle Dvsd Inc J Threadneedle EM Bd RNI GBX N Threadneedle EMLoc RNetInc1USD P Threadneedle Equity & Bond J Threadneedle Eupn Bd RNI GBX N Threadneedle Eupn Sel RNA GBX V Threadneedle Eupn Sm Cos RNA V1 Threadneedle Europ HY Bd RNA N Threadneedle European RNA GBX V Threadneedle Eurpn Corp Bd RNA N Threadneedle Gl EM Eq Nt £ O Threadneedle Gl ExtAlpRNAccUSD M Threadneedle Glbl Sel RNA GBX M Threadneedle Glo Eq Inc R NA £ M1 Threadneedle Global Bd RNI GBX N Threadneedle Global Eq & Bond K Threadneedle Global Equity L Threadneedle HiYld Bd RNI GBX G Threadneedle Japan RNA GBP R Threadneedle Jpn SmCos RNA GBX R1 Threadneedle Lat Am RNA GBX P Threadneedle Managed Income H Threadneedle Mth Ext Inc RNI H Threadneedle Pan Eur Accel C1 V2 Threadneedle Pan Euro RNA GBX V2 Threadneedle PanEpn EqDiv RNAp V2 Threadneedle PanEupn SmCos RNA V1 Threadneedle RR MMgrPflo3 I Threadneedle RR MMgrPflo4 J Threadneedle RR MMgrPflo5 K Threadneedle RR MMgrPflo6 K Threadneedle RR MMgrPflo7 L Threadneedle Stg Bd RNI GBX D Threadneedle Strat Bd RNI GBX F Threadneedle UK Abs Alp RNA £ Threadneedle UK Corp Bd RNA E Threadneedle UK Crp Bd E Threadneedle UK Eq Inc RNI B Threadneedle UK Ext Alpha C1 A

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

120.8 1.2 205.8 3.4 1057.0 0.9 333.5 0.9 104.9 1.9 45.7 2.7 99.2 395.8 132.2 130.8 134.3 147.5 2.4 90.8 5.0 187.4 0.0 176.4 109.0 114.2 108.1 63.5 0.1 57.5 1.1 56.7 1998.0 0.1 1511.0 1326.0 0.3 1122.0 5.8 1047.0 0.5 189.1 1.3 1929.0 1.1 192.8 1.1 1062.0 2.3 146.7 2.4 714.4 0.8 4202.0 0.8 103.3 4.4 248.2 2.0 110.7 1.9 128.3 1.9 98.8 0.1 1340.7 0.4 95.2 0.2 129.9 2.3 127.6 3.1 134.3 0.4 112.2 2.9 113.5 68.2 1.3 126.6 2.0 68.9 1.2 76.6 2.9 116.4 0.5 110.1 121.8 1827.8 0.2 124.5 1.9 65.3 184.0 152.7 167.3 143.9 129.9 0.9 117.4 0.8 173.1 78.1 90.0 52.7 2.0 112.7 3.2 60.6 4.0 113.8 2.5 114.1 69.6 2.1 190.1 0.4 445.1 0.3 128.6 4.6 153.7 0.8 93.1 2.0 86.1 154.7 118.2 0.2 147.0 2.8 58.8 1.8 117.0 128.5 43.1 5.5 40.0 0.6 92.9 0.5 254.7 0.9 67.1 3.7 66.8 3.3 170.8 114.5 0.6 100.9 3.7 136.5 0.6 110.3 1.8 122.4 1.4 127.0 1.0 130.3 0.8 135.4 0.5 50.8 1.3 47.3 4.3 117.5 55.3 2.3 139.2 3.4 77.3 2.3 298.5

99.2 96.1 96.0 98.9 96.8 96.1 94.9 97.2 95.4 96.7 97.0 96.0 97.4 96.7 95.1 95.4 94.9 93.8 96.8 96.1 96.5 94.1 92.5 91.9 96.4 89.2 95.9 95.1 90.2 97.6 97.2 95.7 91.9 95.7 96.1 96.4 98.5 87.5 95.7 95.9 96.1 95.2 95.0 96.7 95.9 96.5 95.8 96.2 96.5 96.6 97.5 96.3 95.2 99.4 98.8 97.5 97.3 98.0 97.1 94.2 96.6 93.1 97.6 97.3 97.2 96.1 94.0 94.3 97.2 98.1 97.4 97.7 98.0 96.3 98.1 94.0 96.3 96.3 97.0 98.4 96.9 96.8 97.2 100.3 98.9 88.5 97.1 96.7 97.9 97.2 96.3 96.9 96.7 97.0 96.7 96.0 95.8 97.1 96.4 99.5 95.2 95.5 95.9 95.8

105.4 108.6 105.9 115.2 101.9 103.8 111.4 108.7 106.2 106.8 106.1 111.6 109.6 111.1 110.1 102.3 105.2 104.3 112.2 105.6 100.7 99.1 89.0 92.5 103.5 103.0 112.9 113.1 84.0 98.6 104.3 118.1 87.2 98.5 116.8 105.0 103.4 75.3 106.8 100.4 104.1 98.4 107.2 100.7 107.2 106.0 108.8 108.5 106.2 104.7 101.4 107.5 107.0 100.7 100.7 118.4 118.1 127.0 121.8 101.4 108.1 104.2 101.0 102.7 102.2 104.2 95.7 94.8 105.4 103.3 115.6 113.5 106.4 112.4 104.7 102.3 119.8 116.9 117.0 99.3 108.8 110.3 100.0 124.7 119.6 90.4 110.1 110.4 114.5 113.2 112.2 109.8 102.2 107.1 107.6 107.8 108.8 96.3 98.6 105.4 97.7 98.1 111.6 111.9

112.9 117.5 116.8 136.3 107.5 110.9 121.0 113.6 114.5 114.5 112.7 132.5 122.5 124.8 118.5 108.0 114.4 114.2 119.7 111.2 102.7 108.4 95.7 102.5 112.3 114.1 136.0 125.8 92.6 108.0 112.0 136.4 94.3 107.8 144.5 110.3 108.2 75.0 113.1 105.1 111.3 106.8 115.8 106.3 113.8 111.0 114.1 114.3 110.8 110.2 104.6 114.4 113.5 103.2 100.4 120.1 120.5 129.8 122.8 113.0 114.7 115.8 104.4 107.2 101.5 109.7 101.4 99.4 111.3 109.9 132.4 132.8 117.8 130.6 114.4 114.0 129.0 122.3 124.4 96.2 116.1 118.0 110.2 123.2 115.8 96.7 120.4 121.7 130.2 129.1 128.7 128.3 106.8 113.2 114.3 115.8 116.9 96.7 106.9 107.6 105.8 106.4 121.9 121.8

62 130.0 23 122.9 45 ✓ ✓ 71 130.8 79 107.0 60 1 4 196 121.3 236 135.9 114 1 4 7 184.2 7 168.6 21 4 ✓ 108 65 117.5 86 115.6 50 2 3 126 132.7 121 144.7 66 4 ✓ 47 160.0 34 177.4 17 1 ✓ 76 116.2 113 2 3 74 116.3 112 2 3 37 118.1 83 2 4 33 16 142.4 6 130.5 50 ✓ 3 9 138.7 11 135.7 39 4 2 39 129.4 45 136.4 36 4 2 102 78 108.0 119 1 2 83 29 132.6 30 136.3 38 3 ✓ 118 128.7 46 132.7 43 4 4 145 117.4 87 131.0 25 2 ✓ 69 116.3 46 237.4 6 2 2 169 81.6 138 122.9 44 1 1 35 97.5 21 193.1 8 1 2 13 120.4 22 ✓ 3 8 109.8 18 ✓ 2 13 132.4 56 120.3 63 2 1 18 115.6 54 2 4 64 80.3 47 118.6 26 1 1 24 119.9 24 3 3 14 123.2 13 ✓ 4 6 137.4 75 131.0 104 2 2 175 89.2 127 187.4 11 1 1 32 119.5 27 ✓ ✓ 5 193.3 3 182.6 19 ✓ ✓ 127 30 113.7 20 ✓ ✓ 186 72.0 147 81.7 70 1 1 87 124.1 74 133.5 44 1 3 128 105.0 118 2 4 60 123.7 46 130.1 29 4 4 37 120.0 30 130.9 26 3 ✓ 52 124.7 85 133.6 39 3 2 118 116.6 92 117.5 48 ✓ ✓ 84 130.7 39 150.4 12 4 3 120 125.0 83 3 3 237 133.4 212 123.7 164 1 4 79 127.6 54 1 ✓ 123 126.2 68 4 4 77 22 77 86 125.8 69 137.7 34 4 4 55 111.2 29 4 ✓ 65 101.4 53 127.2 15 1 ✓ 82 161.2 11 4 4 80 151.6 38 178.0 7 4 4 5 154.6 4 210.8 2 3 3 62 156.7 22 182.8 5 ✓ ✓ 38 115.5 51 192.2 28 3 2 72 127.5 56 3 3 11 112.8 6 ✓ 1 25 114.2 17 133.2 4 1 ✓ 12 121.0 6 141.4 2 4 ✓ 54 108.3 59 150.9 36 4 3 83 118.4 81 1 4 56 112.4 42 185.0 7 2 4 155 101.0 94 2 1 59 125.6 30 145.1 7 3 4 18 116.5 31 164.5 22 3 4 37 160.2 1 182.9 4 ✓ 4 5 168.2 2 213.2 1 ✓ 4 4 132.6 3 183.3 9 3 1 54 136.4 40 148.2 22 3 2 7 122.3 15 151.2 35 4 2 9 111.6 13 189.3 7 4 2 24 149.7 16 ✓ 4 109 137.0 82 153.2 44 4 4 7 153.6 2 ✓ ✓ 87 100.9 75 148.8 37 1 3 45 132.8 20 149.3 15 4 2 46 137.0 13 153.6 8 4 ✓ 14 123.7 12 150.2 6 3 4 32 122.5 40 85.1 40 4 2 6 125.2 6 91.6 4 2 3 166 95.3 114 180.3 15 4 1 4 146.4 2 150.8 2 ✓ 3 2 152.2 1 162.0 1 ✓ 3 9 144.0 16 165.5 6 4 3 11 144.0 17 168.7 4 4 3 12 151.4 8 155.3 8 ✓ 4 9 163.6 4 211.7 2 ✓ 4 15 115.6 16 29 126.7 22 2 4 82 127.4 57 3 3 48 132.2 26 4 3 57 134.4 23 4 2 16 112.6 14 131.7 15 2 ✓ 38 118.8 32 133.7 17 2 ✓ 33 51 118.2 46 130.4 30 3 ✓ 42 122.0 16 4 ✓ 37 155.9 14 164.0 10 4 ✓ 115 151.1 73 149.8 61 4 4

2 2 2 2 1 1 1 1 1 1 2 2 1 ✓ 4 3 2 2 2 2 1 2 1 3 1 2 3 2 2

4 ✓

1

3 2 3 3 3 3 2 4 3 2 2 2 2 4 2 3 2 2 3 2 3 1 3 3 3 3 3 4 3 3 3 2 2 2 2 1 3 2 2 3

Return on £100 after:

As at 1 July 2013

Source: Lipper Sec- tor

Proj. 1 mth 6 mths 1 year 3 years 7 years Ratings Price yld % £ £ £ Rank £ Rank £ Rank CR P Ex

Threadneedle UK Fxd Int D 134.3 1.3 97.0 96.2 97.0 11 114.8 5 3 ✓ Threadneedle UK Gth & Inc C1 A 74.7 3.0 97.0 114.4 125.1 84 158.7 38 164.1 33 4 ✓ Threadneedle UK Idx Lnk D1 138.6 1.8 95.7 100.7 102.5 8 124.2 8 4 Threadneedle UK Instl RNA GBX A 114.7 1.6 96.1 110.4 119.7 142 144.4 113 143.7 75 3 4 Threadneedle UK Mid 250 A 162.9 96.6 112.2 128.9 53 164.1 25 196.8 9 2 4 Threadneedle UK Mthly Inc RNA B 65.5 3.5 97.0 111.8 118.8 60 150.5 30 153.1 19 3 ✓ Threadneedle UK Prop Trust Z 88.8 4.3 100.3 100.9 100.2 33 102.0 33 Threadneedle UK RNI GBX A 102.8 1.5 96.0 111.8 123.0 102 154.4 55 157.5 42 ✓ ✓ Threadneedle UK S-T MMkt X1 104.0 0.2 100.0 99.9 100.0 11 100.4 10 Threadneedle UK Select RNI GBP A 98.1 1.3 100.0 116.9 125.5 76 152.9 62 153.6 54 4 4 Threadneedle UK Small Cos C1 £ C 167.8 0.2 100.0 111.7 124.9 35 170.6 25 166.9 23 2 4 Threadneedle UKEqAlp Inc ND £ B 57.2 1.9 98.0 112.1 125.4 23 160.9 10 166.0 9 4 ✓ Threadneedle Ww Sel L 115.2 0.1 96.5 109.5 115.3 74 127.8 54 2 ✓ THS European Gth & Value Z V2 218.7 1.1 97.5 110.6 122.6 37 127.1 35 124.1 19 1 2 THS Intl Growth&Value Y M 375.6 2.1 96.8 111.0 124.2 66 136.0 89 145.5 64 3 4 Tiburon Taiko GBP Unhedged * R 112844.7 99.3 120.4 117.7 54 120.7 46 3 3 Tiburon Taipan D GBP Unhedged * T 122442.5 90.5 95.7 100.4 75 106.5 60 201.7 20 2 1 TIF II Eu(exUK)GrRet V 283.5 1.4 96.5 111.9 130.0 62 136.2 41 148.0 23 3 2 TIF II Japan Gr Group R 155.0 1.7 100.8 127.2 126.2 19 127.9 22 104.0 24 4 2 TIF II Pac(ex Jp)Gr Group T 360.3 1.9 93.7 103.4 115.8 21 119.9 35 207.6 17 4 2 TIF II UK Eq Inc B 150.2 3.3 97.0 113.2 123.4 31 151.2 29 3 ✓ TIF II UK Growth A 151.3 1.8 96.5 112.7 120.1 137 143.4 123 134.0 123 3 4 TM Darwin Multi Asset J 112.0 0.2 96.5 108.2 112.4 43 Total Clarity Def Pfl A J 109.8 0.1 96.5 101.6 104.5 133 Trojan Cap O M 171.7 1.0 96.9 112.5 114.1 200 142.3 43 172.4 17 ✓ ✓ Trojan Inc O B 213.8 3.8 96.5 111.8 116.0 81 154.0 18 176.1 2 3 ✓ Trojan O Inc L 199.8 0.9 95.3 98.8 99.2 118 120.1 83 165.1 3 ✓ ✓ Troy Spectrum O L 140.8 0.1 94.7 100.7 104.7 113 114.9 95 2 4 1 4 TU Unit Trust V2 549.2 97.3 110.0 TwentyFour Foc Bd A Inc Gross F 105.5 6.7 98.3 102.3 115.0 7 UBS Active Bond A Inc Net F 50.3 2.4 98.8 99.0 100.9 54 105.9 54 127.8 23 1 ✓ UBS Asian Consmptn A (Net) T 54.0 0.3 92.2 100.5 109.8 64 UBS Corp Bond UK Pl A Gr E 65.1 4.6 95.2 97.6 106.6 39 120.5 26 ✓ ✓ UBS Em Mkts Eq Inc A (Net) O 53.0 5.4 94.1 95.7 102.9 51 UBS European Equity A V 549.4 1.3 94.4 108.2 124.1 93 118.8 87 116.1 65 1 1 UBS Global Alloc (UK) A K 89.0 1.6 95.8 108.2 116.8 35 127.6 52 3 2 95.7 102.7 109.3 91 UBS Global Diversified A J 54.6 0.2 UBS Global Em Markets Eq A O 303.3 1.4 93.2 93.7 101.4 55 96.0 41 152.2 19 2 1 UBS Global Optimal A M 78.7 1.0 96.4 114.5 122.3 107 130.5 134 129.3 105 1 3 UBS MultiAsset Inc A Net J 59.0 3.0 96.5 98.9 104.1 139 119.1 76 4 ✓ 95.5

UBS Sterl Corp Bd Indx K E 9715.4 UBS Targeted Return A P 106.8 1.1 95.3 104.5 114.0 55 120.8 44 3 3 UBS UK Equity Income A net B 52.9 2.7 96.9 111.5 118.5 63 142.0 50 4 ✓ UBS UK Opportunities A A 73.0 1.0 96.7 110.8 119.4 150 131.7 220 108.0 195 1 4 UBS UK Smaller Companies A C 125.9 1.3 96.4 108.6 116.1 46 117.9 50 86.4 43 1 3 UBS US Equity A U 104.5 97.6 126.2 130.9 7 149.6 48 145.8 47 3 3 UBS US Growth A U 102.5 96.5 118.3 121.2 74 157.4 17 4 4 UK Actve Indx Plus E - Net A 237.2 2.8 95.6 109.4 118.7 154 4 4 Unicorn Free Spirit A Income A 311.3 98.7 110.2 124.5 87 172.6 15 143.4 76 ✓ ✓ Unicorn Mastertrust B Inc L 269.4 98.9 113.2 128.8 4 147.5 2 145.9 18 3 ✓ Unicorn Outstdg BC A A 202.7 0.4 98.3 112.0 127.8 61 171.5 16 ✓ ✓ Unicorn UK Income A Inc B 201.0 2.8 100.4 116.3 138.5 2 186.1 1 216.1 1 ✓ ✓ Unicorn UK Smaller Companies A C 315.3 0.5 101.8 122.3 137.9 4 175.5 18 164.9 24 3 ✓ US Research RA USD * U 9845.1 98.2 119.7 121.7 71 159.5 14 167.8 19 4 ✓ Vanguard EM Stock Index *• O 15150.7 93.6 96.8 106.1 36 107.6 24 4 2 Vanguard FTSE Dvlpd EURO • V 13881.2 2.5 95.3 110.9 127.5 73 130.1 63 2 2 Vanguard FTSE DvlpWrld ex-UKEq • M 17897.3 1.7 97.7 116.5 123.2 87 144.6 32 4 ✓ Vanguard FTSE UK Eq Idx GBP • A 17454.7 3.3 95.0 108.5 117.9 166 143.3 124 3 ✓ Vanguard FTSE UK Eq Inc IdxGBP • B 19224.4 4.1 95.4 110.1 119.8 49 155.7 16 4 ✓ Vanguard Gbl Smll-Cap Idx £ * M 15083.2 97.8 118.3 126.0 53 151.7 12 ✓ 4 Vanguard Glo Bd Idx GBP * N 12688.6 98.5 98.8 101.6 53 110.5 45 3 ✓ Vanguard Japan Stock Idx£ *• R 14030.7 101.7 124.8 126.2 20 125.4 29 4 3 Vanguard LS 100% Equity M 11910.7 96.5 112.2 120.1 145 Vanguard LS 20% Equity I 11509.5 96.4 100.9 104.6 23 Vanguard LS 40% Equity K 11671.0 96.5 103.5 108.2 130 Vanguard LS 60% Equity K 11788.5 96.5 106.3 112.0 111 Vanguard LS 80% Equity K 11879.2 96.5 109.3 116.1 46 Vanguard Pac x-JapStckIdxGBAcc *• T 18418.7 3.7 94.0 102.1 115.8 22 134.5 10 4 2 Vanguard SRI Eur Stk INC GBP *• V2 11510.1 2.7 94.9 109.2 122.7 36 Vanguard SRI Gl Stk INC GBP * M 12611.9 1.7 97.4 115.6 122.4 106 Vanguard UK Gov Bnd Idx * D 12664.1 97.6 96.7 97.4 5 117.9 3 3 4 Vanguard UK InfLnk GltIxGBPAcc D1 12636.6 0.1 95.1 100.7 102.2 10 Vanguard UK LngDurGltIxGBPAAcc • D 12677.7 1.9 96.3 94.2 94.6 24 U 20121.1 1.2 98.7 122.0 125.0 40 162.5 8 ✓ ✓ Vanguard US Eq Idx £Inc • Virgin Climate Change • V2 89.7 95.4 110.8 122.3 38 136.4 26 3 ✓ Virgin Income Trust F 116.7 1.2 96.6 97.1 99.0 58 111.3 48 124.8 29 2 ✓ A 222.4 1.4 95.0 107.2 115.7 217 135.4 201 128.8 150 2 ✓ Virgin UK Index Tracking Trust • VT De Lisle America B GBP U 178.7 0.3 100.3 126.3 131.8 4 VT Munro UK Div X A 104.6 4.5 94.8 105.9 114.4 235 135.2 203 2 4 VT TC Absolute Return Pfl 104.1 97.6 103.2 109.0 29 VT TC Balanced Portfolio K 149.5 0.4 96.0 108.2 115.8 51 123.2 94 124.0 61 4 3 VT TC Income Portfolio J 109.3 2.3 96.4 101.4 107.0 113 115.0 95 131.0 26 2 ✓ WAY Abs Return Pflo 112.4 97.2 106.5 110.3 23 75.1 50.1 48.6 192 35.0 155 2 1 WAY Charteris Gld Pfl WAY R P 40.4 WAY Freestyle Gro Pflo P 107.5 0.3 96.9 112.2 114.8 50 WAY Global Blue Mgd Pflo J 153.2 95.5 103.8 112.0 49 118.6 79 128.4 34 3 3 9 1 4 WAY Global Cautious Pf B I 134.0 96.6 102.3 107.7 10 112.7 20 123.4 WAY Global Momentum A P 103.8 96.8 111.2 115.0 49 WAY Global Red Active Pflo L 140.6 93.9 106.8 118.2 42 121.8 80 130.9 49 3 ✓ WAY Global Trend A P 96.7 95.9 103.5 105.9 108 WAY MA Cautious Pf B J 124.6 97.3 105.2 110.4 75 116.6 91 2 4 WAY MA Growth B L 115.5 95.6 109.0 116.8 61 128.9 48 3 1 WDB Assetmaster Blncd * K 144.1 95.1 105.2 115.7 53 112.6 117 104.8 71 1 1 95.2 99.3 106.0 122 106.4 116 104.1 56 1 1 WDB Assetmaster Caut * J 137.2 WDB Assetmaster Gwth * L 170.4 94.9 103.8 112.0 92 113.5 98 118.0 63 1 3 WDB Assetmaster Int’l Gwth * M 160.8 94.2 100.8 107.2 216 102.4 185 108.0 129 1 2 WDB Balanced Ptf R K 132.7 3.3 95.8 107.2 115.4 57 124.7 84 129.8 49 3 3 WDB Fixed Inc Fund R E 114.3 4.0 95.7 98.0 106.1 48 118.1 47 139.2 10 3 ✓ WDB Growth R Inc M 106.4 95.8 106.5 118.1 172 WDB Oriel European R V 294.8 0.6 96.9 109.4 126.9 76 140.8 25 132.8 45 3 3 WDB Oriel Glo Fund R M 156.1 0.2 97.0 114.5 120.2 141 143.6 38 157.1 37 ✓ ✓ WDB Oriel UK Fund R A 332.8 1.4 96.5 112.6 119.8 140 149.4 81 132.4 131 4 ✓ Wesleyan Cash X1 Wesleyan Growth Trust A 301.2 2.1 95.7 111.5 121.8 114 145.8 104 138.5 97 4 4 Wesleyan International Trust M 130.6 0.5 96.4 112.6 121.9 113 132.1 123 135.6 89 3 4

FOOTNOTES TO THE FUND TABLES These performance figures show the return on £100 over five periods on a bid-to-bid basis for funds with a minimum investment of £30,000 or less. Net income is deemed to be reinvested.

■ Our alphabetical list enables you to see how a fund is performing in relation to sector peers. A ranking in bold means performance is within its sector’s top quartile for the period; a ranking in italics denotes bottom quartile performance.

■ The letter that follows each fund name identifies the fund’s sector. This allows you to refer back to the preceding sectoral statistics to discover the fund’s position.

■ The mid or bid price (normally on the largest share class) is quoted as a reference point for investors.

■ We include the projected yield for a fund, where applicable, which reflects the percentage of income earned as a proportion

66

of the performance over the past year. This is a Lipper calculation and ensures that the yield for both bond and equity-based funds are calculated on the same, consistent basis. For more information contact each management group.

■ Ethical/green funds are denoted by a • symbol. Funds that aim to replicate indices have a • symbol.

■ Suffixes such as A, Ret and X relate to the retail share class of open-ended investment companies. Suffixes Acc or Ac denote accumulation units or shares. Inc relates to income (distributes income).

■ * The fund is registered offshore. Yields and income reinvested may be quoted gross, not net, of tax.

■ FUND ratings The Lipper Leaders ratings system is based on returns over various periods in the previous

August 2013 | www.moneyobserver.com

three years. Funds are scored against similar funds and receive a rating of ✓ (the best) to 1 (the worst).

Consistent Return (CR) measures funds that deliver consistently superior returns compared with their peers. Preservation (P) measures each fund’s performance range – the difference between its best and worst three-month performance. Funds with the lowest ranges tend to hold up better in periods of market declines. It is also a measure of a fund’s volatility. Expenses (Ex) measures a fund’s annual management expenses in relation to its peers.

For more information visit www.lipperleaders.com ■ Common abbreviations AI Aviva Investors AT Alliance Trust BCIF BlackRock Collective Investment Funds BGF BlackRock Global Funds BW Barclays Wealth

CF Capita Financial Managers CF IM IM Investment Management CF JMF JM Finn CF TC Turcan Connell CF TY Taylor Young CI Capital International CIS Co-operative Insurance DB PWM Deutsche Bank Private Wealth Management DGT Dominion Global Trends EFA Elite Fund Administration FF Fidelity Funds FF&P Fleming Family & Partners HG Henderson Gartmore HHF Henderson Horizon Fund HL Hargreaves Lansdown IFDS IFDS Managers IFSL Investment Fund Services IM IFDS Managers JOHCM JO Hambro Cptl Management JPM JPMorgan LM Legg Mason MFM Marlborough Fund Managers S&W Smith & Williamson SF Sharefunds SISF Schroder ISF SJP St James’s Place SK Skandia SLI Standard Life Investments SW Scottish Widows SWIP Scottish Widows Investment Partnership TB T. Bailey TC Total Clarity TIF Threadneedle Investment Funds VT Valu-Trac WDB Williams de Broë

4 2 2 2 2 2 1 2 1 3 ✓ 2 4 ✓ ✓ 4 4 ✓ 4 4 2 1 2 4 3 2 2 3 1 2 2 3 ✓ 1 1 3 1 ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓

✓ ✓ ✓ 2 4

1 1 2 1 1 1 2 1 1 1 1 1 1 1 1 2 1 3 3